In this video, experts Justin Reinmuth and Chris Lair discuss the evolving landscape of cyber insurance for MSPs. They cover the complexities of insurance policies and emphasize the importance of having comprehensive coverage and risk management strategies in place. The speakers also highlight the necessity of MSPs implementing standards and having thorough documentation to protect themselves and their clients from potential liability issues.
MSPs must focus on internal security and establish industry standards to protect themselves and their clients.
Cyber insurance policies vary greatly, and MSPs must ensure they have comprehensive coverage and understand the terms and exclusions.
MSPs should educate their clients about the importance of cyber insurance and security measures, using standards and contracts to set clear expectations.