Press release

Foresite Announces Cyber Insurance Offerings as Complement to ProVision

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Sponsored by Businesswire

Foresite, a managed security and cyber-consulting services provider, is excited to announce the expansion of its services portfolio to include cyber insurance offerings designed to address the growing gaps businesses have with their current coverages as cyber risks continue to escalate.

Highlights:

  • Instant underwriting by an A+ leading carrier
  • $0 deductible
  • $250,000 of cyber liability protection

The coverage protects against the most pressing issues facing businesses today including rapidly increasing ransomware attacks, social engineering, telecom fraud, data breaches, regulatory compliance and liability issues.

Services include:

  • 24/7 Breach Hotline with Specialist Attorneys
  • Forensics
  • Legal Defense
  • Crisis Management
  • Identity Theft Management

In layering these service capabilities with ProVision, Foresite’s state-of-the-art managed security services software platform, the company is able to deliver a more holistic approach to cyber events and risk lifecycles.

“A large majority of organizations lack cyber coverages, especially SMBs,” says Marc Brungardt, Foresite President. “Even larger organizations can benefit from additional cost-effective coverage to offset expensive deductibles. Cyber insurance is a quickly expanding industry as companies are scrambling to mitigate growing risks. Cyber extortion attempts alone have increased by more than 100% in just the last year. Adding cyber insurance to our managed security and compliance solutions bolsters our value to our customers while adding peace-of-mind.”

About Foresite

Foresite is a global provider of managed security, cyber consulting, and compliance services focused on delivering comprehensive solutions to protect our clients from increasingly persistent cyber threats. Foresite’s solutions empower organizations with vigilance and expertise to proactively identify, respond, and remediate cyberattacks and breaches. For more information, visit us at http://foresite.com or contact us at info@foresite.com.