How do insurers evaluate a company’s vulnerability management practices, such as patching and updates, when assessing risk?
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How do insurers evaluate a company’s vulnerability management practices, such as patching and updates, when assessing risk?
Insurers typically evaluate a company’s vulnerability management practices, including patching and updates, by assessing the frequency and effectiveness of the company’s patch management process. They may examine how quickly security patches are applied after they are released, whether the company has a documented patch management policy in place, and the level of automation in patch deployment. Additionally, insurers may consider if the company conducts regular vulnerability scans and assessments to identify system weaknesses that need to be patched. Overall, insurers look for proactive and well-documented vulnerability management practices to assess the level of risk associated with the company.