Industry: Cyber Insurance
Breach intelligence for cyber insurance underwriters
Cyber attacks are becoming more common every day, and cause substantial losses to businesses of all sizes. As a result, the growth potential for cyber insurance companies is skyrocketing – but so is the risk to your P&L.
- How do you know if customers are at increased risk of data breaches, business email compromise, and ransomware?
- Can you effectively price high-risk customers accordingly?
- Are you able to make informed decisions that improve your underwriting, and feel confident walking away from bad business?
At the root of these questions is a lack of access to exposure data that helps define which customers are at higher risk of cyber attacks that result from the use of stolen authentication data, including credentials and cookies that enable ATO and session hijacking.
Leverage SpyCloud’s unparalleled data breach, malware intelligence, and phished data for improved cyber risk modeling.
TRUSTED BY HUNDREDS OF GLOBAL INDUSTRY LEADERS
Informed cyber underwriting decisions are made with SpyCloud data
Generate better cyber risk assessments
Assess the cyber risk profile of clients for more accurate policy pricing
Safeguard your own business
Reduce unexpected claims and protect your bottom like with unmatched breach and malware intelligence
Increase customer lifetime value
Win more business with optimal pricing & keep clients longer by sharing exposure data they can act on
How It Works
SpyCloud’s recaptured data can make all the difference to your risk modeling.
A company with a high number of compromised logins or stolen authentication cookies for critical business applications should be evaluated differently than a company whose employees demonstrate superior password hygiene. Not only that, the company at high risk needs access to their exposures so they can remediate. You can be the insurance partner that supplies fresh exposure data they can act on, helping them improve their cyber risk and achieve lowered premiums that keep them a customer.
SpyCloud’s security researchers gain access to the same data the fraudsters use and our proprietary engine makes that data usable by enterprises to protect themselves and their customers. Cyber insurers turn to us to enhance their underwriting process with accurate data on their customers’ cyber risk that is continuously updated to the tune of 25+ billion assets per month.
By integrating SpyCloud’s easy-to-use API into your existing cyber risk analysis tools and modeling, you can accurately price premiums while ensuring your customers are protected pre- and post-breach – plus you can identify and notify customers when they have been exposed on the criminal underground so they can take action.
What else can I do with SpyCloud?
Ensure compliance
Take a proactive approach by identifying and remediating security and compliance risks
Integrate SpyCloud alerts with your SIEM, SOAR, IdP, TIP, or EDR to optimize your tech stack →
Flexible APIs
SpyCloud provides custom, high-volume APIs with simple configuration to help you integrate identity threat protection with your current tech ecosystem
