Kaseya subsidiary’s new automated Audit Guru features help MSPs document ‘due care’
Kaseya’s RapidFire Tools subsidiary today unveiled Audit Guru for Cyber Insurance, an automated solution designed to help organizations meet compliance requirements for cybersecurity liability insurance.
The Lowdown: Audit Guru for Cyber Insurance gives MSPs a methodical assessment process that combines automated data collection with a validation engine to verify and document compliance with cyber insurance requirements, officials said.
The Details: Once installed on a policyholder’s network, Audit Guru regularly scans the environment to identify changes that could impact insurance coverage and payout in the event of an incident.
The tool obviates the need for time-consuming and error-prone manual documentation, officials added.
The Buzz: “With the recent explosive growth of confusing cyberinsurance products coming to market, thousands of SMBs are purchasing policies filled with technical contingencies that could — and frequently do — void their claims,” said Michael Mittel, president and general manager of RapidFire Tools. “With the new Audit Guru for Cyber Insurance offering, we arm MSPs with the ability to systematically document and provide evidence that they meet the requirements set by top insurance carriers, effectively eliminating any guesswork when it comes to compliance and ensuring that claims are paid.”
“The threat of a data breach is a very real concern in today’s world, and having a tool, like Audit Guru for Cyber Insurance, that ensures compliance and therefore payout in the event of a claim is invaluable to safeguarding the future of our business,” said Adam Schwam, CEO of Sandwire, an IT service provider in Farmingdale, New York. “The continued innovation we see come out of RapidFire Tools and the Kaseya family of brands is a testament to their commitment of delivering game-changing solutions that enable us to stay ahead of the curve and continue to provide the best-in-class services our customers have come to expect.”