Asure Highlights Client Cyber Coverage That Helps Thousands of Employers Combat Rapid Increase in AI-Enabled Threats

Asure Software (ASUR) highlighted its CyberMax Protects offering during Cybersecurity Awareness Month, with coverage now reaching thousands of employer clients.

Rhea-AI Summary

Asure Software (ASUR) highlighted its CyberMax Protects offering during Cybersecurity Awareness Month, with coverage now reaching thousands of employer clients.

The offering bundles cyber liability insurance with prevention services and incident response support for small and mid-sized businesses. Coverage includes “bricking,” when a cyberattack makes a device unusable. Services include phishing testing, security reviews and 10 managed detection and response licenses. Policyholders can access forensics, breach counsel and 24/7/365 breach support. Coverage is subject to applicable policy terms, limits and exclusions.

Key Figures

Businesses covered: Thousands of businesses Managed detection and response licenses: 10 licenses Breaches involving AI: 1 in 4 malicious breaches +1 more

Businesses covered

Thousands of businesses

Asure's small and mid-sized business clients covered by CyberMax

Managed detection and response licenses

10 licenses

Included in CyberMax Protects

Breaches involving AI

1 in 4 malicious breaches

IBM's 2026 Cost of a Data Breach Report

AI-driven breach cost increase

Up to $1 million per breach

Costs attributed to AI-driven attacks in IBM's 2026 report

Key Terms

cyber liability insurance, incident response, managed detection and response, vulnerability scans

4 terms

cyber liability insurance financial

"cyber liability insurance bundled with prevention services and incident response support"

Insurance that pays for losses and liabilities arising from cyber incidents such as data breaches, ransomware, network interruptions, or unauthorized access. Policies commonly cover first-party costs (for example, forensic investigation, data restoration, business interruption, and ransom payments) and third-party liabilities (for example, legal defense, regulatory fines where insurable, and claims by customers or partners), but they vary widely in covered events, limits, deductibles, and specific exclusions—so a policy’s scope and required security practices determine what will actually be paid.

incident response technical

"prevention services and incident response support"

Incident response is the organized process a company uses to detect, investigate, contain and recover from a security breach, data loss, operational outage or other urgent problem. For investors, it shows how quickly a firm can limit financial and reputational damage, restore normal operations and meet legal or disclosure duties — like an emergency crew that protects a building’s value and occupants when a fire breaks out.

managed detection and response technical

"It also includes 10 managed detection and response licenses"

Managed detection and response (MDR) is a service where outside specialists continuously monitor a company’s digital systems, look for signs of cyberattacks, and take or recommend immediate action to contain and fix problems. Think of it as hiring a dedicated 24/7 security team and emergency response crew for a business’s IT systems; for investors, MDR matters because it reduces the risk of costly breaches, downtime, regulatory fines, and damage to reputation that can hurt revenue and share value.

vulnerability scans technical

"external vulnerability scans, and cybersecurity and data privacy assessments"

Automated security checks that probe computer systems, networks, servers, applications and devices to find known weaknesses, missing patches, insecure configurations or outdated software. Scans use databases of identified vulnerabilities (often with standard identifiers), produce prioritized findings and risk scores, and can run from outside an organization or with credentials inside its network; they identify potential problems but do not safely demonstrate exploitation. Limitations include false positives and negatives, and the need for follow-up work (patching, configuration changes or manual testing) to confirm and fix real security risks.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Cybersecurity Awareness Month, October, brings attention to AI-enabled threats such as “bricking” and how Asure uniquely helps employers prepare

AUSTIN, Texas, Oct. 13, 2026 (GLOBE NEWSWIRE) -- Asure Software, Inc. (Nasdaq: ASUR), which delivers payroll and human resources solutions and enterprise payroll tax and treasury services, today highlighted its CyberMax Protects offering in recognition of Cybersecurity Awareness Month, a Department of Homeland Security initiative. CyberMax now covers thousands of Asure’s small and mid-sized businesses with cyber liability insurance bundled with prevention services and incident response support, extending the value Asure can provide through its existing employer relationships.

