TSC Advantage Earns Homeland Security SAFETY Act Designation

TSC Advantage, an enterprise risk consultancy specializing in the proactive and holistic defense of trade secrets, intellectual assets and other sensitive information, announced it has earned the U.S. Department of Homeland Security’s SAFETY Act Developmental Testing and Evaluation (DT&E) designation for its patented Threat Vector Manager (TVM) cyber risk assessment process.

The SAFETY Act is a federal law passed by the U.S. Congress to facilitate and promote the development and deployment of anti-terrorism technologies that can deter, defend against, identify, respond or mitigate an act of terrorism and save lives. The SAFETY Act designation qualifies Threat Vector Manageras an anti-terrorism technology and provides liability protection for both TSC Advantage and its customers in the event of a covered act of terrorism. To earn this designation, TSC Advantage underwent a rigorous due diligence and selection process, which included the Department of Homeland Security interviewing the company’s current and former customers.

“One of the biggest concerns any business can encounter in the marketplace is the exposure potential to excessive liability,” said Sean Doherty, president of TSC Advantage. “With this designation, we are pleased to be able to extend the benefits of liability indemnity from covered acts of terrorism to customers who undergo our unique cyber security assessment.”

TSC Advantage’s Threat Vector Manager and its associated Enterprise Security Assessment enhance cyber risk assessment and improve holistic security maturity in commercial organizations, including the Fortune 1000, U.S. critical infrastructure and the public sector. Tied to international and national standards and fused with subject matter expertise, TVM assesses six top-level domains that include the roles of insider threat, external business dependencies and physical security in order to identify trends, patterns and areas of enterprise risk across technical, human and procedural categories.

In 2014, TSC Advantage partnered with more than a dozen insurance underwriters operating on the Lloyd’s of London exchange and worldwide insurance brokers to conduct cyber security assessments for cyberinsurance policies sold to public utility and critical infrastructure sectors. Using TVM’s Enterprise Security Assessment, global underwriters are provided an in-depth and posture-based assessment of a pre-insured’s holistic risk profile that is used by underwriters to determine insurability and calculate insurance premium levels.

“SAFETY Act designation is a critical differentiator for pre-binding cyber risk assessment because it demonstrates the extent to which the methodology and process has been validated,” said Tom Quy, a cyber insurance broker with Miller Insurance LLP of London. “Using TSC Advantage’s vetted approach, customers may not only receive holistic cyber risk assessment and insurance tailored to their threat profiles, but through SAFETY Act designation, an additional layer of protection for customers from third-party claims should a covered act of terrorism occur.”

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