VSK and Angara: A service and insurance product on a comprehensive protection of small and medium business from cyber attacks

Main article: Trends of development of IT in insurance

2020: Start of a product on cyberinsurance

The VSK Insurance House and service provider of the replicated services of security of Angara Professional Assistance (enters into Angara group) started a product on cyberinsurance based on technologies of Kaspersky Lab. On October 26, 2020 Angara Group reported about it.

The product is under construction based on MSS service of Angara Professional Assistance – ACR service EDR which includes intelligent tools of Kaspersky Lab and the stack of technologies applied by analysts of the Center of cyberstability of ACRC (SOC) to identification of incidents of information security.

According to poll of Kaspersky Lab, for the last 12 months the Russian companies of small and medium business on average spent for security of corporate perimeter 4.7 million rubles everyone. Survey results illustrate pandemic effects: those companies which could survive and in time rebuild the work in the conditions of a coronavirus, are forced to spend more for IT and cybersecurity. At the same time sequestering of budgets as a result of epidemic of COVID-19 and growth of dollar exchange rate require available alternatives for ensuring continued operation of business.

The VSK Insurance House and Angara Professional Assistance offer the available two-level program which, on the one hand, will build protection of data assets of the company, and with another – will compensate it financial losses if cyber attack nevertheless entails negative effects for the organization or its clients. To use service, it is enough to issue the insurance policy, to set the software on working computers and to be connected to the Center of cyberstability of ACRC. From this point digital assets of clients will be under control of analysts of SOC in the 24 on 7 mode.

The service component of a product protects the companies from programs racketeers, infections harmful SOFTWARE, operation of vulnerabilities phishing, cracking of information systems. For this purpose experts-analysts of Angara Professional Assistance far off and round the clock monitor a status of information infrastructure and also reveal incidents of cybersecurity and react to them. An intellectual basis of service for providing Information Security – the software solution "Kaspersky Lab" on protection against difficult and unknown threats – Kaspersky Endpoint Detection and Response (Kaspersky EDR) and also the platform Angara Cyber Resilience Platform (ACRP) intended for monitoring, investigation and analytics of cyberthreats. Solutions provide a powerful comprehensive protection of workstations, detection of threats, event management of security and fast reaction to critical incidents.

Under insurance protection there are the computer equipment, databases, software, applications, the websites, mail, cloud services and also money and securities on accounts in banks. The insurance indemnity is provided taking into account a range of risks, namely in a case: damages or losses of computer, data, financial assets, interruptions in business activities, expenses on investigation of incidents of cybersecurity and compensations of harm to clients of the insurer, victim of leakage of personal or confidential data.

Depends on the level of information security both smooth and effective operation of business, and its competitiveness. A large number of the companies suffered from crisis, the situation strongly aggravated questions of ensuring level of information security in the different industries of business. We suffered the arising problems, and with our partners made use of this experience for creation of the direction of insurance of cyberrisks, with special service. Our product is developed for the companies which have no big budgets on information security, but understand critical importance of protection of the digital boundaries, want to secure themselves against idle times and to be sure that in case of cyber attack of their loss will be compensated. We are sure of perspectives of development of service and insurance solutions in this area and we see the value which we can give to our clients, – the deputy CEO for business development of VSK Insurance House Olga Sorokina commented.

Thanks to our collaboration with VSK Insurance House and Kaspersky Lab we brought to the market solutions on service model with the supported financial responsibility and at the expense of it gave the chance to an average segment of the market to increase the level of own security. In return, we guarantee quick start of service, the high level of service and also the round-the-clock monitoring, identification, reaction and investigation of incidents of cybersecurity by high quality experts of the Center of cyberstability of ACRC (SOC), – the head of Angara Professional Assistance Oksana Vasilyeva comments.

Insurance of cyberrisks – really convenient method of strengthening of protection of the companies of medium and small business for which the information security is not a profile type of activity. The tool of the EDR level allows to reveal quickly incidents of information security at workstations and to react to them that especially effectively works when it is implemented in such center of response to cyberthreats as ACRC, – Mikhail Pribochy, the managing director of Kaspersky Lab in Russia, CIS and Baltic countries shared opinion.