prnewswire | January 14, 2021
PTC and Cybellum, an innovator in Automotive Cybersecurity Risk Assessment, today declare an association to convey a mix between PTC's Windchill RV&S and Cybellum's foundation. The joint arrangement will give computerized network protection checking to programming created utilizing Windchill RV&S, to guarantee consistence with all the necessary wellbeing and security guidelines.
PTC's Windchill RV&S joins prerequisites designing, thorough programming setup control and test the executives to guarantee makers assemble the correct items. The product source code and assembled executables are overseen inside Windchill RV&S, and during registration, Cybellum's complete stage flawlessly directs network protection assessments. Joint clients would now be able to characterize programming security contemplations right off the bat in the item life cycle, one next to the other with their entire item designing cycle. They would then be able to design their execution, compute and deal with the related network protection chances with regards to the entire item.
Programming engineers can likewise proactively test and fix the distinguished security or wellbeing dangers utilizing the consequently created, itemized direction. This can guarantee that basic wellbeing and security weaknesses are recognized, overseen, organized and relieved all through the designing cycle, ensuring that your items are free from any and all harm.
The joint arrangement additionally encourages clients to plan for and conform to existing and forthcoming network protection guidelines, (for example, ISO 26262 Road Vehicles Functional Safety, UN WP29 (World Forum for harmonization of Vehicle Regulation), and ISO 21434 DIS Road vehicles Cybersecurity Engineering).
"We are excited about the partnership with PTC, helping product development teams shift left by embedding cybersecurity risk assessment processes and prevent vulnerabilities early in the delivery process of software-intensive products," said Michael Engestler, co-founder and CTO of Cybellum. "Through the unique integration with PTC Windchill RV&S we empower manufacturers to control, trace and mitigate safety and security issues early on, ultimately delivering safe and secure products."
"We see this integration as a significant enhancement for PTC customers who are particularly concerned about the cybersecurity of the software they manage with Windchill RV&S," said Hedley Apperly, VP SSE Products, PTC. He continued, "This automated security scanning and remediation mentoring will be invaluable to any manufacturer building software intensive products, which are vulnerable to cyber-attack."
Cybellum empowers automotive OEMs and suppliers to identify and remediate security risks at scale, throughout the entire vehicle life cycle. Our agentless solution scans embedded software components without needing access to their source code, exposing all cyber vulnerabilities. Manufacturers can then take immediate actions to eliminate any cyber risk in the development and production process, before any harm is done, while continuously monitoring for emerging threats impacting vehicles on the road.
PTC enables global manufacturers to realize double-digit impact with software solutions that enable them to accelerate product and services innovation, improve operational efficiency, and increase workforce productivity. In combination with an extensive partner network. PTC provides customers flexibility in how its technology can be deployed and drive digital transformation – on premises, in the cloud, or via its pure SaaS platform. At PTC, we don't just imagine a better world, we enable it.
Coalition | December 14, 2021
Coalition, the world's largest commercial insurtech provider, today announced it will launch a new captive to begin taking risk on its cyber insurance programs. With this captive, Coalition will enhance its ability to manage capacity and its long-term growth objectives while further aligning incentives with its customers.
Coalition's technology-driven approach is powering a new, more successful model of risk management, which has resulted in policyholders experiencing 70% fewer cyber claims when compared to other carriers in the market. In 2021, the success of Coalition's underwriting model was validated by long-term capacity agreements from multiple A+ rated carriers. Coalition has delivered superior claims results amidst significant growth as it crosses $400M in run rate premium, an 800% increase over the prior year.
"Today's announcement demonstrates our unwavering commitment to protecting businesses from cyber risk, and our confidence in Coalition's approach to underwriting and risk management,Coalition provides businesses with the most comprehensive insurance available backed by the financial strength of multiple A+ rated insurers. With our new captive, we add another layer of security and stability, and more closely align our financial incentives with our customers."
Shawn Ram, Head of Insurance at Coalition
Dovid Tkatch, Coalition's recently appointed Head of Insurance Infrastructure and Actuarial Science, will support development of the captive as well as oversee pricing, reserving, capital requirements, and regulatory compliance.
Coalition's broker platform integrates real-time security, financial, regulatory, and transactional data to create a seamless quoting experience where brokers can generate bindable quotes in just 5 minutes. Today Coalition serves over 130,000 customers with digitally-powered insurance that can leverage vast amounts of data to assess, mitigate, and measure risk for businesses.
Coalition is the leading provider of cyber insurance and security, combining comprehensive insurance and proactive cybersecurity tools to help businesses manage and mitigate cyber risk. Backed by leading global insurers Swiss Re Corporate Solutions, Arch Insurance, Lloyd's of London, and Zurich North America, Coalition provides companies with up to USD $15 million of cyber and technology insurance coverage in the United States, CAD $20M of coverage in Canada, and up to USD $5 million of D&O and EPL coverage in the United States. Coalition's cyber risk management platform provides automated security alerts, threat intelligence, expert guidance, and cybersecurity tools to help businesses remain resilient in the face of cyber attacks.
CyberMDX | June 29, 2021
CyberMDX, a leading healthcare cybersecurity provider, works in delivering visibility and threat prevention for clinical networks and medical devices, and Alphatron Medical, has announced its partnership to support manage risks in cybersecurity and protect the workflow of data for customers of Alphatron Medical.
Due to the augmented digitization of hospitals, Alphatron Medical offers data workflows, various IT solutions, and medical workwear, enabling professionals in healthcare to work comfortably and smoothly throughout the entire process of care. The company's integrated approach helps healthcare delivery organizations (HDOs) manage progressively complex healthcare IT environments of today. As it serves hospitals in the Netherlands, Belgium, and Germany, the solutions of Alphatron help maximize their customers’ IT systems and enable healthcare providers to concentrate more on caring for patients.
Electronic personal health information (ePHI) value has dramatically increased cyber-attacks against healthcare organizations. As a result, it has underlined the criticality of cybersecurity as a constituent of any healthcare administration's IT strategy. The corporation will help progress the superiority of security for Alphatron's customers, using CyberMDX's Healthcare Security Suite to confirm the data security of Alphatron's data management solutions. CyberMDX's solution offers endpoint perceptibility, network threat deterrence, and functioning analytics to any linked medical, IT, or IoT devices.
CyberMDX, an IoT security leader, is dedicated to ensuring the quality of providing healthcare worldwide. CyberMDX offers cloud-based cybersecurity solutions that assist the progression of The IoT. The CyberMDX solution recognizes endpoints and judges susceptibilities to notice, respond to, and stop cyber occurrences. Deployed worldwide, CyberMDX is designed to integrate with our customers' existing environments through its easy-to-deploy, scalable, and agentless solution.