HPE Cybersecurity Solutions Recognized for Ability to Reduce Risk By Insurers in New Cyber Catalyst Program

2019 OCT 04 (NewsRx) -- By a News Reporter-Staff News Editor at Insurance Daily News -- Hewlett Packard Enterprise (HPE) announced that its cybersecurity solutions, the HPE-exclusive silicon root of trust and the Aruba Policy Enforcement Firewall (PEF), have been recognized for their ability to reduce risk by insurers in the Cyber CatalystSM program created by Marsh, a global leader in insurance broking and risk management. Cyber Catalyst is Marsh’s new cybersecurity evaluation program that enables customers that adopt designated technologies to be considered for enhanced terms and conditions on cyber insurance policies from participating insurers.

The average cost of cybercrime for an organization is $13 million, according to a recent report by Accenture. Cyber insurers, with extensive experience in responding to catastrophic and costly cyber events, are constantly searching for effective ways to help businesses strengthen their security position.

The Cyber Catalyst program brings together eight of the world’s leading cyber insurers to evaluate cybersecurity products and services and identify those solutions they believe can be effective at improving cybersecurity posture and reducing cyber risk. The program followed a rigorous, multi-stage evaluation process in which each of the participating insurers assessed cybersecurity solutions’ ability to address major risks like data breach, business interruption, data theft or corruption, and cyber extortion. A majority voted to designate the following HPE cybersecurity offerings as Cyber Catalyst solutions: HPE-exclusive silicon root of trust: HPE provides the only industry-standard servers with a silicon root of trust capability built into the hardware, which prevents compromised firmware code from executing. The HPE Silicon Root of Trust is offered on HPE ProLiant servers, HPE Apollo systems, HPE Synergy Compute Modules, and HPE SimpliVity. Aruba Policy Enforcement Firewall: The Aruba Policy Enforcement Firewall thwarts unauthorized access to valuable or sensitive data through role-based user, device and application policies, and is an integral part of HPE’s strategy to provide a zero trust boundary at time of network access.

“Cyber threats can severely cripple and halt businesses. We put security at the heart of our offerings, extending data protection for our customers from the edge to cloud,” said Gary Campbell, Security CTO at Hewlett Packard Enterprise. “By engaging with Marsh on its Cyber Catalyst program, and having the HPE-exclusive silicon root of trust and Aruba Policy Enforcement Firewall meet their stringent standards, we’re providing a higher level of assurance to customers to protect their assets and minimize attack exposure.”

“In the highly complex cybersecurity marketplace, the Cyber Catalyst program gives business leaders greater clarity and confidence in their cybersecurity choices,” said Tom Reagan, US Cyber Practice Leader at Marsh, which created the Cyber Catalyst program. “We’re excited to showcase leading-edge solutions like the HPE-exclusive silicon root of trust and Aruba Policy Enforcement Firewall, which were identified by participating insurers as able to have a meaningful impact on cyber risk.” Additional resources Blog: “Cyber Catalyst by Marsh Designation for Aruba Policy Enforcement Firewall and HPE Silicon Root of Trust Enables Organizations to Reduce Risk” by Larry Lunetta, vice president of Marketing, Security Solutions at Aruba, a Hewlett Packard Enterprise company iLO 5 Chip with Silicon Root of Trust Protects Servers from Attacks [VIDEO] About Hewlett Packard Enterprise Hewlett Packard Enterprise is a global technology leader focused on developing intelligent solutions that allow customers to capture, analyze, and act upon data seamlessly from edge to cloud. HPE enables customers to accelerate business outcomes by driving new business models, creating new customer and employee experiences, and increasing operational efficiency today and into the future. View source version on businesswire.com: https://www.businesswire.com/news/home/20190925005351/en/

(Our reports deliver fact-based news of research and discoveries from around the world.)