Cisco, Apple, Aon, Allianz Introduce a First in Cyber Risk Management
Cisco, Apple, Aon and Allianz announced a new cyber risk management solution for businesses , comprised of (1) cyber resilience evaluation services, (2) technology from Cisco and Apple, and (3) options for enhanced cyber insurance coverage from Allianz.
“The choice of technology providers plays a critical role in any company’s defense against cyber attacks. That’s why, from the beginning, Apple has built products from the ground up with security in mind, and one of the many reasons why businesses around the world are choosing our products to power their enterprise. iPhone, iPad and Mac are the best tools for work, offering the world’s best user experience and the strongest security. We’re thrilled that insurance industry leaders recognize that Apple products provide superior cyber protection, and that we have the opportunity to help make enhanced cyber insurance more accessible to our customers” – Apple’s CEO Tim Cook.
The new solution is designed to help a wider range of organizations better manage and protect themselves from cyber risk associated with ransomware and other malware-related threats, which are the most common threats faced by organizations today.
Cyber security risk is growing. Losses from cyber threats are outpacing investment in IT security. This fact, combined with low adoption of cyber insurance, an active adversary, a fragmented security technology market and a security skills shortage, means it is difficult for many organizations to understand and manage this risk effectively. The new solution covers the primary dimensions of cyber protection for businesses. The key elements of the offering include:
- Cyber Resilience Evaluation: Aon cyber security professionals will assess interested customers’ cyber security posture and recommend ways to help improve their cyber security defenses.
- Cyber Insurance: Allianz evaluated the Cisco and Apple technical foundation of the solution and determined that customers using Cisco Ransomware Defense, and/or qualified Apple products can be eligible for the Allianz-developed enhanced cyber insurance offering, acknowledging the superior level of security afforded to businesses by Cisco and Apple technology.
- Incident Response Services: Organizations will have access to Cisco and Aon’s Incident Response teams in the event of a malware attack.
The new solution is available here.
PS. Allianz Global Corporate & Specialty recently partnered with cyber insurance startup Zeguro.
