Does cyber insurance actually incentivize organizations to improve their security?

Top Answer : Does car insurance actually incentivize drivers to improve their driving ability? Flippant answer, but in practice, cyber insurance at best allows one to de-risk in event of a major issue, but doesn't do anything to improve overall security posture. That is up to Leadership.

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Pink Charger
Software
Does car insurance actually incentivize drivers to improve their driving ability? Flippant answer, but in practice, cyber insurance at best allows one to de-risk in event of a major issue, but doesn't do anything to improve overall security posture. That is up to Leadership.
1 upvotes
Yellow Cloud
Biotech and Scientific R&D
Nope... just CYA
1 upvotes
Red Terminal
Software
Interesting. Is it in the nice-to-have category? Or must have?
0 upvotes
Yellow USB Stick
Software
Ask it like this: Does auto insurance actually incentivize people to drive more safely?   Answer is: it depends on the policy.   If the policy gives specific incentives, it will improve things. If not, often status quo.
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Green Processor
Construction
Not at all. It is barely a risk loss mitigation
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