CyberArk (NASDAQ: CYBR) and CNA, one of the largest U.S. commercial property and casualty insurance companies, today introduced the first cybersecurity insurance offering that prioritizes privileged access security to reduce business risk.
CNA selected CyberArk to provide its policyholders with access to a range of world-class services that will improve education and awareness about privileged access-related risk. This includes tools to identify where the riskiest accounts and credentials exist within an organization and guidance for prioritizing protection and management of privileged access to improve security and compliance.
“The costs of data breaches caused by malicious attackers, human error or simple technology glitches have never been higher,” said Andrew Lea, vice president, head of Commercial E&O, Cyber & Media Liability, CNA. “We understand that privileged access security significantly reduces risk, and we want to make sure CNA policyholders have access to the best services and technology the industry has to offer. CyberArk is an industry leader in privileged access security and offers a depth of experience and expertise that will deliver great value to our policyholders.”
CyberArk PR Here