Cyber insurance renewals now require proof over promises, says Tide Foundation co-founder
By
Help Net Security
Summary
This article covers a video interview with Michael Loewy, co-founder of Tide Foundation, discussing how cyber insurance renewals are becoming more demanding. Insurers now require more questionnaires, evidence, and attestations, moving from trusting answers to verifying them. Loewy argues that compliance does not equal security, as declared controls can be partial, misconfigured, or bypassed. He emphasizes that proof beats paperwork in areas like MFA that cannot be sidestepped, backups independent from production, and standing authentication practices.
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bskyCyber insurance renewals now require proof over promises, says Tide Foundation co-founderhelpnetsecurity.comKey quotes
· 3 pulledInsurers want more questionnaires, more evidence, and more attestations, because the market is moving from trusting your answers to verifying them.
Compliance is not security, and a control which is declared can be partial, misconfigured, or bypassed when it matters.
Proof beats paperwork: MFA that cannot be sidestepped, backups that don't share fate with production, and standing auth.
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