Internet Security Systems, Inc., a provider of information protection solutions, has announced a joint program in conjunction with Marsh Inc., designed to aid companies in expanding their risk management strategies to include online exposures.
“This program will help clients qualify for state-of-the-art cyber-risk insurance and provide them with a robust risk mitigation solution,” Hank Whiting, a managing director of Marsh, commented.
By contracting with Internet Security Systems for its Secure Steps(TM) offering of managed security services, companies can pre-qualify for cyber-risk insurance. The program helps protect an organization’s intangible assets and mitigate potential liability that could result from a security breach in a company’s network.
Additional benefits of the program include:
An expedited qualification process
Online application through a dedicated web site
Premium discounts of up to 25 percent for companies who qualify
24×7 comprehensive security monitoring and response Internet Security Systems’ Secure Steps program is composed of select
Internet Security Systems’ managed security services, bundling managed firewall, intrusion detection and antivirus services together with emergency response services, to provide customers with 24×7 protection and a lowered total cost of ownership. Internet Security Systems designed this program specifically to provide the opportunity for its customers to contract with Marsh for cyber-risk insurance. ISS’ managed security services customers, and customers of ISS’ reseller partners that meet the program requirements, are pre-qualified for the insurance, which will be underwritten by either AIG eBusiness Risk Solutions — a division of American International Companies — or Zurich North America.
Ty R. Sagalow, COO of AIG ebusiness Risk Solutions, added, “The characteristics that compel companies to embrace the Internet are the same characteristics that create new potential liabilities and exposure to financial losses. This program and the AIG netAdvantage Suite(SM) of insurance will assist the insured in the early identification, risk management and financial loss transfer for the risks of cyberspace. It will provide a comprehensive loss prevention and cyber-insurance package to protect the company’s bottom line.”
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