|
Crum & Forster® Launches new Service to Protect against Cyber Risk
Morristown, NJ, August 17, 2011 - Crum & Forster® (C&F) announced today that it has launched a new service
to assist policyholders in their effort to effectively manage and protect against cyber risk.
Network attacks and privacy violations are occurring with increasing frequency. Even with strong security and
privacy controls in place, companies can be victimized by internal fraud, business interruption, damage or theft
of data and cyber extortion.
To help mitigate loss exposures and provide superior service to customers, C&F has announced the availability
of eRisk Hub®, a private web-based portal (www.eriskhub.com) to provide policyholders with information and
technical resources that can assist them in the prevention of network, cyber and privacy losses and support
them in the timely reporting and recovery of losses if an incident occurs. The portal is powered and maintained
by NetDiligence®, a leading cyber risk assessment services company.
Crum & Forster understands that once an incident occurs, clients may need immediate help and expertise to
respond and recover. Because incidents can be very complex, these companies may need assistance across a
broad range of disciplines, including legal/regulatory compliance, information technology (IT) security, privacy,
disaster recovery/business continuity, computer forensics, forensic accounting, public relations, credit
monitoring and law enforcement.
"NetDiligence will serve as a valuable resource to both C&F and our clients through its comprehensive risk
management solutions. With this partnership, we hope to bring C&F’s Network Security & Privacy product
offering together with NetDiligence’s eRisk Hub to provide a comprehensive risk management and insurance
solution. By adding this new service to our Network Security & Privacy product, clients will now have a cuttingedge
resource to help manage their cyber exposures and assist them in the event they have a breach." said
Leigh McMullan, Vice President of C&F’s Management & Professional Services (MAPS) division and Cyber
Liability product manager. "As Leigh and her team continue to build out our capabilities in the cyber liability
space, our new partnership with NetDiligence demonstrates C&F’s growing commitment to the cyber liability
space and our continued efforts to help our insureds manage their network security and privacy exposures,"
said Lori Marino, Senior Vice President of C&F’s MAPS division.
C&F’s new service will be available to their Network Security and Privacy policyholders and will contain access
to a breach coach hotline, a series of pre- and post-breach vendors, whitepapers and a host of other resources
to prevent against breaches and assist if a breach occurs.
About Crum&Forster®
Founded in 1896, Crum & Forster is a national property and casualty insurance group providing a broad range
of standard and specialty commercial insurance products including worker's compensation, commercial
automobile, general liability, excess & umbrella, management & professional liability, property, crime, and
excess & surplus lines. The group is based in Morristown, New Jersey. Crum & Forster is a registered
trademark of United States Fire Insurance Company. Policies in this program will be underwritten by Crum &
Forster Specialty Insurance Company, a Crum & Forster insurance company which carries a financial strength
rating of A (Excellent) from A.M. Best Company.
About NetDiligence®
NetDiligence, a cyber risk assessment and data breach services company, provides due diligence products to
help clients determine how well their organizations’ network security and privacy practices measure up against
known industry standards, as well as regulatory and insurance carrier requirements. Using proprietary
methodologies and tools anchored in proven risk management principals, NetDiligence provides a full range of
enterprise-level information security, e-risk insurability and regulatory compliance assessment and testing
services. NetDiligence supports and is endorsed by some of the world's largest network liability insurance
underwriters.www.NetDiligence.com .
For further information, contact:
Jorge Echemendia
Email: Jorge_echemendia@cfins.com
Direct Line: 973-490-6519
|
