Where Cyber, Legal, and Insurance Converge
Markets We Serve
HEMISPHERE supports the insurance sector through enabling new risk measurement capabilities that improve data quality. HEMISPHERE is launching an online cyber risk exam to help carriers determine premiums for cyber coverages.
All government contractors supporting the U.S. Department of Defense now must demonstrate compliance with 110 unique controls and demonstrate how the contractor will address material weaknesses when identified. Similar requirements are scheduled later in 2017 by all federal civil agencies.
Recent studies show 43% of all cyber-attacks specifically target small businesses. In 2015, over 62% of all cyber claims made to insurance carriers stem from small businesses. When a small business sustains a breach, over 60% go out of business.