RiskPro Partners Launches Specialized Cyber Risk Program That Puts Mortgage Industry At Ease

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In response to the increased cyber risks in the mortgage industry, RiskPro Partners has launched a specialized cyber risk program that contemplates their unique cyber exposures, increased compliance and regulatory laws.

"As cyber security continues to be an increasingly important board room concern, our cyber program will to evolve and address the concerns of the mortgage industry," said Todd Young, President, Risk Management, RiskPro Partners.

Traditional and off-the-shelf cyber risk programs have been unsuccessful in addressing the unique needs of the mortgage industry. RiskPro Partners’ CyberSafe Mortgage program supports the industry by offering a program that balances risk assessment, insurance protection and security analytics. Both Fannie Mae (Federal National Mortgage Association) and Freddie Mac (Federal Home Loan Mortgage Corporation) have encouraged the industry to better manage their cyber exposures.

CyberSafe Mortgage utilizes a range of specialty tools to help the industry with their unique cyber exposures. The risk solution includes access to an industry focused cyber insurance program, tailored for the mortgage industry, through a partnership with BDI Solutions & Services.

Additionally, through an exclusive partnership, RiskPro Partners offers access to SparkCognition, Inc. SparkCognition is the world’s first cognitive safety & security analytics company.

“As the sea of cyber risk and exposures grows for mortgage firms, we are confident our partnership with RiskPro Partners will build islands of protection that will give your mortgage firm the cyber advantage you will need when responding to confidential data breach.” says Michael Flanagan, CEO, BDI Solution & Services.

“As cyber security continues to be an increasingly important board room concern, our cyber program will continue to evolve and address the concerns of the mortgage industry.” said Todd Young, President, Risk Management, RiskPro Partners.

About RiskPro Partners’ CyberSafe Mortgage Program:
CyberSafe Mortgage is a program of RiskPro Partners. Headquartered in Dallas, RiskPro Partners offers a market leading cyber risk practice dedicated to delivering an industry focused approach to helping firms better manage their cyber exposures.

About BDI Solutions & Services:
Headquartered in Chicago, BDI provides underwriting specialties, acting as program managers on behalf of a number of Lloyd’s syndicates. BDI designs market leading cyber products, in an industry framework, to cover security & privacy liabilities. CyberSafe Mortgage dovetails cyber risk and exposure and bridges the gap of traditional policies. CyberSafe Mortgage delivers information security capability & experienced network of professionals that support firms in managing ethical obligations, contractual requirements and incident response planning.

Contact Information:
To learn more how RiskPro Partners’ CyberSafe Mortgage program can help your mortgage firm, please contact us at 512 355-7697 or visit us on the web at http://www.riskpropartners.com.

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Julie Davis
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