AXIS partners with Elpha Secure

AXIS Insurance, the specialty insurance business segment of AXIS Capital , and Elpha Secure , a cyber security company built for the insurance industry, announced a partnership to provide cyber insurance and software protection to small businesses. Elpha Secure offers Elphaware, a Software as a Service (SaaS) application used to mitigate the risk of common cyber threats. Elphaware provides small and micro businesses with the cyber security tools and protections that are expected in today’s marketplace.

“Today’s small businesses have a need for efficient, effective solutions to manage their cyber risks. Cyber risk mitigation requires sound insurance solutions balanced with resolute cyber security for the resiliency of small businesses and for long-term stability. The Elpha Secure team are innovators, having brought critical cyber risk mitigation solutions to small enterprises and micro-sized businesses.” – Dan Trueman, Global Head of Cyber and Technology at AXIS Insurance.

Elphaware provides small business owners with a suite of cyber security tools that work alongside existing security measures in a single, ‘simple’ installation. The software has five primary features:

  • Secure, encrypted backups of critical data
  • Multi-factor Authentication for remote access
  • Ability to restore compromised systems in hours
  • Creation of a Virtual Private Network (VPN)
  • Insider threat and anomaly detection
  • Elphaware provides its users with fundamental cyber protection from social engineering and malware attacks, such as ransomware, and enables small businesses to recover quickly in the event of an incident.

“The entire Elpha Secure team is excited to work with AXIS. Together, we can help protect businesses from cyber criminals. We know cyber security is hard. Elpha Secure makes it easy.” –  Preetam Dutta, Chief Executive Officer at Elpha Secure.