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Update as of January 1, 2015 – Guarantee has been augmented from $50K to $1,000,000.

For our pro-active monthly subscribers (Silver and Above) , Abaxio’s Cybersecurity-as-a-Service now receive a Guarantee of $1,000,000 and more against a hack, breach or other network downtime.  The guarantee is underwritten by A+ rated insurance carriers Beazely, AIG and/or Lloyds of London, through our exclusive program offered by Benchmark Cyber Partners, Llc, Chicago, IL, USA.

For details on the program please contact us.

Abaxio has partnered with AIG® , the largest A+ rated insurance carrier in the world.

All Abaxio clients are eligible for baseline $50,000 guarantee in the case of a cyber breach.  The guarantee is backed by AIG®,
Please contact our sales office for more information.

FYI, In the event of a cyber breach, the $50K guarantee covers the following categories:

• Forensic Audit Expenses: Covers security assessment, to determine cause and extent of event
• Data Restoration Expenses: Covers restoration, recreation or recollection of electronic data
• Compliance Penalties: Covers civil fines, penalties imposed by gov’t / agency, such as HIPAA, PCI, DSS,etc.
• Post-event Expenses: Covers event/breach communication such as letters, legal consultation, printing, mailing expenses
• Identity Theft Call Center Assistance: Covers call center set up for the affected parties
• Identity Restoration Services: Covers expenses to restore credit
• Identity Monitoring Services: Covers fraud monitoring of a victim’s credit and identity
• Victim Cost Reimbursement: Covers out of pocket expenses to restore their identity

Additionally:

Inclusion into this program allows clients to “buy-up” (add additional coverage) to more regular limits of $3-4 M or more at a substantial discount, exclusively through Benchmark Cyber Partners, an Illinois registered Insurance producer.