The Institutes RiskBlock™ Alliance Announces EY As Blockchain Security And Risk Services Provider

The Institutes RiskBlock Alliance, the first blockchain consortium for the risk management and insurance industry, announced today that EY will serve as a primary service provider for blockchain-specific cybersecurity and risk management guidance. These services are part of the 30-member consortium’s efforts to implement and test multiple insurance use cases by the end of 2018. “We expect that the risk and controls guidance and cybersecurity testing services EY is developing will not just be critical to the success of the RiskBlock Alliance, but likely will help set the standard for industry-leading practices for blockchain enterprise,” said Christopher G. McDaniel, president of The Institutes RiskBlock Alliance.