Security News > 2023 > July > How Pen Testing can Soften the Blow on Rising Costs of Cyber Insurance

How Pen Testing can Soften the Blow on Rising Costs of Cyber Insurance
2023-07-06 10:47

One solution to help organizations protect themselves is cyber insurance, despite the rising costs of cyber insurance, where the average price in the U.S. rose 79% in the second quarter of 2022.

While cyber insurance is not a one-size-fits-all solution and may not cover every possible scenario, it can help organizations mitigate the financial and reputational risks associated with cyber-attacks and data breaches.

Almost every modern organization uses, sends, or stores data, which means almost every modern business is reliant upon cyber insurance as a part of its overall risk management strategy.

Organizations have direct access to pen testers and a knowledge base for how to fix vulnerabilities, enabling IT and development teams to remediate them effectively.

Outpost24 provides a range of application pen testing services to help organizations identify and remediate vulnerabilities and logical errors in real-time for faster remediation.

Contact Outpost24 to learn more about web application pen testing services and how you maintain a robust cyber security posture that keeps insurers happy and threats at bay.


News URL

https://thehackernews.com/2023/07/how-pen-testing-can-soften-blow-on.html