VPN & MFA: Why Cyber Insurance Applicants Need Both

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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Chapters

• 1:33 Where should cyberattacks fall on the risk radar for businesses?
• 2:20 What can insureds do to help cut cybercriminals off at the pass?
• 3:46 What exactly is a VPN? MFA?
• 4:47 Is a VPN or MFA enough on their own? Do business owners really need to have both?
• 5:40 Is this sort of thing cost prohibitive for the "little guy?"
• 7:09 Is the use of both a VPN and MFA together table stakes for insurers?
• 8:07 How likely are companies to offer cyber coverage to businesses without VPN & MFA? Are there many out there?
• 9:42 How does partnering with a CRC Group broker help one navigate the cyber marketplace?