News Release
« Back
S&P Global Ratings360™ to Include Cyber Risk Insights from Guidewire Software’s Cyence Risk Analytics
Products to enhance market transparency for S&P Global Ratings’ customers
Cybersecurity is a growing component of business risk, and cyber
breaches have the potential to result in very real, material business
disruptions, financial losses, and reputational risk to companies.
Cybercrimes are widely estimated to cost between
To provide additional transparency in this area, S&P Global Ratings’ insights and data on companies will be enhanced with cyber risk intelligence from Guidewire Cyence Risk Analytics, which offers unique insights through a proprietary combination of internet-scale data collection, adaptive machine learning, and economic risk modeling.
Cyence data uniquely examines the holistic cyber risk spanning people,
process and technology, powering S&P Global’s Ratings360TM
to provide companies with more robust cyber knowledge and greater market
transparency. Assessing cyber risk is an integral part of today’s
business practices, and working with Cyence demonstrates
* IMF
2017 Working Paper - Cyber Risk, Market Failures, and Financial Stability,
by
About S&P Global Ratings
S&P Global Ratings is a leading provider of independent credit ratings. Our ratings are essential to driving growth, providing transparency and helping educate market participants so they can make decisions with confidence. We have more than 1 million credit ratings outstanding on government, corporate, financial sector and structured finance entities and securities. We offer an independent view of the market built on a unique combination of broad perspective and local insight. We provide our opinions and research about relative credit risk; market participants gain independent information to help support the growth of transparent, liquid debt markets worldwide.
S&P Global Ratings is a division of
About Guidewire Cyence Risk Analytics
Guidewire Cyence Risk Analytics are data listening and risk analytics products focused on understanding and modeling new and evolving 21st century risks. By combining internet-scale data collection, adaptive machine learning, and insurance risk modeling, Cyence Risk Analytics provides insights that help companies face new risks, take advantage of new opportunities, and develop new products. To learn more about Cyence Risk Analytics, please visit www.cyence.net.
About
Guidewire delivers the software that Property and Casualty (P&C) industry participants need to adapt and succeed in a time of rapid industry change. We combine three elements – core operations, data and analytics, and digital engagement – into a technology platform that enhances insurers’ ability to engage and empower their customers and employees. More than 300 P&C insurers around the world have selected Guidewire. For more information, please visit www.guidewire.com. Follow us on twitter: @Guidewire_PandC.
NOTE: Guidewire,
View source version on businesswire.com: http://www.businesswire.com/news/home/20180216005674/en/
Source:
S&P Global Ratings
John Piecuch, +1 212-438-1579
Head of
External Communications
john.piecuch@spglobal.com
or
Guidewire
Software
Diana Stott, +1 650-356-4941
Director, Communications
dstott@guidewire.com