Reinsurance News

CyberCube adds former NSA Director and head of U.S Cyber Command to Board

13th August 2018 - Author: Matt Sheehan

Cyber risk analytics firm CyberCube has announced that former Director of the National Security Agency, Commander of the U.S Cyber Command (USCYBERCOM), and Chief of the Central Security Service Michael S. Rogers has joined its Board of Directors.

michael-rogersThis appointment marks the first private sector position that Rogers has taken since retiring from a 37-year career in the U.S military.

“It is hard to imagine anyone on the planet better placed to support CyberCube in modeling the impact of catastrophic cyber events on the economy,” said Pascal Millaire, Chief Executive Officer (CEO) of CyberCube.

“Having an understanding of the threat actor landscape is essential to understand the scenarios that could cause billions of dollars of losses to insurer balance sheets.”

Rogers also commented: “The insurance industry has an increasingly important role to play in making companies more resilient to cyber attacks. Providing the cyber insurance market with better cyber risk analytics enables insurers to grow more sustainably and help more enterprises understand, mitigate and insure cyber risk.”

The CyberCube platform was established in 2015 within Symantec to enable insurers to better underwrite cyber risks and to model catastrophic cyber events, but recently completed its separation from Symantec in March 2018.

Symantec continues to provide exclusive, proprietary telemetry data license to support CyberCube’s risk models, as well as access to its managed adversary and threat intelligence team (MATI).

“Cyber is one of the most important risks facing the global economy,” said Donald R. Dixon, an existing Board member at CyberCube and Managing Director at ForgePoint Capital.

“Bringing the best of cyber security and the best of insurance together in one company is essential in order to understand and address this dynamic financial and operational risk.”

CyberCube also recently announced a series of new partnerships with Guy Carpenter, Chubb, and JLT Re.

Print Friendly, PDF & Email

Recent Reinsurance News