Google is teaming up with two global insurers to cover cyber breaches and related risks for businesses that use its cloud services, the first time a major provider has opened up such insurance to its clients, the companies said on Tuesday. Major insurers have been treading carefully on cyber risks for years, but the tie-up between Google, Allianz and Munich Re gives the insurers special access to data to see what controls are in place at client firms to help them price the… Source link
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FILE PHOTO: The Google name is displayed outside the company’s office in London, Britain November 1, 2018. REUTERS/Toby Melville FRANKFURT (Reuters) – Google is teaming up with two global insurers to cover cyber breaches and related risks for businesses that use its cloud services, the first time a major provider has opened up such insurance to its clients, the companies said on Tuesday. Major insurers have been treading carefully on cyber risks for years, but the tie-up between Google,… Source link
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