Tenable Cyber Exposure Study Cyber Insurance Report

This report is a technical document that outlines critical factors organizations should consider when assessing their cyber insurance needs. The objective is to enable organizations to limit financial loss by transferring some risks associated with data breaches through cyber insurance. It discusses the importance of having a mature cybersecurity program, including the need for asset discovery and assessment, risk prioritization, vulnerability management, and adherence to service level agreements (SLAs). The document emphasizes that underwriters require supporting evidence of the applicant's cybersecurity measures and risk management programs. It describes how the Tenable Vulnerability Management platform assists organizations in demonstrating their cybersecurity maturity, emphasizing asset identification and monitoring as vital for effective risk management. This report also highlights the role of standards and frameworks in guiding organizations towards compliance and effective vulnerability management practices. Furthermore, it specifies the methodologies used in the report, including the CVSSv3 Base Score for measuring vulnerability severity and the Tenable Asset Criticality Rating (ACR) for assessing asset importance.