What is the role of threat intelligence in cyber insurance?

Threat intelligence is critical for securing tailored and effective cyber insurance coverage because it provides valuable insights into the types of threats organizations may face, their methods of operation, and potential vulnerabilities. By leveraging threat intelligence, organizations can better assess their specific risks and develop customized cybersecurity strategies to mitigate these threats. This, in turn, helps insurance companies accurately underwrite policies, pricing coverage based on the organization’s actual risk profile, which can lead to more comprehensive and cost-effective cyber insurance packages.