Silverfort Cyber Insurance: Protection & MFA Solutions

Today, with so much of our lives being digital. Businesses need to protect their online information from hackers. A method to do this with special insurance called cyber insurance. This insurance helps a company pay for the costs. if they get hacked or if their information is stolen. We will talk about the SilverFort cyber insurance in this article.

Companies are now looking at their computer security and their insurance plans. Cyberattacks are getting more complicated, and there are new rules to follow. The text you provided talks about a company called Silverfort and how its products help businesses get and keep cyber insurance.

Important Points

• Cyber Insurance is Key: Businesses need cyber insurance to protect themselves from things like data theft and hacking.
• It’s for Money: If a company is attacked, cyber insurance, like a plan that includes it, can give them money to help with the costs.
• Protection is a Must: Any good cyber insurance plan will require strong security for a company’s computer network.
• It’s Expensive to Get Hacked: A good cyber insurance plan can save a business from the huge financial costs of a cyberattack.
• Silverfort Helps Get Insurance: For businesses using its’s security products, they might get better insurance deals, lower prices, and have fewer reasons to make a claim.

What Is Silverfort?

Silverfort is not an insurance company. It’s a company that sells computer security tools. They help protect who can access a company’s computers and information. This is very important today. Because insurance companies are being very strict, especially about checking the identity of people using a company’s computer systems.

Many insurance companies won’t give or renew a policy unless a business can prove. It has good security in place, like using MFA (Multi-Factor Authentication) and protecting special accounts.

Key Features of Silverfort Cyber Insurance

It’s core features show why it is different in the identity security market. The company’s platform is built to give complete protection to all of a business’s digital systems. It focuses on easy setup and stopping threats as they happen.

Here are the key features of Silverfort:

Agentless and Proxyless Architecture

 This is Silverfort’s most important difference. Unlike many old-style security tools, it does not need installing software (agents) on server. This makes setup quick, smooth. It allows the platform to protect systems that are hard or impossible to change. Protect from such as old applications, IT systems, and even command-line tools.

Universal Multi-Factor Authentication (MFA)

 Silverfort brings MFA to almost any user, resource, or system. Even if it does not support it on its own. This is very important for meeting cyber insurance needs. It stops attacks that steal passwords. It can apply MFA on old apps, RDP, PowerShell, file shares, and even in on-site systems.

Non-Human Identity (NHI) Protection

Silverfort gives clear visibility and control over non-human identities. Such as service accounts, scripts, and machine-to-machine links. These are usually ignored by normal security tools. But are often attacked by hackers to move through a network. It can find, watch, and set rules for these accounts.

Identity Threat Detection and Response (ITDR)

The platform keeps watching all login and access attempts across the whole network. With the help of artificial intelligence, it tells about unusual activity. When a danger is found, it can act right away by blocking the bad login attempt. It stops the attack from spreading and becoming worse.

Cyber Insurance Compliance

Silverfort is built to help companies meet the tough security rules of cyber insurance providers. By giving universal MFA and full identity protection, it makes it easier to qualify for a policy. It can also help businesses get better prices.

Centralized Visibility

This tool gives one clear and unified view of all user and machine login activity. This central dashboard helps security teams easily manage rules. It checks for dangers, and act on incidents across on-site, cloud, and mixed environments.

Silverfort MFA for Cyber Insurance Coverage

Insurers now view MFA as a non-negotiable security control. Because it is one of the most effective ways to prevent credential-based attacks, like phishing and ransomware. A strong MFA policy significantly reduces the risk of a breach.

It makes a business a more attractive and lower-risk client for an insurance company. Most cyber insurance policies now require MFA on all administrative accounts. They need it for all remote access points, from VPNs to cloud applications.

How Silverfort’s MFA Helps with Cyber Insurance?

It helps businesses get cyber insurance by making sure MFA is on every part of their computer network. It is what insurers want to see.

