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K2 Cyber Partners with TransUnion to Deliver Cybersecurity Protection and Services

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K2 Cyber, a K2 Insurance Services brand, has announced a strategic partnership with TransUnion to enhance its cybersecurity protection services. Through this collaboration, K2 Cyber policyholders will gain access to TransUnion's TruEmpower™ CyberScout solution, which provides comprehensive cyber incident management and protection services.

The partnership includes key features such as cyber claims management, incident response remediation, forensics consultation, advanced cyber and business ID theft prevention tools, and a dedicated crisis hotline. Policyholders will receive ongoing care, education, and triage services to better handle and recover from cyber threats.

K2 Cyber, un marchio di K2 Insurance Services, ha annunciato una partnership strategica con TransUnion per migliorare i suoi servizi di protezione informatica. Grazie a questa collaborazione, i titolari di polizze K2 Cyber avranno accesso alla soluzione TruEmpower™ CyberScout di TransUnion, che offre una gestione completa degli incidenti informatici e servizi di protezione.

La partnership include funzionalità chiave come la gestione dei sinistri informatici, la risposta e la risoluzione degli incidenti, consulenza forense, strumenti avanzati per la prevenzione del furto d’identità aziendale e informatica, oltre a una linea diretta dedicata alle crisi. I titolari di polizza riceveranno assistenza continua, formazione e servizi di triage per affrontare e recuperare al meglio dalle minacce informatiche.

K2 Cyber, una marca de K2 Insurance Services, ha anunciado una alianza estratégica con TransUnion para mejorar sus servicios de protección cibernética. A través de esta colaboración, los asegurados de K2 Cyber tendrán acceso a la solución TruEmpower™ CyberScout de TransUnion, que ofrece una gestión integral de incidentes cibernéticos y servicios de protección.

La alianza incluye características clave como la gestión de reclamaciones cibernéticas, respuesta y remediación de incidentes, consulta forense, herramientas avanzadas para la prevención del robo de identidad empresarial y cibernética, además de una línea directa de crisis dedicada. Los asegurados recibirán atención continua, educación y servicios de triaje para manejar y recuperarse mejor de las amenazas cibernéticas.

K2 Cyber는 K2 Insurance Services의 브랜드로, 사이버 보안 보호 서비스를 강화하기 위해 TransUnion과 전략적 파트너십을 발표했습니다. 이 협력을 통해 K2 Cyber 보험 가입자는 TransUnion의 TruEmpower™ CyberScout 솔루션을 이용할 수 있으며, 이는 포괄적인 사이버 사고 관리 및 보호 서비스를 제공합니다.

파트너십에는 사이버 클레임 관리, 사고 대응 및 복구, 포렌식 상담, 고급 사이버 및 비즈니스 신원 도용 방지 도구, 전용 위기 핫라인과 같은 핵심 기능이 포함되어 있습니다. 보험 가입자는 지속적인 지원, 교육 및 초기 대응 서비스를 받아 사이버 위협에 더 효과적으로 대응하고 회복할 수 있습니다.

K2 Cyber, une marque de K2 Insurance Services, a annoncé un partenariat stratégique avec TransUnion afin d’améliorer ses services de protection en cybersécurité. Grâce à cette collaboration, les assurés K2 Cyber auront accès à la solution TruEmpower™ CyberScout de TransUnion, qui offre une gestion complète des incidents cybernétiques et des services de protection.

Ce partenariat comprend des fonctionnalités clés telles que la gestion des sinistres cyber, la réponse et la remédiation des incidents, la consultation en expertise judiciaire, des outils avancés de prévention du vol d’identité cybernétique et commerciale, ainsi qu’une ligne d’assistance dédiée en cas de crise. Les assurés bénéficieront d’un accompagnement continu, de formations et de services de triage pour mieux gérer et se remettre des menaces cybernétiques.

K2 Cyber, eine Marke von K2 Insurance Services, hat eine strategische Partnerschaft mit TransUnion angekündigt, um seine Cybersicherheitsdienste zu verbessern. Durch diese Zusammenarbeit erhalten K2 Cyber-Versicherungsnehmer Zugang zur TruEmpower™ CyberScout-Lösung von TransUnion, die umfassendes Management von Cybervorfällen und Schutzdienste bietet.

Die Partnerschaft umfasst wichtige Funktionen wie die Verwaltung von Cyber-Schadensfällen, Vorfallreaktion und -behebung, forensische Beratung, fortschrittliche Werkzeuge zur Prävention von Cyber- und Unternehmens-Identitätsdiebstahl sowie eine eigene Krisenhotline. Versicherungsnehmer erhalten fortlaufende Betreuung, Schulungen und Triage-Dienste, um Cyberbedrohungen besser zu bewältigen und sich davon zu erholen.

Positive
  • Strategic partnership enhances cybersecurity service offerings
  • Comprehensive cyber incident response and protection services added to portfolio
  • Expanded risk management capabilities for SMB sector
Negative
  • None.

Insights

TransUnion's partnership with K2 Cyber represents a strategic extension of its business model beyond traditional credit reporting services. The collaboration enables K2 Cyber policyholders to access TransUnion's TruEmpower™ CyberScout solution – providing cyber claims management, incident response, forensics consultation, and prevention tools.

