Google Cloud, Allianz Global Corporate and Specialty (AGCS), and Munich Re are pairing up to make cyber insurance more mainstream and embed it into cloud services. ZDNet Recommends The best cyber insurance The cyber insurance industry is likely to go mainstream and is a simple cost of doing business. Here are a few options to consider. Read More The partnership comes as it becomes increasingly clear that cyber insurance is going to play a role in enterprises of all sizes. Specifically, the trio of companies is launching the Risk Protection Program. Also: What is cyber insurance? Everything you need to know The Risk Protection Program aims to cut cloud security risks and offer cyber insurance designed for Google Cloud customers. What’s notable about the program is that cyber insurance, which is evolving, could become more mainstream should it be resold via technology providers. Sunil Potti, general manager and vice president of Google Cloud Security, said that the partnership with Allianz and Munich Re has been “in the works for a few years.” Potti added that cyber insurance is an effort to turn the concept of shared responsibility of security into shared fate. “This is the first down payment on that… Read full this story
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