• Covers Everything: Traditional security tools can’t put MFA on old computer systems They special service accounts, or the computers that run your company. Silverfort’s special technology works everywhere without needing to install new software on each device. This helps you meet all the security rules on the insurance company’s list.
• Protects Hidden Accounts: Hackers often go after special accounts that don’t belong to a person. Like those used for scripts or machines. These “non-human” accounts are often left unprotected. It finds and secures them, closing a major gap that hackers use to get in.
• Easier to Show You’re Safe: It gives you one easy-to-read report showing that your whole network is protected. This makes the process of applying for or renewing your insurance policy much simpler because you have clear proof of your security.
• Saves Money: By having a strong security setup that stops attacks before they happen. Your company looks less risky to insurers. This can lead to getting a policy with better terms. It potentially paying less for your cyber insurance.

Silverfort Cyber Insurance Claims (How does Silverfort Work?)

It claims that it will help you in cyber security system. The working of this tool is given below:

1. Protects All Systems: It has a special tool that adds an extra layer of security (like a second password) to all of a company’s computer systems, even old ones. It does this without needing to install new software on every single computer.
2. Helps with Insurance Rules: Insurance companies are now demanding proof that businesses are using the best security practices. For example, they might say you must use MFA everywhere. It helps companies quickly meet these security rules so they can get or renew their insurance without any problems.
3. Works with Insurance Companies: It works with big insurance companies. By making their clients’ security stronger, they make them a lower risk, which makes it easier for them to get insurance. Sometimes, it even helps them get lower prices.
4. Stops Attacks Before They Start: It doesn’t pay for damages like an insurance company. Instead, it acts like an “insurance policy” by stopping attacks from happening in the first place. Good security protects a company’s data and reduces the chance that they will ever need to file an insurance claim.

In short, Silverfort connects computer security with cyber insurance. It provides the security tools that insurance companies want to see. It helps businesses qualify for insurance while also making them safer from online attacks.

Silverfort Benefits

Silverfort’s benefits come from its special way of keeping a company’s computer systems safe. It helps businesses by making security both stronger and easier to control.

Secures Everything: It adds extra protection, like a second password, to all systems, even old ones that other tools cannot keep safe.

Simple Setup: You do not need to put any software on single computers, which makes it quick and simple to start using.

Stops Attacks in Real-Time: It uses smart tools to find and block attacks while they are happening, so they cannot spread.

Helps with Insurance: It helps companies follow the strict safety rules. That are needed for cyber insurance, which can also reduce their costs.

Better User Experience: It only asks users for extra safety steps when needed, so it does not disturb their work.

Protects Hidden Accounts: It can find and protect special service accounts that hackers. Often target because they are not checked often.

Centralizes Everything: It gives security teams one clear view of all access across a company’s network. It makes it easier to control and respond to dangers.

Silverfort Pricing

Silverfort does not have a public price list on its website. They use a special pricing plan that changes for each business.

• You Have to Ask: To know the price, a business must contact Silverfort and ask for a price quote.
• Price Depends on Company Size: The cost is based on how big the company. Like how many people will use the software, and what security features they need.
• No Free Version: Silverfort does not have a free version of its software. but it does offer a free trial so companies can try it out first. 🆓

• Example Price:UK government in 2024 showed that the price for the main Silverfort software could be about £636 for each user, for one year. It also showed a price of about £220 per user for just the MFA (Multi-Factor Authentication) part of the software.

Keep in mind, these example prices are just from one document and may be different for other companies. The final price depends on the specific services a business wants.

Conclusion

Silverfort is an important security company that helps businesses with the tricky rules of cyber insurance. It offers a single system to protect user logins and data, which is exactly what insurance companies want. Because it’s technology doesn’t need to install software everywhere. It can protect all systems, even old ones that are usually hard to secure. It also protects special accounts used by machines and programs, which hackers often target.

Commonly Asked Questions

What Is Silverfort?

Silverfort is not an insurance company. It’s a company that sells computer security tools. They help protect who can access a company’s computers and information

What are the Silverfort Benefits?

• Secures Everything
• Simple Setup
• Stops Attacks in Real-Time
• Helps with Insurance
• Better User Experience
• Protects Hidden Accounts

How does Silverfort prevent ransomware?

It stops the ransomware from spreading by using Silverfort Multi Factor Authentication (MFA). It tells about the new threats and block attackers that are spying on systems.

How to contact the Silverfort support?

You can send a message at their business emails support@silverfort.com