Announced during National Cyber Security Awareness Month, ePlus' suite of Cyber Services is designed to help remedy security posture gaps that may hinder insurability or lead to rising premium costs. Focusing on prevention, the Services offer varying engagement levels, ranging from vulnerability identification or preparedness assessments to full-on liability consulting and incident response, helping put organizations in a stronger position to meet new, emerging and stricter requirements.
ePlus Cyber Services include:
Cyber Insurance Consulting: Helps evaluate mandates from cyber insurers and guides organizations toward security frameworks expected by providers of cyber liability insurance.
- Ransomware Preparedness Assessment: Helps ensure an organization is able handle a potential Ransomware event from a technical perspective.
- Incident Response Services: Assists in defining business processes and minimizing potential exposure in the event of an incident. ePlus offers both real-time point engagements and retainer-based services to facilitate priority, rapid response.
- Cloud Managed Backup: Fully manages the backup and recovery environment along with regular testing so organizations can more quickly recover when disaster strikes.
- Managed Security Services: Ensures continuous monitoring and security operations for organizations with Managed Detection and Response, Automated Security Operations, Log Aggregation, Correlation and Compliance.
As the prevalence of ransomware attacks increases, cyber insurance coverage requirements are growing, along with the cost to maintain policies. A recent study reported that insurance rates have increased between 30-50 percent across the board1, and a
"Insurance brokers are raising the standards organizations must meet to qualify for coverage, evaluating against criteria from preparation and overall security posture, to recoverability and incident response mechanisms," said
For more information on ePlus Cyber Services, visit www.eplus.com/cyber-insurance-services.
1 Aon PLC, 2021
2 AM Best's Market Segment Report,
About ePlus inc.
ePlus is a leading consultative technology solutions provider that helps customers imagine, implement, and achieve more from their technology. With the highest certifications from top technology partners and lifecycle services expertise across key areas including security, cloud, data center, collaboration, networking and emerging technologies, ePlus transforms IT from a cost center to a business enabler. Founded in 1990, ePlus has more than 1,500 associates serving a diverse set of customers in the
ePlus®, Where Technology
Statements in this press release that are not historical facts may be deemed to be "forward-looking statements." Actual and anticipated future results may vary materially due to certain risks and uncertainties, including, without limitation, the duration and impact of COVID-19 and the efficacy of vaccine roll-outs, which could materially adversely affect our financial condition and results of operations and has resulted worldwide in governmental authorities imposing numerous unprecedented measures to try to contain the virus that has impacted and may further impact our workforce and operations, the operations of our customers, and those of our respective vendors, suppliers, and partners; national and international political instability fostering uncertainty and volatility in the global economy including an economic downturn, an increase in tariffs or adverse changes to trade agreements, exposure to fluctuation in foreign currency rates, interest rates and downward pressure on prices; our ability to successfully perform due diligence and integrate acquired businesses; the possibility of goodwill impairment charges in the future; reduction of vendor incentive programs; significant adverse changes in, reductions in, or losses of relationships with one or more of our largest volume customers or vendors; the demand for and acceptance of, our products and services; our ability to adapt our services to meet changes in market developments; our ability to implement comprehensive plans to achieve customer account coverage for the integration of sales forces, cost containment, asset rationalization, systems integration and other key strategies; our ability to reserve adequately for credit losses; our ability to secure our electronic and other confidential information or that of our customers or partners and remain secure during a cyber-security attack; future growth rates in our core businesses; our ability to protect our intellectual property; the impact of competition in our markets; the possibility of defects in our products or catalog content data; our ability to adapt to changes in the IT industry and/or rapid change in product standards; our ability to realize our investment in leased equipment; our ability to hire and retain sufficient qualified personnel; and other risks or uncertainties detailed in our reports filed with the
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SOURCE ePlus inc.