Apple company and Cisco announced this morning a new deal with insurer Allianz that will allow businesses with their technology products to receive better conditions on their cyber insurance coverage, including lower deductibles – and even no deductibles, in some cases. Allianz said it made the decision to provide these better terms after evaluating the technical first step toward Apple and Cisco’s products, like Cisco’s Ransomware Protection and Apple’s iPhone, iPad, and Mac.
Allianz discovered Apple and Cisco’s products offered businesses a “superior level of security, ” Apple said in its own statement about the new deal.
In particular, Cisco’s Ransomware Defense consists of advanced email security, endpoint protection, and malicious web page blocking which can protect an organization against malware, ransomware along with other cyber threats.
Meanwhile, the integration of hardware, software as well as services on iOS devices help to ensure that each component of the device is trusted, from booting up to installing a third-party application, explained Apple.
“Users benefit from always-on hardware encryption, along with support for secure networking protocols like Transport Coating Security (TLS) and VPN out of the box, ” the organization also noted.
The new cybersecurity insurance solution calls for Aon’s cybersecurity professionals assessing potential customers’ present cybersecurity situation and recommendations on how to improve their defense. And participating organizations will have access to Cisco and Aon’s Incident Response teams in the event of a malware attack.
“The selection of technology providers plays a critical role in any company’s protection against cyber attacks. That’s why, from the beginning, Apple has generated products from the ground up with security in mind, and one of the many explanations why businesses around the world are choosing our products to power their own enterprise, ” said Apple CEO Tim Cook, within a statement.
“iPhone, iPad, and Mac are the best tools with regard to work, offering the world’s best user experience and also the strongest security. We’re thrilled that insurance industry frontrunners recognize that Apple products provide superior cyber protection, which we have the opportunity to help make enhanced cyber insurance more accessible to the customers, ” he added.
In an interview with Reuters news agency, Aon’s chief exec Jason Hogg explained why this particular cybersecurity solution is different from others. Businesses today frequently address cybersecurity in a siloed fashion, he mentioned, with technology staff, legal and other departments all actively playing separate roles.
This solution is instead a more “holistic approach” to cybersecurity and coverage, Hogg told Reuters.
Cybersecurity is no small issue for today’s businesses, given the actual large-scale hacks companies like Equifax and Target possess faced. But addressing it properly could also come with an expense. According to Reuters, U. S. cybersecurity premiums were $1. 35 billion in 2016, according to the National Association associated with Insurance Commissioners.
For Apple and Cisco, the new offer could help them attract more enterprise customers to their items, potentially helping them to beat competitors to scoring these types of larger clients.
“At Cisco, security is foundational in order to everything we do. As the leading enterprise security organization, we know that in a digital world security must precede; come before, and our integrated security architecture reduces customers’ general risk of exposure to ransomware and malware attacks, ” explained Chuck Robbins, Chairman, and CEO, Cisco, in a declaration. “Cisco Security technology is central to the new alternative risk management solution and we are excited to bring another benefit to our customers with greater options for cyber insurance coverage. ”
No comments:
Post a Comment