Marsh McLennan and BitSight have entered a partnership to help both organisations better understand, measure, and manage their cyber risks.
Marsh McLennan’s recently announced Cyber Risk Analytics Center will leverage BitSight Security Ratings, data, and analytics, enabling clients to better understand their cybersecurity performance and make more informed risk management decisions.
Throughout the partnership two firms also will pool their widely respected insights to collaborate on joint research and analysis.
Scott Stransky, head of the Marsh McLennan Cyber Risk Analytics Centre commented: “2021 is shaping up to be one of the most challenging years for cyber risk on record, and we continue to hear from clients that cybersecurity is among their most urgent risk concerns.
“By collaborating with BitSight, we are providing clients with more data-driven insights to better manage risk in an increasingly difficult cybersecurity landscape.”
Stephanie Snyder Frenier, vice president and general manager, insurance at BitSight said: “Cyber insurance brokers now play a critical role in helping their clients actively manage cyber risk.
“This marks an exciting opportunity to share our cyber risk data and expertise to help Marsh McLennan counsel their clients on reducing risk of cyber exposure.”