Case Study: Qualifying for Cybersecurity Insurance
When It Seems Impossible

Rising Requirements for
Cybersecurity Insurance

Insurance providers across the nation have increased requirements for companies looking to obtain cybersecurity insurance. After cybercrime rose 600% during the COVID-19 pandemic, insurance companies are requiring companies seeking insurance to take greater measures to secure their organization.

For our manufacturing client, Cisco Duo was the best solution to both protect the organization from attack and meet insurance requirements.

How Multi-Factor Authentication (MFA) Helps

Cisco Duo gives organizations the power of MFA. Our client needed MFA at these five different levels:

Email

92% of malware is delivered by email. MFA ensures that only the intended user has access to emails.

Remote Access

50% of workers now use a personal device for work-related tasks. MFA ensures only known users can access your systems.

Admin Access

Only 38% of organizations use MFA to secure their privileged accounts. Most cybercriminals will try to gain admin access to wreak havoc on systems and steal data.

Infrastructure

DDoS attacks will grow to 15.4 million by 2023. MFA can help ensure hackers don’t have access to your organizations’ sensitive systems.

Backups

The global average cost of a data breach is $3.86 million. MFA-protected backups ensure you won’t have to pay a ransom.

Cybersecurity Challenges

Our client was facing challenges with access for end-user devices and a complicated onboarding and download process. They also were looking to renew their cybersecurity insurance, but needed help meeting the new requirements.

Cisco Duo was selected over Microsoft MFA because it offered the most flexibility; it came with the ability to lock down internal resources with multi-factor authentication (MFA).

“The most difficult item was dealing with the individual users and the onboarding process. Passwords, download and walking through the process with inexperienced users were the most difficult aspects…but not overbearing. The technology deployment and setup of Duo were easy to configure, set up, and establish.” – IT Director, Manufacturing Company

How Peters Helped

“Thanks to the expertise of the Peters team, they were able to assist us in the smooth adoption of the Duo MFA technology into our organization. Peters made it easy to get us to where we wanted to be.” – IT Director, Manufacturing Company

During the project, Peters and Associates completed Cisco Duo’s setup and assisted as the client completed other steps in the rollout. The client has been partnering with Peters for more than 25 years, so we had unique insights into their needs in order to recommend the best solution.

Get Help From Experts Today

If you are struggling to qualify for cybersecurity insurance or you’re looking to update your organization’s cybersecurity, Peters can help.

Contact an expert today to learn how we can help you achieve your security goals.

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