Hartford Steam Boiler Provides Data Breach Portal for Customers

Hartford, CT, (Business Wire) August 10, 2012 — How many business owners are prepared for a data breach? Without an effective response plan, a company may struggle to protect its customers and its reputation. The Hartford Steam Boiler Inspection and Insurance Company (HSB), part of Munich Re, in collaboration with NetDiligence®, is providing a range of online risk management tools to help its insured businesses and organizations recover when personal information is lost or stolen, the company announced today.

Hub International Launches Portal to Help Protect Business Against Cyber Losses

Chicago, IL, (PRWEB) July 18, 2012 — Hub International Limited (Hub), a leading global insurance brokerage firm, announced today that it has launched the eRisk Hub® portal, powered by NetDiligence®, a cyber risk assessment and data breach services company. The portal is available to clients who have purchased cyber liability coverage. As part of this offering, Hub is now including a data breach cost calculator on its public website, which educates businesses on the potential cost of a data breach.

eRisk Hub® Enhanced with New Risk Management Tools

PHILADELPHIA, July 10, 2012 – NetDiligence®, a leading cyber risk assessment and data breach services company, announced today it has released three proprietary new insurance risk manager and broker-focused tools for its eRisk Hub® portal. The new tools enable eRisk Hub users to evaluate specific areas of cyber risk: post-breach crisis communications / public relations; loss of revenue due to business interruption (e.g., a DDoS attack); and contractual and operational risks associated with cloud computing.

Argo Group Announces New Cyber Liability Insurance Through Argo Pro

NEW YORK–(BUSINESS WIRE) June 25, 2012 — Argo Pro, a member of Argo Group International Holdings, Ltd. (NasdaqGS: AGII), has introduced a new cyber liability insurance product – information & Professional Risk Playbooksm (iPRP)– designed to address the exposures businesses face from their increasing reliance on information technology. In addition, Argo Pro has partnered with NetDiligence®, a leading cyber risk assessment and data breach services company that provides post-incident online services for clients through its eRisk Hub® portal.

Quantifying the Cost of Data Breaches

PHILADELPHIA, August 03, 2011 – NetDiligence®, a leading cyber risk assessment and data breach services company, announced today it has published Cyber Liability & Data Breach Insurance Claims –A Study of Actual Payouts for Covered Data Breaches.

While previous studies have shed light on data breach events through anecdotal information, the NetDiligence study uses actual cyber liability reported claims to illuminate the real costs of such incidents. The report summarizes NetDiligence’s findings for a sampling of data breach insurance claims that occurred between 2005 and 2010 in a variety of industries, including healthcare, financial services, retail, information technology, manufacturing and education.

Vela Insurance Services Announces Partnership with NetDiligence® Adding Value for Technology E and O Insureds

Vela Insurance Services is pleased to announce a partnership with NetDiligence®. NetDiligence® is a Cyber Risk Assessment Services company that works with leading insurers in the Technology/Cyber Liability marketplace.

In 2010, the Identity Theft Resource Center (ITRC) reported 662 breaches involving 16 million personal records.