New partnership will offer enhanced cyber attack prevention, especially from those pesky phishing emails, more here;
Armorblox, the leader in securing enterprise communications over email and other cloud office applications with the power of Natural Language Understanding (NLU), and Coalition, the world’s largest commercial insurtech provider, today announced a partnership offering an innovative end-to-end solution to customers that combines best-in-class email security and cyber insurance to protect organizations from cyber threats such as business email compromise (BEC), email account compromise (EAC), and phishing attacks.
Targeted email attacks threaten organizations, regardless of size. Ineffective email security solutions result in financial losses, data theft, brand reputation damage, and increased cyber insurance premiums. Using deep learning and natural language techniques, Armorblox can protect against a broad spectrum of financial fraud, data theft, and account compromise, which results in fewer cyber insurance claims and reduced premiums over time.
“Two things are a must to have a modern approach to mitigating the risk posed by cyber threats,” said DJ Sampath, CEO of Armorblox. “An email security platform that can protect against sophisticated email-based threats like BEC, EAC, phishing, and ransomware, combined with a modern cyber insurer that understands the risks posed by today’s attack landscape. We are excited to partner with Coalition and completely transform how today’s organizations think about cyber risk mitigation.”
“Coalition offers much more than basic cyber insurance—we provide policyholders best-in-class proactive cybersecurity tools to manage their digital risk and protect the value of their entire business,” said Payal Chakravarty, Head of Risk and Security Products at Coalition. “Cyber risk is becoming the defining risk of our age. BEC and funds transfer fraud (FTF) incidents accounted for 48% of all reported incidents in the first half of 2021. We are proud to partner with Armorblox to offer our customers the tools and peace of mind to protect them from cyber threats.”
To learn more about Armorblox, please visit www.armorblox.com and visit the company blog to learn more about its partnership with Coalition.
Be the first to comment