Cisco, Apple, Allianz, and Aon team up to offer cyber security solution | Source: Pexels

Apple, Cisco team up to help enterprises fight cybercrime

By Tech Wire Asia | 8 February, 2018

CYBERCRIME is an issue that is constantly discussed in boardrooms, technology conferences, and in government offices. It’s something that businesses constantly struggle with, especially because the world is becoming more digital with each passing day.

Despite the growing investments in cybersecurity projects, enterprises seem to be fighting a losing battle against hackers who make away with cash, data, and corporate secrets from company servers almost effortlessly.

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To help these enterprises, Apple, Cisco, Aon, and Allianz have teamed up to launch a new cyber risk management solution for businesses.

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

The solution comprises of 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 organizations better manage and protect themselves from cyber risk associated with ransomware and other malware-related threats, which are the most common threats faced by organizations today.

What makes enterprises especially vulnerable is the fact that the security technology market is fragmented and that there is a shortage of security skills, which makes it difficult for businesses to find the right partners to fight against constantly evolving cyber terrorists.

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“Phone, iPad and Mac are the best tools for work, offering the world’s best user experience and the strongest security. We’re thrilled that insurance industry leaders recognize that Apple products provide superior cyber protection, and that we have the opportunity to help make enhanced cyber insurance more accessible to our customers,” Apple CEO Tim Cook said.

The tech giants aim to provide a comprehensive cybersecurity solution | Source: Pexels

The new solution covers the primary dimensions of cyber protection for businesses. The key elements of the offering include:

Cyber Resilience Evaluation: Aon cybersecurity professionals will assess interested customers’ cybersecurity posture and recommend ways to help improve their cybersecurity defenses.

Cyber Insurance: Allianz, based on its evaluation of the Cisco and Apple technical foundation of the solution, determined that customers using Cisco Ransomware Defense, and/or qualified Apple products might be eligible for the Allianz-developed enhanced cyber insurance offering.

Enhancements include market-leading policy coverage terms and conditions, including potentially qualifying for lower, or even no, deductibles in certain cases.

Cisco Ransomware Defense is part of Cisco’s integrated security portfolio that 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 organization’s defenses against malware, ransomware and other cyber threats.

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Apple products: iPhone, iPad and Mac give employees the best experiences at work with the strong security that businesses need.

The tight integration of hardware, software and services on iOS devices ensures that each component of the system is trusted, from initial boot-up to installing third-party apps.

Users benefit from always-on hardware encryption, as well as support for secure networking protocols like Transport Layer Security (TLS) and VPN out of the box.

Incident Response Services: Organizations will have access to Cisco and Aon’s Incident Response teams in the event of a malware attack.