Adlumin, a security operations platform and managed detection and response (MDR) service provider, has announced two new offerings to help small and mid-sized organizations (SMBs) improve their cybersecurity posture and get access to cyber insurance coverage.
The first offering is the Adlumin Protect Warranty. It provides up to $500,000 in financial protection at no cost to customers who qualify. The hope? Help SMBs reduce the financial impact of a cyberattack by providing fast reimbursement and financial resources to support operations before an organization meets its cyber insurance deductible.
The second offering is a partnership with Cysurance, a next-generation risk mitigation company that insures, warranties, and certifies security solutions. As part of this partnership, Adlumin customers are eligible for significantly discounted cyber insurance premiums from Cysurance.
“Skyrocketing cyber claims”
“Skyrocketing cyber claims, growing security complexity and exploding insurance premiums are pricing small to mid-market organizations out of insurance protection, leaving them exposed to crippling financial impact of cyberattacks,” said Mark Sangster, cybersecurity author and Adlumin Chief of Strategy.
“Challenging landscape”
“We are in a challenging landscape for small and midsized organizations,” said Kirsten Bay, CEO at Cysurance. “Security spending, breaches, and insurance premiums are on the rise, but coverage is becoming more limited and difficult to obtain.”
Adlumin’s new offerings are a welcome development for SMBs. SMDs are often the target of cyberattacks and they have difficulty finding affordable cyber insurance coverage. The Adlumin Protect Warranty and the partnership with Cysurance provide SMBs with a potential fix to those facts.
About Cysurance
Cysurance is a next-generation risk mitigation company that insures, warranties and certifies security solutions. Cysurance-certified partners meet the most stringent requirements demanded by underwriters of risks associated with hardware, software, infrastructure, and security services deployed by enterprises across all industries and geographies. Cysurance-certified offerings minimize vulnerabilities faced by public, private, and non-profit leaders. The company dynamically ensures adherence to the constantly evolving best practices for enterprise security, through an integrated ecosystem of solution providers who work seamlessly together to cost-effectively optimize the resilience of organizations. All insurance products and services are offered by Cysurance, a licensed producer.
About Adlumin
Adlumin Inc. provides the enterprise-grade security operations platform and managed detection and response services that keep mid-market organizations secure. With one license and one platform, its patented technology gives organizations and solution providers everything they need for effective threat hunting, incident response, vulnerability management, darknet exposure monitoring, compliance support and much more. www.adlumin.com.
Other News: BOXX Insurance Expands Cyber Insurance Protection(Opens in a new browser tab)