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Insurance Cyber Risk Assessment Checklist

Protect your insurance business from evolving cyber threats. This comprehensive checklist guides you through assessing and mitigating cyber risks, ensuring data security and regulatory compliance. Download now for a proactive defense!

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Data Inventory & Classification

1 of 10

Identify and categorize sensitive data assets, including personally identifiable information (PII), financial data, and confidential business information.

Description of Data Type (e.g., PII, Financial, Medical)

Data Sensitivity Level (Confidential, Internal, Public)

Approximate Record Count

Data Retention Policy Applied

Data Location (Specific System or Database)

Data Categories (Select all that apply)

Last Data Classification Review Date

Network Security Controls

2 of 10

Evaluate firewalls, intrusion detection/prevention systems (IDS/IPS), VPNs, and other network security measures.

Firewall Rule Count

Firewall Vendor

Enabled Security Features (IDS/IPS)

Last Intrusion Detection System (IDS) Signature Update

VPN Type

Number of VPN Connections

Endpoint Security

3 of 10

Assess antivirus/anti-malware protection, device encryption, and mobile device management (MDM).

Antivirus Software Installed?

Last Antivirus Scan Date (Days)

Endpoint Detection & Response (EDR) Deployed?

Last Patch Management Date

Full Disk Encryption Enabled?

Endpoint Security Controls Implemented (Select all that apply)

Application Security

4 of 10

Review secure coding practices, vulnerability scanning, and penetration testing of applications.

Secure Coding Practices Implemented?

Last Vulnerability Scan Score (0-100, 100 being best)

Which Vulnerability Scanning Tools are Used?

Date of Last Penetration Test

Is a Web Application Firewall (WAF) in Place?

Describe any identified vulnerabilities and remediation efforts.

Third-Party Risk Management

5 of 10

Evaluate the cybersecurity posture of vendors and service providers who handle insurance data.

Vendor Risk Tier Assessment

Last Vendor Risk Assessment Date

Security Standards/Frameworks Used by Vendor

Number of Active Users (Vendor)

Vendor Security Questionnaire Responses

Vendor Audit Frequency

Incident Response Planning

6 of 10

Assess the readiness of incident response plans, including data breach notification procedures.

Incident Response Plan Document Location

Primary Contact Role (Incident Commander)

Secondary Contact Role (Communications)

Last Incident Response Plan Review Date

Estimated Time to Contain Incident (Hours)

Stakeholders to Notify (Check all that apply)

Briefly Describe Initial Containment Steps

Employee Training & Awareness

7 of 10

Verify that employees receive regular cybersecurity training and are aware of phishing scams and other threats.

Most Recent Training Completion Date

Training Topics Covered (Select All That Apply)

Average Score on Cybersecurity Quiz

Feedback on Training Program

Date of Next Scheduled Training Session

Data Backup & Recovery

8 of 10

Check the effectiveness of data backup and recovery procedures to ensure business continuity.

Frequency of Full Backups (Days)

Frequency of Incremental/Differential Backups (Hours)

Backup Storage Location (Onsite/Offsite/Cloud)

Last Successful Full Backup Date

Description of Backup Software Used

Retention Policy (How long backups are kept)

Last Backup Verification Report

Cloud Security

9 of 10

Review security configurations and controls for cloud-based infrastructure and applications.

Cloud Provider Security Certifications

Encryption at Rest Strength (bits)

Multi-Factor Authentication (MFA) Status

Cloud Security Group Configuration Details

Last Cloud Security Audit Date

Cloud Security Tools Deployed

Compliance & Legal Requirements

10 of 10

Ensure adherence to relevant regulations, such as GDPR, CCPA, and state-specific data breach laws.

Applicable Regulations (e.g., GDPR, CCPA, State Laws)

Specific Legal Requirements Addressed

Last Compliance Assessment Date

Number of Data Subject Access Requests (DSARs) Received in Last Year

Data Breach Notification Threshold (Specify Legal Requirement)

Documentation of Compliance Efforts

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