Liberty Mutual partners with SecurityScorecard to enhance preventative cyber protection

Liberty Mutual Insurance has partnered with cyber security rating provider SecurityScorecard to offer complimentary cybersecurity analysis to qualifying clients of its global risk solutions (GRS) North America and specialty markets business units.

The partnership will mean qualifying policyholders receive a detailed analysis of their cybersecurity and the external threats they are exposed to. The SecurityScorecard report will provide recommendations to help clients improve security.

SecurityScorecard has analysed over 5 million businesses and collects and analyses global cyber threats to provide organisations with an easy-to-understand A–F rating of their security and that of their third parties. This gives companies a hacker’s-eye-view of their security, helping them to identify where an attack might occur.

David Perez, chief underwriting officer at Liberty Mutual GRS, emphasised the importance of preventative measures, rather than just remediation after a breach.

“While current cyber insurance policies provide a response when a client’s security is breached, by partnering with SecurityScorecard we can offer clients valuable insights and analysis before a breach occurs,” he explained.

Sam Kassoumeh, SecurityScorecard’s chief operating officer and co-founder, said: “As the only security ratings company to be honored as a tech pioneer by the World Economic Forum in 2020, we are trusted to work with businesses in highly-regulated sectors all over the world.”

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