Kroll and NetDiligence Partnership Enhances Carrier Portfolios By Fast-Tracking Insured Cyber Resiliency
Automated enrollment of insureds in cyber threat monitoring to accelerate awareness of threats and strategic response, helping reduce overall risk in carrier portfolios
NEW YORK – JUNE 12, 2019 – Kroll, a global leader in risk mitigation, investigations, compliance, cyber resilience, security, and incident response solutions, today announced a partnership with NetDiligence®, a leading provider of cyber risk readiness and response services, to deliver a suite of cyber risk monitoring solutions via automated enrollment through NetDiligence’s eRiskHub®. The partnership is launching with the provision of dark web threat monitoring through Kroll’s CyberDetectER® DarkWeb, the first of the service’s planned offerings.
The proactive monitoring begins days after binding a cyber policy, requiring no additional input during onboarding, and continues to notify insureds when new threats are discovered. Backed by over 90 global patents and more than 14 years of experience monitoring the dark web, CyberDetectER® DarkWeb notifies insureds when a cyber threat has been discovered, showing details of the alert, including where their compromised information was found, and provides suggested mitigation steps.
“Kroll’s Cyber Risk team is excited to join NetDiligence in helping carriers give insureds proven solutions to fast-track their cybersecurity maturity or add valuable dimension to existing programs,” said Jason Smolanoff, Senior Managing Director and Global Cyber Risk Practice Leader for Kroll, a division of Duff & Phelps. “By automating the enrollment of new or renewing policyholders in sophisticated threat intelligence services, we have created a win-win proposition where carriers are taking a simple initiative to reduce overall risk in their portfolios. Simultaneously, insureds benefit from a greater awareness of their risks and best practices for strategic response. Kroll’s ability to scale our services to the largest of portfolios, along with our global capabilities, ensures the highest level of service to carriers and insureds alike.”
“Helping companies build strong cyber security frameworks that promote defense and resilience is a core vision that NetDiligence shares with Kroll and the cornerstone of this new partnership,” says Mark Greisiger, President of NetDiligence. “We anticipate that by helping insureds become aware of their unknown or unanticipated risks through Kroll’s CyberDetectER DarkWeb, they will also engage more with the wealth of resources and guidance carriers have made available to them on NetDiligence’s eRiskHub, ultimately improving their overall cyber readiness.”
Kroll Cyber Risk experts will be available to answer questions at the NetDiligence Cyber Risk Summit in Philadelphia held on June 12-14, 2019. NetDiligence cyber insurance partners can visit the eRiskHub® Hospitality Suite to learn more. Carriers can also reach one of Kroll’s dedicated cyber insurance experts at [email protected].
Kroll is the leading global provider of risk solutions. For more than 45 years, Kroll has helped clients make confident risk management decisions about people, assets, operations and security through a wide range of investigations, cyber security, due diligence and compliance, physical and operational security, and data and information management services. For more information, visit www.kroll.com.
Duff & Phelps is the global advisor that protects, restores and maximizes value for clients in the areas of valuation, corporate finance, investigations, disputes, cyber security, compliance and regulatory matters, and other governance-related issues. We work with clients across diverse sectors, mitigating risk to assets, operations and people. With Kroll, a division of Duff & Phelps since 2018, our firm has nearly 3,500 professionals in 28 countries around the world. For more information, visit www.duffandphelps.com.
NetDiligence® specializes in Cyber Risk Readiness & Response services. With more than 18 years of experience in cyber, NetDiligence is an award-winning provider of innovative cyber risk management software and services to the insurance industry, including QuietAudit® Cyber Risk Assessments, the eRiskHub® cyber risk management portal, and Breach Plan Connect® software-as-a-service (SaaS) to help policyholders with data breach response planning. NetDiligence publishes an annual Cyber Claims Study and hosts annual Cyber Risk Conferences in Philadelphia, Santa Monica, Toronto, London and Bermuda. For more information, visit www.netdiligence.com.