What is the role of threat intelligence in the cyber insurance application process?

Threat intelligence plays a crucial role in demonstrating a company’s cybersecurity maturity during the cyber insurance application process by providing vital insights into the potential threats and risks faced by the organization. By incorporating threat intelligence, companies can showcase their proactive approach to identifying and mitigating cyber threats, which can positively impact their cyber insurance application. It helps insurance providers assess the company’s level of preparedness against cyber threats and vulnerabilities, making the company a more attractive candidate for cyber insurance coverage.