Vistage Speaker and Cyber Security expert Mike Foster has helped many Vistage members prevent their systems from outside intrusion. But loss prevention in the form of strong policies and great training is only part of the answer. Even the best defended systems can be breached if someone really wants to. Adequate cyber insurance needs to be part of every CEO’s cyber defense plan.
Like any other coverage, cyber insurance requires an application which provides data about the insured before carrier will write a policy. Mr. Foster offers a checklist for CEOs and their CIOs/CTOs to review before you apply. It may make the difference between being underwritten, or underinsured …or even worse, not insured at all.
Forward his post “Questions Cyber Insurance Companies Will Ask You” to your IT Team. Even if you don’t apply, or are declined coverage, these questions will make your IT system safer.
