The notion of risk transfer – handing risk off to a willing third party and paying a premium for it – is the primary tenet of the insurance industry. For a myriad of reasons, risk transfer in the cybersecurity insurance industry isn’t as cut and dried – or is it? In our latest blog, we break down CloudCover’s approach to risk transfer and why the approach is the solution to today’s challenging cyber insurance market.
Stephen Cardot
CloudCover® Secures Patent Approval for Groundbreaking Cybersecurity Insurance Utilizing Blockchain, a First for the Cyber Insurance Industry
CloudCover®, the company behind the patented CyberSafety CC/B1 Platform™, announced the approval of their newest patent application for the invention of a cybersecurity insurance platform that utilizes a blockchain underwriting real-time process.
CloudCover’s “Solution Differentiators” Part Three: Our Approach to Risk Control
Our “solution differentiators” series continues with another core element of our Reimagine CyberSecurity ethos — risk control. Risk control, in the simplest terms, is the ability to make all hacking stop — and in this blog, we discuss what risk control means and how our CyberSafety CC/B1 Platform™ makes it happen.
CloudCover’s “Solution Differentiators” Part Two: The Importance of Risk Awareness
Now that we’ve introduced you to our tenets and technology, we’re going to take a deep dive into another one of our “solution differentiators”: the idea of true cybersecurity risk awareness. We’ll walk through what risk aware network security entails, and how our CyberSafety CC/B1 Platform™ uses the movement of risk as a way to build actuarial models for our cybersecurity insurance offerings.
Virtual Learning, Open Networks, and Lack of Funding: The Facts of Cyberattacks in Education
Since the beginning of the pandemic, schools and universities have been the #1 target for cyberattackers. We talk through the reasons why, the data security solutions schools need to prevent cyberattacks, and how we helped one public school secure their data landscape.
Unpacking CloudCover’s “Solution Differentiators” Part One: Our Ethos & Technology
In the first of a five-part blog series, we’ll introduce you to CloudCover’s solution differentiators — starting with our beliefs around the future of cybersecurity and why our AI/ML (automated intelligence/machine learning) X/NDR (extended network detection response) SOAR (security orchestration, automation and response) technology is miles away from our competition.
Ransomware: What is it? Why are attacks on the rise? How can they be prevented?
Ransomware has been a significant symptom to network security risk for quite some time. However, COVID-19 and its effects on how companies do business have caused ransomware attacks to surge in the past 18 months – and these threats will only continue to grow. Here’s an overview of ransomware, the reasons for the escalating attacks, and why there is indeed a solution for ransomware detection and response.
AI-Detect, Auto-Control, Microsecond Response: Are You Ready for the New Era of CyberSafety?
As Artificial Intelligence (AI) becomes more prevalent in our day-to-day lives, cybercriminals are also using it for their daily hacking activities — and that means the cybersecurity strategies that organizations currently employ for IT security simply aren’t cutting it. In this blog, we’ll walk through the particulars of AI-based SOAR (security, orchestration, automation, and response) technology and why it’s a critical part of the new era of proactive CyberSafety.
The New Era of CyberSafety White Paper
As Artificial Intelligence (AI) becomes more prevalent in our day-to-day lives, cybercriminals are also using it for their daily hacking activities — and that means the cybersecurity strategies that organizations currently employ for IT security simply aren’t cutting it. In this white paper, we’ll walk through the particulars of AI-based SOAR (security orchestration, automation, and response) technology and why it’s a critical part of the new era of proactive CyberSafety.
Banking
Financial services and banking institutions have long been prime targets for cyber attacks for a simple reason – where there’s money, there’s money to be made. According to a study conducted by the Federal Reserve Bank, companies in this sector are 300x times more at risk for data security threats than any other industry. Knowing this, the midwest bank knew they needed to implement a comprehensive network security strategy – and they needed to do it with a lack of staff and budget.








