Beazley's expanded cyber service, available by endorsement, is designed to ensure that policyholders who have suffered unauthorized access or use of their systems are able to resume operations at optimal levels of security to prevent a breach re-occurring. 
The service includes an assessment of external and internal vulnerabilities, recommendations for improvement across networks, application servers and databases, and for putting in place the right people and processes. It also includes consultation services to help improve or implement incident response plans and other critical policies and procedures.
Mike Donovan, technology, media & business services global focus group leader at Beazley, said: "Any business will sooner or later be confronted with the challenge of a cyber-breach. And we know that once cyber-criminals detect and exploit an organization's vulnerabilities, they will come back again and again. Our post breach consultation and remediation services are designed to help our policyholders access Lodestone's specialist know-how and minimize the chances of lightning striking twice."
Sergio Pedro, chief executive officer of Lodestone added: "Small and medium-sized businesses are increasingly vulnerable to cyber attacks. As these become ever more sophisticated and harder to defend they can seriously compromise an organization's ability to trade and can result in significant remediation costs. For Beazley's policyholders, when the worst does happen, our new service means they can access dedicated consultancy and remediation services that are normally only within the reach of Fortune 500 organizations."