NetDiligence adds cyber risk assessment tools to eRisk Hub portal

PHILADELPHIA— Network Standard Corp. has added three additional cyber risk assessment tools to its eRisk Hub portal, the company that does business as NetDiligence announced Tuesday.

One tool, called the public relations cost calculator, was developed with ZING Communications Pty. Ltd., a New York-based PR firm. The product projects the potential costs of crisis communications services related to a cyber breach and the release of sensitive information.

Another feature, the business interruption cost calculator, estimates first-party loss caused by a temporary outage in a business’ online storefront or computer network. Variables include the number of hours a system was down, the current selling season, the percentage of transactions lost, and insurance deductibles.

The third tool, developed with law firm Baker & Hostetler L.L.P., evaluates contractual and operational risks associated with cloud computing. The service is intended to help negotiate a contract with service providers.

The tools are available for no additional cost to eRisk Hub licensors and users. For more information, contact Mark Greisiger, president, at 610-525-6383 or mark.greisiger@netdiligence.com.