Kudelski Security, the cybersecurity division of the Kudelski Group, has partnered with Allianz Global Corporate & Specialty SE, Allianz Group’s dedicated carrier for corporate and specialty insurance business to provide incident response services to AGCS customers in case of a cyber breach, a service that is part of AGCS´ dedicated insurance solution for cyber and IT risks, “Allianz Cyber Protect.”
The partnership covers Germany, Austria and Switzerland and includes the following services:
Kudelski Security will assist AGCS clients by evaluating their organization’s ability to detect and respond to cyberattacks as well as supporting them should an incident arise. If a cyber incident materializes, Kudelski Security will help AGCS clients by assigning a multi-disciplinary Cybersecurity Emergency Response Team to cope with the attack.
Christophe Nicolas, senior vice president of Kudelski Security added: “Mastering risks related to online presence and being prepared against cyber threats is the new norm for every business. We are honored to team up with AGCS as one of their cyber incident response partner and support their clients when confronted with cyberattacks.”
Jens Krickhahn, Central and Eastern Europe Practice Leader for Fidelity, Cyber and PI at AGCS, said: “With their experience and extensive know-how of the IT security industry, Kudelski Security provides our customers with professional and fast services in case of a privacy or security breach. This incident response management approach generates added value for both our clients and us as insurer.”
This partnership brings together Kudelski Security’s cybersecurity expertise and Allianz “Cyber Protect” insurance to provide state-of-the-art services to benefit clients of both companies. Since 2013 AGCS is offering large corporate accounts ‘Allianz Cyber Protect’ as a comprehensive suite of three insurance products to address various first and third party liability losses that can arise from a serious cyber-attack or data breach. The maximum sum insured of 100 million euros is currently the highest capacity provided by a sole insurer available on the market.
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