Guidewire Announces New RDP Exposure Signal to Assess Growing Cyber Threats
Guidewire Software, Inc. (NYSE: GWRE), the platform P&C insurers trust to engage, innovate, and grow efficiently, today announced a new Remote Desktop Protocol (RDP), Exposure Signal, for its Guidewire Cyence for Cyber product. Cyberattacks against Internet-exposed RDP servers are surging, and Exposure Signal is designed to detect on-demand whether a company’s RDP has been exposed to the internet and a potential cyberattack.
The new capability provides actionable insights that enable underwriters to develop a more comprehensive assessment of enterprise susceptibility to attack, leading to the ability to price risk appropriately and avoid adverse risk selection. In addition, Exposure Signal empowers insurers to inform their customers of a potential cyberattack so that they can take action to reduce their risk exposure by taking preventative or remediation measures.
RDP is a remote desktop solution that comes pre-installed on all Windows PCs, and is a key component of enabling remote work , which has increased dramatically since the outbreak of COVID-19. According to analysis by cybersecurity researchers at McAfee , there has been a spike in RDP ports facing the open Internet, growing from around three million in January to more than four and a half million in March.
“The RDP Exposure Signal’s insights can be very useful in driving underwriting decisions. In addition, actionable steps can be taken to reduce risk. It’s a win-win,” said Roger Arnemann, general manager and senior vice president, Analytics, Guidewire Software. “Insurers can quote the prospective customer, contingent on the finding being fixed, which gives the insured the incentive to act because it improves their cybersecurity posture and they get a better rate.”
As a leading platform provider for the P&C insurance industry that specializes in helping customers assess cyber risk, Guidewire is uniquely positioned to quickly add new exposure signals that are correlated to cyber risk. “Guidewire Cyence for Cyber (via the new Exposure Signal addition), can detect whether a company’s RDP has been exposed to the public internet, leaving those companies open to cyberattack,” said Paul Mang, chief innovation officer, Guidewire Software. “Exposure Signal is a very innovative and forward-thinking addition to our cyber data model that will benefit insurers and their customers.”
About Guidewire Software
Guidewire is the platform P&C insurers trust to engage, innovate, and grow efficiently. We combine digital, core, analytics, and AI to deliver our platform as a cloud service. More than 400 insurers, from new ventures to the largest and most complex in the world, run on Guidewire.
As a partner to our customers, we continually evolve to enable their success. We are proud of our unparalleled implementation track record, with 1,000+ successful projects, supported by the largest R&D team and partner ecosystem in the industry. Our marketplace provides hundreds of applications that accelerate integration, localization, and innovation.
NOTE: For information about Guidewire’s trademarks, visit https://www.guidewire.com/legal-notices .
About Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
NY-INX-LIMITED30.10.2020 14:02:12 CET | Press release
INX Applies for Listing on the Canadian Securities Exchange (CSE)
CA-VERACYTE,-INC.30.10.2020 13:17:09 CET | Press release
Veracyte Announces New Data Published in Journal of Clinical Oncology Suggest the Prosigna Breast Cancer Test’s Genomic Underpinning Drives Prognostic Performance
COUNTERPOINT-RESEARCH30.10.2020 12:57:08 CET | Press release
Global Smartphone Market Shows Signs of Recovery in Q3
URBAN-2030.10.2020 11:07:09 CET | Press release
On the Occasion of UN World Cities Day, Urban 20 (U20) Engagement Group of the G20, Announces the Creation of a “Global Urban Resilience Fund” in Response to COVID-19
CGTN30.10.2020 04:15:07 CET | Press release
CGTN: Challenges, Goals and Proposals From Communique of China's Ruling Party Plenum
HKTDC30.10.2020 02:13:05 CET | Press release
HKTDC Autumn Sourcing Week | ONLINE Opens in Nov
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.Visit our pressroom