Cyber & Technology

Cyber & Technology

A complete solution to inform, improve, and insure cyber and privacy risk.

A Custom Approach

    We design cyber risk management solutions that are customized to your unique organization, based on your specific exposures, risk tolerance and preferences. Rather than trying to apply a rigid model to your organization, we tailor our methods to fit your needs.

    We are committed to the highest standards of excellence in the delivery of our services to ensure an informed decision-making process that aligns with your organization’s goals and objectives.

    The Lockton Difference

    • Global resources that feel personal: Despite our global size and scale, we build relationships with each of our clients. We take time to understand their business through thoughtful and collaborative conversations to build innovative risk management and insurance solutions specifically customized to fit their needs.

    • Independence and a commitment to clients: Lockton is privately owned and independent. That means clients — not shareholders — come first. We have the freedom to be a strong, flexible advocate for you, always acting in your best interest, offering new and innovative solutions and creating an entirely different dynamic — one that’s focused on making a recognizable difference in your business.

    • Relationships and partnerships: We respect, value and nurture our relationships with clients, insurers and third-party advisors. Lockton has built strategic alliances with cybersecurity firms and insurer partners across the globe to develop comprehensive and bespoke cyber risk solutions that can benefit our clients.

    • Superior talent: Our most valuable assets are our employees. We pride ourselves on our highly ethical, moral and caring culture — and on recruiting the industry’s best talent. Our team of over 100 Associates specializing in cyber risk management are passionate about delivering unparalleled service. This broking team is supported by claims experts and former security practitioners who have deep, varied experience and are highly proficient in both insurance and cyber risk management, enabling them to deliver guidance tailored to each client’s organizational objective.

    Inform, Improve, and Insure

    A sound cyber risk management plan protects your balance sheet, preserves your reputation and enables growth in your organization. That’s exactly what Lockton’s three step approach is designed to accomplish.

    Inform

    We create custom enterprise risk strategies to fit your cybersecurity goals by understanding your business operations and using analytics to quantify the financial impact of a cyber event. We also monitor how others in your industry view their risks to inform decisions about transferring cyber risk to insurance products and strengthen your cybersecurity defenses. 

    Improve 

    We offer tailored recommendations to improve your risk posture and build resilience. We can review your current cybersecurity posture, educate your employees, design and perform incident response exercises, help support the creation of a security governance framework, and establish policies and protocols around cyber hygiene and security. We strategically coordinate with insurers and partners to determine the best solution for your goals.

    Insure

    We develop insurance solutions that fit your individual risk and potential exposures, negotiate favorable coverage terms, and provide an extra layer of protection. We work with specialized counterparts to ensure complete and coordinated coverage. Our team is with you every step of the way, guiding your organization through the entire claim life cycle. 

    Latest News & Insights

    Get the latest news and insights from Cyber & Technology

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    Articles

    Protecting your business from IT outages

    IT outages such as the one involving CrowdStrike are likely to occur more often in the future. Businesses can prepare for such events by quantifying their cyber risk, creating plans that the downtime of critical functions, and securing effective cyb …

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    Articles

    Adapting to Regulatory Shifts: How States Are Reshaping App-Based Transportation and Deliv …

    Transportation network companies (TNCs) and delivery network companies (DNCs) have transformed the way people, packages and food move through urban and suburban environments by leveraging mobile technology to connect consumers with drivers using thei …

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    News

    Lockton bolsters Cyber & Technology Practice with appointment of market-leading cyber risk …

    Lockton, the world’s largest privately held independent insurance brokerage, today announced that Brendan Fitzpatrick has joined the firm’s Cyber & Technology Practice as the new Vice President, Cyber Risk Consultant. Fitzpatrick brings to Lockton ne …

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    News

    Lockton strengthens Cyber & Technology team with the addition of Chuck Jainchill as U.S. C …

    Lockton, the world’s largest independent insurance broker, is pleased to announce that Chuck Jainchill has joined as U.S. Cyber & Technology Product Leader. In this critical role, he will lead Lockton's efforts in all aspects of cyber and technology  …

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    Articles

    How the GDPR has shaped U.S. privacy regulation and cyber risk management

    As it was debated, passed and enacted, many observers used lofty terms to characterize the European Union’s General Data Protection Regulation (GDPR): “historic,” “landmark,” “game-changing.” With the GDPR turning five years old this month, it’s fair …

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    Articles

    Tax Season: Cybersecurity Dos & Don'ts For Businesses

    As Tax Day approaches, cybercriminals may prey on anxieties and upcoming deadlines to target and deceive individuals, businesses, and government entities. According to data collected by the Federal Trade Commission’s Consumer Sentinel Network, 2.4 mi …

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    Get in touch with the Cyber & Technology Team

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    Michelle Faylo

    EVP, U.S. Cyber & Technology Leader
    mfaylo@lockton.com
    +1 816 912 6539