BIZOPS-21 Cyber Insurance

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What is BIZOPS-21 Cyber Insurance Control?

The BIZOPS-21 Cyber insurance control talks about protecting your organization in the event of a data breach or other impact that negatively affects it.

There is no formal amount that is required other than proof of a policy. Each organization must contact insurance companies and provide the necessary information. A premium will be established based on the provided documents.

Available tools in the marketplace

No tool recommendation is made for this section

Available templates

TrustCloud has a curated list of templates, internally or externally sourced, to help you get started. Click on the link for a downloadable version.

Control implementation

To implement this control,

  • Shop for a cyber insurance policy.

What evidence do auditors look for?

Most auditors, at a minimum, are looking for the below-suggested action:

  1. Provide the most recent cyber insurance certificate showing the coverage.

Evidence example

For the suggested action, an example is provided below:

  1. Provide the most recent cyber insurance certificate showing the coverage.
    The following screenshot shows TrustCloud’s cyber insurance example, showing the insurer’s name, the coverage details, and the coverage period.
    BIZOPS 21 Cyber Insurance 01

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