Asgard MSP's Cyber Security Warranty is a financial protection service designed for SMBs that provides cash payouts following validated cyber-attacks. It is positioned as an alternative to traditional cyber insurance, with a simplified qualification process based on existing IT systems and an external scan. Coverage Areas: - Ransomware Warranty: Financial coverage for ransomware incidents, with claims processed through integration with the client's EDR system. Payments are made overnight upon incident validation. - Business Continuity Warranty: Financial coverage in the event of data loss, complementing cloud backup services. Key Operational Characteristics: - Coverage can be activated in under 5 minutes after a fast external scan. - Payouts of up to $50,000 are issued within 24 hours of attack validation. - Incident reports are generated in human-readable format, detailing affected machines and incident details. - Qualification is based on existing IT infrastructure rather than complex insurance underwriting processes. The service targets SMBs that may not qualify for or afford traditional cyber insurance policies. It is offered as part of Asgard MSP's broader managed IT and security services portfolio.