CloudCover

First Cybersecurity “Rent-A-Captive”

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The program comes from CloudCover, provider of AI-driven network security detection tech, with Hylant Global Captive Solutions. “Stephen Cardot, CEO of CloudCover, commented: ‘Unlike conventional cyber insurance offerings, the CloudCover CyberCell captive insurance program operates as a creative answer for any large enterprise or association who is searching for an alternative approach to cyber insurance … Read more

CloudCover® Says It’s First With Cyber Insurance that Covers Data in Motion

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“Data in motion is the most valuable data for companies. It’s also the data that carries the most risk for network security,’ says Stephen Cardot, founder and CEO of CloudCover. ‘Cyber insurance should be proactive risk management, not proactive disaster recovery, and our Cybersecurity Network Data Insurance utilizes the data derived from the CC/B1 about a company’s cyber risk to … Read more

“Micro” Cyber Insurance Enabled by Blockchain Gets Patent; From CloudCover 

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“In utilizing blockchain technology for this incremental insurance of ‘data in motion,’ CloudCover is creating a permanent and public record of every micro-policy that is opened and closed. Each micro-insurance policy is automated on demand, and CloudCover notifies the policyholder and auto-adjudicates the claim. This is a departure from the typical cybersecurity insurance, in which … Read more

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