(Image source: Dashline homepage.)
Chubb (Zurich) is building on a successful partnership with Dashlane (New York), a provider of digital identity management services, to now offer policyholders worldwide a complimentary Dashlane Premium license as part of their policy benefits. The offer is now available in Europe, with other regions available soon, according to a Dashline statement. The partnership is part of Chubb’s Cyber Services program, aimed at helping policyholders to identify and mitigate key cyber exposures.
According to the U.S. National Cyber Security Alliance, the average price for small businesses to clean up after being hacked stands at $690K, and for middle market companies it’s more than $1M. By using a password manager as a first line of defense, businesses can add an additional layer of security against hacks, data breaches, and other cyber-attacks.
“Poor password hygiene is a major risk for companies—a single stolen credential re-used on multiple sites can unlock dozens of accounts for hackers, exposing companies, employees, and customers to security breaches,” comments Emmanuel Schalit, CEO, Dashlane. “A strong password manager like Dashlane is key in providing cyber risk prevention, and we’re thrilled to expand our partnership with Chubb globally, ensuring that small businesses stay fortified against online threats.”
Risk Improvement Services
“We are committed to bringing to our cyber policyholders the most effective risk improvement services,” comments Tim Stapleton, SVP, Cyber & Technology Practice Leader, Chubb Overseas General. “We recognize that password security is an important part of cyber risk protection that enhances cyber defenses by improving employee behavior. Dashlane and Chubb are industry leaders, and we’re proud to partner and offer this solution.”