- TransUnion partners with K2 Cyber to enhance cybersecurity services for small and medium businesses (SMBs).
- SMB policyholders to receive comprehensive cyber incident management through TransUnion's TruEmpower™ CyberScout solution.
- Partnership aims to strengthen TransUnion's presence in the cybersecurity insurance sector.
K2 Cyber, a brand under K2 Insurance Services, has announced a strategic partnership with TransUnion (TRU, Financial) to enhance its cybersecurity protection services. This collaboration allows K2 Cyber policyholders access to TransUnion's TruEmpower™ CyberScout solution. The comprehensive service includes cyber claims management, incident response remediation, forensics consultation, business and personal ID theft prevention tools, and a dedicated crisis hotline.
Policyholders will benefit from ongoing care, education, and triage services tailored to assist companies in navigating and recovering from cyber threats. This strategic move is part of K2 Cyber's commitment to providing unparalleled protection and support to its clients in today's complex SMB digital landscape.
The partnership enables TransUnion to leverage its vast data management infrastructure and security expertise, tapping into the growing cybersecurity insurance market. It represents a strategic extension of TransUnion's business model, focusing on diversifying its offerings beyond traditional credit reporting services. Although the financial terms and potential revenue impact remain undisclosed, the partnership adds to TransUnion's diversified product portfolio.
Keith Moore, CEO and Founder of K2 Cyber, commented, "Partnering with TransUnion allows us to enhance our offerings with cutting-edge solutions that not only address current cyber threats but also empower our clients to proactively safeguard their digital environments, helping us redefine cyber risk management for the SMB sector."
Matt Cullina, Head of TransUnion's Global Cyber Insurance Business, added, "CyberScout’s services assist small business owners in assessing and repairing damage from data breaches, helping them protect their customers and brand effectively." By collaborating with K2 Insurance Services' cyber brand, TransUnion enhances its distribution to the SMB insurance market without significant additional investment.
