Cybersecurity Insurance Penetration Testing
Penetration testing to accurately assess, mitigate, and manage cyber risk
Substantial reduction in cyber risk
Actuarial data is at the heart of the insurance industry and for good reason: Working with large sample populations, insurers can accurately determine the likelihood and severity of a covered event and set rates accordingly.
That’s why many cybersecurity insurance companies and underwriters are requiring penetration tests before writing policies. The security questionnaires they include may seem like check-the-box forms, however, the intention is to help organizations realize the need to identify their vulnerabilities and remediate to reduce risk.
Raxis helps cyber insurers and companies seeking coverage
While no system is perfect, an organization that does frequent penetration testing is still substantially less likely to get breached. Pentesting helps reduce the attack surface that is visible to outsiders, leaving limited opportunities for attackers to leverage.
Raxis finds actual vulnerabilities
Raxis uses the same tactics and technology as real-world hackers. Our team also includes certified engineers with diverse backgrounds, who not only understand how to gain unauthorized access to your network, but who also know what types of data are potentially valuable to hackers — and why. Raxis takes away the guesswork and shows you exactly which assets are at risk within the company being tested.
Clear, actionable remediation steps
After finding vulnerabilities, Raxis prepares a clear and comprehensive report, including storyboards, that explains vulnerabilities uncovered and the steps necessary for remediation. Our team members are available to discuss findings and answer questions from the company or its designee. Retesting is also available to verify the issues have been remediated properly.
Assuring issues are corrected
If the reported vulnerabilities are found to be remediated when retested, Raxis will provide an attestation letter to that effect without including details about specific findings. That letter is your assurance that a well-qualified team of professional, ethical hackers has tested the subject company and that any issues found were corrected, making the company a much more difficult target.
Continuous monitoring and on-demand testing
Raxis offers managed penetration testing — our Penetration Testing as a Service (PTaaS) — for companies that want ongoing security. Our service employs automation to surface any changes from an annual baseline pentest. When such changes are discovered, human engineers review to first rule out false positive findings. If a real issue is found, a certified Raxis pentester will perform a manual test to determine the severity of the vulnerability and notify the customer.