Apple and Cisco join hands to offer cybersecurity insurance discounts

Cupertino-based technology giant Apple is teaming up with Cisco Systems for offering discounts on cybersecurity insurance premiums to organizations and businesses that use products from both the companies.

Apple CEO Tim Cook made a surprise appearance at Cisco Live 2017, sharing the stage with Cisco CEO Chuck Robbins to detail how the partnership between the two companies is set to grow even further.

Majority of the users consider Apple’s iOS to be the most secure mobile operating system. According to the two companies, if Apple devices are integrated with Cisco’s networks, no other device would be able to compete with them in terms of security.

Tim Cook said, “The thinking we share here is that if your enterprise or company is using Cisco and Apple, the combination of these should make that insurance cost significantly less. This is something we’re going to spend some energy on. You should reap that benefit.”

In a company blog post, Cisco said that they are collaborating with insurance industry heavyweights to lead the way in developing the architecture that enables cyber insurance providers to offer more robust policies to their customers. They further said that they will do this by enabling continuous security monitoring and a measurable reference architecture that includes technologies from Apple and Cisco.

Apple, which has maintained its position among the top players in the global smartphone market, has been pushing into the enterprise sector for quite some time now. Its partnerships with IBM, Cisco Systems and SAP indicate the same.

The company’s CEO Tim Cook also threw light on how Apple began getting involved with businesses.

He said, “We thought, looking at the enterprise, people were spending tons of money. But when you looked at the user experience, it wasn’t very good. So we thought we could bring Apple’s legendary ease-of-use and simplicity to the enterprise and really change the way people work.”

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