Data443 Secures Strategic Cyber Insurance Deal with Trium Cyber at Lloyd’s of London

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Data443 Expands Into Cyber Insurance Market

Data443 Risk Mitigation has signed a licensing deal with Trium Cyber, operator of Syndicate 1322 at Lloyd’s of London. The agreement gives Data443 entry into the global cyber insurance market, which could reach $50 billion by 2030. Trium will use Data443’s TacitRed™ threat intelligence platform to manage risks across its insured portfolio. The deal positions Data443 as a provider of real-time risk intelligence for insurers.

TacitRed Powers Threat Intelligence Services

Data443 owns and operates TacitRed™, a proprietary system that monitors cyber activity across 13 million companies. The platform identifies live threats, including malware, phishing, and ransomware attacks.

TacitRed by Data443 logo – Cyber Insurance threat intelligence platform for data security and risk mitigation

Unlike competitors that rely on third-party feeds, Data443 integrates proprietary infrastructure with recently acquired Cyren Threat Intelligence services. The platform has already reported more than one billion threat findings.

Strategic Value for Trium Cyber

Trium Cyber launched in 2023 as Lloyd’s first mono-line cyber syndicate. It provides coverage to clients in the U.S., U.K., and other regions.

By using TacitRed™, Trium gains real-time visibility into cyber risks. The system helps reduce portfolio losses while improving protection for insured clients.

“The industry loses billions to preventable cyber events,” said Trium CEO Josh Ladeau. “This partnership improves client protection and portfolio performance.”

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Data443 Builds Competitive Position

Data443 has expanded its offerings with TacitRed™, Cyren Threat Intelligence, and ransomware recovery tools. CEO Jason Remillard said the partnership validates the company’s integrated cybersecurity strategy.

“While other companies in this space have raised hundreds of millions in private capital, Data443 offers investors access to comparable technology and market opportunity as a public company at a fraction of those valuations,” said Remillard.

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The deal strengthens Data443’s presence in the cyber insurance ecosystem and provides new revenue opportunities.

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.

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