CyberCube, a supplier of cyber risk analytics, has developed CAERS, a new cyber incident response service for customers of the company's SaaS products.
CyberCube will collaborate with Kroll, the premier supplier of data, technology, and insights linked to risk, governance, and growth, to offer CyberCube's customers information and assistance on important cyber aggregation events via the Cyber Aggregation Event Response Service (CAERS). Kroll will deliver frontline risk information derived from thousands of incident response cases handled each year.
Following a large cyber disaster, the CAERS team will provide the most recent information to CyberCube's customers, while CyberCube's SaaS tools, including Broker Manager, Account Manager, and Portfolio Manager, will aid in the reaction to any developing cyber calamity.
“With cyber events becoming increasingly common, the speed and accuracy with which organisations respond to them is critical. That’s why we’ve launched this response service, specifically tailored to CyberCube’s growing client base. The pressure on our clients during a major cyberattack can be extreme. With CAERS, our team—comprising data scientists, actuaries, engineers, economists and cyber security experts—will become an extension of our clients’ teams, providing the updates they need and sharing both our expertise and data.”
Darren Thomson, CyberCube’s Head of Cyber Intelligence Services
Benedetto Demonte, Chief Operating Officer for Kroll’s Cyber Risk practice, said: “We’re pleased to be contributing to CAERS because effective incident response depends on the most current and relevant threat intelligence available. In our most recent Threat Landscape Report, we saw a 356% growth in the number of attacks quarter-on-quarter where the infection vector was a zero-day or freshly announced software exploit. Ransomware groups have also been found to be leveraging newly announced vulnerabilities just days after release. It is only with access to frontline intelligence that firms can prioritize resources, mitigate the risk of a cyberattack and react appropriately if the worst happens.”