ZURICH, April 23, 2015 /PRNewswire/ -- Swiss Re Corporate Solutions joins forces with IBM Security to provide advanced cyber risk protection products and services to companies worldwide. The IBM - Swiss Re Corporate Solutions agreement helps businesses defend themselves against increasingly sophisticated cyber attacks.
The agreement combines IBM's outstanding knowledge of information technology security with Swiss Re Corporate Solutions' leading-edge underwriting. IBM will assess clients' external and internal vulnerabilities to cyber attacks, giving them options for implementing risk mitigation proposals. IBM and Swiss Re Corporate Solutions are also exploring innovative services to further enhance clients' protection against cyber threats.
Francois Brisson, Swiss Re Corporate Solutions' Head of Cyber Technology, comments: "We aim to answer some of the most pressing questions of companies that seek cyber risk insurance – questions on unforeseen vulnerabilities, available protections, data monitoring techniques and more. Together with IBM, we not only analyse and assess our clients' cyber risk exposure but also support them in dealing effectively with a security breach."
Philip C. Kibler, IBM Security's Director Global Alliances and Computer Security Incident Response Team, says: "As businesses evolve, vital assets that were once kept under lock and key now flow freely through the cloud and mobile devices, beyond the four walls of the enterprise. Companies today deploy solutions to secure this new perimeter, and also turn to forward thinking insurers such as Swiss Re Corporate Solutions to provide an extra layer of protection in the event an incident occurs."
About Swiss Re Corporate Solutions
Swiss Re Corporate Solutions offers innovative, high-quality insurance capacity to mid-sized and large multinational corporations across the globe. Our offerings range from standard risk transfer covers and multi-line programmes, to highly customised solutions tailored to the needs of our clients. Swiss Re Corporate Solutions serves customers from over 50 offices worldwide and is backed by the financial strength of the Swiss Re Group. For more information about Swiss Re Corporate Solutions, please visit www.swissre.com/corporatesolutions or follow us on Twitter @SwissRe_CS.
About IBM Security
IBM's security platform provides the security intelligence to help organizations holistically protect their people, data, applications and infrastructure. IBM offers solutions for identity and access management, security information and event management, database security, application development, risk management, endpoint management, next-generation intrusion protection and more. IBM operates one of the world's broadest security research and development, and delivery organizations. For more information, please visit www.ibm.com/security, follow @IBMSecurity on Twitter or visit the IBM Security Intelligence blog, securityintelligence.com.
SOURCE Swiss Re Corporate Solutions