cyber insurance
Privileged Access Management Solutions to Meet Cy
Companies are increasingly exposed to cyber threats in today's digital landscape – and rising cyber insurance premiums confirm that a robust security concept is essential. VISULOX offers the ideal solution with its comprehensive Privileged Access Management (PAM) to meet the demands of cyber insurances and effectively minimize risks.
Facts and Figures
Key insights highlighting the critical role of privileged access management in safeguarding financial institutions.
30%
60%
70%
Herausforderung
Mastering critical challenges in the digital transformation of financial institutions – minimizing risks and establishing the foundation for effective cyber insurance.
High investments and resources
Investments in modern security solutions are expensive, but decreasing risk of damage and improved safety standards can lead to lower insurance premiums in the long run.
Fragmented access management
Decentralized management of privileged access creates gaps that cybercriminals can exploit. Insurers reward a central, transparent access concept with lower premiums.
Integration of heterogeneous systems
Merging IT and OT systems into a seamless shield is essential – a central security approach lowers the risk and improves insurance conditions.
Insufficient reporting
Lack of transparency and incomplete documentation make it difficult to demonstrate compliance. Only through comprehensive reporting can companies showcase convincing security standards and achieve better insurance terms.
Increase in requirements
Through digitization, technological innovations, and increasingly strict compliance regulations, the demands on IT security are constantly rising. Companies must continuously adapt and expand their solutions to keep pace – both with regard to new technologies and in terms of growing legal and industry-specific requirements.
Insider risks
Internal vulnerabilities can also lead to serious incidents. A centrally managed Privileged Access Management demonstrates effective risk minimization – a crucial criterion for insurers.
