Zurich swoops for cyber counterintelligence firm
– Insurance Business America
The Swiss insurer Zurich has just acquired a cyber counterintelligence firm called ClearSky Security. The Israeli firm was established in 2014 and specializes in helping organizations and governments detect and mitigate threats from adversaries such as nation-states, organized crime, and terrorist groups. ClearSky Security provides threat intelligence, early-warning and rapid response capabilities, and cutting-edge solutions. Through its unique research and analysis process it enables customers to more effectively identify, detect and monitor malicious activities. The acquisition will enable Zurich to further strengthen its cyber security capabilities and expand its portfolio of offerings. Zurich will be able to use ClearSkyâs intelligence and technology to help protect its customersâ digital assets, data, and networks. It will also be able to offer consulting services and crisis management to customers. The competitive environment for cyber security solutions continues to heat up and this acquisition will bolster Zurichâs position in the market. It marks the insurerâs second acquisition in the space in recent months and signals its commitment to helping protect its customers from the growing number of cyber threats.
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