By moiz ahmed 
In the modern world of digital technology, the idea of locking your doors isn’t enough. Cyber threats are everywhere, from data breaches to ransomware–and they don’t care whether you’re an entrepreneur or a large company. This is why more companies are using cybersecurity insurance to provide a security net.
However, here’s the problem: purchasing cybersecurity insurance isn’t as simple as filling in a form. Insurance companies require evidence that you’re committed to cybersecurity. One of the most crucial needs is Multi-Factor Authentication (MFA).
This is precisely the point at which Silverfort is in the spotlight.
What Is Cyber Insurance Coverage Silverfort?
Let’s take it apart.
Cyber insurance can help cover losses incurred from cyber attacks such as data breaches, ransomware or business interruption. However, to be eligible for this insurance and maintain your rates at a low level, insurance companies require proof that your system is secured.
Then, you can try Silverfort, the security platform that helps strengthen your authentication system. In simple phrases, Silverfort helps make sure only authorised users can gain access to your systems by using the MFA and real-time monitoring along with adaptable access restrictions.
💥 Why Cyber Threats Are a Big Deal
Let me tell you a quick story.
In the past year, a mid-sized accounting firm located in Texas was struck by a ransomware attack. Their backups didn’t work. Hackers had locked them out of all systems they could access and demanded $80,000. They thought that their cyberinsurance could save them, but the insurance company denied their claim.
Why? They did not use MFA on their older applications as the insurance policy required.
This is more frequent than you think.
🛡️ How Silverfort Helps You Qualify for Cyber Insurance
This is what it is that makes Silverfort distinctive:
- It can be integrated directly into your existing systems, including LDAP and Active Directory (AD).
- It allows MFA to be used on older systems, including those which didn’t have it prior.
- It tracks access patterns in real time and helps identify unusual or dangerous behaviour.
Insurance companies love insurance companies love this. They consider it a proactive strategy to reduce risk, which could reduce the cost of your insurance.
🧱 But There’s a Limitation: Silverfort Needs AD or LDAP
This is the problem: Silverfort only works best if your apps are connected with Active Directory (AD) or LDAP. It’s fine for most businesses, but if you’ve old apps that do not use AD, Silverfort may not be able to protect them.
What happens if you’ve got apps that aren’t part of the ecosystem? That’s why you should consider alternatives such as Datawiza Access Proxy that works in the absence of AD/LDAP and offers MFA security.
✅ Step-by-Step: Getting Cyber Insurance with Silverfort
Let’s make this simple to follow.
Step 1: Assess Your Systems
- Find all platforms, apps and systems that are in use.
- Make sure you highlight which of them are linked in Active Directory.
Step 2: Check Your Insurance Requirements
- Check out the checklist of your insurance company.
- Check if the MFA is obligatory at each access point.
Step 3: Deploy Silverfort
- Integrate AD with AD.
- Release MFA to all compatible systems.
- Monitor user access behaviour.
Step 4: Patch the Gaps
- To use those who do not have AD systems, you can consider a Silverfort alternative such as Datawiza.
Step 5: Generate Reports
- Use Silverfort’s tools to make audit records.
- Make sure to share them with your insurance provider for renewals or reviews.
⚖️ Comparison: Silverfort vs Datawiza
| Feature | Silverfort | Datawiza |
|---|---|---|
| LDAP/AD Dependency | Required | Not necessary |
| MFA for Legacy Apps | Only for apps with AD connectivity | It works with any protocol |
| Code Needed | Minimal (AD configuration required) | No-code deployment |
| Insurance Readiness | Superb for AD environments | Strong across all types of apps |
| Deployment Speed | Moderate | Fast |
💡 Anecdote: One CIO’s Story
Maria, the CIO for a healthcare firm, shared with us about how she struggled to meet the cyber insurer’s requirements. They demanded MFA for every system; however, many of her old applications did not support modern authentication.
“We had Silverfort,” she explained, “but it couldn’t cover our old patient portal.”
She also added Datawiza to the non-AD systems and provided her new security documentation. Not only was her policy endorsed and her premium approved, but it also decreased by 12 cent because of full MFA protection.
🌍 Real-World Compliance Benefits
Utilising Silverfort can help you adhere to the most important regulations, such as:
These aren’t just boxes to check. They aid in avoiding fines from regulatory authorities, lawsuits and embarrassment in public.
🛠️ Bonus: Features That Help Your Business
Here’s the reason Silverfort will be more than a checkbox for insurance:
- unified Policy Management Control access policy on all systems from a single central location.
- Real-Time Risk Detection: Identify suspicious logins immediately.
- Granular Access Controls Set rules based on the location of the device and behaviour.
These options make your system much more difficult to break into–and that’s good for all.
🧩 When to Consider Alternatives
Silverfort works an excellent choice for AD-based systems, but if you:
- Your systems do not use LDAP/AD.
- Are you looking for a code-free solution?
- You need faster deployment.
…then you must consider other options such as Datawiza.
🔁 Future-Proof Your Security
Cyber-attacks haven’t stopped growing. As new methods of attack develop as they do, your authentication methods have to evolve, too. Thanks to the adaptive security of Silverfort, the systems are one step ahead by automatically changing the security level according to user behaviour.
Consider it this way You wouldn’t want to use an old phone that was five years old with modern applications. So why would you choose to use an outdated security to protect yourself from today’s dangers?
🧠 FAQs About Cyber Insurance Coverage Silverfort
Q: Do I require an MFA in order to qualify to purchase cyber insurance?
A: In the majority of cases, the answer is yes. Numerous insurers are now requiring it for all of their critical systems.
Q: Could Silverfort assist in reducing my cyber insurance costs?
A: Yes. Through reducing your risk profile, Silverfort could provide better terms on your insurance or lower rates.
A: What happens if my apps aren’t linked with AD?
Answer: Silverfort won’t be a good choice for these; however, Datawiza could be an excellent option.
A: Is Silverfort difficult to install?
A: It’s integrated into the Active Directory, which means that setup is relatively simple for IT professionals.
Q: Does this only apply to large companies?
A: Not at all. Silverfort can scale from small teams up to massive corporations.
🎯 Final Thoughts: Why Silverfort is a Smart Move
Cyber insurance is no longer a requirement, and neither is multi-factor authentication.
When you use Silverfort, you’re doing more than just checking boxes. You’re:
- Your business is protected from actual threats.
- The meeting of the requirements of insurance.
- Create tranquillity for your employees and your clients.
If you’re determined about cyber insurance, Silverfort is the partner which makes you safer as well as more compliant and more assured.
Just like the US Navy relies on high-speed internet and strong cybersecurity to protect its missions, your business needs tools like Silverfort to stay safe and connected in a world full of online threats.