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Cybersecurity and insurance partnership for sub-Saharan Africa

Sophos has entered into an exclusive partnership with Phishield, a specialist cyber insurance provider, to offer integrated cyber protection (from Sophos) and an insurance solution (from Phishield) to businesses across sub-Saharan Africa. The collaboration is the first of its kind in the region, aligning proactive threat detection and response with tailored insurance incentives designed to significantly reduce both cyber risk and recovery costs.

With cyberattacks increasing in frequency and complexity, and 63% of ransomware victims in South Africa stating that a lack of human expertise contributed to their being hit, the partnership provides a much-needed bridge between technology-driven prevention and financial resilience.

Be sure to catch the recent SMARTpod interview with Sophos and Phishield at xxx, where we discuss the latest ransomware report from Sophos and the company’s partnership with Phishield.

Sophos' flagship managed detection and response (MDR) service is now directly linked to preferential insurance terms through Phishield, giving clients access to:

• Preferential insurance rates for companies using Sophos MDR.

• Insurance cover of up to R100 million.

• Access to Sophos’ trusted distribution and reseller network.

• A unified approach to cyber resilience combining technology, data insights, and financial protection.

“This collaboration delivers measurable business value by linking real-time threat mitigation with real financial benefits,” says Pieter Nel, sales director SADC at Sophos. “By partnering with Phishield, we are providing our partners and their clients the opportunity for improved cyber ROI and meaningful risk reduction.”

The programme, which has launched in South Africa and will expand across sub-Saharan Africa over the next 12 months, also addresses a key market challenge; many independent insurance brokers lack the technical knowledge to confidently advise clients on cyber cover. To overcome this, Sophos resellers can now connect interested clients directly with Phishield’s specialist brokers through a streamlined onboarding process.

“This partnership reshapes the way organisations in Africa think about cybersecurity and insurance,” says Sarel Lamprecht, MD at Phishield. “Sophos MDR provides the rapid response capabilities that directly reduce the severity and cost of incidents, and in turn, we are able to reward clients with potential savings of up to 30% in premiums. It is a mutually reinforcing model that protects and empowers businesses.”

This collaboration reflects a shared commitment to addressing both the technical and financial impact of cyberattacks. As cyber risk becomes a board-level issue, integrated solutions like this offer a compelling roadmap for organisations seeking to safeguard their operations while improving their security ROI.

Find out more:

• Sophos: www.sophos.com

• Phishield: www.phishield.com

• SMARTpod’s podcast: youtu.be/IrVJCRcQ21U

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