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Over the last few years, ransomware attacks have increased at an unprecedented rate in number, severity, and sophistication, affecting businesses of all sizes and across all industries. As threat actors continue to target new vulnerabilities and discover new attack methods, ransomware will continue to remain a significant concern in 2022.
The dynamic threat landscape has resulted in cyber insurance carriers to alter their underwriting standards, with many carriers increasing rates, limiting coverage, and limiting capacity for certain risks. Underwriting questions have become more strategic and better reflect the current threat landscape and cyber exposures. Underwriters are paying more attention to their insureds’ overall cybersecurity hygiene and the procedures they’ve put in place to manage risk.
As a result of these changing requirements, independent insurance agencies across the country are scrambling not only to address their own cyber policy renewals but help their clients do the same.
In our next webinar, Jason Gobbel, Chief Solutions Officer and Cyber Security Expert at Kite Technology will review what is changing in the current cyber liability landscape and provide valuable context for many of the new requirements we are seeing on carriers’ applications. What you learn will help you to better understand the changing requirements and enable you to be more successful in helping your clients purchase or renew their own cyber liability policies.
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We look forward to seeing you at the webinar! Be sure to register even if you can’t attend the live session and we’ll send you the recording.
With more than 30 years’ experience, Kite Technology has earned a reputation for providing high-quality Managed IT, Security, and Consulting Services to independent insurance agencies across the country. We strive to help our clients maximize their business performance, secure their data and assets, and experience greater success year after year.
As the Chief Solutions Officer of Kite Technology Group, Jason Gobbel is an expert at one thing: Helping small-to-mid sized businesses take advantage of technology. A 20-year veteran of the field, Jason leverages a unique blend of insurance and technology expertise to help business owners develop and implement strategies for cloud adoption, increasing security posture, and managing a remote workforce.
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We would love the opportunity to learn more about your business and how we can help.
Cloud solutions architect
Adam is passionate about consulting with organizations across the country to help them develop and execute a cloud adoption strategy that meets their business needs and future objectives. Adam oversees and manages our company strategy for Microsoft 365 adoption and is responsible for future growth and development inside Microsoft 365 and other cloud technologies.