Aviva and CyberCube Collaborate to Enhance Cyber Exposures Management

Aviva plc, a leading UK insurer, has partnered with CyberCube, a global leader in cyber risk analytics, to leverage Artificial Intelligence (AI) and enhance its cyber exposures management strategy. The collaboration aims to strengthen Aviva's ability to pinpoint companies in its commercial portfolio that are most vulnerable to specific cyber threat actors, bringing a new level of precision and innovation to exposure management.

Key Takeaways:

• Aviva is the first insurer to integrate 'Portfolio Threat Actor Intelligence' into its exposure management strategy on a recurring basis, utilizing CyberCube's 'Portfolio Threat Actor Intelligence' service and cyber analytics software.
• The collaboration enables Aviva to gain deep insights into cyber threat actors' behavior and tactics through AI-powered analysis of digital forensics data and data leaks tied to leading ransomware groups.
• Aviva will utilize Portfolio Threat Actor Intelligence on a quarterly basis, as part of creating a differentiated and more nuanced approach to portfolio risk management.
• The partnership will enhance Aviva's threat-informed underwriting and portfolio oversight capabilities, enabling the company to better manage cyber risk for both itself and its customers.
• Aviva's collaboration with CyberCube is a significant step in enhancing the company's threat-informed underwriting and portfolio oversight capabilities.

Statistics:

• Aviva has rigorously tested 'Portfolio Threat Actor Intelligence' against several ransomware groups over the past year.
• The company selected threat actors based on their relevance to Aviva's commercial portfolio and their targeting preferences.
• CyberCube's models are built on an unparalleled ecosystem of data, with extensive model calibration, internally and externally.
• CyberCube serves over 100 insurance institutions globally, making it a leader in cyber risk quantification for the insurance industry.

Sources:

• "Aviva plc" by Aviva Group. Copyright 2017 Contify.com.
• "About CyberCube" by CyberCube.
• "CyberCube and Aviva introduce a new approach to cyber exposure management" by Aviva Group.