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Hylant Group Offers New Resource to Manage Cyber Attack and Data Theft Risks

Posted on: Thursday, 23 July 2009, 12:19 CDT

TOLEDO, Ohio, July 23 /PRNewswire/ -- Hylant Group, one of the largest privately owned insurance brokerage firms in the nation, has launched a network security and data breach portal to help its clients manage risk in this ever-changing environment of cyber attacks and data theft. Today's sophisticated and highly networked business environments are often porous, exposing organizations to new and constantly changing "e-Risk" threats and liability.

Trends for losses are increasing in both frequency and severity, so it is critical for upper level management to have an outlet to respond quickly and appropriately to a data loss or financially crippling breach of network security. Hylant's Executive Risk and Medical Risk Practices have found that many organizations do not have a plan or even a clear understanding of what to do in the event of a data breach. Hylant has enlisted the services of NetDiligence, a leading provider of cyber security assurance services, to develop the interactive portal - eRisk Hub. The site offers news on recent data breaches, a learning center filled with white papers and best practices, a severity modeling calculator to assist in limits benchmarking, and most importantly, an assembly of experienced providers of cyber risk management and breach recovery services. These firms specialize in disaster recovery, computer forensics, cyber risk assessments, regulatory compliance, records management, network design and public relations.

As experts in providing insurance and support services for cyber and privacy related risks, several Hylant associates maintain The Certified Identity Theft and Risk Management Specialist (CITRMS) certification to assist in providing the highest level of advice and consultation to clients. These offerings and the expertise of Hylant's Executive Risk and Medical Risk associates assist our clients in identifying the unique exposures related to a compromising network security breach. Once identified, our experts will create customized insurance solutions to assist in managing risk and minimizing the potential for significant financial loss.

For more information, please contact your local Hylant representative or e-mail us via our Web sites: www.hylantexecutiverisk.com or www.hylantmedicalrisk.com.

About Hylant Group

Founded in 1935 and headquartered in Toledo, Ohio, Hylant Group is a full-service business insurance brokerage with 12 offices in Ohio, Illinois, Indiana, Michigan and Tennessee, and employs more than 675 professionals. A member of the Worldwide Broker Network, Hylant offers complete risk management services, employee benefits consultation, loss control, 401(k) and wealth management services, healthcare management and insurance for businesses and individuals. Hylant is one of the largest privately held brokerage firms in the United States and serves a wide variety of clients locally, nationally and internationally. For more information, visit www.hylant.com.

About NetDiligence(R)

NetDiligence, a cyber security and e-risk assessment services company, provides due diligence products to help clients determine how well their network security and privacy practices measure up against known industry standards, as well as regulatory and insurance carrier requirements. Using proprietary methodologies and tools anchored in proven risk management principals, NetDiligence provides a full range of enterprise-level information security, e-risk insurability and regulatory compliance assessment and testing services. NetDiligence supports and is endorsed by some of the world's largest network liability insurance underwriters.

SOURCE Hylant Group

Source: PR Newswire

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