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Bitdefender and Cysurance Team Up to Provide MDR Customers with Up to $1 Million in Cyber Insurance Coverage

Posted on November 23, 2024November 23, 2024 By Martin Hinton

Bitdefender announced a new cybersecurity breach warranty program for businesses using its Managed Detection and Response (MDR) services. The program offers Bitdefender customers up to $1 million in Cysurance Certification Warranty and access to discounted premium cyber insurance coverage. Delivered through a partnership with Cysurance, the warranty provides financial compensation if a security incident affects operations. It addresses compliance issues, legal liabilities, and financial losses after a cyber incident.

Cysurance certifies Bitdefender’s MDR services to ensure proper security controls are in place. Both new and existing customers receive this protection at no extra cost. “Businesses should have confidence in the solutions that protect vital assets,” said Kirsten Bay, CEO of Cysurance. “They also need access to financial resources that fund recovery efforts should a security incident occur. Bitdefender’s MDR services have been certified by Cysurance to reduce the likelihood, severity, and impact of cyber incidents.”

Cyber threats like email compromise, credential theft, malware, and phishing are increasing. A recent survey of over 1,200 IT professionals found that more than half experienced data breaches in the past year. Bitdefender’s warranty program aims to provide businesses with a financial safety net in this challenging environment.

“Remain Secure”

“We’re committed to delivering world-class MDR services that help businesses remain secure,” said Andrei Pisau, vice president of MDR services at Bitdefender. “The new cybersecurity breach warranty provides peace of mind by offering our customers a financial safety net at no extra cost should any incident occur.”

Bitdefender’s MDR services offer continuous threat monitoring and response. They include threat hunting, security consulting, and analyst recommendations. These services operate through the Bitdefender GravityZone Platform. The platform provides endpoint protection, detection, and response features.

See also  Carnival Hit for Violating Gov MFA Regs; Gov and Cyber Insurance Industry Standards Converging? 

Bitdefender, founded in 2001, provides threat prevention, detection, and response solutions globally. The company serves consumers, enterprises, and government organizations. It invests in research to discover new threats and enhance cybersecurity measures.

Cysurance certifies and insures enterprises’ security solutions. Certified solutions meet stringent requirements to minimize vulnerabilities. The warranties can be applied to cyber insurance deductibles and other expenses after an incident.

Source: Bitdefender Partners with Cysurance to Provide MDR Customers with a Cybersecurity Breach Warranty Program.

Other News: Cysurance Offers Discounted Ransomware Protection and Cyber Insurance for Sophos Customers in Australia(Opens in a new browser tab)

Other News: What is cyber insurance, and why is it becoming more popular?

Martin Hinton

Martin Hinton is the Executive Editor and Publisher of Cyber Insurance News and Information. With over three decades of journalism experience across six continents, his work encompasses investigative reporting, documentaries, and coverage of cultural, political, and business news. To learn more about his career, click on his name to visit his LinkedIn page.

Cyber Insurance Tags:Bitdefender, cyber insurance, cyber liability insurance, Cybersecurity, Cysurance, Managed Detection and Response, Managed Detection and Response cyber insurance, MDR, MDR Cyber insurance

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In this clip from our latest podcast, Dan Candee, CEO of Cork Protection, discusses a critical component of SMB cyber resilience—the evolving role of cybersecurity insurance. Dan highlights the need for nimbleness in cyber coverage, especially for small businesses that often bear the brunt of devastating attacks.

💬 Quote Highlight:
"At the end of the day, my business is to serve the SMB market... who is providing the most value fastest." – Dan Candee, CEO Cork Protection.

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Cyber Insurance for SMBs – What Needs to Change? | Dan Candee Interview
In this clip from our latest podcast episode, Dan Candee, CEO of Cork Protection, dives into a critical topic that hits close to home: Cybersecurity for Main Street businesses.

🛡️ With a background in enterprise-level cybersecurity on Wall Street and a personal connection to small business through his family, Dan shares why Cork focuses on protecting small and mid-sized businesses from rising cyber threats.

🚨 "The threat actors are getting better, and they're coming after Main Street more and more."

👉 Discover why Main Street is being underserved in today's digital threat landscape and how Cork is filling that gap with a unique value proposition.

🔗 Learn more about Cork: corkinc.com
🎧 Full Podcast Episode: www.youtube.com/@CyberInsuranceNews/podcasts

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#Cybersecurity #SmallBusiness #MainStreet #DanCandee #CorkProtection #TechForGood #SMBs #PodcastClip #CyberThreats #BusinessSecurity
Cybersecurity for Main Street: Dan Candee on Protecting Small Businesses | CEO of Cork Protection
SMB Cyber Threats - In this episode of the Cyber Insurance News Podcast, host Martin Hinton talks with Dan Candee, CEO of Cork Protection, about the rising tide of cyber threats targeting small and mid-sized businesses (SMBs). Dan shares his journey from Main Street entrepreneur to cybersecurity leader, offering real-world insight into the threat landscape, financial vulnerabilities, and how AI and managed service providers (MSPs) can help fortify business resilience.

We explore:
• Why Main Street is more vulnerable than Wall Street
• Common SMB cybersecurity blind spots (like ACH fraud)
• The evolving role of managed service providers
• How Cork Protection blends cybersecurity and cyber insurance
• Real-world attack case studies and practical advice for SMBs

Whether you’re a small business owner, MSP, or cyber pro, this episode unpacks how to prepare, prevent, and protect your organization in today’s digital world.

📌 Topics: cybersecurity, cyber insurance, social engineering, SMB protection, ransomware, AI in security, MSPs

🎙 Guest: Dan Candee, CEO of Cork Protection
📢 Host: Martin Hinton, Executive Editor, Cyber Insurance News

👉 Don’t forget to like, comment, and subscribe for more insights on cyber insurance and digital defense!

#CyberSecurity #CyberInsurance #SMB #AI #CyberPodcast #BusinessResilience #smallbusiness #sme
00:00 Introduction - Dan Candee and Cork Protection
02:27 The Importance of Cybersecurity for Small Businesses
05:29 Understanding Cyber Threats and Their Impact
08:26 The Role of Managed Service Providers in Cybersecurity
11:24 24Financial Protection and Cyber Insurance Solutions
14:01 Leveraging AI in Cybersecurity
16:53 Navigating Cyber Insurance Policies
19:56 Empowering Small Businesses with Knowledge
21:52 The Future of Cybersecurity and Community Resilience
26:05 MSP/ MSSP The Lingo decoded
29:05 Finals Thoughts and a bit of Hope!
SMBs Are Cyber Targets | Dan Candee on Cyber Resilience & AI | Cyber Insurance News Podcast EP#6
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