Making Cyber Insurance Work for Healthcare Security Leaders

Cyber insurance is no longer a fringe investment for healthcare organizations—it’s becoming a standard component of enterprise risk strategy. But while its presence is growing, so are the misconceptions. Cyber insurance is often misunderstood as a standalone safety net, rather than what it should be: a strategic layer within a broader cybersecurity and risk management program. To gain real value, organizations must approach cyber insurance with the same level of scrutiny and integration they would apply to any security control.

From a consulting perspective, cyber insurance should not be the first line of defense. It should be positioned as a risk transfer mechanism, activated only after all reasonable...

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