Google Cloud, Munich Re and Allianz Global Corporate Specialty (AGCS) announced the Risk Protection Program, a first-of-its-kind collaboration between a major cloud provider and leading cyber insurance companies.
The Risk Protection Program is designed to help customers reduce cloud security risk and in turn potentially reduce costs by connecting with two of the world’s leading insurers for specialized and enhanced cyber insurance designed exclusively for Google Cloud customers.
As the use of cloud services increases, expanding to sensitive workloads and new data types, customers more than ever need assurances that their use of cloud services is integrated tightly into their overall risk management program.
This level of trust is no longer a nice to have, it’s essential for helping more businesses adopt cloud technologies.
Getting security right in the cloud requires expertise and detailed care. For too long, customers have been responsible for building effective cloud security programs on their own.
The result is that enterprises have viewed the cloud as a risk to be managed instead of a platform for managing risk.
Customers using Google’s Trusted Cloud will be empowered to move beyond the legacy model of shared responsibility to a new model of shared fate, which includes detailed guidance to optimize security in the cloud, tools to manage ongoing security and compliance requirements, and now simplified access to cyber insurance with pricing directly linked to a strong security posture.
“The benefits of adopting cloud technologies are too compelling for today’s enterprises and we are committed to removing the barriers that prevent th ..