Measure risk from within Insured's Firewall

Periodic, Uniform way to get visibility in to risk associated with every insured on the portfolio — not just once but through-out the coverage period. At the same time help Insured improve their phishing readiness and overall cyber security posture. Thousands of businesses are already using WhiteHaX.

Substantially Reduce Pay-out Risks

Phsihing is the No.1 reason for ransomware, malware outbreaks and identity thefts in businesses. Help insured get their employees trained on the risks of Phishing and how to detect and block Phishing scams. Get Phishing readiness matrices to improve internal actuarial analytics. The combination of WhiteHaX PhishSim and Cyber readiness verification substantially reduces cyber breach and pay-out risks.

Least Expensive Risk Control

WhiteHaX PhishSim and WhiteHaX Cyber readiness verification platforms provide some of the least expensive Risk Control services that Insurers can offer to improve insured businesses' security posture and substantially reduce potential pay-out risks. Contact IronSDN for more details.

WhiteHaX Cyber Insurance Benefits:

By offering cloud-Hosted, comprehensive risk-management services through WhiteHaX Platform, cyber insurers can substantially reduce pay-out risk. Some of the major benefits for Cyber Insurer are:

• Eliminate Risk: It helps eliminate infrastructure, network and the biggest human-risk in Insured businesses via a set of distinctly beneficial risk-control services.
• Small Cost: The cost can easily be absorbed in the policy premiums. Hence Insurers can offer risk control to all policyholders and thus substantially reduce pay-out risk across the portfolio without significant investment upfront.
• Portfolio & Actuarial Analytics: The extensive verification, readiness tracking & reporting done by WhiteHaX platform helps the Insurer gain insight into the various types of cyber readiness of all business policyholders in the portfolio. These data can be used for actuarial analytics to offer new cyber products, adjust premiums, policy coverage etc.
• Differentiation & Customer Retention: Offering comprehensive WhiteHaX verification risk-control service can provide a substantial differentiation for the Insurer against competitors - which in turn helps attract new customers and increases customer retention.

WhiteHaX Use-cases:

The patented WhiteHaX platform has been trusted by some of the largest cyber-insurer and is regularly used by hundreds businesses. Here are the two key use-cases,

• 1. For Prospects : : Utilize WhiteHaX one-time scan feature to have your SME and mid-tier business prospects perform Inside-the-firewall eval before underwriting, to
  • a. Complement outside (external) risk-analysis typically done by underwriting platforms
  • b. Get clearer risk visibility from inside the business network – particularly important for prospects for whom outside-scan scores provide insufficient data or flag as risky
  • c. Be able to offer a conditional policy binding i.e. give the prospect an opportunity to fix issues identified by WhiteHaX – for greater cyber-risk control
• 2. For Insureds : WhiteHaX risk control services can help policyholder businesses verify their cyber readiness across all aspects of the business periodically to continuously monitor and improve their cyber-security across infrastructure, network and employees. This in turn substantially reduces pay-out risks for cyber insurers against common threats such as Ransomware, malware outbreaks, unpatched servers or desktops and other attacks.