Cyber insurance provider Measured Analytics and Insurance has announced a strategic partnership with exposure management company Tenable.
To effectively protect against cyber risk, small and medium-sized businesses need to understand and quantify the threat vectors that criminals utilize to launch ransomware and other cyberattacks. Over the past year, 68% of ransomware attacks were attributed to ineffective or misconfigured vulnerability and patch-management controls, Measured said.
The partnership with Tenable will allow customers to understand, mitigate and manage their cyber risk.
“We have worked closely with Tenable’s security and product leaders in the development of Tenable’s Cyber Insurance Report that helps customers understand their cyber exposure,” said Jack Vines, CEO of Measured. “Strategic partnerships that deliver data-driven insights and fortify the security posture of customers are the future of cyber insurance. Measured is built to protect and insure the next generation of digital risk, and we are proud to partner with an industry leader such as Tenable.”
The addition of Tenable data to Measured’s cyber risk analytics will also enable faster and more accurate underwriting, better transparency on security, and potential savings for customers.
Read next: Measured expands insurance team with new hires
“We’ve long recognized that data from inside a customer’s defense perimeter is valuable for cyber underwriting,” said Vince McCarthy, president of Measured. “By integrating such data with our own proprietary data sets and analytics, we’re able to demonstrate value for our technology and broker partners, as well as our own customers. A transparently safer environment benefits all players in the Measured cyber ecosystem.”
Measured continues to grow. In May of 2022, it appointed Nick Little as head of insurance. In February of 2022, it announced a partnership with software firm Relativity6.
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