This cheatsheet outlines the nine critical services that define the Minimum Viable Business (MVB) for banks. These services are legally required in most jurisdictions and operationally essential to maintain customer trust and ensure economic continuity. For cyber insurance professionals, understanding these services is critical to evaluating business interruption (BI) risk, regulatory exposure, and systemic operational vulnerabilities.
- Toolkits
Minimum Viable Business: Banking
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About Cyber Insurance Academy
The Cyber Insurance Academy has taken a different approach to cyber risk transfer mechanisms and believes that the market today is in desperate need of education in order to unlock the development of the cyber insurance product and to support cyber policy buyers more confidently. Our educational program is accredited by the Chartered Insurance Institute – a mark of distinction awarded only to programs that meet rigorous criteria, namely, clear value-added, high standards of academic quality, and the delivery of tangible professional development.
For more information about the Cyber Insurance Academy’s courses for Cyber Insurance Professionals, please visit this page.