Controlled Foreign Corporation (CFC), based at London has introduced a variety of free Risk Management services for technology companies.
The portfolio of Risk Management will include:
• Cyber Risk Rating report from BitSight.
• Breach monitoring service provided by CFC RepKnight.
• Cyber incident response plan builder.
• Training and Education on cyber risks and legal contracts.
According to CFC, the policy is targeted at tech firms, thus, covering a wide spectrum of activities and should also assist in covering the costs related to emerging risks that tech firms are exposed to; in the day-to-day running of the business.
Charlie Murray, the Team-Leader of International Technology at CFC has said, “We want to help our customers prevent a claim event from occurring in the first place – particularly cyber incidents, the impacts of which can be devastating. We see it as our responsibility to provide them with a comprehensive range of risk management solutions to help better arm themselves against the risks they face and ensure they are better able to respond and recover if the worse does happen.”