Vanta and Vouch have launched an embedded cyber insurance solution, enabling Vanta customers to purchase and manage cyber insurance coverage directly within the Vanta platform. This new feature aims to streamline securing insurance against cyber incidents, such as data breaches and ransomware attacks while helping companies meet SOC 2 compliance requirements.
SOC 2, or Service Organization Control 2, is a standard for managing customer data based on five “trust service principles”—security, availability, processing integrity, confidentiality, and privacy. Companies that handle customer data, particularly in the cloud, must demonstrate their ability to protect this information. Achieving SOC 2 compliance assures customers that an organization has the necessary controls to safeguard their data.
Previously, companies seeking cyber insurance had to navigate a lengthy process involving brokers and manual handling of Certificates of Insurance (COIs), which often delayed compliance milestones. The integration with Vouch allows Vanta users to obtain insurance quickly and efficiently, providing immediate compliance and protection.
Purchasing Cyber Insurance
Jeremy Epling, Chief Product Officer at Vanta, highlighted the complexity of purchasing cyber insurance and the confusion around coverage options. “With Vouch insurance embedded into Vanta, customers can easily obtain coverage at a fair price, precisely when they need it, all from Vanta,” Epling said. The collaboration aims to make the SOC 2 compliance process more accessible and efficient.
Sam Hodges, Co-founder and CEO of Vouch, emphasized the need for easily accessible, quality coverage. “The future of insurance lies in quality coverage that is instantly accessible wherever and whenever new risks emerge,” Hodges noted, praising the partnership with Vanta for aligning with this vision.
Beyond the embedded insurance feature, Vanta has also introduced new capabilities to support startups’ compliance efforts. These enhancements include personalized compliance roadmaps, streamlined employee background checks, access to penetration testing services from Vanta’s partner network, and discounted cookie compliance solutions.
Source: Vouch and Vanta Bring Embedded Cybersecurity Insurance to Vanta Platform.
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