How Is VIG’s CyRiSo Initiative Enhancing Cybersecurity for SMEs?

November 20, 2024

Vienna Insurance Group (VIG), a leading insurance firm in Central and Eastern Europe, has introduced a new initiative called CyRiSo aimed at supporting small and medium-sized enterprises (SMEs) in managing and mitigating cyber risks. This development comes in response to mounting global concerns over cyber insecurity, with the World Economic Forum’s Global Risks Report 2024 highlighting cyber threats as one of the top four global risks. CyRiSo exemplifies VIG’s commitment to not only providing insurance but also delivering expert services to bolster cyber resilience among their corporate clients.

Given the increasing frequency and complexity of cyber attacks, CyRiSo aims to be an essential resource for SMEs that may lack the necessary expertise or resources to combat these threats effectively. As part of its service offering, CyRiSo provides personalized consulting and managed cybersecurity services, including risk assessments, security audits, crisis management, and continuous data protection. Emphasizing ransomware prevention, the initiative implements both technical and organizational countermeasures and offers recovery testing and training to better equip businesses for potential cyber incidents.

Pioneering Cybersecurity Solutions for SMEs

Vienna Insurance Group (VIG), a leading insurer in Central and Eastern Europe, has launched CyRiSo, a new initiative designed to help small and medium-sized enterprises (SMEs) manage and reduce cyber risks. This initiative addresses growing global concerns about cyber insecurity, with the World Economic Forum’s Global Risks Report 2024 identifying cyber threats as one of the top four global risks. CyRiSo demonstrates VIG’s dedication to not only providing insurance but also offering expert services to enhance cyber resilience among its corporate clients.

Given the rising frequency and complexity of cyber attacks, CyRiSo aims to be a crucial resource for SMEs that may lack the expertise or resources to effectively tackle these threats. The initiative offers personalized consulting and managed cybersecurity services, such as risk assessments, security audits, crisis management, and ongoing data protection. With a strong focus on ransomware prevention, CyRiSo incorporates both technical and organizational measures, while also offering recovery testing and training to better prepare businesses for potential cyber incidents.

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