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Beazley Security Enhances Cyber Risk Management through Expanded Availability of Security Posture Reports

Beazley Security, a leading integrated cyber risk management company wholly owned by Beazley Insurance, has announced important enhancements aimed at helping organizations manage cyber risks more effectively. The firm has made Security Posture Reports (SPRs) more readily available, enabling clients to identify vulnerabilities before an attack occurs. This initiative is a part of Beazley's broader strategy to enhance security resilience.

Understanding Security Posture Reports (SPRs)

The newly expanded availability of SPRs allows organizations to obtain a detailed view of their security conditions. By using a combination of automated discovery, passive scanning, and thorough analysis, the reports provide insightful information about externally exposed assets. Clients are informed about the state of their overall attack surface, highlighting key areas of risk such as exploited vulnerabilities, email security configurations, inadequate security certificates, and any high-risk software that could be targeted by cybercriminals.

The SPRs summarize an organization's security posture across four major categories, allowing for quick comprehension and facilitating immediate action. The report includes specific recommendations for addressing identified risks, ensuring clients can navigate potential vulnerabilities effectively.

Proven Technology Meets Immediate Needs

The framework supporting the SPR was initially developed in 2022 to assist during the application and renewal processes for cyber insurance. With its recent expansion, the technology now offers on-demand reports that feature both graphical and textual descriptions of recognized risks. This includes known exploited vulnerabilities, software at high risk, and expert recommendations for remediation.

According to Francisco Donoso, Chief Product and Technology Officer at Beazley Security, the firm has already generated over 26,000 SPRs since the expanded product strategy was launched earlier this year. The feedback underscores the reports' effectiveness in equipping clients with an actionable snapshot of their external exposure, helping them bolster their security measures and minimize their overall risk.

A Step Toward Comprehensive Cyber Resilience

The accessibility of Security Posture Reports is just the beginning of Beazley's expanded ambitions to provide advanced security products. Very soon, the company will introduce VERACIS™, a client portal for continuous Exposure Management. This innovative portal is currently in beta testing but promises to elevate the way organizations monitor and manage their security posture. It will offer real-time updates on threats and will help organizations make informed decisions to reduce risk.

Beginning early next year, this newly minted system will incorporate tailored risk reduction recommendations based on Beazley's extensive historical data. This data includes breach causes, incident responses, trends in cyber threats, and financial impacts of cyber incidents, providing an enhanced perspective for organizations looking to improve their defenses.

Donoso remarked that the launch of MXDR service, designed to deliver advanced cyber defenses, marked a significant shift toward proactive security. By combining this with continuous monitoring of clients' external attack surfaces, Beazley Security aims to enable organizations to mitigate risks before cyberattacks can occur.

Your Path to Proactive Security

For organizations eager to gain insights into their security readiness, requesting an SPR is a straightforward process. Interested clients can easily access the Security Posture Reports through the Beazley Security website. Additionally, companies looking to partner in the design of the Exposure Management platform are encouraged to express their interest during the SPR review.

About Beazley Security

Beazley Security remains devoted to enhancing cyber resilience by merging decades of cybersecurity expertise with the risk management capabilities of its parent company, Beazley. With operations spanning multiple countries—including the United States, Canada, the UK, Germany, France, Spain, and Singapore—Beazley Security is focused on delivering top-tier security solutions. For further information, visit the Beazley Security website or reach out via email.