Blackpanda's Incident Response Service "IR-1" Now Includes Free Cyber Insurance, Handled by SB C&S

BLACKPANDA JAPAN Co., Ltd. (Headquarters: Minato-ku, Tokyo; Representative Director: Masaki Hiraoka; hereinafter "Blackpanda") and SB C&S Co., Ltd. (Headquarters: Minato-ku, Tokyo; President and CEO: Kazuya Kusakawa; hereinafter "SB C&S") have begun offering a new cyber risk countermeasure model that integrates cyber insurance with a compensation limit of 10 million yen, free of charge, with the incident response service "IR-1."

With the increasing sophistication and complexity of cyber attacks, damage from ransomware and targeted attacks is expanding regardless of company size, making complete defense difficult. In this situation, the ability to respond, assuming incidents will occur, is becoming increasingly important as a management issue directly linked to business continuity and the maintenance of corporate value. In particular, delays in initial response immediately after an incident are pointed out as a risk that can expand damage and harm credibility. On the other hand, many companies lack specialized personnel and face cost constraints, making it difficult to establish advanced incident response systems and prepare for financial risks. Against this backdrop, there is a growing need for incident response services that can ensure a system for experts to respond quickly in the event of an incident, even during normal times.

Blackpanda's "IR-1" is a subscription-based service that provides a system for experts to respond quickly in the event of an incident. With a pricing structure that is easy for companies of all sizes to adopt, it enables effective incident response even for companies that find it difficult to build advanced response systems. By newly attaching cyber insurance (with a compensation limit of 10 million yen) provided by Mitsui Sumitomo Marine & Fire Insurance Co., Ltd. to "IR-1" free of charge, companies can prepare for financial risks such as investigation costs, system recovery, and losses due to business interruption, in addition to practical response support during an incident. This integrated incident response and compensation solution supports corporate business continuity as a more comprehensive cyber risk countermeasure.

Going forward, SB C&S will leverage its nationwide sales network of approximately 15,000 companies to promote the advancement and expansion of cyber incident response capabilities among Japanese companies.

[Key Features]

・"Cyber Fire Brigade" for immediate response

Immediately after a cyber incident, digital forensics are performed to quickly identify the extent of damage and intrusion routes. Rapid initial analysis prevents the spread of damage and leads to early recovery.

・"Specialized Unit" dedicated to incident response

A specialized team dedicated to cyber incident response investigates the causes and scope of impact of unauthorized access and virus infections, clarifying what happened. They provide consistent support from recovery efforts to consideration of recurrence prevention measures.

・Overwhelming "Cost Performance"

It compensates for costs incurred for investigation and recovery, as well as losses incurred due to business interruption. The subscription model keeps cost burdens low while preparing for financial risks in the event of an emergency. Please refer to the website below for insurance terms and conditions.

https://www.blackpanda.com/jp/cyber-insurance-tandc

[Product Details]

https://www.it-ex.com/products/maker/blackpanda/ir1-byblackpanda.html

[Inquiries about the product]

SBCASGRP-security-marketing@g.softbank.co.jp

Comment from Masaki Hiraoka, Representative Director of BLACKPANDA JAPAN Co., Ltd.

Cyber incidents have entered an era where "preparation is based on the assumption of occurrence." "IR-1" is a service that aims for a world where all companies, regardless of size, can have a professional incident response system. We are very encouraged to be able to provide a comprehensive solution that combines response and compensation to the market, together with Mitsui Sumitomo Marine and SB C&S. We will contribute to improving the cyber resilience of Japanese companies.

Comment from Hiroaki Yamana, Head of Network & Security Promotion Division, ICT Business Unit, SB C&S Co., Ltd.

The quality of response after a cyber incident significantly impacts business continuity. IR-1 is a highly practical service that considers not only incident response in emergencies but also attack surface management in normal times. Furthermore, with complimentary cyber insurance, customers can more easily consider comprehensive preparations. Together with our sales partners, we will widely deliver this solution to the market.