Axa XL, based in Bermuda, has teamed up with Darkweb IQ, a firm specializing in cybercrime prevention, to enhance the cybersecurity measures of its global cyber insurance clients. Axa XL noted that Darkweb IQ, located in New York, focuses on proactive strategies to shield businesses from ransomware, data breaches, and risks associated with third parties. By working alongside law enforcement and the cybercrime insurance sector, Darkweb IQ penetrates the networks of cybercriminals to obtain unique insights and thwart potential ransomware threats.
Tim Smit, global head of cyber-risk strategies and partnership programmes, said: “Partnering with cybersecurity experts Darkweb IQ enables us to provide comprehensive and effective solutions to our clients, helping them to safeguard their digital assets, data, and operations from potential cyberattacks and data breaches.”
“Access to a cyber expert like Darkweb IQ is crucial in helping our clients fight the ongoing battle against ransomware.”
Mr Smit added: “Their ransomware detection and response solution can be instrumental in intercepting attacks before data theft or encryption occur, providing vital cyber protection for businesses.”
“Another available service — supply chain security-plus — adds an extra layer of defence, safeguarding against disruptions and data theft resulting from attacks on critical third-party vendors and suppliers.”
“Utilising their expertise is essential in fortifying our defences and mitigating the risks posed by cybercrime threats.”
Axa XL announced that it provides various cyber insurance products and services designed to assist businesses in safeguarding against cybercrime threats. Their offerings encompass coverage for the investigation and management of cybercrime incidents, financial protection against liabilities, and risk management services aimed at enhancing cybersecurity.
Also read: Viksit Workforce for a Viksit Bharat
Do Follow: The Mainstream formerly known as CIO News LinkedIn Account | The Mainstream formerly known as CIO News Facebook | The Mainstream formerly known as CIO News Youtube | The Mainstream formerly known as CIO News Twitter
About us:
The Mainstream formerly known as CIO News is a premier platform dedicated to delivering latest news, updates, and insights from the tech industry. With its strong foundation of intellectual property and thought leadership, the platform is well-positioned to stay ahead of the curve and lead conversations about how technology shapes our world. From its early days as CIO News to its rebranding as The Mainstream on November 28, 2024, it has been expanding its global reach, targeting key markets in the Middle East & Africa, ASEAN, the USA, and the UK. The Mainstream is a vision to put technology at the center of every conversation, inspiring professionals and organizations to embrace the future of tech.
