![](\"https:\/\/news.sophos.com\/wp-content\/uploads\/2022\/02\/Cyber-Insurance-blog-featured-art.png\"\/)
<\/p>\nOne of today\u2019s biggest challenges on the business side of cybersecurity is to qualify for and maintain cyber insurance. The cyber insurance market has been going through tumultuous times during the past two years, driven in part by the COVID-19 pandemic and the sharp increase in ransomware attacks.<\/p>\n
Overall, the <\/span>insurance <\/span>industry itself has experienced higher-than-expected claims due to ransomware and other malware attacks<\/span>.<\/span> This is due, in part, because <\/span>cyber criminals are targeting <\/span>work-from-home <\/span>employees <\/span>with ransomware attacks <\/span>because <\/span>their<\/span>\u00a0<\/span>security <\/span>defenses <\/span>generally <\/span>are eas<\/span>ier<\/span> to <\/span>breach through email-borne attacks<\/span> as they are not behind the corporate <\/span>network<\/span> defenses<\/span>.<\/span><\/span>\u00a0<\/span><\/p>\n As a result of the massive <\/span>insurance payouts due to ransomware and a reduction of the overall amount of insurance now <\/span>offered by<\/span> the insurers<\/span>, cyber insurance carriers and brokers are clamping down on the risk level they will insure, along with tightening terms, reducing coverage<\/span>,<\/span> and increasing policy prices.<\/span><\/span>\u00a0<\/span><\/p>\n Do you know your cyber insurance risk profile? Ask yourself these questions: What is your cyber insurance risk profile? Do you know how cyber insurers determine who gets insurance and who does not? What can you do to make it easier to secure the coverage you need?<\/p>\n If you are interested in learning more, join this important webcast: <\/span><\/span>Optimizing Your Cyber Insurance Position<\/span><\/strong>,<\/span><\/span> scheduled for Wednesday, March 16,<\/span> 2022<\/span>,<\/span> from<\/span> 1<\/span>1<\/span>:00 a.m. to <\/span>1:00 p.m. <\/span>EDT<\/span>\/<\/span>15:00 to 17:00 GMT. You can register to reserve your place at the virtual table <\/span><\/span>here<\/span><\/span><\/a>.\u00a0<\/span><\/span>\u00a0<\/span><\/p>\n Joining Sophos to discuss how midsize and larger companies can meet today\u2019s requirements are cyber insurance experts who will explain the lay of the land today in the industry and how companies can prepare themselves for negotiating new and renewal cyber insurance policies.<\/p>\n The agenda of sessions for the event and the speakers include:<\/p>\n This webcast would be ideal for a CISO, CIO, IT director, general counsel, chief risk officer, chief compliance officer, cybersecurity professional, or a member of the board of directors.<\/p>\n Book your place today<\/a>!<\/p>\n <\/p>\n <\/p>\n <\/p>\n <\/p>\n <\/p>\n <\/p>\n<\/p><\/div>\n\n