CyberScout has been selected by The Cincinnati Insurance Company to offer data breach services to its business insurance clients. The new offering provides commercial insurance policyholders with proactive and reactive data breach services, including access to CyberScout’s team of breach consulting experts and 24/7 access to CyberScout’s breach preparedness website.
CyberScout, a leader in identity management and data risk management services, announced today that it is partnering with The Cincinnati Insurance Company to bring data risk solutions to Cincinnati’s commercial insurance clients.
Recognizing the need for businesses to mitigate risks of a data breach, Cincinnati Insurance offers an optional endorsement providing coverage to reimburse businesses for breach-related expenses. In addition, policyholders receive CyberScout’s data risk management services. The CyberScout service provides proactive and reactive data breach services to policyholders. Policyholders who select this coverage can get help from CyberScout’s team of breach consulting experts. They have 24/7 access to a breach preparedness website, and when a breach takes place, CyberScout acts fast to help them avert a crisis.
J.F. Scherer, Jr., Executive Vice President-Business Insurance, The Cincinnati Insurance Company, said, “Business owners who believe their companies may benefit from our policy coverage and CyberScout’s services can get professional advice from a local independent agent representing Cincinnati Insurance. Your agent has flexible options to tailor coverage that meets your business’s specific needs.”
CyberScout experts assess the severity and damage of the breach, advise on regulatory and consumer notification and create action plans for responding quickly and efficiently. They also draft a customer notification letter and, for larger breaches, help design and implement a password-protected website to communicate with those who are affected. Services include computer forensics analysis, incident damage reviews and digital evidence preservation.
“We’re thrilled to partner with Cincinnati Insurance to offer businesses the proactive data risk management services they need,” said Matt Cullina, CEO, CyberScout. “Whether it’s from a negligent employee or an outside intruder, businesses risk exposure in countless areas. By offering our data risk services, businesses are getting the best proactive and reactive protection in the industry.”
In the event of a data breach, businesses insured by Cincinnati can rely on CyberScout’s LifeStages™ Identity Management services to provide high-touch identity resolution assistance to their customers or other victims. The fraud specialists work one on one with victims and are available 24 hours a day, seven days a week until resolution is complete. Fraud specialists cover a range of issues, from proactive measures to take throughout a person’s life to true identity theft and account takeovers.
Business owners interested in this coverage may contact a local, independent agent representing Cincinnati. Find an Agency by visiting www.cinfin.com.
