Marsh joins forces with FireEye to map cyber breach risk
Marsh and FireEye have joined forces to deliver comprehensive assessments of clients for their security vulnerabilities, in part to deliver a better understanding of risks for cyber security cover. The collaboration will see FireEye-Mandiant consultants visit client businesses to identify their risk profile and suggest ways of improving their defensive postures.
FireEye is a US-based cyber security company, which offers a range of cyber security offerings to its more than 3,400 clients. The company’s offerings include, among others, a threat prevention platform and cloud-based security solutions – using real-time, dynamic threat protection across the primary threat vectors and across the different stages of an attack life cycle. The company was founded in 2004 and has approximately 2,500 employees.
In line with its ambition to offer its clients security readiness against the continued threat of cyber-attacks, consulting firm Marsh decided to partner with FireEye to deliver the Marsh Cyber OASIS (Objective Assessment Scorecard of Information Security).
The two parties will work together to develop an objective overview of a company’s risk profile to better inform cyber insurance portfolios. To create the profiles, clients will be visited on-site by a FireEye-Mandiant consultant whose role it is assess and compare their current defensive posture, processes and tools with current best practice in the market. As a result, clients will be provided an objective assessment of their current state and recommended relevant improvements to protect their business.
John Drzik, President of Marsh Global Risk and Specialties, says: “Cyber OASIS is the latest in a number of offerings from Marsh that are part of our commitment to combine insurance and risk advisory expertise with best-in-class cyber specialists and analytics to offer the risk management community the tools and resources it needs to manage their cyber exposures.”
“After the massive, public data breaches that came to define 2014, data security has become a board-level issue and organisations are moving quickly to better evaluate and manage their cyber security risk,” adds Jurgen Kutscher, Vice President of Security Consulting Services at FireEye. “By working with Marsh, we’re able to help evaluate an organisation’s threat profile and the efficacy of its current systems to provide recommendations on how to improve the firm’s overall posture across the risk spectrum.”
