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8 Tips for Lowering Your Cyber Insurance Premium in 2024 | UpGuard

ID: f6c987d2-80fd-5d8c-a370-361e5b07cd13

STIX ID: report--f6c987d2-80fd-5d8c-a370-361e5b07cd13

Feed Name: UpGuard Blog

Date Published: 2024-01-19

Date Updated: 2026-05-01

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This article advises U.S. businesses on reducing cyber insurance premiums by strengthening security posture, detailing eight strategies—implementing MFA, adopting cybersecurity frameworks (NIST), deploying Zero Trust, establishing vendor risk management, creating incident response plans, conducting security awareness training, scheduling regular penetration tests, and maintaining reliable backups—and promotes UpGuard’s attack surface, data leak, and security rating tools to provide evidence of risk reduction to insurers.

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