Last Monday, Apple Inc., Cisco Systems Inc, Allianz SE, and insurance broker Aon Plc., announced that they will be teaming up to provide discounts on cyber insurance to companies who use hardware from both companies.

According to Jason Hogg of Aon Cyber Solutions, the offering will help businesses streamline their cyber security which is often “siloed” due to the separation of roles of each department.

Businesses that are able to fortify their cyber security using the product may be able to get more favorable coverage terms such as lower or zero deductibles, and support services in the event of an attack.    

Source: Reuters

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