AIG is pleased to be the winner of the Advisen 2018 Cyber Risk Innovation of the Year award for CyberMatics
Award-winning technology providing timely cybersecurity insights and tailored analytics.
We can help make sure an organization’s cybersecurity risk prevention strategy stays current…and the organization gets rewarded for it.
CyberMatics is a technology-driven process that can help an organization verify its cyber risk posture, prioritize which controls need to change, and better invest in its overall cybersecurity program... which includes the purchase of cyber insurance from an AIG affiliate.
Clients receive their organization’s cyber risk scores, recommended actions for improvement, and modeling of recommended actions versus their expected result and cost.
CISOs can use this information to prioritize the top contributors to higher risk. The forecasting capability can also help evaluate the impact of potential risk mitigation solutions on a client’s risk score before implementation in order to better determine which solution could provide the greatest return on investment.
Risk managers may benefit from more tailored policy terms and conditions through continuous assessment of verified underwriting information.
AIG cyber insureds engage with one of our leading security partners to provide the data from their organization to our cyber underwriting model. To help ensure privacy, the engaged partner translates the client’s data before providing AIG with answers to the specific questions in our cyber application. We do not receive any raw data from the client.
Current partners include CrowdStrike® and Darktrace®, with other partners to be available soon.
AIG then uses that data to regularly update the client’s cyber maturity profile to provide risk scores, benchmarking, recommendations for improvement and more. Clients can view this and other information on the CyberMatics dashboard in AIG’s Cyber Portal.
A client wishing to participate in CyberMatics can consider the Crowdstrike Falcon® Discover product deployed on a high percentage of end points within the client network. Additional products such as Falcon Prevent, Falcon Insight, Falcon Overwatch, and Falcon Intelligence increase the number of inputs CrowdStrike® can update within the AIG cyber model.
Clients wishing to participate in CyberMatics can consider DarkTrace’s Enterprise Immune System®, installed with probes providing coverage for all network segments. Having additionally activated the DarkTrace® analysis service and their Antigena products increases the number of inputs DarkTrace can update within the AIG cyber model.