IDT911 Enhances Data Breach Services for Commercial Insureds

February 16, 2016

IDT911 has enhanced its DataRiskStages data breach mitigation and remediation service for insurance companies and their commercial policyholders. The DataRiskStages platform has been enriched with three new features: Ins.breachresponse.com to help avoid and manage a breach, CyberClaims911 for more efficient claims handling, and new analytics for more accurate cyber underwriting.

The three services offer the following services to the insurance industry.

  • For commercial policyholders, breachresponse.com from DataRiskStages offers pre-breach risk awareness education and post-breach remediation guidance. Users have access to data protection tips and education guides, breach scenarios, risk calculators, current information security content, planning guides and templates and information regarding risk regulation and compliance. Additionally, the platform provides commercial customers with post-breach response guidance designed to connect an organization experiencing a breach with IDT911’s team of data breach response and resolution advisors.
  • CyberClaims911 is a third-party administrator that focuses solely on cyber claims processing—delivering industry-leading data breach avoidance and resolution services. CyberClaims911 delivers breach avoidance and resolution services; handling claims for all aspects of cyber coverage – from first to third party coverages, including incident response, business or network interruption, liability exposures, and more. The service is designed for carriers just entering the cyber insurance space or looking to reduce claims, handling costs, and inefficiencies.
  • Advanced analytics and reporting from IDT911. This new offering aggregates anonymized cyber and data breach data to help make informed underwriting and pricing decisions. As the database grows, IDT911 will supply insurance companies with aggregated reports and analysis directly relating to the data they contributed, as well as information from the larger pool of aggregated data collected for industry-wide comparisons and information.

IDT911 is a provider of services that help businesses and their customers defend against data breaches and identity theft. Based in Scottsdale, Ariz., the company has several locations in the U.S. and Canada, as well as in Ireland to serve partners in Europe.

Topics Cyber Claims Commercial Lines Business Insurance Data Driven

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