Strengthening Identity Security to Reduce Cyber Risk
Cyber threats are evolving rapidly, and identity-based attacks remain a top concern for businesses. Traditional security measures often fall short in preventing credential theft, lateral movement, and account takeovers. This is where Silverfort provides a game-changing solution, delivering identity protection that significantly reduces cyber risk and, in turn, lowers cyber insurance premiums.
Why Identity Protection Matters for Cyber Insurance
Cyber insurers are tightening requirements, demanding organisations implement stronger security controls to qualify for coverage or receive lower premiums. Identity-related threats, such as ransomware and unauthorised access, contribute significantly to security breaches. By addressing these risks, businesses can demonstrate a proactive approach to cybersecurity, making them a lower-risk candidate for insurers.
How Silverfort Enhances Security Posture
Silverfort provides an agentless, AI-driven platform that seamlessly integrates with existing identity and access management (IAM) systems, including Active Directory and cloud environments. This allows organisations to:
- Enforce Multi-Factor Authentication (MFA) Everywhere – Silverfort extends MFA protection to all resources, including legacy systems, command-line access, and IT/OT environments that traditionally lack strong authentication options.
- Prevent Lateral Movement – By continuously monitoring authentication traffic, Silverfort detects and blocks unauthorised access attempts, preventing attackers from moving across the network.
- Protect Service Accounts – Many cyberattacks exploit service accounts with hardcoded or shared credentials. Silverfort enables adaptive authentication for these accounts without disrupting operations.
- Achieve Zero Trust Security – Implementing a Zero Trust approach requires verifying every identity before granting access. Silverfort enforces this without the need for additional agents or infrastructure changes.
Lowering Insurance Premiums Through Identity Security
Cyber insurance providers assess an organisation’s security maturity when determining premiums. The stronger the security posture, the lower the perceived risk—and the lower the cost of coverage. Silverfort helps organisations qualify for reduced premiums by:
- Meeting MFA and Access Control Requirements – Many insurers now mandate MFA and strong access controls for policy eligibility. Silverfort ensures compliance without complex deployments.
- Reducing the Risk of Costly Breaches – Effective identity protection minimises the likelihood of credential-based attacks, decreasing the chance of costly ransomware incidents or data breaches.
- Demonstrating Security Maturity – Implementing advanced identity protection solutions like Silverfort signals to insurers that an organisation is taking proactive security measures, leading to better terms and lower premiums.
Simplified Deployment, Maximum Protection
Unlike traditional MFA solutions that require extensive integration efforts, Silverfort’s agentless architecture allows for rapid deployment with minimal disruption. Organisations can enhance security without modifying existing infrastructure or introducing operational complexities.
Conclusion
As cyber threats become more sophisticated, businesses need robust identity protection to safeguard their networks and data. Silverfort’s innovative approach not only strengthens security but also provides financial benefits by helping reduce cyber insurance premiums. Investing in comprehensive identity protection is a strategic move that enhances resilience and demonstrates a commitment to cybersecurity best practices.
At Zetta, we help organisations implement identity security solutions like Silverfort to reduce risk, meet compliance requirements, and improve their cyber insurance position.
Want to see how Silverfort could work in your environment? Request a demo or a complimentary security assessment with one of our experts.
