Markel Adds Cybersecurity Risk Management Tool to Cyber Products

Markel has launched a risk management tool for its cyber policyholders. The new WhiteHaX testing and reporting tool simulates cybersecurity breaches and assesses the readiness of deployed security infrastructure and software. It is designed to be especially useful for small-to-medium size businesses.

WhiteHaX is a cloud-hosted, dedicated platform developed by IronSDN Corp., a Silicon Valley start-up with a veteran team of experts from security companies such as Symantec, Cisco, McAfee, and others.

According to Vimal Vaidya, CEO of IronSDN, WhiteHaX is a no-install, no-impact, under 15-minute cyber verification product which can identify weaknesses in security controls and products.

“By verifying their security posture periodically with WhiteHaX, Markel’s cyber-insured customers will be able to gradually improve their security posture and stay up-to-date against dangerous cyber threats,” he said.

Markel is a financial holding company serving a variety of niche markets. The company’s principal business markets and underwrites specialty insurance products