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AIG UNITED GUARANTY ACHIEVES INFORMATION SECURITY CERTIFICATION
Certification from Cybertrust Verifies Information Security Best Practices
GREENSBORO, NC— AIG United Guaranty,1 whose affiliate companies provide mortgage guaranty insurance and other financial services to the mortgage industry, has had its information security program certified by Cybertrust, the largest security consulting firm in the United States.
This certification reflects AIG United Guaranty’s ongoing compliance with an extensive and continuous security assurance process and validates the company’s risk reduction practices. Through its Enterprise Security Assurance program, Cybertrust audits and certifies the security of companies’ controls, policies, procedures, firewalls, hiring practices, and other risk factors.
The certification specifies that AIG United Guaranty follows internationally recognized best practices in regard to six main risk categories: electronic threats and vulnerabilities, malicious code, privacy issues, human factors, physical environment, and downtime issues.
As part of the certification, Cybertrust has also certified AIG United Guaranty to be compliant with ISO 17799, an internationally recognized information security standard that defines best practices for information security. ISO 17799 contains 11 domains, covering areas such as security policy, compliance, asset classification and control, and business continuity management.
“We have long been dedicated to setting high standards for information security,” said Tony Skipper, senior vice president and chief information officer for AIG United Guaranty. “Cybertrust helped us to enhance our existing information security program and to highlight it as a competitive advantage. Being certified by Cybertrust and aligned with the ISO17799 standard shows our commitment to information security best practices and allows our customers to compare our program with those of our competitors.”
Skipper emphasized that AIG United Guaranty has always taken information security very seriously, which is now especially important given the current state of the financial services industry and the importance of information systems in today’s business. Adoption of international best practices takes AIG United Guaranty far beyond the bare minimum requirements of specific legislation, in an enterprise-wide adherence to safe, effective, and consistent security measures that frequently exceed industry standards. By taking deliberate steps to ensure the protection, privacy, and integrity of data, AIG United Guaranty protects the interest of the business as well as the data of customers and business partners.
About AIG United Guaranty
United Guaranty Corporation (AIG United Guaranty) and its subsidiaries are member companies of American International Group, Inc. (AIG). The company has been headquartered in Greensboro, North Carolina, since it was established in 1963.
Subsidiaries of AIG United Guaranty provide mortgage guaranty insurance for first and second mortgages that protects against mortgage credit losses. In addition, AIG United Guaranty’s comprehensive range of financial products and services to lenders and investors includes mortgage fraud recovery services and private education loan default insurance. AIG United Guaranty’s international locations include offices in Jerusalem, Hong Kong, Taipei, Tokyo, Seoul, London, Dublin, Paris, Milan, Madrid, Budapest, Mexico City, Toronto, and Sydney.
About AIG
American International Group, Inc. (AIG), world leaders in insurance and financial services, is the leading international insurance organization with operations in more than 130 countries and jurisdictions. AIG companies serve commercial, institutional and individual customers through the most extensive worldwide property-casualty and life insurance networks of any insurer. In addition, AIG companies are leading providers of retirement services, financial services and asset management around the world. AIG’s common stock is listed in the U.S. on the New York Stock Exchange and ArcaEx, as well as the stock exchanges in London, Paris, Switzerland, and Tokyo.
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AIG United Guaranty media releases may be viewed on our Web site at www.ugcorp.com.
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