Atlas VPN cybersecurity experts: The cost of a breach caused by malware last year was 4% more than an average malicious aggression.
Cisco, Apple, Aon, and Allianz develop a new tool together to fight cybercrime
Cisco, Apple, Aon, and Allianz have made an alliance against ransomware and malware. They announced a new integrated solution to protect businesses from cyber threats, especially coming from cybercrime. The tool combines technology from Cisco and Apple, cyber resilience evaluation from Aon, and cyber insurance from Allianz. As Cisco blog reported, “ it is comprised of cyber evaluations, holistic security technologies, secure devices, security services and enhanced cyber insurance coverage that all work together to strengthen a customer’s security posture”. Organizations with this more effective security posture become more insurable and can qualify for more robust cyber insurance coverage than what generally exists today. This has numerous enhancements with just a couple of them being lower or waived deductibles and coverage for business income loss due to a cybersecurity event. This offering will be available for US-based companies now, with plans to expand globally in the near future.
How organizations will be protected against malware, ransomware and other cyber risks
How the new tool against cybercrime works: “It starts with a streamlined cyber risk evaluation from Aon. This provides an analysis of an organization’s cyber defense posture and recommendations on how to strengthen it. Organizations will then implement Cisco Ransomware Defense to protect employees’ devices from malware and ransomware, wherever they may be working. Companies will also deploy Apple devices, including iPhone, iPad and Mac, and benefit from having the most secure devices available to businesses. With the strengthened cyber posture made possible by the technical foundations provided by Cisco and Apple, organizations can qualify for enhanced cyber insurance underwritten by Allianz for additional risk protection”. Moreover, the framework provides access to additional cybersecurity expertise to augment IT team readiness and response in the case of a breach.