This partnership allows TransUnion to monetize its data security capabilities in the growing cybersecurity insurance sector. For a company with $14.6 billion market capitalization, this specific partnership likely won't drive material near-term revenue but demonstrates TransUnion's continued execution on its diversification strategy.

The SMB (small and medium business) cybersecurity market represents a logical extension for TransUnion, leveraging its existing data management infrastructure and security expertise. By partnering with K2 Insurance Services' cyber brand, TransUnion gains distribution to the SMB insurance market without significant additional investment.

However, without details on financial terms, exclusivity provisions, or the size of K2 Cyber's policyholder base, it's difficult to quantify the potential revenue impact. The partnership appears to be a sensible business development initiative that incrementally strengthens TransUnion's product portfolio rather than a transformative deal that would significantly alter the company's growth trajectory or competitive position.

CHAPEL HILL, N.C.--(BUSINESS WIRE)-- K2 Cyber, a K2 Insurance Services brand and the provider of Intelligent Cyber Insurance™, announces today its partnership with TransUnion for Commercial Cyber Services and Cyber Claims Management. Through this collaboration, K2 Cyber policyholders will gain access to TransUnion’s TruEmpower™ CyberScout solution, a comprehensive service designed to help companies address and mitigate risks associated with cyber incidents.

This partnership enhances K2 Cyber’s offerings by providing cyber claims management, incident response remediation and forensics consultation, advanced cyber and business ID theft prevention tools, and a crisis hotline for proactive questions. Policyholders will also benefit from ongoing care, education, and triage services, ensuring they are well-equipped to handle and recover from any cyber threats that may arise.

"At K2 Cyber, we are committed to delivering unparalleled protection and support to our policyholders,” said Keith Moore, CEO and founder of K2 Cyber. “Partnering with TransUnion allows us to enhance our offerings with cutting-edge solutions that not only address current cyber threats but also empower our clients to proactively safeguard their digital environments, helping us redefine cyber risk management for the SMB sector.”

“The aftermath of a data breach can feel chaotic for a business owner, and it’s difficult to even know how to begin addressing the situation,” said Matt Cullina, Head of TransUnion’s Global Cyber Insurance Business. “CyberScout’s services are both technical and consultative to assess and repair the damage, while helping small business owners navigate the process—so they can focus on protecting their customers as well as their brand.”

About K2 Cyber:

K2 Cyber is the cutting-edge provider of Intelligent Cyber Insurance™, dedicated to cultivating winners in today's complex SMB digital landscape through continuous risk engineering, innovative prevention and mitigation tools, and comprehensive cyber education. By empowering insureds with resources typically beyond their reach, our influence drives positive change on a broader scale. Backed by a team with deep cyber insurance, technology and cybersecurity expertise, K2 Cyber is redefining cyber risk management for the SMB sector. For more information, visit k2cyber.ai.

K2 Cyber is a K2 Insurance Services brand.

About K2 Insurance Services:

K2 Insurance Services is an insurance services holding company that owns and controls a diverse set of MGAs, marketing, underwriting and servicing nearly $2 billion annually in niche commercial and personal insurance premiums. Our mission is to protect what matters most to our partners and clients through personalized and specialty insurance products by distributing innovative programs and products through trusted direct, retail and wholesale channels. Formed and led by successful insurance industry veterans and backed by Warburg Pincus, K2 is leading the way with specialty insurance programs

About TransUnion (NYSE: TRU):

TransUnion is a global information and insights company with over 13,000 associates operating in more than 30 countries. We make trust possible by ensuring each person is reliably represented in the marketplace. We do this with a Tru™ picture of each person: an actionable view of consumers, stewarded with care. Through our acquisitions and technology investments we have developed innovative solutions that extend beyond our strong foundation in core credit into areas such as marketing, fraud, risk and advanced analytics. As a result, consumers and businesses can transact with confidence and achieve great things. We call this Information for Good® — and it leads to economic opportunity, great experiences and personal empowerment for millions of people around the world. http://www.transunion.com/business

Media Contact:

Katherine Moura, Chief Brand & Communications Officer

press@k2ins.com

Source: K2 Cyber

FAQ

What services will K2 Cyber policyholders receive through the TransUnion partnership?

Policyholders will receive TruEmpower CyberScout solution, including cyber claims management, incident response, forensics consultation, ID theft prevention tools, crisis hotline, and ongoing education services.

How does the K2 Cyber and TransUnion partnership benefit small business owners?

The partnership helps small business owners navigate cyber incidents with technical and consultative services, focusing on damage assessment, repair, and brand protection while managing customer security.

What is TruEmpower CyberScout and what does it offer?

TruEmpower CyberScout is TransUnion's comprehensive cyber protection service that helps companies address and mitigate risks associated with cyber incidents through prevention tools and response services.

What type of support does the K2 Cyber-TransUnion partnership provide during cyber incidents?

The partnership provides immediate crisis response through a hotline, incident remediation, forensics consultation, and ongoing support to help businesses recover from cyber threats.
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