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Cisco, Apple, Aon, & Allianz launch new cyber cover for businesses

February 06, 2018

Cisco, Apple, Aon and Allianz have teamed up to launch a cyber risk management solution for businesses, combining cyber resilience evaluation services from Aon, secure technology from Cisco and Apple, and options for enhanced cyber insurance coverage from Allianz.

The new solution is designed to help a wider range of organisations better manage and protect themselves from cyber risk associated with ransomware and other malware-related threats, which are among the most common threats faced by organisations today.

The new solution covers the primary dimensions of cyber protection for businesses. The key elements of the offering include; cyber resilience evaluation, cyber insurance, Cisco Ransomware Defense, Apple products and incident response services. 

Aon cyber security professionals will assess interested customers’ cyber security posture and recommend ways to help improve their cyber security defences.

The cyber insurance coverage is underwritten by Allianz Global Corporate & Specialty (ACGS). 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.

Enhancements include market-leading policy coverage terms and conditions, including potentially qualifying for lower, or even no, deductibles in certain cases. Cisco Ransomware Defense leverages industry leading threat intelligence from Cisco Talos to see threats once, and block them everywhere. The solution includes advanced email security, next-generation endpoint protection and cloud-delivered malicious internet site blocking, to strengthen an organisation’s defences against malware, ransomware and other cyber threats. 

Organisations will have access to Cisco and Aon’s incident response teams in the event of a malware attack.

Jason Hogg, CEO of Aon Cyber Solutions remarked: “Ransomware is an evolving risk that impacts every level of an enterprise. Organisations urgently need to be managing these risks from both the technical and the financial perspective,”

“This holistic solution provides our clients with an integrated approach to addressing ransomware risk. We can provide customers with guidance on what cyber defences, resources and processes to deploy to improve their cyber posture. It’s the improved cyber posture that makes them eligible for enhanced/broader cyber insurance protection.”

AGCS North America president and CEO Bill Scaldaferri commented: “Proactive analysis coupled with the latest technology creates an ideal defence against today’s ever-changing ransomware and malware attacks,”

“This strategic alliance with Aon, Apple and Cisco allows us to provide a unique solution to companies using this integrated platform to manage risk and ultimately strengthen their battle against high-profile threats.”