Cyber Risk Is a Growing Threat to Financial Institutions

Cyber-attacks against financial institutions are an increasingly significant risk, Fitch Ratings says. Cyber risk is a growing threat that can adversely affect credit ratings as attacks can compromise customer data and disrupt websites, with detrimental financial or operational consequences for individual issuers and financial systems. Related reputational damage may weaken…

ThreatQuotient and Bandura Integrate to Simplify Threat Defense

ThreatQuotient™, a trusted threat intelligence platform innovator, today announced a strategic partnership with Bandura Systems® to enable security teams to manage and deploy threat defenses with greater effectiveness at a larger scale by combining Bandura’s PoliWall®, an inline appliance able to block millions of IP addresses, with ThreatQ’s contextualized threat…

Emy Donavan To Lead AGCS Cyber Insurance Business

Allianz Global Corporate & Specialty SE (AGCS) announced a change in its global cyber leadership team. Effective March 31, 2017, Emy R. Donavan will be promoted to Global Head of Cyber reporting to Bernard Poncin, Global Head of Financial Lines at AGCS. Ms. Donavan, who is currently Regional Head of…

Willis Towers Watson Launches Innovative New Cyber Product For Global Airlines

Willis Towers Watson has introduced CyFly, an innovative and flexible insurance solution specifically tailored to cover cyber exposure affecting the airline industry. The recent Willis Towers Watson Industry Risk Index identified failure of critical IT systems as the most significant risk facing the global aviation industry.
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Cybernance and Lockton Offer Cyber Insurance Risk Solution

Cybernance Corporation announced today collaboration with Lockton Companies, the world’s largest privately held, independent insurance broker. The collaboration will provide Lockton’s cyber insurance clients access to the Cybernance Platform for cyber risk assessment and management. The solution is immediately available to all Lockton clients.
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BitSight Closes 2016 with 160% Customer Growth and the World’s Largest Security Rating Ecosystem

BitSight, the Standard in Security Ratings, today announced its key 2016 milestones, demonstrating substantial growth and clear market leadership. Momentum can be attributed to the complete solution that BitSight offers: trustworthiness of BitSight’s objective and verifiable Security Ratings, the time-tested reputation that BitSight has built over the last six years…
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