Munich Re’s HSB has expanded its HSB Cyber Suite product to help protect small businesses with new insurance coverages and risk management services.
The services include website security scans and computer system upgrades to help prevent future cyber crimes.
HSB Cyber Suite provides a collection of cyber insurance and services designed to protect small and medium-size businesses from cyber-attacks, data breaches, identity theft, cyber extortion, and misdirected payment and computer fraud.
The product will be available through insurance carriers that already partner with HSB to add the coverage to their commercial policies.
James Hajjar, assistant vice president for HSB, part of Munich Re said: “Any business with an internet connection is vulnerable to a cyber-attack. And while cybersecurity is complex, we don’t think getting the right insurance coverage or support needs to be.
“HSB Cyber Suite not only helps a small business respond and recover from a cyber-attack, but it gives them valuable resources they can use to predict and prevent cyber incidents.”
