Travelers Publishes Cyber Threat Report Highlighting an Increase in Ransomware Activity
Groups use repeat tactics as attacks reach record levels in the fourth quarter of 2024. Read the full press release here.
New CISO appointment also strengthens the company’s efforts in combating cyber risks.
BOSTON (July 1, 2021) -- Corvus Insurance, the leading provider of smart commercial insurance products powered by AI-driven risk data, today announced vCISO Services, an expansion of its “virtual CISO,” or vCISO, offering that includes a suite of consultative sessions with Corvus security partners at a reduced cost, each aimed at helping organizations dig deeper into specific security issues. Corvus also announced the appointment of Jason Rebholz as Chief Information Security Officer.
Offered as the latest enhancement of Corvus’s vCISO digital policyholder experience, vCISO Services is the company’s newest effort to help better protect organizations against ransomware and other cyber attacks. With an increasingly saturated market for cybersecurity tools and services, organizations face difficult decisions, with each vendor offering something slightly different than the last with varying price points and benefits. With vCISO Services, Corvus's in-house security team consults with policyholders to help them better protect their systems and build more resilient infrastructure. The Corvus team then helps policyholders select solutions for their unique environment and connects them to top cybersecurity providers at a reduced rate, including MOXFIVE, RED SKY Consulting, SentinelOne®, and Tetra Defense.
“vCISO Services represents our company’s latest push to provide new and cost-effective ways for businesses to explore their cybersecurity options, find the best provider to meet their needs, and strengthen their systems against cyberattacks,” said Phil Edmundson, Founder and CEO of Corvus Insurance. “We are proud to be partnering with the best vendors in the market to extend our efforts in making the world a safer place.”
Additionally, Corvus announced the appointment of Jason Rebholz as the company’s Chief Information Security Officer. With over a decade of experience helping organizations respond to security incidents and build more secure and resilient environments, Rebholz plans to leverage his technology and infrastructure knowledge and expertise to drive better organizational risk mitigation and empower data-driven decision-making. Following roles at Mandiant, The Crypsis Group, and Gigamon, Rebholz was most recently building and leading business recovery and resiliency services at MOXFIVE to support ransomware victims and other cyber incidents.
“The cybersecurity landscape is at an interesting inflection point, specifically with the spotlight on ransomware and high-profile government takedowns against ransomware groups and their infrastructure,” said Rebholz. “I believe that Corvus is uniquely positioned to be the leader in building and deploying forward-thinking solutions to businesses to help mitigate the impact of current and future cyber incidents, and I’m honored and excited to join such a dedicated team and culture focused on a steadfast mission.”
To learn more about Corvus, its expanded vCISO offering, and its partnerships with top security service providers, please visit http://www.corvusinsurance.com.
View the original press release on BusinessWire.
Corvus Insurance, a wholly owned subsidiary of The Travelers Companies, Inc., is building a safer world through insurance products that help to reduce cyber risk for policyholders. Corvus Insurance's Smart Cyber Insurance® and Smart Tech E+O® products include broad coverage, in-house claims handling, and risk prevention services that help prevent cyberattacks through threat alerts for policyholders and the partnership of our in-house cybersecurity experts.
Corvus Insurance offers insurance products in the U.S., Middle East, Europe, Canada, and Australia. Corvus Insurance and Corvus Germany are the marketing names used to refer to Corvus Insurance Agency, LLC; Corvus Agency Limited; and Corvus Underwriting GmbH. All entities are subsidiaries of Corvus Insurance Holdings, LLC. For more information, visit corvusinsurance.com.
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Kerry Pillion, 908.447.1708