Cybercriminals have thrust their way into the mainstream spotlight in recent times – with attacks on AXA
grabbing headlines last week alone. However, while we may be more exposed to their capabilities than ever before, most of us know little about one of their favourite habitats – the dark web.
Now, however, one leading underwriter is hoping to change that.
CFC Underwriting has teamed up with RepKnight to launch CFC BreachAlert – a dark web monitoring tool for the firm’s cyber insurance policyholders. It alerts policyholders in real time if their data becomes exposed on the dark web.
The idea is that the BreachAlert can be configured for corporate email domains, server IP addresses, employee login credentials and lists of clients and employees. It will also allow policyholders to search for keyword expressions – such as the name of their product or company, as well as watermarks that have been added to in-house data. According to Anthony Hess, CFC’s head of incident response, it all means that policyholders will be the first to know if their information has been leaked.
“Data breaches are unfortunately a fact of life for many companies, no matter their size or the security of their networks,” he said. “CFC BreachAlert is a great addition to our cyber risk management offering, giving policyholders an additional tool to help them minimise the impact of a data breach.”
“BreachAlert is an innovative solution to mitigate against data being hacked, leaked, or sold online, constantly keeping watch for your data outside the firewall,” added Tim Haynes, CEO of RepKnight, a provider of web applications for cyber threat intelligence. “And with fines set to skyrocket next year under European GDPR legislation, there’s never been a better time to get protected.”
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