QBE North America adds data breach planning services to all cyber policies

QBE North America says it’s including data breach planning services in all of its cyber policies, to be initially offered through Breach Plan Connect.

“A single network attack or data breach can severely disrupt business and have significant financial consequences. Responding quickly and efficiently makes all the difference to a business’ reputation and bottom line,” Steven Anderson, QBE’s vice-president of underwriting, said in a news release.

Related: Cybercrime costs global economy nearly US$600 billion: Report

Breach Plan Connect is included as part of QBE’s “The Solution for Cyber Risk”, and will offer companies checklists that include best practices to follow in the event of a data breach, specific breach-focused responses and links to the eRiskHub portal—a source offering cyber risk management guidance to help prevent an attack from happening.

The cloud-based, customizable Software as a Service is powered by NetDilligence, a cyber risk readiness service provider.

“Embedding this product in our cyber policies will ensure that our policyholders will have the tools they need when they are at their most vulnerable moments,” Anderson added.

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