For Asure’s clients, the cyber insurance business case helping employers protect the continuity of their operations as they rely more heavily on digital systems used to deliver payroll and HR. Asure’s CyberMax Protects policy is among the few such policies protecting against “bricking,” which is when a cyberattack makes a device unusable—essentially turning it into a “brick.” Offering valuable complementary services such as cyber insurance through an established customer relationship creates an opportunity to increase adoption of additional solutions and deepen customer engagement.

“Our customers depend on digital systems to pay employees, manage their workforce and run their businesses,” said Pat Goepel, Chairman and Chief Executive Officer of Asure. “Helping them prepare for cyber disruption is a practical extension of the relationship we already have. CyberMax Protects gives employers access to prevention tools, insurance and expert response support, while creating another opportunity for Asure to serve more of their business needs.”

AI-enabled attacks add urgency to that need. IBM’s 2026 Cost of a Data Breach Report found that one in four malicious breaches involved AI, a 56% increase from the prior year. The report included that deepfake impersonation was the most common type of hack, and AI-driven attacked added costs of up to $1 million per breach. Voice and SMS phishing attacks, 17% of reported hacks, are the most expensive according to the report.

CyberMax Protects pairs insurance with practical services employers can use before an incident occurs. The program includes phishing security testing, phishing and wire fraud training materials, incident response planning resources, and Microsoft 365 or Google Workspace security reviews. It also includes 10 managed detection and response licenses, external vulnerability scans, and cybersecurity and data privacy assessments with expert recommendations.

If an incident occurs, policyholders have access to forensics, breach counsel and 24/7/365 breach support. Coverage is subject to the applicable policy terms, limits and exclusions.

“On CyberMax, the claims we see most often start with phishing and account takeovers, sometimes serious enough that a laptop has to be wiped,” said Robert Campbell, Vice President of Partnerships at CyberMax Protects. “That’s why we pair coverage with prevention, including phishing testing, managed detection and response, and security reviews of Microsoft 365 and Google Workspace. And if an incident does happen, forensics, breach counsel, and 24/7/365 breach support mean small businesses get expert help right away.”

Asure’s broader Marketplace strategy brings payroll and HR together with complementary offerings that address the needs of growing businesses. Cyber protection supports that approach by giving employers access to resources intended to help them prepare for disruption and respond promptly when problems arise. Learn more at www.cybermaxprotects.com/asure/.

About Asure Software

Asure Software, Inc. (Nasdaq: ASUR) helps employers manage payroll, HR, recruiting, time and attendance, benefits and compliance. Its enterprise payroll tax and treasury services support tax filing across jurisdictions, funding and money movement for large organizations. Learn more at www.asuresoftware.com.

About CyberMax Protects

CyberMax Protects gives small and mid-sized businesses cyber liability insurance and proactive cybersecurity in one simple program. Every policy is backed by a national A- rated carrier and comes bundled with prevention services, including phishing security testing, managed detection and response, vulnerability scans, security assessments, and Microsoft 365 or Google Workspace reviews. If an incident happens, policyholders get forensics, breach counsel, and 24/7/365 breach support. Businesses that need more protection than the program provides can buy additional cyber liability coverage online in minutes. Learn more at http://www.cybermaxprotects.com/.

Forward Looking Statements

This release includes forward-looking statements about Asure’s employer services strategy, opportunities to increase adoption of additional solutions and deepen customer engagement, and the expected benefits of cyber protection services. Actual results may differ materially because of customer demand, execution risks, changes in cyber threats, the effectiveness of third-party services and other factors described in Asure’s filings with the Securities and Exchange Commission. These statements speak as of the date of this release. Asure undertakes no obligation to update them except as required by law.

Investor Relations Contact

Patrick McKillop
Vice President, Investor Relations
617-335-5058
patrick.mckillop@asuresoftware.com