Placing You First Insurance Podcast by CRC Group

VPN & MFA: Why Cyber Insurance Applicants Need Both

March 14, 2023 CRC Group, Dan Myer Episode 69
Placing You First Insurance Podcast by CRC Group
VPN & MFA: Why Cyber Insurance Applicants Need Both
Show Notes Chapter Markers

These days utilizing only a Virtual Private Network may not be enough to qualify for a cyber insurance policy. Insurers want companies to have not only a VPN but also Multi-Factor Authentication in place for remote network access. Unfortunately, many clients don’t understand the need to use both together. Many assume a VPN is enough to protect against cyberattacks, but that could turn out to be a costly mistake.

Amanda and Scott are joined by Dan Myer, a Director with CRC Group’s ExecPro Practice Group and a Broker from the Tampa, FL office. He’s going to fill us in on the importance of using a VPN and MFA together.

Featuring:
Dan Myer - Director & Broker, CRC Tampa

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Where should cyberattacks fall on the risk radar for businesses?
What can insureds do to help cut cybercriminals off at the pass?
What exactly is a VPN? MFA?
Is a VPN or MFA enough on their own? Do business owners really need to have both?
Is this sort of thing cost prohibitive for the "little guy?"
Is the use of both a VPN and MFA together table stakes for insurers?
How likely are companies to offer cyber coverage to businesses without VPN & MFA? Are there many out there?
How does partnering with a CRC Group broker help one navigate the cyber marketplace?