Onsurity has teamed up with DBS Bank India to launch CyberSure, a cybersecurity plan tailored for Small and Medium Enterprises (SMEs) across India. In response to increasing cyber threats, including losses of over ₹7,488 crore to cyber fraud in 2023, CyberSure offers essential protection to businesses that often lack the resources to safeguard themselves.
Partnerships provide insurers with the key to unlock cybersecurity opportunities
CyberSure provides several key features:
• Comprehensive Insurance Coverage: SMEs are covered against digital theft through an affordable monthly subscription.
• 24/7 Dark Web Monitoring: This service scans the dark web for exposed credentials, promptly alerting users if any data breaches are detected.
• Educational Modules: Videos and interactive content in regional languages help SME owners stay informed about phishing, password safety, and other cyber risks.
• Digital Health Check: Users receive a quick evaluation of their digital security and a personalized health score.
As part of the launch, DBS Bank India will cover the first month of the CyberSure subscription for 10,000 eligible SMEs, with affordable rates available after the initial month.
Kulin Shah, Co-founder of Onsurity, said, “CyberSure allows SME owners to focus on their businesses while we handle their cyber protection." Sudarshan Chari, Managing Director of DBS Bank India, emphasized that the partnership aligns with DBS’s goal of offering solutions that go beyond traditional banking, helping SMEs stay secure in an increasingly digital world.
This partnership was formalized at the Global Fintech Festival, marking a significant step forward in cybersecurity for India's SMEs.
