"Our platform provides insurance underwriters a means to reliably and accurately determine the cyber risk class of U.S. critical assets using our objective, standards-based methodology for assessing holistic enterprise security."
Washington, D.C. (PRWEB) March 11, 2014
Washington, D.C.-based Tailored Solutions & Consulting Inc. (TSC), an innovator in enterprise security intelligence specializing in intellectual asset and trade secret protection, today announced the integration of its patented Threat Vector Manager™ (TVM) platform with a new cyber insurance policy for U.S. critical assets led by Lloyd’s of London.
"As discussed in Executive Order 13636, the cyber threat to U.S. critical infrastructure represents a growing and persistent challenge to the national and economic security of the United States,” said Sean Doherty, President of TSC. “As a first of its kind, we are excited to pioneer incentives for private industry’s partnership with public sector cyber security initiatives. Our platform provides insurance underwriters a means to reliably and accurately determine the cyber risk class of U.S. critical assets using our objective, standards-based methodology for assessing holistic enterprise security."
TSC's platform will assist London and international underwriters to optimize their pre-binding process through incorporation of TVM’s™ Enterprise Security Assessment component. TSC's methodology is trusted to deliver objective, baseline measurement of holistic vulnerabilities across six domains while examining threat vectors both internal and external. With TVM™, underwriters will be afforded contextual awareness of the potential insured’s security posture -- not a mere audit -- as well as a clear understanding of strengths, weaknesses, and associated risks of loss.
"In an age of growing and sophisticated cyber attacks as well as threats emanating from insiders, it is essential all organizations ensure a proactive and holistic approach to their security," Doherty said. "Rather than spending money on theory, companies will be receiving objective, real-world risk assessment that will enable them to obtain appropriate insurance for their particular risks, and thereby reducing the cost of implementing Executive Order 13636 and PPD-21," he said.
TSC is defining the Intellectual Asset Protection market. The company stands apart with its patented Threat Vector Manager™ (TVM) framework, a holistic knowledge management process that identifies trends, patterns, and areas of elevated risk in order to prevent and reduce risk in organizations from within six domains: Insider Threat, Data Security, Mobility, Physical Security, and Internal/External Business Operations. TSC provides value-based enterprise security intelligence solutions to organizations ranging from innovative start-ups to members of the Fortune 500 and the U.S. public sector.