For all ABC Members
Reducing the Cost of Cyber Insurance
The cost of cyber insurance premiums has increased 25 - 100% in 2023.
MySherpa and CBM Insurance in conjunction with Elpha Secure Insurance create a program to reduce cyber insurance premiums by up to 15%.
How to we do you save 15%?
We have joined forces to implement improved cyber security processes, aligning to Insurance requirements and reducing your cyber risk.
Reduced risk equals decreased insurance premiums.
Mitigate Increasing Cyber Insurance Premiums
62%
Incidents Initiated by the Supply Chain
13%
Incidents are Caused by Configuration Errors
80%
Incidents are Caused by External Parties
The ABC Coordinated Approach to Reduce Cyber Risk
A.
Cyber Assessments
Survey your security infrastructure for weaknesses and security gaps compared to insurance requirements
B.
Close the Security Gaps
Address the security gaps to increase protection and reduce risk, collaborating with the insurance requirements
C.
Security Defense
Implement security defensive tools and training to mitigate cyber threats and coordinating with the carrier to reduce risk
ABC Cyber Insurance Program
- Identifying and aligning cyber security protections with insurance requirements.
- Implement a Monitoring system for real time protection and threat mitigation
- Detect and responding to cyber threats before they become meaningful incidents.
Why MySherpa?
MySherpa delivers cyber security to keep your business protected. We are your “go-to” technology experts so you can focus on what is most important, your business.
