AGCS adds data protection specialist to cyber risk panel

Allianz Global Corporate & Specialty (AGCS) has added FireEye, a provider of cyber security and malware protection, to its panel of services providers.

The panel has been set up to help businesses minimise data loss, business interruptions and reputations damage from a cyber event.

By working with FireEye, AGCS policy holders have access to detection technology, threat intelligence and consultancy.

AGCS clients now also have access to FireEye’s proactive industrial control systems (ICS) health check, where FireEye specialists evaluate how well organisations’ ICS security program and architecture are segmented, protected and monitored.

“Cyber risk appears in many forms, all of which can represent major threats to business. Companies increasingly face new exposures, including first and third-party damage, business interruption and regulatory consequences,” commented Rich Stegina, vice president at FireEye.

“There is no ‘one-size-fits-all’ approach to cyber security. The threat landscape is constantly evolving and together with AGCS we can offer clients a better way to evaluate and manage their cybersecurity risk and provide solutions matched to their individual needs.”

Nigel Pearson, global head of fidelity at AGCS, said: “FireEye has one of the most experienced and well-resourced teams in the world. Their disciplined approach and geographic reach will prove extremely valuable to our clients.”