What we offer
Gaps in cybersecurity inventory, for both on-premises assets and cloud resources, can leave exposed attack surfaces. Our latest snapshot reveals how to protect against vulnerabilities from poor asset management.
Cyber Services Snapshot
Businesses are adopting a dangerous ‘out of sight, out of mind’ approach to their cyber risk, according to our latest client research Spotlight on: Cyber and Technology risk
Companies are not as well prepared as think – Patricia Koscondy explains the threats. Watch the video.
Cyber security alert! Why updating legacy systems is critical – Bala Larson explains why
Our InfoSec policy offers large businesses an unrivalled range of coverage options to address their evolving cyber risks. Coverage includes:
Breach response costs
- Legal services
- Computer forensic services
- Notification services
- Call center services
- Credit monitoring, identity monitoring or other personal fraud or loss prevention solutions
- Public relations and crisis management expenses.
- Business interruption loss from security breach or system failure
- Dependent business interruption loss from security breach or system failure
- Cyber extortion loss
- Data recovery loss
- Data and network liability.
- Third-party information security and privacy coverage
- Full media liability
- Regulatory defense and penalties
- Payment card liability and costs.
- Fraudulent instruction
- Funds transfer
- Telephone fraud.
Limits up to $50m/€50m
How can we help
Preparing for and preventing cyber incidents have become inseparable from insuring a cyber loss. As cyber pioneers, our support services and proactive guidance enables clients to improve their controls and cyber security requirements.
Find out about our full range of cyber services here
Lodestone Security LLC, a wholly owned subsidiary of Beazley plc, provides cybersecurity consulting services tailored to enhance our clients’ cyber defences.
Our cyber clients get exclusive access to our risk management portal, beazleybreachsolutions.com, packed with resources for incident response planning, employee training, compliance, and security best practices.
Our Cyber Services team also coordinates a variety of pre-breach services such as onboarding calls, incident response plan reviews and workshops so our policyholders can improve the robustness of their cybersecurity.
Who we can help
Organizations from a wide range of industries including:
- Financial institutions
- Higher education
- Professional services firms
Where Is This Offered?
The Beazley Difference
Freedom lies in being bold. We dare to be different and seek bold possibilities to create more innovative, fair and satisfying outcomes for our clients, brokers and employees. From insuring the highest building in the world, to the first commercial lunar vehicle to operate on the moon - we boldly go where others won’t.
STRIVING FOR BETTER
Good is a start, but we go all-out for better. A driven community of individuals relentlessly push the needle and creating value. From launching the market’s first dedicated ESG syndicate to the establishment of our business unit focusing on designing digital insurance solutions, we pride ourselves on always going above and beyond. Simply put, at Beazley we go to 11.
DOING THE RIGHT THING
Acting with integrity in a straightforward, decent way is instinctive. Open and honest with others, we show respect and empathy however challenging the situation – demonstrated by our multi-award winning claims team. Doing the right thing makes for a fair-minded, rewarding environment and makes work and life better for all.
Examples or Scenarios
A school district was hit with ransomware and two of its servers were completely encrypted. Critical documents were rendered inaccessible. Our inhouse Cyber Services coordinated an engagement with forensics and legal counsel. Forensics was able to quickly identify the type of ransomware and determine its known capabilities. They were also able to find the decryption key for this particular strain of malware and use it to successfully restore all of the district's files.
A manufacturer employee's active directory account was compromised. The hacker used the employee's mailbox to send emails requesting a money transfer to some outside account. Cyber Services arranged for the manufacturer to work with panel counsel and forensic firm. The forensic firm determined that no personally identifiable information had been compromised and the law firm determined the manufacturer had no obligation to notify.