WPS launches ‘telematics for cyber insurance’

Cyber risk

The Cyban App allows insurers to base a premium on the actual risk facing a company’s network, removing any reliance on outdated questionnaires

WPS Analytics has launched a new cyber insurance rating tool that it has likened to telematics for cyber insurance.

Scott Thomson, head of insurance at WPS, says the new tool, called Cyban, allows insurers to rate cyber insurance on the actual risks facing a company, rather than on the information provided by the company in response to the insurer’s question set.

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