June 27, 2024 at 06:47PM
Beazley Security, a newly launched cyber-risk management company resulting from a merger between Beazley’s cyber services and Lodestone, will integrate risk management services with technical cybersecurity services. Led by CEO Alton Kizziah and reporting to Beazley’s head of cyber risks, the company will provide integrated cyber preparedness and response capabilities, including a managed extended detection and response (MXDR) service.
From the meeting notes, the key takeaways are:
1. Beazley Security has gone live as a merger between Beazley’s in-house cybersecurity services team and its cyber security company, Lodestone, resulting in an integrated cyber-risk management company.
2. The company will offer a new managed extended detection and response (MXDR) service as part of its portfolio of services.
3. Beazley Security plans to integrate risk management services from Beazley’s cyber insurance policy with Lodestone’s technical cybersecurity services, providing integrated cyber preparedness and response capabilities.
4. Other core offerings will include professional services for defense against cyberattacks, incident response, forensics, and restoration after an attack.
5. The MXDR service will provide always-on monitoring and advanced capabilities to rapidly identify and contain threats.
6. Alton Kizziah, CEO of Lodestone, will lead Beazley Security and report to Paul Bantick, Beazley’s global head of cyber risks.