“When life gives you a lemon, life gives you a warranty,” — Will Brooks.
Does a cyber warranty give you full cyber insurance?
Read the fine print. Warranties are appealing, but it’s not meant to cover everything. The not-so-good stuff is about how it’s written.
Will Brooks and Reid Wellock talk about while cheap warranties can help reduce risk, they leave significant exposure through their built-in restrictions.
“Our MSP partners often ask our team, what security requirements will be next? “ – Reid Wellock, President, FifthWall Solutions. “We are seeing Privileged Access Management (PAM) come up more and more from underwriters. We are really excited to partner with CyberFOX to provide clarity to MSPs and access to a great PAM solution.”
Cyber warranties are gaining popularity in the insurance world, often compared to lemon laws that protect consumers. However, it’s crucial to differentiate warranties from comprehensive policies and carefully review the terms and conditions.
Cyber insurance savings won’t come from security controls alone. Learn how working with a quality cyber partner helps you get the best value.
