prnewswire | September 22, 2020
Cybrary, the world's largest online cybersecurity career development platform, today released the findings from the "Cybrary Skills Gap Research Survey and Report," which examines the current challenges, perceptions, and impacts of the cybersecurity skills gap faced by IT and security teams worldwide. The survey questioned respondents about the employer contributions towards their skill development, their level of personal commitment to growing their skills, and the current level of organizational support and opportunities offered for skill development.
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SentinelOne | February 07, 2022
SentinelOne, an independent cybersecurity platform firm, announced a new integrated solution with Mimecast to increase end-to-end threat prevention, speed incident response, and reduce security team delays. SentinelOne and Mimecast allow security teams to take advantage of cooperative defenses and quickly respond to attacks across email and endpoints using XDR automation for a holistic approach to incident response.
Security operations teams are stretched to the limit investigating and remediating each incident as tactics change, threat actors' sophistication grows, and new vulnerabilities are discovered regularly. Email continues to be one of the most widely used attack channels. According to Mimecast's State of Email Security report for 2021, risks have increased by 64% during the pandemic, and 70% of businesses expect to be impacted by an email-borne attack. As a result, organizations are looking for integrated defenses to safeguard email and improve incident response capabilities while reducing complexity, minimizing risk, and relieving pressure on an already overworked security team.
“Email inboxes are often a prime vector for attacking the enterprise. Mimecast detects new threats through our multi-layered inspection capabilities, helping security operations teams who are still spending too much time on the manual collection, normalization, and prioritization of data,” said Julian Martin, VP Ecosystem & Alliances, Mimecast. “Our integration with SentinelOne solves for this challenge, improving and accelerating the incident response capabilities we offer our customers. As the cyber threat landscape continues to expand, detecting and responding to these threats in real-time is crucial for an organization’s security infrastructure,It’s important to leverage trusted security platforms like those offered by SentinelOne and Mimecast to help identify and mitigate the risk of cyberattacks.”
Ahmed Shah, Senior Vice President of Strategic Alliances, Optiv
The integrated solution from SentinelOne and Mimecast strengthens and accelerates incident response capabilities across all security layers, including email, endpoints, and the cloud. For example, when a threat is detected in SentinelOne, the integration takes automatic measures like suspending a particular user's email, blocking that user's email, or quarantining the email account.
“The speed and sophistication with which adversaries are attacking organizations has become staggering, and too often SOC teams are burdened with investigating security issues as opposed to solving them,” said Yonni Shelmerdine, VP Product Management, SentinelOne. “The integrated solution enables our customers to accelerate incident response and contain threats faster by automatically quarantining affected users in Mimecast. This ultimately reduces complexity, minimizes risk, and decreases the demands on SOC teams.”
With XDR automation, Mimecast and SentinelOne's combined solution provides never-before-seen holistic protection across client email and endpoints, dramatically increasing end-to-end threat detection and incident response.
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.