Kaspersky Lab to provide IT Forensics to AGCS
Kaspersky Lab will provide IT forensics and incident response services to Allianz Global Corporate & Specialty SE (AGCS) cyber insurance customers in Germany, Austria and Switzerland. In a cyber crisis, businesses can now benefit from Kaspersky Lab’s expertise, helping them to limit the damage of security incidents through fast access to Next-Gen services and the ability to initiate a highly professional investigation into the incident. Kaspersky Lab’s services will be available in Germany, Austria and Switzerland.
In the "Allianz Risk Barometer 2017", cyber incidents rank third in business risks for companies worldwide. Kaspersky Lab survey results found that big corporations have to spend an average of US$861,000 to recover from a cyber incident, while the average costs for medium-sized enterprises account for US$86,500.
Kaspersky Lab’s digital forensics will support the troubleshooting of imminent security problems and the limitation of damage as well as the analysis of malware, technical causes and investigation into the entire incident. The analysis provides a comprehensive overview of the attacker, the technologies used, the duration of the attacks, the targets of the operation and their consequences. As AGCS´s IT forensics partner, Kaspersky Lab may then recommend and implement strategies for defense and recovery, as well as measures for future prevention of security incidents in businesses that have been affected.
It can also preserve evidence for potential law enforcement. Besides providing technical services, AGCS cooperates with other service partners to accommodate victims of cyber-attacks both in strategic crisis communications and, through specialized lawyers, in data privacy proceedings. The AGCS insurance policies cover not only targeted, but also broad scattershot cyber-attacks.
"Being part of a holistic security strategy, cyber insurance policies become more and more important. With its twenty-year experience in threat intelligence, Kaspersky Lab is able to recognize cyber-attacks early on and professionally, and it can react to them based on digital forensics," says Holger Suhl, General Manager DACH with Kaspersky Lab. He adds, "We are glad to protect AGCS´s customers in Germany, Austria and Switzerland from cyber-attacks and consequential damages as a partner of Allianz Global Corporate & Specialty."
"We are happy to expand our group of IT forensics partners by Kaspersky Lab," says Martin Zschech, Head of Financial Lines, AGCS Central & Eastern Europe. "Thus, we can provide our cyber policy customers with assistance by a pioneer and market leader in the cybersecurity branch in the event of a cyber crisis. For any affected business, it is decisive that the cause and the extent of a cyber incident are quickly detected in order to protect its goodwill and to go back to business as usual as soon as possible."
See What’s Next in Tech With the Fast Forward Newsletter
Tweets From @varindiamag
Nothing to see here - yet
When they Tweet, their Tweets will show up here.