Guidewire Co-Founds IT-ISAC Critical SaaS Special Interest Group

Rhea-AI Summary

Guidewire (NYSE: GWRE) is a co-founding member of the Critical SaaS Special Interest Group (CSaaS SIG), which aims to enhance security resilience in the SaaS industry. The initiative allows companies to collaborate on defense strategies, share intelligence, and increase customer trust. Founding members include MongoDB, Okta, Oracle SaaS, ServiceNow, Workday, and Zscaler. James Dolph, Guidewire's CISO, emphasizes the potential for collective security improvements and deeper customer trust. The IT-ISAC supports various special interest groups focusing on industry-specific security challenges.

Positive

• Co-founding the Critical SaaS SIG positions Guidewire as a leader in SaaS security, potentially increasing customer trust.
• Collaboration with major industry players like MongoDB and Oracle may enhance Guidewire's reputation and market reach.

Negative

• None.

New group aims to enhance the collective defense of its members’ customers and build increased security resilience in the SaaS industry as a whole

SAN MATEO, Calif.--(BUSINESS WIRE)-- Guidewire (NYSE: GWRE) announced that the company is a co-founding member of the Critical SaaS Special Interest Group (CSaaS SIG), part of the IT-ISAC (Information Technology – Information Sharing and Analysis Center).

The Critical SaaS SIG will serve as a forum for CSaaS companies to collaborate on a collective defense strategy to improve the security and operational resiliency of their services and share intelligence information with the industry at large. It aims to increase the level of trust that customers can place in their organizations and the broader SaaS industry. Joining Guidewire are fellow founding members: MongoDB, Okta, Oracle SaaS, ServiceNow, Workday, and Zscaler.

“This is a fantastic opportunity for Critical SaaS vendors like Guidewire, to leverage and multiply their individual and already substantial investments in security to better protect their customers, many of whom are shared between participating companies,” said James Dolph, chief information security officer, Guidewire. “We are incredibly proud to be a founding member of this important group. Our participation will help us continue to advance security and operational resiliency for our insurance customers in a coordinated manner with other CSaaS vendors.”

Dolph continued, “We look forward to sharing what we are seeing from our unique vantage point as a platform provider to P&C insurers around the world and collaborating on how to address the security challenges of today and the future. We hope that the result is deeper levels of customer trust and greater resilience across the sector.”

“The IT-ISAC Special Interest Group provides smaller, trusted forums for members to address common security challenges. The Critical SaaS SIG will enable Critical SaaS providers to address common security challenges that are unique to them, while also providing access to the full suite of IT-ISAC member benefits,” said Scott Algeier, executive director, IT-ISAC.

Other SIGs include: the Elections Industry, Food and Agriculture, Insider Threat, Security Intelligence, and Physical Security.

To learn more about the CSaaS SIG please read the announcement issued by the IT-ISAC.

About Guidewire Software

Guidewire is the platform P&C insurers trust to engage, innovate, and grow efficiently. We combine digital, core, analytics, and AI to deliver our platform as a cloud service. More than 450 insurers, from new ventures to the largest and most complex in the world, run on Guidewire.

As a partner to our customers, we continually evolve to enable their success. We are proud of our unparalleled implementation track record, with 1,000+ successful projects, supported by the largest R&D team and partner ecosystem in the industry. Our marketplace provides hundreds of applications that accelerate integration, localization, and innovation.

For more information, please visit www.guidewire.com and follow us on Twitter: @Guidewire_PandC.

NOTE: For information about Guidewire’s trademarks, visit https://www.guidewire.com/legal-notices.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220406005397/en/

Melissa Cobb

Senior Public Relations Manager

Guidewire Software, Inc.

+1.650.464.1177

mcobb@guidewire.com

Source: Guidewire

FAQ

What is the Critical SaaS Special Interest Group founding by Guidewire?

The Critical SaaS Special Interest Group (CSaaS SIG) is a collaborative forum launched by Guidewire and other companies to improve security and operational resilience in the SaaS industry.

Who are the founding members of the CSaaS SIG?

Founding members of the CSaaS SIG include Guidewire, MongoDB, Okta, Oracle SaaS, ServiceNow, Workday, and Zscaler.

How will the CSaaS SIG benefit Guidewire's customers?

The CSaaS SIG aims to enhance security measures and operational resiliency, leading to increased customer trust in Guidewire and its services.

What is the significance of Guidewire joining the IT-ISAC?

Joining the IT-ISAC allows Guidewire to access resources and collaborate on addressing common security challenges with other members.

What role does James Dolph play in Guidewire's security initiatives?

James Dolph, the Chief Information Security Officer, plays a key role in leading Guidewire's security strategy and participation in the CSaaS SIG.