Hiscox announced the launch of a new Security Incident Response (SIR) policy designed to address the changing risk landscape. SIR will enable organizations to fulfil their duty of care obligations to protect people, operations, shareholder value and long-term brand and reputation. The SIR policy indemnifies against a broad range of perils including: criminal risks; political risks; terrorism and political violence risks; information risks; and kidnap, detention and extortion risks. It equips organizations with the best available incident response, crisis management, strategic advice and recovery, due to Hiscox's exclusive partnership with leading global risk consultancy Control Risks, who have over 40 years' experience in the field. This policy covers all of Control Risks' activities to help clients manage an incident, including the deployment of response consultants and appropriate technical experts, post-incident reporting and remediation to ensure a smooth transition back to business as usual.