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2/5/2018, 5:33 PM (Source: TeleTrader)
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Apple, Cisco partner on cyber insurance

Tech giants Apple, Inc and Cisco Systems, Inc. partnered with broker Aon and insurance provider Allianz on cyber risk management solution for businesses, Apple announced in a press release issued on Monday.

The collaboration comprises of resilience evaluation from Aon and discounts on cyber insurance by Allianz for businesses that use equipment from Cisco and Apple.

"As the leading enterprise security company, we know that in a digital world security must come first, and our integrated security architecture reduces customers’ overall risk of exposure to ransomware and malware attacks," Cisco chairman and chief executive Chuck Robbins stated. "We’re thrilled that insurance industry leaders recognize that Apple products provide superior cyber protection, and that we have the opportunity to help make enhanced cyber insurance more accessible to our customers," Apple CEO Tim Cook said.

Breaking the News / BM