Assurant, MyDigitalShield to Offer Small Business Data Breach Support

Assurant, Inc. has teamed up with cybersecurity specialist MyDigitalShield to help protect small businesses against losses from data breaches.

Assurant will provide support for MyDigitalShield’s data breach guarantee, accompanying MDS’ cybersecurity technology protecting small businesses against the costs associated with data and system restoration, customer disclosures and other expenses in the event of a data breach.

According to John Frobose, senior vice president of Assurant, the company is working with MyDigitalShield to back its data breach guarantee with its cybersecurity technology to help protect small businesses from both hackers and the potential, resulting financial losses.

More than 700 U.S. businesses reported experiencing a data breach last year, according to the Identity Theft Resource Center. As an additional benefit with MyDigitalShield’s cloud-based security platform, MDS will provide a data breach guarantee backed by Assurant for up to $50,000 for impacted businesses, at no additional cost to the users.

In addition to losses from data restoration, the MyDigitalShield guarantee includes data re-creation and related public relations costs incurred by the business.

Assurant, Inc., is a global provider of risk management products.

MyDigitalShield is a provider of Security-as-a-Service that delivers enterprise-level security technology to small businesses.

Topics Cyber Commercial Lines Business Insurance