All organisations face the reality that data breaches have become inevitable. And the stakes are high. You hold personal data on trust for your customers. If they don't think your business can be trusted, the very future of your company may be at risk. A data breach is not a learning opportunity - you have too much to lose to risk mishandling it.
The case for focusing on response
Many companies focus exclusively on data breach protection - and fail to pay attention to what happens when the walls are breached. Firewalls, encryption and other defenses get the attention. The war is fought on IT turf. But the truly dangerous time is after you've been breached.
After a breach you're fighting to protect your reputation. It's when your customers begin to leave.
The way you manage a data breach to maintain customer trust is critical. That doesn't mean you shouldn't protect your system; it does mean you need plans for your response. And the good news is that there's a great deal you can do. Cyber-attacks are beyond your control; breach response is something you can plan for.
Understanding the coverage
Beazley Breach Response (BBR) is unique in offering a comprehensive services-based solution to data breaches. We know that when an organisation suffers a data breach, its first concern is to handle the breach in a way that maintains customer confidence. We pioneered the concept of data breach insurance that focuses first and foremost on response. We are the only insurer with a dedicated in-house business unit that focuses exclusively on helping clients manage data breaches successfully.
Our BBR Services team focuses on the coordination of the expert forensic, legal, notification and credit monitoring services that clients need to satisfy all legal requirements and maintain customer confidence. We also, indemnify your losses from lawsuits or regulatory actions, the risk of which may be reduced by a well-coordinated breach response but can never be completely eliminated. In addition to coordinating data breach response, BBR Services is responsible for maintaining and developing Beazley's suite of risk management services, designed to minimize the risk of a data breach occurring.
Beazley invented this comprehensive approach. We do more of it than anybody else. To date we have helped more than 4,000 clients manage data breaches swiftly and successfully. We can't guarantee your cyber security: no one can. But we can put you in control of your response.
Report a breach
Report a breach or breach incident under a BBR policy.