September 20, 2016 – In a first-of-its-kind partnership, Dimension Data (Malaysia) Sdn Bhd and AIG Malaysia Insurance Berhad signed a Memorandum of Understanding (MOU) to offer their clients more extensive end-to-end cyber security protection tailored to their risk profiles.

This pilot partnership to provide end-to-end cyber security protection combines the cyber security capabilities of Dimension Data, and AIG’s CyberEdge insurance. Dimension Data will assess the risk level of an organisation’s IT systems, while AIG provides the insurance coverage, access to tools, and best practices to increase their security posture.

 

How Will The Dimension Data – AIG Cyber Security Protection Work?

In this video, Guido Crucq, General Manager (Security Solutions Business Unit) of Dimension Data Asia Pacific, gives a short presentation on cyber security protection, and how Dimension Data can help AIG’s clients reduce risk and cost of insurance.

Next, Jason Kelly, Head of Liabilities & Financial Lines of AIG Asia Pacific, explains the rationale behind the AIG CyberEdge insurance, and how Dimension Data can help reduce its cost for companies.

Finally, Dr. Amirudin from CyberSecurity Malaysia gave a presentation on the Malaysian perspective of cybersecurity.

This joint effort is a response to requests from AIG clients for a more comprehensive risk management approach that includes the assessment of risks. With Dimension Data’s assessment in hand, AIG can better customise the right protection plan to meet the requirements of their clients. AIG clients can also use Dimension Data’s assessment to effect necessary cybersecurity changes to reduce their insurance premiums.

Recent statistics from CyberSecurity Malaysia, the national cyber security specialist agency under the Ministry of Science, Technology and Innovation (MOSTI), showed that in 2015, Malaysia reported a total of 27 million cases involving Botnets. Botnets are a number of computers that have been set up to forward transmissions, which include spam or viruses, to other computers on the internet.

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