{"id":109,"date":"2017-07-25T12:54:59","date_gmt":"2017-07-25T12:54:59","guid":{"rendered":"http:\/\/www.patchadvisor.com\/blog\/?p=109"},"modified":"2017-07-25T12:54:59","modified_gmt":"2017-07-25T12:54:59","slug":"cyber-insurance-and-the-vulnerability-assessment-connection","status":"publish","type":"post","link":"http:\/\/www.patchadvisor.com\/blog\/?p=109","title":{"rendered":"Cyber Insurance and the Vulnerability Assessment Connection"},"content":{"rendered":"

As corporations begin to look at ways to mitigate risk in cyber attacks, the insurance industry has stepped forward to fill a gap.\u00a0 At PatchAdvisor we have begun a partnership with GovTech\u2019s cyber insurance group<\/a>, in part because we believe we can greatly assist its clients in vulnerability assessments, therefore reducing unnecessary risks.\u00a0 We encourage you to explore insurance because readying your cybersecurity toolkit remains a part of solid business asset management, and because we humans cannot plan for every circumstance.<\/p>\n

Ending this last month of June 2017, we saw yet more global attacks, destroying data systems in Europe and the United States and again questions abound\u00a0 about whether United States businesses and organizations are prepared for cyber threats.\u00a0 \u201cPetya,\u201d started in the Ukraine\u00a0and wreaked havoc across the globe.\u00a0 Its effects were devastating, even shutting down an entire hospital<\/a>, forcing it to replace \u00a0crucial portions of its networks, in West Virginia.<\/p>\n

At PatchAdvisor, we believe that technologies are rapidly evolving to assist corporations in making wiser choices for risk mitigation through software and hardware, but we also know that it is the human element of a vulnerability assessment that dictates decisions that require scrutiny.<\/p>\n

The numbers bear out the incredible risks we are now seeing in the security space.\u00a0 Recent statistics from IBM Security include:<\/p>\n