Swiss Re Corporate Solutions joins forces with IBM Security to provide advanced cyber risk protection products and services to companies worldwide, aiming to help businesses defend themselves against increasingly sophisticated cyber attacks.
The IBM-Swiss Re Corporate Solutions agreement combines IBM’s knowledge of information technology security with underwriting from Swiss Re Corporate Solutions. IBM will assess clients’ external and internal vulnerabilities to cyber attacks, giving them options for implementing risk mitigation proposals, Swiss Re Corporate Solutions said in a statement.
IBM and Swiss Re Corporate Solutions are also exploring services to further enhance clients’ protection against cyber threats.
Francois Brisson, Swiss Re Corporate Solutions’ head of cyber technology, comments: “We aim to answer some of the most pressing questions of companies that seek cyber risk insurance – questions on unforeseen vulnerabilities, available protections, data monitoring techniques and more. Together with IBM, we not only analyze and assess our clients’ cyber risk exposure but also support them in dealing effectively with a security breach.”
Philip C. Kibler, IBM Security’s director of Global Alliances and Computer Security Incident Response Team, says: “As businesses evolve, vital assets that were once kept under lock and key now flow freely through the cloud and mobile devices, beyond the four walls of the enterprise. Companies today deploy solutions to secure this new perimeter, and also turn to forward thinking insurers such as Swiss Re Corporate Solutions to provide an extra layer of protection in the event an incident occurs.”
Source: Swiss Re Corporate Solutions
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