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With one in three cyber-attacks now involving compromised employee accounts, insurers and regulators are placing far greater emphasis on identity posture when assessing cyber risk.  For many organizations, however, these assessments remain largely opaque. Elements such as password hygiene, privileged access management, and the extent of multi-factor authentication (MFA) coverage are

Wanna know a secret? Whether you're logging into your bank, health insurance, or even your email, most services today do not live by passwords alone. Now commonplace, multifactor authentication (MFA) requires users to enter a second or third proof of identity. However, not all forms of MFA are created equal, and the one-time passwords orgs send to your phone have holes so big you could drive a truck through them.…

Tokio Marine HCC's Keith Bergin on Cybersecurity Measures for Insurance EligibilityKeith Bergin, vice president of corporate claims at Tokio Marine HCC, explains how cyber insurers evaluate security measures such as MFA and administrative access control, and describes the integration of threat intelligence and pre-breach services to enhance policyholder security.

With cyberattacks around the world escalating rapidly, insurance companies are ramping up the requirements to qualify for a cyber insurance policy. Ransomware attacks were up 80% last year, prompting underwriters to put in place a number of new provisions designed to prevent ransomware and stem the record number of claims. Among these are a mandate to enforce multi-factor authentication (MFA)