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SecondSight and Optiv Form a Strategic Cybersecurity Insurance Partnership

Posted on June 26, 2024June 26, 2024 By Martin Hinton

SecondSight and Optiv have announced a strategic partnership to integrate cybersecurity and cyber insurance. This collaboration incorporates Optiv’s cybersecurity services into SecondSight’s Vertical AI platform. This will provide a streamlined and personalized approach to enhancing cybersecurity defenses for businesses, brokers, and underwriters.

The partnership introduces a new recommendation system within SecondSight’s platform, utilizing Optiv’s cybersecurity expertise. This integration offers businesses tailored advice based on their unique risk profiles, enabling proactive measures against cyber threats. This marks a shift from traditional, reactive risk management strategies to a more comprehensive and efficient risk management method.

Reuben Vandeventer, CEO of SecondSight, emphasized the partnership’s benefits. “By teaming up with Optiv, we integrate their cybersecurity expertise directly into our user experience. This eases the process of strengthening cybersecurity for businesses and facilitates timely, precise responses to their unique needs throughout their insurance journey,” Vandeventer stated.

Integrating Optiv’s solutions into the Vertical AI system aims to transform how insurance carriers predict and manage emerging risks. This approach enables insurers to address incidents and proactively identify and mitigate potential threats more efficiently. The goal? Providing actionable insights and immediate access to remediation services.

Dara Gibson of Optiv commented on the partnership’s strategic impact. “Our collaboration with SecondSight signifies a major step for Optiv. By embedding our cybersecurity solutions within the insurance workflow through SecondSight’s platform, we enhance security postures and strategically align our services with a critical growth domain,” Gibson said.

Cyber Threats

As businesses worldwide face increasing cyber threats, the partnership between SecondSight and Optiv offers a solution addressing cybersecurity insurance needs. This alliance aims to equip businesses with the necessary tools and support to navigate the digital landscape securely.

Looking ahead, Vandeventer views this partnership as the beginning of a broader initiative to redefine digital risk management and cyber insurance solutions. “Optiv is just the initial step in our expanding suite of digital risk management solutions. This strategic expansion empowers companies, brokers, and carriers to confidently manage digital risk,” Vandeventer said. As SecondSight continues to innovate and extend its ecosystem, the industry can expect further enhancements and broader partnerships, aiming to bridge the gap between insurance markets and end-customer risk management.

Source: SecondSight and Optiv Unveil New Partnership to Redefine Cybersecurity and Cyber Insurance Integration.

Other News: Optiv Report Highlights Significant Cybersecurity Investment Increase Amid Rising Threats(Opens in a new browser tab)

Other News: Ransomware Group Claims Responsibility for Christie’s Hack.

Cyber Insurance, Cybersecurity Tags:cyber insurance, Cybersecurity, cybersecurity insurance, Optiv, SecondSight

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In this clip from our latest podcast episode, Dan Candee, CEO of Cork Protection, dives into a critical topic that hits close to home: Cybersecurity for Main Street businesses.

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Cybersecurity for Main Street: Dan Candee on Protecting Small Businesses | CEO of Cork Protection
SMB Cyber Threats - In this episode of the Cyber Insurance News Podcast, host Martin Hinton talks with Dan Candee, CEO of Cork Protection, about the rising tide of cyber threats targeting small and mid-sized businesses (SMBs). Dan shares his journey from Main Street entrepreneur to cybersecurity leader, offering real-world insight into the threat landscape, financial vulnerabilities, and how AI and managed service providers (MSPs) can help fortify business resilience.

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00:00 Introduction - Dan Candee and Cork Protection
02:27 The Importance of Cybersecurity for Small Businesses
05:29 Understanding Cyber Threats and Their Impact
08:26 The Role of Managed Service Providers in Cybersecurity
11:24 24Financial Protection and Cyber Insurance Solutions
14:01 Leveraging AI in Cybersecurity
16:53 Navigating Cyber Insurance Policies
19:56 Empowering Small Businesses with Knowledge
21:52 The Future of Cybersecurity and Community Resilience
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29:05 Finals Thoughts and a bit of Hope!
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Cyberattack on Small Business is on the rise—and AI is making it worse. In this episode of the Cyber Insurance News Podcast, host Martin Hinton sits down with William Altman of CyberCube to unpack how AI is enabling threat actors to more efficiently target and exploit small businesses.

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Cyberattack on Small Business: How AI Supercharges Cyber Threats | William Altman @CyberCube"
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