“As the leader in cyber risk governance, we are excited to provide Lockton’s clients this high value service to establish an internal control system to manage cyber risk,” Michael Shultz, CEO of Cybernance, said. “Lockton clients will see immediate benefits from insights gained on how to integrate cyber risk controls across the enterprise. Client and broker can then engage in meaningful discussion about risk mitigation."
The web-based Cybernance Platform is now open to Lockton clients and "will enable companies to assess, measure and report” on their organization's cybersecurity, Lockton said.
The software will be operational a few weeks after installation, Lockton said.
“Lockton is delighted to welcome Cybernance as one of our key team members as we continue to invest in the best resources to address our clients’ cyber security concerns,” Ben Beeson, cyber risk practice leader for Lockton, said. “The Cybernance platform will help Lockton clients assess their cyber security posture in real time relative to the NIST Cyber Security Framework as well as the imminent New York Department of Financial Services Cyber Security Regulation.”