Gartner Research

How to Structure the Decision-Making Process for Cyberinsurance Policies

Published: 12 September 2014

ID: G00268649

Analyst(s): Juergen Weiss

Summary

A series of major data breaches during the past 12 months has led to a growing interest in cyberinsurance among Gartner clients. An analysis of policy terms and conditions shows that these products are complex, requiring thorough analysis prior to purchase.

Table Of Contents
  • Key Challenges

Introduction

Analysis

  • Mitigate Cyber Risks, Assess Your Current Exposure and Create a Risk Inventory
  • Scan the Market for Available Cyberinsurance Providers, and Compare the Expenses Detailed in the Coverage Section of the Policy
  • Negotiate Terms and Conditions of Cyberinsurance Policies With Your Insurance Provider

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