Parametrix

Parametrix Estimates $5.4 Billion Loss for US Fortune 500 Companies Due to CrowdStrike Outage

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The recent CrowdStrike outage on July 19 had a ripple effect across a wide range of industries, from airlines to the national organ transplant matching system. In our interconnected world, few can escape its impact. Now, Parametrix provides a detailed look at the financial cost. It’s more than just a ripple. They estimate a total … Read more

Cyber Insurance That Goes Effective in 1 Hour & Covers Losses Immediately — Cloud Downtime Insurance from Parametrix

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“When we identify downtime, we pay out for the customer immediately. Any loss is covered. Unlike traditional insurance where you have to file a claim, in this case, there’s no claim process,” she (co-founder/CTO Neta Rozy) said. Source: Parametrix cloud downtime insurance business is growing – Protocol

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