According to QBE, cyber attacks are becoming more sophisticated, more dangerous, and more prevalent. ‘The Solution for Cyber Risk’ has been designed to address these exposures, and protect businesses in the event of a cyber incident.
Through the solution, clients can be proactive in mitigating the risk of security breaches, and respond quickly if such an event occurs.
The solution includes access to QBE’s eRiskHub portal, which helps organisations to combat cyber losses through online access to loss control expertise, risk management tools, cyber risk news and education, and breach response guidance.
Jeff Grange, president of specialty insurance at QBE North America, said: "The Solution for Cyber Risk provides a solution for the rapidly morphing, proliferating, new and emerging cyber risks that confront policyholders everyday. Beyond insurance, we provide the critical loss prevention and mitigation tools our customers need to fully ensure their security, now, and in the future."