Willis Towers Watson has announced that it plans to enhance its global cybersecurity risk advisory services by integrating IBM Security’s suite of cyber features.
Insurance and reinsurance broker Willis believes the collaboration will allow its clients to more holistically assess cyber threats, which will facilitate more effective risk transfer and overall capital allocation strategies.
IBM Security offers a range of cybersecurity services related to technical assessments, incident response, security testing and cyber resiliency.
Willis observed that organisations are increasingly looking for solutions like these which can help them respond to cyber outbreaks, identify vulnerabilities, detect unknown threats, and recover access to data and applications.
Anthony Dagostino, Global Head of Cyber Risk at Willis Towers Watson, said: “We believe that a successful cyber resiliency strategy must have a comprehensive approach that addresses people, capital and technology in equal measure.
“Recent cyber-attacks are a constant reminder of why companies need a proactive strategy. We are excited to partner with IBM to better address the technological risks our clients face across the globe.”
Chris Esemplare, IBM General Manager & Vice President, Global Security Services, added: “With Willis Towers Watson’s focus on employees, and given the role that insiders play in creating cyber risk, an effective cyber security strategy should encompass technology and solutions to address employee behavior and associated risks.
“The array of solutions provided by Willis Towers Watson are a perfect complement to IBM Security’s comprehensive approach and solutions in the market.”
In addition to strengthening their suite of cybersecurity solutions, this collaboration will also proactively position Willis to obtain best-in-class coverage terms and rates from insurers.
