They’re Not Hacking In, They’re Logging In: Ensure Your Insurability in the New Threat Landscape

The text highlights the evolving challenges in cybersecurity, emphasizing that traditional security strategies focused on building strong defenses are no longer sufficient, as attackers now prioritize accessing networks through compromised credentials rather than exploits. With 79% of attacks being malware-free, identity security has become a critical battleground where adversaries exploit misconfigurations, dormant accounts, and over-permissioned roles, directly affecting an organization's insurability and insurance premiums. The text advocates for a shift from authentication-focused security to authorization-focused security, where monitoring permissions and access rights is essential to mitigate risks associated with privileged access, non-human identities, third-party and supply chain interactions, and toxic combinations of permissions. Veza is presented as a solution that provides visibility and control over access permissions, helping organizations demonstrate a strong identity security posture to insurers and underwriters. This approach is crucial for meeting the demands of the cyber insurance market, which sees identity as the key determinant of insurability, requiring proactive management of identity risks with verifiable evidence to secure better coverage and optimize premiums.