RiskChubb adds cyber loss mitigation to risk management service

Chubb adds cyber loss mitigation to risk management service

Insurance firm Chubb has teamed up with cybersecurity company DynaRisk to offer a cyber loss mitigation service to Chubb's Cyber Enterprise Risk Management policyholders in the UK and Ireland.

Chubb’s Cyber Enterprise Risk Management service can now assess a person’s devices and digital footprint to provide a cybersecurity score and report, which highlights vulnerabilities an individual may have.

DynaRisk checks whether users have had information stolen and traded on the Dark Web. It also educates users how to protect themselves from phishing and other email scams. The platform then generates simple step-by-step actions for users to take to protect themselves and their company.

Chubb provides risk management for businesses before, during and after a cyber incident. The company’s loss mitigation service partners provide support and guidance before an incident occurs, and its incident response management solution provides post-loss assistance to get businesses back to normal.

People are the biggest weakness from a corporate cybersecurity perspective, so greater digital risk awareness among staff will help improve their practices at work

Kyle Bryant, cyber risks manager, Europe at Chubb said: “With the cyber threat dynamic changing all the time, understanding how to be safe online is more important now than ever before. DynaRisk’s service offers Chubb Cyber Enterprise Risk Management insurance policyholders and employees the opportunity to assess their personal cyber risk profiles, helping to educate and improve personal online activity and behavior.

“People are the biggest weakness from a corporate cybersecurity perspective, so greater digital risk awareness among staff will help improve their practices at work.”

Andrew Martin, DynaRisk founder and CEO, said: “Both of our organizations recognize that transforming the behavior of people is central to protecting companies against cyber attacks.”

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