By definition, SASE refers to a network architecture that combines advanced security features with wide area network (WAN) functionality. The solution integrates a variety of security services, including secure web gateways, cloud access security brokers, firewalls as a service, and zero trust network access, directly into the WAN to securely and efficiently route Internet and cloud computing traffic. Masu.
Because traffic is secured at the source, the SASE approach improves enterprise security no matter where your users are. The SASE framework also reduces complexity by grouping multiple security productions within a single cloud platform. This reduces operational costs while improving network performance, especially for multisite companies that increasingly rely on cloud computing services.
Despite effective protection, phishing remains a fragile relationship
Even with this kind of secure infrastructure, cyberattacks can occur at any time and wreak havoc on your network. This is often the result of a phishing attack in which an attacker tricks an internal user into gaining access to the network. As demonstrated in Check Point 2023 Cybersecurity Report83% of cyberattacks are caused by email.
The SASE approach can still provide some protection here, but hackers target users directly and steal access credentials. If successful, the organization could become a victim of cyber espionage or ransomware attacks.
according to 2022 Survey by Cyber Rescue Alliance, Almost every company around the world has been the target of a phishing attack at least once. In his 12% of successful attacks, the attacker was able to gain full access to all of the company’s data for over a year until the ransomware encrypted the data.
Cyber health insurance for businesses
If your company suffers a cyber attack, cyber insurance will step in. We cover all costs associated with fighting cyberattacks and help repair damage.according to Report by insurance company Hiscox, Several companies around the world have also gone bankrupt due to cyber attacks. However, cyber insurance companies require a certain level of network protection before agreeing to cover the cost. This is exactly the situation where his SASE approach shows its strength, and it also applies to the NIS2 directive.
In most cases, implementing SASE is a sustainable way to meet insurance company requirements. This significantly reduces the likelihood of a successful cyber attack, while also ensuring that your insurance company will underwrite and compensate you for your losses if an attack occurs.
In such a scenario, SASE continues to oversee technical protection while cyber insurance protects the company’s finances. Even with the best security architecture in place, employees are still vulnerable and cybercriminals can obtain their usernames, passwords, and more. Hackers generally don’t have to actually hack anything. All they do is log in using stolen credentials, do damage, encrypt and steal your data. Cyber insurance is powerless in this case, but it can protect your organization from the effects of such an attack.
What expenses does cyber insurance cover?
Cyber insurance covers direct damage caused by cyber attacks within the scope of coverage specified in the contract. This typically includes IT infrastructure and the cost of restoring lost data. Expenses for expert appraisals and evidence preservation are also covered. Professional assessments often require taking the IT infrastructure out of service, at least temporarily. Again, costs are covered by cyber insurance.
It also covers the financial impact of the attack, including compensation to third parties and all costs necessary to limit the damage. A call center for keeping customers and suppliers informed of the situation may also be an expense.
Cyber insurance covers not only a company’s legal obligation to provide information, but also the cost of legal advice to assess the legal consequences of an attack, such as data protection and third party indemnification. The costs are enormous and difficult to estimate in advance. Having a certain level of IT protection in place within your company is a prerequisite for obtaining a cyber insurance policy. SASE infrastructure meets this requirement and then some.
How does the SASE approach protect against cyber-attacks?
A provider’s SASE model typically takes full advantage of its IT security infrastructure and implements cutting-edge technology to maximize protection against cybercrime. Required components include protection against phishing and full protection of cloud service credentials.
It also includes patch management, effective firewalls, and a zero-trust approach to identifying users working remotely or using mobile devices. In the SASE model, NAC (Network Access Control) determines which users can access a company’s data and under what conditions.
This is an important aspect that helps protect against phishing. Network segmentation and other complex security technologies are handled by SASE providers at no additional cost to enterprises. This gives us a high level of technical expertise and provides maximum security. With cyber insurance on your side, businesses can get the protection they need to fight the very cyber attacks of tomorrow.