Security Services Provider and Leading Insurance Company Help Connected
Businesses Reduce E-Commerce Risks
SAN FRANCISCO, RSA(R) Conference, April 11 /PRNewswire/ -- Securify, Inc.,
a leading provider of security technologies and services for connected
businesses, today announced an alliance with AIG eBusiness Risk Solutions, a
division of the American International Companies and a leading provider of
internet-risk and network security insurance. The alliance will help
enterprises better manage the costs and risks associated with e-commerce by
offering organizations one-stop combined solutions for obtaining the insurance
and security products and services they need to quantify, prepare for and
reduce cyber risks.
The alliance will make it easier for connected businesses to manage their
risks by deploying Securify's SecurVantage managed security services together
with AIG netAdvantageSuite of insurance coverages to achieve the appropriate
level of protection. Combining their best-of-breed services, the two
companies will offer careful analysis of assets and threats, design and
implementation of appropriate technical controls into a security architecture,
assessment of the effectiveness of that architecture and the right level of
underwriting to address the residual risk. In addition, eligible
organizations subscribing to Securify's services will receive discounts on the
AIG netAdvantage Suite, while AIG netAdvantage insureds will receive discounts
on Securify SecurVantage Services. Securify and AIG eBusiness Risk Solutions
will also engage in a variety of cooperative marketing and sales activities.
"Corporate information security is best addressed as a risk management
issue, and risk management for connected businesses should combine security
expertise, technology and insurance to achieve the best cost/benefit balance,"
said Taher Elgamal, president and CEO of Securify. "We look forward to
working with AIG eBusiness Risk Solutions to provide connected businesses with
the comprehensive risk management solutions they need to achieve true
information security."
Securify's SecurVantage managed security verification services offer a new
approach for enabling connected businesses to measure and manage the safety of
their trust relationships with partners, suppliers and customers -- as well as
employees -- as their networks become interconnected. Employing an ongoing
process of security policy review and updating, security policy compliance
monitoring, incident planning and response, the service enables connected
businesses to achieve the Quality of Security Service (QoSS) required to
strengthen the safety of their extended networks.
"AIG eBusiness Risk Solutions is leading the way in helping organizations
limit their exposure to loss from new kinds of cyber risks, providing the
insurance protection they need to conduct e-business with confidence," said
Ty R. Sagalow, executive vice president and chief operating officer, AIG
eBusiness Risk Solutions. "Through our alliance with Securify, e-businesses
now have a convenient way to institute comprehensive risk management to reduce
their costs and risk as they embrace the new economy."
Underwritten by AIG member companies, the netAdvantage Suite of products
provides up to $25 million in coverage for exposures including Internet
liability, web media/content liability, technology errors and omissions, first
party loss and damage to data and e-revenue business interruption due to
computer attacks. In addition, the netAdvantage suite provides clients access
to the AIG eBusiness Risk Solutions' Technology Alliance, a roster of leading
technology and network security companies. Insureds also have access to the
Technology Panel Counsel, a pre-approved roster of the nation's premier law
firms specializing in emerging legal issues related to intellectual property
law and high-technology issues, for legal defense against technology-related
claims. For information, please go to http://www.aignetadvantage.com.
About American International Group, Inc.
AIG is the leading U.S.-based international insurance and financial
services organization and the largest underwriter of commercial and industrial
insurance in the United States. Its member companies write a wide range of
commercial and personal insurance products through a variety of distribution
channels in approximately 130 countries and jurisdictions throughout the
world. AIG's global businesses also include financial services and asset
management, including aircraft leasing, financial products, trading and market
making, consumer finance, institutional, retail and direct investment fund
asset management, real estate investment management, and retirement savings
products. American International Group, Inc.'s common stock is listed on the
New York Stock Exchange, as well as the stock exchanges in London, Paris,
Switzerland and Tokyo.
About Securify, Inc.
Securify technologies and services help connected businesses reduce their
security risks and improve their trust relationships. The Securify
SecurVantage suite of managed security services quantifies the Quality of
Security Service (QoSS) for cost effectively managing overall network security
across an Intranet as well as between e-business partners. Securify Access
Management Services offer consulting and integration assistance that
simplifies the deployment of cost-effective, vendor-neutral enterprise
authentication and access management solutions. Securify customers include
major financial institutions, healthcare agencies, managed service providers
and other Fortune 1000 organizations. Securify has built a world-class staff
of qualified network security, authentication and access management
specialists to provide customers with a high level of expertise to augment
existing resources. The company has its headquarters in Mountain View, CA.
For more information, please call 650-812-9400 or visit the Securify Web site
at http://www.securify.com.
NOTE: Securify is a registered service mark of Securify, Inc. All other
trademarks, service marks and company names are the property of their
respective owners.
SOURCE Securify, Inc.
 back to top
Related links:
http://www.securify.com
CONTACT:
Patrick Corman of Corman Communications,
650-326-9648, or patrick@cormancom.com, for Securify, Inc.; or
Denise Barton of Securify, Inc., 650-812-9400, ext. 4261, or
dbarton@securify.com
|
