Mark Sauter

Mark Sauter's insights on the financial, policy and security elements of cyber insurance are based on years of experience in the investment banking, media and business worlds. Co-author of the McGraw Hill university textbook "Homeland Security: a Complete Guide," Sauter was also a consultant to one of the world's largest software companies and served as a US Army Special Forces and infantry officer.

Businesses Should Negotiate Cyber Insurance Premiums & Coverage: Kovrr

by

“Most companies will quickly accept the insurance provider’s first offer when negotiating cybersecurity insurance policies. Although a relatively new component of the insurance sector, providers have still been conducting cyber assessments and offers for years and are the so-called expert. However, this way of thinking costs enterprises thousands, if not millions, of dollars a year … Read more

Cyber Security Insurance Industry Moves (Carefully) Toward AI 

by

No doubt the major insurtech players (and, of course, the hackers) have a good start on leveraging AI for their business challenges. This report covers some of the areas AI will impact in the short term. “AI automation could make the claims filing, evaluation, and settlement processes more efficient. ‘Algorithms that use machine learning can … Read more

Think Your CISO is Ready to Run an Incident Response Plan? Think Again, Says Coalition  

by

“‘CISOs think when an event comes, they know exactly what to do. But I would say the majority don’t,’ (Catherine Lyle, head of claims at Coalition) said. ‘Having tabletop exercises and incident response plans are important, and they don’t have to be super intense. Just know who you have to call when something’s gone wrong. … Read more

AWS Cyber Insurance Program Demonstrates Growing Fusion of Security Tech & Insurance 

by

Interesting overview of the AWS Cyber Insurance Program. The program is part of a trend to link automated security assessments and mitigation to insurance. AWS focuses on companies that already use its services and can be easily connected to insurance providers. But the program is more than a sales channel for insurers. They can also … Read more

Howden Provides a Single Policy to Cover  Three Nightmares of Cyber Attacks 

by

Howden, a global insurance broker, has launched a new product that brings together professional indemnity (PI), crime and cyber liability into one policy. The new product, called Howden ProSecure, is designed to save businesses money and improve efficiency by reducing the need to manage multiple policies. PI insurance protects businesses against claims made against them … Read more

×