CrowdStrike has unveiled ‘Falcon for Insurability’, a new program allowing cyber insurers to provide organisations with industry-leading cyber protection from the AI-native\u00a0CrowdStrike Falcon cybersecurity platform\u00a0at preferred rates. <\/p>\n\n\n\n
With Falcon for Insurability, insurers including Ascot Group, AXA XL, Beazley Insurance, Berkley Cyber Risk Solutions, Coalition and Resilience reduce underwriting risk knowing that insured organisations have best-in-class cyber protection from the Falcon platform to improve cyber resilience and stop breaches.<\/p>\n\n\n\n
The persistence and sophistication of cyberattacks continue to create cyber risk underwriting challenges: more organisations are having to decide between paying higher premiums, receiving reduced coverage, and rationalising their cybersecurity spend. Carriers are requiring companies to have advanced cyber defenses to qualify for policies, excluding many from obtaining coverage. Falcon for Insurability allows carriers to provide the world\u2019s most advanced AI-powered protection at preferred rates. With the Falcon platform, organisations can\u00a0detect 96% more threats\u00a0in half the time compared to other vendors, and conduct investigations 66% faster \u2014 significantly improving their ability to stop breaches. This reduces cyber risk for companies and underwriting risk for carriers, allowing more businesses to obtain coverage while increasing their cyberdefenses.<\/p>\n\n\n\n
\u201cAs cybersecurity\u2019s leader, CrowdStrike understands the nuances of cyber insurance, and we have a team dedicated to working with the cyber insurance community. Our AI-native cybersecurity platform is increasingly important not only to the security of the organisation, but also its insurability,\u201d said Daniel Bernard, Chief Business Officer, CrowdStrike. \u201cFalcon for Insurability empowers boards of directors and cyber leaders to take a more active role overseeing and comprehensively addressing a risk to resilience journey.\u201d<\/p>\n\n\n\n
\u201cIn today\u2019s threat landscape, Falcon for Insurability is a mutually beneficial solution for organisations everywhere. Access to cybersecurity resources and tools like this boosts our clients\u2019 cyber confidence and our own in extending cyber insurance coverage,\u201d said Anthony Dagostino, Global Chief Cyber Underwriting Officer, Commercial Lines, AXA. \u201cThis program reduces the chance that companies will experience an impactful breach that could threaten their reputation and profitability.\u201d<\/p>\n\n\n\n
\u201cBeazley\u2019s Full Spectrum Cyber offering ensures our clients can pre-empt, respond and adapt to emerging cyber threats every day. Deploying CrowdStrike Falcon alongside our solution will deliver powerful new resources to the ongoing battle against cyber criminals and further strengthen our clients\u2019 cyber resilience,\u201d said Paul Bantick, Global Head of Cyber Risks, Beazley Insurance.<\/p>\n\n\n\n
\u201cWe are excited to continue our partnership with CrowdStrike to offer our policyholders access to its expanded portfolio of security solutions. Policyholders now have a variety of options, ranging from very affordable endpoint protection for small businesses to a customisable and solution-specific product for larger organisations,\u201d said Steve Krusko, Chief Underwriting Officer, Berkley Cyber Risk Solutions. \u201cAll Berkley Cyber Risk Solutions\u2019 policyholders can access tools to mitigate today\u2019s most relevant threats to their IT systems.\u201d<\/p>\n\n\n\n
\u201cEvery day, businesses are bombarded with new and fast-evolving digital risks,\u201d said John Roberts, General Manager, Security, Coalition. \u201cSolutions like CrowdStrike\u2019s Falcon platform give Coalition\u2019s policyholders the ability to actively reduce their cyber risks, help prevent impactful breaches, and improve overall cyber insurance outcomes.\u201d<\/p>\n\n\n\n
\u201cWe are excited to build upon our long-standing partnership with CrowdStrike through the Falcon for Insurability program. The combination of CrowdStrike\u2019s leading protection with Resilience\u2019s unique approach to quantifying and managing cyber risk holistically helps us better understand an organisation\u2019s security posture and protect our joint clients,\u201d said Timothy Riley, SVP Products, Resilience.<\/p>\n","protected":false},"excerpt":{"rendered":"
CrowdStrike has unveiled ‘Falcon for Insurability’, a new program allowing cyber insurers to provide organisations with industry-leading cyber protection from the AI-native\u00a0CrowdStrike Falcon cybersecurity platform\u00a0at preferred rates. With Falcon for Insurability, insurers including Ascot Group, AXA XL, Beazley Insurance, Berkley Cyber Risk Solutions, Coalition and Resilience reduce underwriting risk knowing that insured organisations have best-in-class […]<\/p>\n","protected":false},"author":62,"featured_media":100385,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[14804,36,13],"tags":[6048,14382,6102,18365],"class_list":["post-100384","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cybersecurity","category-intelligent-technology","category-top-stories","tag-crowdstrike","tag-cyber-insurance","tag-cyber-protection","tag-falcon-for-insurability"],"acf":[],"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/www.intelligentcio.com\/me\/wp-json\/wp\/v2\/posts\/100384","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.intelligentcio.com\/me\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.intelligentcio.com\/me\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/me\/wp-json\/wp\/v2\/users\/62"}],"replies":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/me\/wp-json\/wp\/v2\/comments?post=100384"}],"version-history":[{"count":2,"href":"https:\/\/www.intelligentcio.com\/me\/wp-json\/wp\/v2\/posts\/100384\/revisions"}],"predecessor-version":[{"id":100387,"href":"https:\/\/www.intelligentcio.com\/me\/wp-json\/wp\/v2\/posts\/100384\/revisions\/100387"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/me\/wp-json\/wp\/v2\/media\/100385"}],"wp:attachment":[{"href":"https:\/\/www.intelligentcio.com\/me\/wp-json\/wp\/v2\/media?parent=100384"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.intelligentcio.com\/me\/wp-json\/wp\/v2\/categories?post=100384"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.intelligentcio.com\/me\/wp-json\/wp\/v2\/tags?post=100384"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}