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WTW bolsters cyber modelling suite with security ratings platform

29th January 2020 - Author: Charlie Wood

Re/insurance broker Willis Towers Watson has integrated SecurityScorecard security ratings into its cyber risk quantification modelling platform.

willis towers watsonSecurityScorecard reviews a company’s technical security and in order to forecast potential data breach frequencies and related impacts.

Ratings are provided to companies which can be used to improve their cyber security as well as analyse the security posture of third-party vendors.

WTW says this deal will enable SecurityScorecard’s proprietary system to be integrated into its Cyber Quantified suite of analytics.

“Our clients are seeking advanced solutions to better understand the frequency and severity of cyber risk using predictive analytics,” said Tom Srail, Director, Client Relationship Management, WTW.

“This latest enhancement to our cyber analytical tool gives not only increased decision support intelligence, but also provides information security professionals with actionable data to improve their security posture and reduce vulnerabilities.

“The integration of Cyber Quantified and SecurityScorecard puts Willis Towers Watson in an unparalleled position to assist companies in cyber risk quantification and related risk assessment.”

“We are thrilled that Willis Towers Watson has selected SecurityScorecard’s security rating services as part of their Cyber Quantified platform,” added Dr. Aleksandr Yampolskiy, CEO and co-founder of SecurityScorecard.

“As the only security ratings company with over a million continuously rated companies and a commitment to trust and transparency, we are the best-in-class rating partner for highly regulated industries, with a targeted focus in insurance.”

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