For Insurers

The explosive growth of domestic and international cyber threats magnifies the need for comprehensive insurance policies. Cyber insurers play an essential role in protecting our increasingly interconnected marketplace.

  • Insurers providing cybersecurity policies face a formidable challenge: comprehending the risk associated with each client or potential client to set fitting premiums and coverage levels. This task is complicated by the intricate and continually evolving nature of cyber risk, with novel threat vectors emerging daily. The unique circumstances affecting each company make risk assessments and insurance pricing arduous. Further, the dynamic cyber threat landscape calls for regular policy reevaluations as new technologies and emerging risks shape the market.

  • Assured Cyber Solutions is here to bridge this gap. Using proprietary software, powered by our team of expert cyber risk specialists, we streamline risk evaluations and mitigate long-tail events for cyber insurers. We provide a full suite of services that include initial risk assessments based on custom scoring criteria, coupled with ongoing support for policyholder reevaluations.

  • We begin by setting risk assessment parameters per the insurer's requirements. Our specialists then conduct an assessment using our platform, gauging the company's cyber risk posture based on the chosen parameters. Insurers receive a detailed risk score report highlighting the company's specific strengths and risk factors, allowing for data-driven decisions on policy coverage and premium rates. Furthermore, we conduct periodic reevaluations of the cyber risk of each policy holder on a defined cadence, empowering insurers with the tools to better manage risk throughout their portfolio.

  • Our tech-driven services give insurers a holistic solution for assessing and monitoring the cyber risk of potential and current policyholders. By offering a detailed risk score and real-time insights into each company's cyber health, we enable you to make informed decisions about coverage and pricing. This dynamic approach to risk assessment keeps your portfolio updated with evolving threats, enhancing your competitive edge in the market.

  • Better Risk Assessment: Our reports equip insurers to understand their assumed risks better, enabling them to set premiums accurately reflecting the risk level.

    Improved Policy Structuring: By understanding a company's cybersecurity strengths and weaknesses, insurers can customize coverage to the company's specific needs, optimizing coverage while managing risk.

    Proactive Risk Management: Our ongoing monitoring helps insurers track their clients' cybersecurity health even after issuing a policy. This proactive approach enables insurers and clients to tackle new risks before they result in costly claims.

    Lower Claim Costs: By identifying and addressing cybersecurity vulnerabilities, we help prevent cyber incidents, resulting in fewer claims and significantly reducing costs.

    In essence, our service illuminates the cybersecurity risks of your policy holders, allowing you to create policies that are precisely priced and structured. Our proactive approach also helps you mitigate claim costs by preventing cyber incidents well before they occur.

For Private Equity & Venture Capital

Investors face long-tail cyber risk exposure in the digital marketplace. The complex threat environment underscores the need for private equity and venture capital investors to perform comprehensive risk assessments for potential investments and on an ongoing basis for all portfolio companies.

  • The unique circumstances and variables affecting each company make standardizing risk assessments a daunting task for investors during the due diligence process. Moreover, the dynamic landscape of cyber threats necessitates regular revaluation of each portfolio company’s cyber posture on an ongoing basis. While cyber insurance can serve to insulate some risk, companies still need to be proactive in protecting their digital assets.

  • Using proprietary software in combination with unparalleled cyber risk specialists, we simplify risk evaluations and mitigate long-tail events for investors. We offer private equity and venture capital firms a comprehensive service that includes initial risk assessments with customized scoring criteria, as well as ongoing risk support services for reevaluating each portfolio company’s cyber risk posture. Supported by a team of experts at the forefront of the cyber risk industry, investors are empowered to better assess and quantify cyber risk during both the due diligence process and post-investment period.

  • Initially, we establish the risk assessment parameters according to the investor's requirements. Our team of cyber professionals then conducts the assessment using our technology platform, measuring the company's cyber posture based on chosen parameters that span 17 to over 100 potential scoring criteria. Subsequently, we provide the investor with a defined risk score report that highlights the company's specific strengths and risk vectors. Lastly, we implement periodic reevaluations of the cyber posture and company-specific risks based on the desired parameters, empowering investors to make well-informed decisions as custodians of capital.

  • Our technology-driven services provide a comprehensive solution for assessing and monitoring the cyber risk of private company investments. By delivering a defined risk score and real-time insights into each company's cyber posture, we enable investors to make informed decisions prior to and after deploying capital. Our ongoing support, featuring periodic reevaluations, ensures that portfolio companies stay up to date with evolving cyber threats and maintain proper cyber protocols, ultimately protecting your capital.

  • Comprehensive Cyber Risk Assessment: Our process and technologies provide an in-depth understanding of the cyber risk profile of each potential investment and existing portfolio company.

    Tailored Risk Evaluation: We deliver a nuanced understanding of each company's specific cyber strengths and risks, enhancing decision-making during due diligence.

    Ongoing Risk Support: Our continual reassessment of each portfolio company’s cyber risk profile helps investors keep pace with evolving technological advancements and emerging risks.

    Enhanced Decision Making: Through real-time insights into each company's cyber posture, investors are empowered to make informed decisions both pre- and post-investment.

    Proactive Risk Management: By incorporating regular reevaluations of each company's cyber risk posture, investors can be assured that each company is taking proactive risk management steps and maintaining proper cyber protocols.

    Value Protection and Enhancement: We provide investors with early identification and management of cyber threats that not only protect, but enhance the value of each investment and the portfolio as a whole.

    In conclusion, these services can provide significant value to private equity and venture capital firms by empowering them to understand, manage, and mitigate cyber risks associated with their investments, thereby protecting and enhancing the value of their portfolios.

Virtual CISO Services

Our Virtual Chief Information Security Officer (vCISO) service aims to provide businesses with access to a cybersecurity expert who can develop and manage their information security program. Our team performs many of the same roles as a traditional, in-house Chief Information Security Officer (CISO), but we do so remotely and often part-time, making our service more affordable and accessible for small to medium-sized businesses.

  • We assess our client’s cybersecurity risks and develop strategies to manage these risks. This could involve identifying weak points in the business's security infrastructure, recommending security measures, and developing disaster recovery plans.

  • We help our clients comply with any relevant security standards or regulations. This could include creating and updating security policies, training staff on these policies, and ensuring the business is in compliance with regulations such as CMMC, GDPR or HIPAA.

  • We respond to security incidents and attempted breaches in real-time. This could involve leading investigations into how an attempted breach occurred, coordinating a response to mitigate the breach, and making recommendations on how to prevent similar attacks in the future.

  • We manage relationships with any vendors that impact the businesses cyber posture including those that provide other security services or products to the business. This could involve negotiating contracts, ensuring that vendors are meeting their security obligations, and assessing the security risks associated with using each vendor.

  • We provide training to staff on cybersecurity best practices. This could include educating staff on how to spot phishing attempts, how to use passwords securely, and the importance of regularly updating and patching software.

  • We develop a long-term cybersecurity strategies for businesses. This involves understanding each client’s goals and how they might be affected by potential security threats, and then creating a plan to manage these threats over time.