Property and casualty insurance company Chubb has announced the launch of its cyber protection partnership with NetSPI, a cybersecurity specialist.
NetSPI is an expert in proactive security, aiming to strengthen its clients’ cyber-risk profile via enhanced attack surface management and penetration testing solutions.
Through this collaboration, Chubb policyholders in the US and Canada will be able to use NetSPI’s full portfolio of proactive security solutions, including Breach and Attack Simulation (BAS), Attack Surface Management (ASM).
They will also have access to a suite of comprehensive penetration testing offerings, at preferred pricing, subject to applicable insurance laws. NetSPI’s suite of solutions can be tailored to support any size business across all industries.
Craig Guiliano, Vice President of Cybersecurity Threat Intelligence at Chubb: “This collaboration with NetSPI provides clients with peace of mind, enabling them to identify vulnerabilities, security issues, and exposure to risk before it escalates into a claim.
“This value-added solution is part of Chubb’s efforts to proactively identify cyber exposures that are difficult to detect using common scanning tools and to more broadly strengthen our policyholders’ security posture.”
“We’re thrilled to empower Chubb clients to proactively confront cyber threats,” said Aaron Shilts, President and CEO of NetSPI. “Too often we see companies forced to react after incurring losses from cyberattacks that can severely impact their finances and reputation. Chubb understands the value of ensuring clients enhance their security apparatus and minimise their susceptibility to risk.”
According to the announcement, an advantage to the Chubb policyholder stemming from this partnership is the access to NetSPI’s industry-leading proactive security technology and expertise allowing the insurer’s policyholders to keep pace with an ever-evolving risk environment.
Chubb also noted that, as part of the collaboration, selected clients will be eligible to access NetSPI’s Attack Surface Management (ASM) platform at no cost.
“This solution continuously evaluates client attack surfaces for exposures and vulnerabilities. It utilises its penetration testing expertise to decrease the probability and impact of a costly cyberattack, provide actionable insights for attack surface reduction, and decrease false positives to help teams prioritise remediation.,” Chubb explained.
