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25 February 2016
Hamilton, Bermuda
Reporter Becky Butcher

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IronPro enhances cyber product offering

IronPro, the liability unit of Ironshore, is enhancing its risk management services for cyber policyholders.

The product offering will provide eligible Ironshore highly protect information policyholders with cyber monitoring and alert services (CMAS) during the policy period.

IronPro has engaged BorderHawk, an Atlanta-based security firm, to offer CMAS service that analyse cyber activity to detect questionable client events.

CMAS generates and transmits a cyber risk warning alert to a predetermined point of contact for immediate action in the event of a potential risk.

Cyber risk warning alerts signal potential vulnerabilities or threats associated with a specific IP address, thereby indicating heightened risk exposure to the client entity.

Steve Akridge, president of BorderHawk, commented: “We recognise that while ‘alerting’ systems can be a critical component of cyber security programmes, most organisations depend on ‘accidental discovery’ to initiate investigations of malicious cyber threats.”

“IronPro clients will be notified when questionable activity occurs, providing a more responsive investigation when primary security tools do not recognise a potential threat.”

In addition, the product enhancement will feature a cyber security assessment and technical services review to be conducted by US Homeland Security, at no additional cost.

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