CYBERMINDR USE CASE

Redefining Cyber Risk
Management for
Insurers

CyberMindr empowers insurers to tackle rising cyber risks with
precision, mitigating blind spots and ensuring confident, data-
driven decisions.

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Simplifying Cyber Risk
Management for insurers

In the world of insurance, precision, speed, and trust form the cornerstone of success.
As cyber risks evolve, the stakes for insurers are constantly increasing. in 2024, the
frequency of large cyber insurance claims(excedding €1 Million) rose by 14%, with
severity increasing by 17%, underscoring the growing impact of cyber threats on
insurers.
Traditional tools often fall short in this dynamic threat landscape. Blind spots, false
positives, and inefficiencies complicate the process, leaving insurers vulnerable to
underpricing risks or overpaying claims. CyberMindr changes the game, empowering
insurers to identify vulnerabilities, assess threats, and make confident decisions.

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How CyberMindr Secures Your
Insurance Process

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Dynamic
Threats

Stay ahead of
attackers by leveraging
continuously updated
intelligence.

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Complex
Threat
Vectors

Identify multi-stage,
interconnected risks,
that other tools miss.

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Rapidly
Changing
Assets

Maintain real-time
awareness of an
insecured's IT environment,
ensuring assessments
reflect current conditions.

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Unknown
Unknowns

Uncover hidden
vulnerabilities with
predictive algorithms
and active scanning.

Impact of cybersecurity
Oversights in Insurance

Ignoring cybersecurity risks during underwriting can lead to

1.

Policy
Mispricing

Insufficient data may result in
underpricing high-risk clients.

2.

Claims
Disputes

Inaccurate assessments increase
the likelihood of disputes during
claim validation

3.

Regulatory
Penalties

Failure to adhere to standards
like NIST or GDPR could result in
Significant fines.

4.

Reputational
Damage

Overlooked risks can harm your
reputation and client trust.

92% Faster Incident Response
with Continuous Monitoring
A Forrester Insight

Forrester Consulting found that continuous monitoring reduces
incident detection and response times by 92%, reinforcing the
importance of proactive tools like CyberMindr.

Cyber Protection

Begin With Unparalleled Insights

CyberMindr transforms how insurers evaluate risks. By integrating our platform into your underwriting processes, you gain

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Active Asset
Discovery

Our Zero-knowledge, unbased
discovery approach identifies
assets that even insureds may
not know about.

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Validated Vulnerability
Detection

Reduces false positives and
negatives, ensuring you work
with accurate, actionable
data.

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Real-Time Threat
Analysis

Continuously monitors for
emerging threats and attack
vectors, keeping you ahead of
adversaries.

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Dynamic Risk
Scoring

Leverages 16,000+ attack
playbacks and 300+ hacker
forums to track evolving
attacker TTP.

How CyberMindr Adds Value

CyberMindr redefines insurance risk evaluation by

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Improving
Accuracy

Eliminate reliance on outdated
OSINT data for precise risk
assessments.

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Streaming
Claims

Pinpoint breach causes with zero
false positives, expediting claim
resolution

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Enhancing
Client Trust

Provide actionable insights that
help clients strengthen their
defenses.

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Scaling
Seamlessly

Adapt to the pace and complexity
of your portfolio with our automated,
cloud-based platform.

Are You Prepared to
Safeguard Your Company?

Book a Demo

Use CyberMindr to protect your
environment and lessen potential
risks to see how attack path
discovery and protection will be in
the future, get a demo today.

Reach Us NOW