Cyber

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Identify, understand, and manage cyber risks

Digitalization brings new risks: Companies are increasingly confronted with complex cyber risks. Many are already using software solutions to counter this risk – but the targeted use of this data often remains unused.

Our Approach:
Simple, standardized, understandable

FRIDA follows a simple, practical and standardized consulting approach to minimizing cyber risks. The focus is on a domain check, which is made possible by our members – specialized assistance tool providers.

‍As part of an outside-in scan, the customer's web address is checked for up to four defined criteria (data points). The results are made available to the insurance intermediary and serve as a basis for further advice.

Added value for insurance intermediaries:

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Easy start to cyber risk advice

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Comprehensible presentation of complex risks for customers

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Strengthening safety awareness through specific recommendations for action

Outlook: Cyber Rating & more

In addition to the domain check, there are many other possible applications. A particularly relevant use case is the development of a standardized cyber rating, which enables companies to transparently classify their security situation and enables insurers to calculate premiums more transparently.

Considerations for further use cases are already under development – always with the aim of managing cyber risks in a simpler, more understandable and more effective way.

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