Business leaders face growing challenges around making informed decisions on their cybersecurity spending:
- How much should the company budget to reduce the likelihood of a cyber-related loss?
- Which investments in controls would reduce overall risk?
- How much should the company spend on cyber controls and cyber insurance?
With premiums for cyber insurance increasing and the addition of more exclusions to coverage agreements, companies need a more effective way to convey how they are understanding and managing their cybersecurity programs to their insurance partners.
Axio’s cyber risk quantification platform is trusted by leading cyber insurers and provides a detailed report on how an organization’s cyber risk maturity compares to established standards, giving insurers insight into their policy holders’ cybersecurity posture.