Effective Cyber Risk Management with Inside-Out Assessments

In this article, Matt Quammen, Co-Founder and President at Optimize Cyber, delves into inside-out assessments for cyber risk.

Risk analysis and assessment remains one of the foundations of proper risk management. As cyber insurance carriers begin to require clients to conduct third-party risk assessments, selecting the right cyber risk assessment is more important than ever. Clients need a risk-based approach, independent results, strategies to reduce cyber risk with minimal spend and a focus on preventing financial losses first. So what do cyber insurance professionals need to consider when assessing cyber risk?