BlackBerry (NASDAQ:BBRY; TSX:BB) has announced it is expanding its channels of distribution through a new initiative with Allied World Assurance Company Holdings, AG (NYSE:AWH).
As quoted in the press release:
As part of the agreement, Allied World will provide its cyber policyholders with direct access to BlackBerry’s cybersecurity expertise through an online self-assessment tool that will identify areas of weakness. BlackBerry will then work to improve the policyholder’s security posture by providing its cybersecurity products and services – ultimately helping Allied World and its clients reduce risk.
“This agreement with Allied World will allow us to expand our channel reach and help policyholders be BlackBerry Secure,” said Marty Beard, Chief Operating Officer, BlackBerry. “Allied World is a leader when it comes to providing innovative services to help its cyber policyholders manage their risk. We look forward to providing their clients with our mobile-native approach to security that addresses the entire enterprise from endpoint to endpoint, while at the same time growing our footprint in the insurance industry.”
The new BlackBerry SHIELD self-assessment tool will be available mid-May to cyber policyholders via the Allied World // FrameWRX(SM) (“FrameWRX”), a cyber risk management solution designed to empower its U.S. clients to address exposure head on. Once the assessment is completed, BlackBerry can provide clients with a range of services such as the following:
- simulate a real-world attack by connecting devices to BlackBerry’s test wireless network;
- carry out unauthenticated attacks against the device to simulate a device being stolen;
- examine the mobile device from an authenticated perspective to determine if access to sensitive data is possible; or
- attempt to subvert operating system controls, access data stored on the devices and compromise the client network.