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Save on Cyber Insurance with Apple & Cisco

This just in from TechCrunch:

Apple and Cisco announced this morning a new deal with insurer Allianz that will allow businesses with their technology products to receive better terms on their cyber insurance coverage, including lower deductibles – or even no deductibles, in some cases. Allianz said it made the decision to offer these better terms after evaluating the technical foundation of Apple and Cisco’s products, like Cisco’s Ransomware Defense and Apple’s iPhone, iPad and Mac.

There is no question in my mind that Apple is inherently more secure than Android, Windows and other technologies. The operative word here, however, is “more” since there really isn’t any truly secure device. Or security is only as good as what we each are savvy enough NOT to do…like clicking on links in emails, inadvertently trusting a website that’s actually a phishing scam, and so on.

That announcement in Apple’s newsroom includes Aon as well: Cisco, Apple, Aon and Allianz today announced a new cyber risk management solution for businesses, comprised of cyber resilience evaluation services from Aon, the most secure technology from Cisco and Apple, and options for enhanced cyber insurance coverage from Allianz.

This is good in many ways but sure won’t hurt Apple and Cisco’s businesses, that’s for certain.

About Steve Borsch

I'm CEO of Marketing Directions, Inc., a trend forecasting, consulting and publishing firm in Minnesota. Prior to that I was Vice President, Strategic Alliances at Lawson Software in St. Paul where I was responsible for all partnerships at this major vendor of enterprise resource planning software products and services. Read more about me here unless you're already weary of me telling you how incredible and awesome I am.

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