Qualys and Converge Launch Joint Offering, Lowering Insurance Premiums for Organizations with Proven Cyber Risk Reduction through Enterprise TruRisk Management
Qualys, Inc, a leading provider of cloud-based IT, security and compliance solutions, together with Converge, pioneers in advanced cyber risk management and underwriting, today announced a joint offering that rewards organizations for demonstrated cybersecurity compliance. The collaboration allows Qualys customers who actively manage and prove strong security hygiene with Enterprise TruRisk Management (ETM) to potentially qualify for reduced cyber insurance premiums from Converge.
Traditional cyber insurers struggle to price and assess risk accurately against the backdrop of increasing ransomware attacks, data breaches, and supply chain incidents. Current cyber insurance applications rely on manual questionnaires, a process that is time-consuming, inconsistent, and easy to get wrong. The Qualys Converge Connect Insurance Report (CCIR) generated by ETM allows a company’s data to speak for itself, verifying vulnerability management, patch management, and endpoint detection controls in a standardized format that Converge underwriters can evaluate quickly and accurately. By providing underwriters with accurate...
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