Aruba, a Hewlett Packard Enterprise company, has announced that its ClearPass family of identity-based access control security solutions has been recognised for its ability to reduce risk by insurers in the Cyber Catalyst programme created by Marsh, an insurance broking and risk management. Cyber Catalyst by Marsh is a cybersecurity evaluation programme in which participating insurers independently evaluate cybersecurity products and solutions to identify those that they believe have the ability to reduce cyber risk.
Developed with the goal of helping organisations make informed decisions about cybersecurity products, the Cyber Catalyst programme enables customers that adopt designated technologies to be considered for enhanced terms and conditions on cyber insurance policies from participating insurers. Aruba ClearPass joins Aruba Policy Enforcement Firewall, PEF, which received the designation in 2019, marking the second time in a row that Aruba security solutions have been recognised. Now, with both ClearPass and PEF having received the Cyber Catalyst designation, customers have an integrated identity-based network access control solution that is the foundation for both Zero Trust and Security Access Service Edge, SASE, frameworks.
According to the Cyber Catalyst 2020 Risk Outlook report published by Marsh, the global cost of cybercrime is estimated at $1 trillion, with cybersecurity spending forecast to reach $230 billion in 2025. With all of this at stake and thousands of products flooding the cybersecurity marketplace, organisations are looking for clarity and guidance from a reliable source that understands risk and the constantly morphing risk landscape. Since insurers are often called upon to respond to costly, catastrophic cyber events, they possess valuable insight into how best to protect an organisation’s assets.
“The Cyber Catalyst designation signals that leading insurers believe Aruba ClearPass can help reduce cyber risk, and strongly merits consideration by organisations who seek solutions that yield meaningful improvements in cyber risk outcomes,” said Tom Reagan, US Cyber Practice leader at Marsh. “This class of Cyber Catalyst solutions are designed to address the cyber risks that organisations face today and, together with the 2019 designees, comprise a roster of more than 30 cybersecurity products insurers believe can be highly effective against cyber threats.”