Delinea

70% of organizations reported an increase in their insurance costs in the past year.

41% of organizations cited Privileged Access Management as the top differentiator in how underwriters viewed their insurability.

45% of organizations reported that their cyber insurance policy could be voided if required security controls were not in place.

97% of organizations indicated that identity-related controls influence their cyber insurance premiums or coverage terms in some way.

46% of organizations that filed claims reported that the incident triggering their claim was either identity-related or caused by a privileged account compromise.

86% of organizations reported that their insurers offered premium reductions or credits for their use of AI in security controls.

Only 33% of cyber insurance policies cover lost revenue, and 45% cover ransomware negotiations or payment.

64% of organizations that experienced a decrease in overall cyber insurance costs in the past year credited AI adoption as a key factor.

72% of organizations filed a cyber insurance claim in the past year, marking a 10-point increase from 2024.

51% of organizations were required to adopt an insurer’s preferred security solution or appliance to secure coverage.