Cysurance, a next-generation risk mitigation company insuring warranties and certifying security solutions, has partnered with Sophos to provide unique, fixed-price cyber insurance to US based organizations using Sophos Managed Detection and Response (MDR).
The policies are the first of their kind to recognize organizations for having a layer of threat detection and response services.
This is the latest in a series of cyber insurance partnerships for Sophos, which already this year announced deals with Cowbell and Measured Analytics and Insurance.
As cyberthreats increase in complexity and velocity, MDR is quickly becoming an essential requirement for organizations to manage their cybersecurity posture.
Most organizations are struggling to keep up with the evolving threat landscape, as evidenced by the 59% of US. security defenders who say today’s threats are too advanced for their organizations to deal with on their own.
Kirsten Bay, co-founder and CEO, Cysurance, said: “The lack of comprehensive and integrated security strategies largely explains why cyber insurance policy fees are rising while coverage limits are declining.
“However, cybersecurity is a manageable challenge and Sophos can help. Together, we’re focused on helping organizations take responsible steps to implement proper cybersecurity to protect their business and digital assets.”
