Over the last years, the threats of cyber risks have increased significantly. There is a high market potential for cyber policies that insurers can tap into. However, quite often the assessment of cyber risks still presents a mystery for insurers as they often lack experienced cyber risk management or relevant IT expertise – and the threat situation is rapidly changing.
cysmo® has been developed actuaries, IT and cyber security experts to fulfil these exact industry-specific requirements.
cysmo® enables insurers to reliably assess the risk of cyber attacks for their customers – always up-to-date and in real time.
Finally your sales representatives can explain cyber risks to their customers in a quick and easy-to-understand way, so that the urgency of a cyber risk policy can be emphasised.
Additionally, the comprehensible cysmo® report helps sales representatives clarify the conditions of their policy for their customers and make specific adaptations to each case.
In an average of three minutes, cysmo® provides underwriters with a fully automated real-time rating of a company's IT structure vulnerability.
To this end, all openly visible information is recorded and analysed – from the "hacker's perspective" and in consideration of all current threats from the net.
The cysmo® scores – including open ports, visible gateways, inadequate mail encryption processes and other security gaps – can ultimately be assigned to the different coverage modules of a policy.