Maxxsure Partners with IGA to Tackle Cyber Risks

Maxxsure, a company specializing in cyber risk assessment and management, has announced its membership in the Indian Gaming Association (IGA), which is led by Chairman Ernest Stevens Jr. and is based in Washington, D.C.
Maxxsure provides quantitative assessments and analytics for cyber risk insurance, enabling large companies to manage their exposure through self-insurance or commercial insurance in the event of a cyberattack. The organization utilizes its M-Score platform, which generates a company's cyber risk status and produces data for calculating and adjusting insurance limits.
The U.S. gaming sector has faced numerous cyberattacks, impacting major players such as Sands, DraftKings, MGM, Tribal Casinos, and FanDuel. Maxxsure's methodology assists casinos and sportsbooks in identifying their risks, allowing them to take proactive measures to mitigate potential losses from incidents.
Shreek Sugur, CEO of Maxxsure, emphasized, "Regular penetration testing or risk assessments are no longer sufficient to tackle this growing issue. Monitoring and management must occur daily, if not hourly. Maxxsure offers a cultural solution that is invaluable for gaming operations. The status of cyberattacks has shifted from 'if' to 'when [they will occur],' and this cannot be overlooked."
Chairman Stevens stated, "It is crucial for the tribal community to continue working on a proactive process so that tribes can consistently address cybersecurity threats. We must protect our industry. Collaborating with Maxxsure and other associate members will help us prepare to tackle this escalating issue. The key is to plan for any preventive measures available to the tribal community."
Additionally, Maxxsure is involved in an initiative by the International Association of Gaming Regulators aimed at raising awareness and training regulators and gaming companies worldwide.
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