Cybersecurity is no longer an issue exclusive to large corporations or technology companies. Any organization, regardless of its size, can be the target of an attack. Cyber insurance has ceased to be an unknown concept and has become an essential tool in business risk management.
However, taking out cyber insurance isn’t as simple as signing a policy and forgetting about it. There are several aspects worth analyzing before taking the plunge, and not all coverages are equally suited to each company’s needs.
In this context, Enthec’s Continuous Threat Exposure Management (CTEM) solution, Kartos, is beneficial. Kartos enables companies to consistently identify their actual vulnerabilities and how they are perceived externally, providing an accurate representation of their exposure. In addition to helping protect organizations themselves, this tool is also used by insurers to assess the viability and terms of cyber insurance policies, making it a strategic ally for both companies and insurance companies.
What is cyber insurance, and why is it booming?
Cyber insurance is a policy that protects organizations against damages arising from cybersecurity incidents.. Unlike traditional insurance, it does not cover fire, physical theft, or material damage, but rather situations such as:
- Ransomware attacks that paralyze activity.
- Data leaks of sensitive information about customers or employees.
- Digital identity theft that affects a company’s reputation.
- Legal expenses and penalties arising from non-compliance with regulations such as the GDPR.
Interest in this type of insurance has increased in recent years for one apparent reason: The frequency and average cost of cyberattacks have skyrocketed. . According to the Allianz Risk Barometer 2025 report, 38% of European companies consider cybercrime to be the most significant risk to their business, surpassing concerns about supply chain disruptions or natural disasters.
Keys to keep in mind before purchasing cyber insurance
Not all companies need the same policy, nor do all insurers offer the same coverage. Before signing, it’s a good idea to review some key points:
1. Actual level of risk exposure
Cyber insurance is no substitute for preventive measures. In fact, most insurers thoroughly review an organization’s cybersecurity status before accepting a policy. Tools like Kartos are crucial here, as they provide objective data to demonstrate a company’s exposure and how it is managed.
2. Scope of coverage
Not all policies include the same things. It’s essential to check if the following are covered:
- System recovery costs.
- Expenses arising from reporting incidents.
- Legal assistance in case of sanctions.
- Compensation for loss of profits.
Cyber insurance for businesses must be tailored to the sector in which they operate, as a technology company is not the same as a law firm or a logistics SME.
3. Exclusions and limitations
It’s a good idea to read the fine print. Some insurers exclude damage caused by employees, incidents resulting from poor security practices, or state-directed attacks. Evaluating these limitations is essential to avoid surprises when coverage is genuinely needed.
4. Prerequisites
Many insurers require the implementation of basic cybersecurity measures: backups, contingency plans, employee training, or data encryption. Kartos can be a strategic ally in meeting these requirements and maintaining them over time, as it continuously monitors the organization’s security.
Kartos’ role in cyber insurance contracting
In addition to its primary function as a cyber surveillance and CTEM tool, Kartos brings added value to the insurance sector . by providing an accurate view of an organization’s digital security status, making it easier for both organizations and insurers to assess risks.
- For companies: helps identify weak points before negotiating the policy, which can translate into better terms and tighter premiums.
- For insurers: it becomes a reliable instrument for measuring your clients’ exposure and deciding the scope of coverage.
In short, having a solution like Kartos not only strengthens protection against cyberattacks but also facilitates access to cyber insurance tailored to the unique needs of each organization.
Cyber insurance and regulatory compliance
Another aspect to consider is the relationship between cyber insurance and legal obligations. The General Data Protection Regulation (GDPR) establishes very high penalties in case of escape or misuse of personal data.. Although cyber insurance may cover some of these penalties or associated legal expenses, the policy does not exempt the company from liability.
Here again, prevention is key. Implementing solutions, such as continuous risk management, as those offered by Enthec, is the best guarantee for minimizing the impact of an incident and demonstrating due diligence to regulatory bodies.
Cyber insurance for companies vs. cyber insurance for individuals
Although the term is usually associated with the corporate sphere, there is also the figure of cyber insurance for individuals.. In this case, the policies focus on protecting digital identity, preventing fraud in online purchases, or covering losses resulting from password theft.
From Enthec, the solution Qondar is designed explicitly for this profile, offering active monitoring of each person’s digital footprint. In this way, the user has an additional layer of security that complements what individual insurance can offer.
Cyber insurance has become an essential cybersecurity tool for managing risk in the digital environment. However, it’s not enough to take out the first available policy. Before deciding, it’s essential to assess your actual exposure, review coverage, understand limitations, and, above all, have objective data that support the company’s situation.
This is where Kartos, Enthec’s solution, becomes a strategic ally. Its ability to continuously monitor digital security not only strengthens the organization’s protection but also facilitates access to more precise and reliable cyber insurance.
In a world where cybercrime is growing at an unstoppable pace, the combination of active prevention and cyber insurance is the best strategy to sleep peacefully.
Do you want to know how Kartos can help you protect your business and make it easier to purchase your cyber insurance? Contact Enthec and take the first step towards stronger and more transparent digital security.