CHICAGO, July 17, 2019 — CNA today announced CNA CyberPrep, a
proactive program of cyber risk services designed to help companies take a holistic
approach to cyber threats, aiding CNA cyber policyholders in threat
identification, mitigation and response.
Built on nearly two decades of cyber insurance expertise,
CNA CyberPrep is the latest addition to CNA’s broad suite of market-leading
cyber liability insurance products and risk control resources. CNA CyberPrep will
help insureds better manage cyber risk, one of the top risk concerns of
companies globally according to CNA’s May 2019 Risk &
Confidence Survey. The CNA CyberPrep program is based on the National
Institute of Standards and Technology (NIST) and is rooted in strong
partnerships with highly-regarded cybersecurity professionals. These
partnerships provide companies access to essential risk control information and
service providers to mitigate exposures — at every stage of a cyber incident.
“In today’s technology-driven world, cyber threats
represent a critical and growing risk. The loss of sensitive information has
caused companies of all sizes to face reputational harm, loss of confidential
data and monetary losses for remediation and regulatory fines,” said Brian Robb,
Underwriting Director and Cyber Industry Leader, CNA. “We understand that
businesses must stay ahead of emerging cyber risks and the security threats
they pose. The key to safeguarding information starts with security.”
CNA CyberPrep is available to CNA cyber policyholders,
providing them with a network of cybersecurity professionals and services to
actively identify, mitigate and respond to their cyber risks, including:
- Identify
current cybersecurity posture: Built from NIST guidelines, a select group
of cybersecurity partners help insureds identify the strengths and weaknesses
of their cybersecurity posture while also providing best practices.
- Mitigate
potential cybersecurity risk: Cybersecurity recommendations, such as
policy and procedure development and testing, password management and employee
education, are put into action by sourced experts, helping insureds minimize
the effects of cyber breaches on their organizations.
- Respond to
cyber incident: Security incidents are often high-pressure situations.
CNA’s incident response vendors will bring a deep understanding of critical
steps to manage an incident’s impact and provide help after one occurs.
Every organization has a different cyber security
posture, so there is not a one size fits all response. CNA CyberPrep helps
companies understand their unique posture and then invest and plan accordingly.
With CNA CyberPrep, plans are able to be tested regularly and updated as the
cyber threat landscape changes.
"It is important to take a holistic view to cyber threats
– no matter the size or industry of an organization,” Robb added. “CNA’s
multi-faceted, proactive approach will help identify security control gaps as
well as create baselines to address the potential impact of loss prevention and
mitigation efforts from a cyber threat incident. With the proper preparedness
and risk mitigation tools, cyber threats are less likely to negatively impact
the bottom line of a company.”
Policyholders are encouraged to speak with their broker
and CNA cyber underwriter for more details on CNA CyberPrep.
About CNA
CNA
is one of the largest U.S. commercial property and casualty insurance
companies. CNA provides a broad range of standard and specialized property and
casualty insurance products and services for businesses and professionals in
the U.S., Canada and Europe, backed by more than 120 years of experience and
more than $45 billion of assets. For more information about CNA, visit our
website at www.cna.com.
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