Blackpoint Cyber, a managed detection and response (MDR) services provider, has announced Blackpoint RISK, a cyber liability insurance solution for its MSP partners and their customers.MSPs can use Blackpoint RISK to protect against cybercrime, ransomware and other cyberattacks, the company said. They can access first- and third-party cyber liability coverages, including:Blackpoint RISK provides MSPs with access to breach response consultants and a dedicated claims advocacy practice, the company said. Depending on the coverage selected, MSPs can access various services at no additional cost, including:Various Blackpoint RISK offerings also include periodic external threat assessments and access to online risk and cyber training and an incident response and claims mobile app, the company stated.
- Crisis management
- Notification expense
- Credit monitoring
- Forensic investigations
- Public relations
- Data recovery
- Business interruption
- Extra expense cyber extortion and ransomware
- Technology products and services
- Privacy and cybersecurity
- Media liability
- Privacy regulatory defense, awards and fines
- Breach and Data Leak Alerts: Enables MSPs to search the dark web for information about their organizations and receive real-time alerts.
- Cyber Risk Rating Report: Lets an MSP review its internet presence on request and receive a cybersecurity rating to help benchmark itself against competitors.
- Ransomware Cost Calculator: Provides a calculator that an MSP can use to estimate the financial loss it would suffer due to a potential ransomware attack that causes the organization to shut down its operations for up to 60 days.
