It’s that time that I fill out the annual cyber insurance policy application. Each year it gives me an insight into what insurance vendors are using to rate the risks and threats to our business and what they are stressing I should have as best practices. Not having them in place could affect insurance rates and whether I qualify for cyber insurance at all.
This year was interesting because it asked for specific ransomware prevention techniques and protections. Here are the questions that stood out.
Is two-factor authentication in place?
My insurance vendor asked if I had two factor authentication (2FA) in place protecting remote network access. They are reacting to the reality that both virtual private networks (VPNs) and Remote Desktop Protocol (RDP) provide effective access for attackers as well as users. We sometimes leave behind remote access to get into physical and virtual servers, but attackers target these remote access tools to gain network access.
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