Antigen Security and Cloud 9 Computing Join Forces
Antigen Security has partnered with Cloud 9 Computing Group to launch an innovative Cyber-Insurance Savings Program aimed at enhancing resilience for various industries. This strategic collaboration focuses on helping law firms, construction firms, and software companies to align with insurer requirements effectively. The initiative seeks to provide organizations with a means to reduce the risks associated with cyber incidents while offering significant savings on insurance premiums.
A Gateway to Enhanced Cybersecurity
The newly launched program is built on established frameworks such as CIS Controls, NIST CSF, and MITRE ATT&CK. It carries the promise of operationalizing a strong resilience strategy. Organizations participating in this program typically experience premium savings ranging from 30% to 60%. By prioritizing risk identification, implementing relevant cybersecurity controls, and documenting readiness, companies can streamline the underwriting process and increase their chances of successful claims.
Benefits of the Cyber-Insurance Savings Program
Through this program, customers can expect several key advantages:
- Streamlined Underwriting Process: Receive guidance to meet or exceed insurer requirements, reducing the time required for applications significantly.
- Significant Premium Reductions: Organizations may see reductions in their insurance pricing through effective risk management practices and documented evidence.
- Minimized Out-of-Pocket Costs: The program is designed to reduce unforeseen losses and incident-related expenses effectively.
- Decreased Incident Severity: Continuous control validation and proactive planning help to mitigate the risks associated with security breaches.
Focusing on High-Risk Industries
This program is particularly beneficial for sectors that are traditionally exposed to higher risks:
- Law Firms: Safeguarding client data and ensuring compliance with regulatory requirements are vital to maintaining trust and operational efficiency.
- Construction Firms: Protecting project data and intellectual property is crucial for maintaining project timelines and operational resilience.
- Software Companies: Securing environments and code pipelines while adhering to industry standards is essential to protect innovation and intellectual property.
Expert Insight on Cybersecurity
Rob Gundling, the Owner of Cloud 9 Computing, highlighted the importance of addressing cybersecurity as a business necessity rather than just a checkbox compliance task. He emphasized that the partnership with Antigen Security aims to provide clients a streamlined pathway to strengthen their defenses, ultimately leading to lower premiums and predictable operational outcomes through a strategy termed 'Resilience by Design.'
Steven Legg, Co-Founder and CEO of Antigen Security, also reiterated this sentiment by stressing the need for actionable execution in implementing the necessary controls that insurers value. Together, both companies are committed to aiding customers in significantly reducing their risks while expediting underwriting processes. This collaboration promises to transform a solid security posture into meaningful financial incentives.
Taking the First Step
Current customers, prospective clients, and channel partners are encouraged to request a savings assessment and readiness review for underwriting. This initiative opens doors for businesses to explore how they can enhance their cybersecurity posture and achieve meaningful savings.
About Cloud 9 Computing Group
Cloud 9 Computing Group is specialized in providing managed IT services, business IT strategies, and automation solutions. Their focus lies in helping organizations streamline their operations and secure their systems, paving the way to growth in an increasingly digital world.
About Antigen Security, LLC
Antigen Security is committed to enabling effective cyber-liability insurance outcomes. By aligning advanced technology solutions with established underwriting standards, they assist organizations in mitigating risks, reducing costs, and promoting compliance. Their mission is to transform the approach businesses take toward cybersecurity and risk management.
Frequently Asked Questions
What is the Cyber-Insurance Savings Program?
The Cyber-Insurance Savings Program launched by Antigen Security and Cloud 9 Computing helps organizations reduce cyber insurance costs while enhancing their cybersecurity readiness.
Who can benefit from this program?
The program is tailored mainly for law firms, construction firms, and software companies, which are often exposed to higher cybersecurity risks.
What kind of savings can organizations expect?
Participating organizations typically see savings between 30% to 60% on their cyber insurance premiums through risk management and documentation efforts.
How does the program enhance cybersecurity?
The program emphasizes identifying risks, implementing the right controls, and preparing for underwriting, thus enhancing overall cybersecurity posture.
Can existing customers benefit from this partnership?
Yes, current customers are encouraged to participate and take advantage of the savings assessments and readiness reviews provided through this program.
