View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
October 10, 2018

Generali introduces cyber security subsidiary

Generali has introduced a cyber insurance function and subsidiary known as GeneraliCyberSecurTech. Its goal is to offer cyber risk assessment solutions.

Free Whitepaper
img

Never Trust, Always Verify: Is Zero Trust the Next Big Thing in Cybersecurity?

Cyberattacks continue to rise every year and no sector seems to be immune. Hackers target sensitive information such as organizational, client, and financial data, as well as intellectual property (IP) and proprietary functions. As digital transformation becomes a top priority for many organizations, traditional perimeter-based security models are no longer sufficient to address the growing cybersecurity concerns. Against the backdrop, enterprises explore zero trust as it takes a micro-level approach to authenticate and approve access at every point within a network. Reasons to read: The cybersecurity landscape is swiftly changing, and businesses need more awareness to meet the evolving change. The report highlights the current state of play and the future potential of the zero trust approach in cybersecurity to protect critical digital infrastructure of enterprises across sectors such as financial services, healthcare, telecom, and transportation, among others. Read our report and gather insights on the following topics:
  • Traditional vs zero trust protection
  • Key advantages and solution providers
  • Major industries and key players
  • Drivers and challenges
  • Top funded startups and Mergers & Acquisitions
  • Implementation challenges
by GlobalData
Enter your details here to receive your free Whitepaper.

The subsidiary, wholly owned by the group, along with the function will work to develop the group’s cyber risk activities.

The aim is to avert cyber attacks, offer an apt response to cyber breaches and facilitate technical and legal management of events.

The best defence

Generali country manager of Italy and global business lines Marco Sesana said: “Today’s announcement confirms Generali’s commitment in cyber security, an increasingly significant and strategic space for individuals, companies and organisations.

“Leveraging the new function’s expertise and the Group’s technological innovation, which is the cornerstone of CyberSecurTech start-up, we will able to support our customers’ needs.”

Additionally, Generali and CyberSecurTech have rolled out a technology platform. The platform has been designed and developed by the group’s IT security expert team.

Dubbed Majorana, the platform gathers and evaluates customer data. This in cludes information such as a customer’s web perimeter and possible data leaks that may have affected a customer.

The assessment is also aided by a proprietary algorithm, resulting in the development of an IT risk insurance policy and security report.

CyberSecurTech CEO Remo Marini said: “Developed using innovative technologies based on machine learning and artificial intelligence, the tool’s considerable sophistication enables the real risks to which the customer is exposed to be assessed, providing detailed information that the customer can use to build a plan to mitigate risks and transfer residual risks, both from a technology and insurance perspective.”

Free Whitepaper
img

Never Trust, Always Verify: Is Zero Trust the Next Big Thing in Cybersecurity?

Cyberattacks continue to rise every year and no sector seems to be immune. Hackers target sensitive information such as organizational, client, and financial data, as well as intellectual property (IP) and proprietary functions. As digital transformation becomes a top priority for many organizations, traditional perimeter-based security models are no longer sufficient to address the growing cybersecurity concerns. Against the backdrop, enterprises explore zero trust as it takes a micro-level approach to authenticate and approve access at every point within a network. Reasons to read: The cybersecurity landscape is swiftly changing, and businesses need more awareness to meet the evolving change. The report highlights the current state of play and the future potential of the zero trust approach in cybersecurity to protect critical digital infrastructure of enterprises across sectors such as financial services, healthcare, telecom, and transportation, among others. Read our report and gather insights on the following topics:
  • Traditional vs zero trust protection
  • Key advantages and solution providers
  • Major industries and key players
  • Drivers and challenges
  • Top funded startups and Mergers & Acquisitions
  • Implementation challenges
by GlobalData
Enter your details here to receive your free Whitepaper.

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive.
SUBSCRIBED