Information Security Consulting
Cyber Insurance Risk Assessments
Cyber Insurers – Assurance, Audit & Validation Services
3B Data Security work with insurance underwriters and syndicate management agencies evaluate and manage all aspects of cyber security risk. Direct services for the insurance market include the services below. In addition, we can proactively work with your insured organisations to lower the levels of cyber risk associated with their businesses as part of your risk evaluation process, through evaluation, audit, monitoring and other services we provide.
3B Data Security work with insurance underwriters and syndicate management agencies evaluate and manage all aspects of cyber security risk. Direct services for the insurance market include the services below. In addition, we can proactively work with your insured organisations to lower the levels of cyber risk associated with their businesses as part of your risk evaluation process, through evaluation, audit, monitoring and other services we provide.
The main direct services we provide include:
Evaluating Insurable Risk - Our experts can review all technical, procedural and compliance matters involved in the risks to be insured. This enables all parties to understand potential risk and therefore, potential loss when it comes to covering the policies proactively. From this, our clients and their cover holders can work with 3B Data Security to remediate the security gaps, improve their security posture and ultimately reduce the risk of data loss or a data breach occurring and therefore any insurance pay-outs.
This service might be used for ongoing general risk evaluation or for one-off events such as assessing the risk to covered events and services in which cyber security may have a large impact, for example streaming services or online live concerts whereby the need for cyber security and cyber resilience and service continuity is paramount.
Cyber Incident Response Partner - We are a CREST Accredited Cyber Security Incident Response provider, and work with organisations on a retained basis to provide rapid, expert, and responsive Cyber Incident Response Services. With insurance companies, we can provide guaranteed rates, with oversight and reporting covering additional areas, directly to the insurer, as well as to the insured where appropriate (and dependent on the terms of the Insurance Policy in place). We also educate our providers and help them with the process before, during and after.
Evaluating Security & Compliance Post-Breach - We also undertake engagements as a “cyber security loss adjuster” whereby we verify and assess the current security state of a policy holder’s environment to ensure best practise is undertaken and help validate the authenticity of any claims that may have occurred for the insurance underwriters.