Travelers (NYSE: TRV) today introduced a new suite of online resources to help business owners navigate the growing threat of cyber risks while also protecting their assets and their customers’ information. The launch of the new resources coincides with the start of National Cyber Security Awareness month, which is observed every October to remind businesses and individuals alike to use the internet safely and securely.
While individuals and businesses continue to embrace the convenience of technology, it is also causing people greater concern about the risk in their lives. According to the Travelers’ Consumer Risk Index released in September, 64 percent of individuals cite personal privacy loss or identity theft as a significant concern.
“ Travelers Cyber Security” is a public portal that provides insights into the threats associated with cyber risks and how to effectively protect against them. Tools include information on how to evaluate your cyber exposures; cyber facts and FAQs, including a review of the most common consumer protection laws; and a review of the various cyber-related coverages and products tailored to the size and nature of a business. Weekly cyber security tips also will be available during the month of October.
“Technology and the sharing of information have become central parts of both business operations and our everyday lives, which is why it is so important that we are all aware of the many forms cyber risks take and what strategies can help keep business owners and individuals safe,” said Tim Francis, Enterprise Cyber Lead, Travelers. “For nearly three decades, Travelers has helped prevent and manage cyber exposures, and we hope this new resource center helps people better prepare for the unexpected.”Protecting Businesses Against Customers’ Biggest ConcernsTravelers’ new online tools were developed to educate business owners’ about the growing number of cyber threats to their businesses and their customers. In addition to the public resource center, Travelers also offers its commercial customers a variety of tools and support to help tailor their cyber protection to the specific needs of their business. The tools include Travelers’ newly launched eRisk Hub®, powered by NetDiligence®, which is available to cyber policyholders by invitation. The web resource contains additional information and technical resources to help customers prevent and respond to cyber events.