San Francisco, CA (Jan. 14, 2021) – Darktrace, the world’s leading cyber AI company, is pleased to announce that two of its core products have been designated Marsh ‘Cyber Catalyst’ solutions. The program brings together leading cyber insurers to identify the solutions they believe most effective in reducing cyber risk.
Darktrace’s core AI threat detection technology, the Enterprise Immune System, and its AI-powered email security solution, Antigena Email, received Cyber Catalyst designation for their unique ability to combat the cyber risks facing organizations today, including ransomware and social engineering. Designated solutions can qualify for enhanced terms and conditions on cyber insurance policies offered by insurers participating in the Cyber Catalyst program, such as AXA XL, Allianz, AXIS and Beazley.
Thomas Reagan, Cyber Practice Leader at Marsh, commented: “The Cyber Catalyst designation signals that leading insurers believe that these Darktrace solutions can help reduce cyber risk, and strongly merits consideration by organizations who seek solutions that yield meaningful improvements in cyber risk outcomes.”
Darktrace’s Enterprise Immune System protects against novel cyber-threats by learning the normal ‘patterns of life’ of an organization, and detecting threats as they deviate from these patterns. In their evaluation, the insurers commented: “This is a unique product where machine learning/AI plays a core part in protecting, detecting, and responding to threats… [providing] a force multiplier to the security operations center.”
Darktrace’s Antigena Email is a self-learning technology that stops targeted email campaigns and impersonation attacks that evade traditional email gateways. The insurers commented: “A very novel context-based approach that asks not whether an incoming email is malicious but crucially whether it belongs – clearly valuable for organizations.”
“This designation reflects the participating cyber insurers’ acknowledgement that autonomous Cyber AI technologies can significantly reduce the business impact of cyber-attacks by empowering organizations to identify and neutralize threats in their earliest stages,” commented Nicole Eagan, Chief Strategy Officer and AI Officer at Darktrace. “We applaud the thorough vetting of technologies that these insurers have performed, the high bar they have set, and the service they are providing to the industry by certifying Darktrace among the vendors in the Cyber Catalyst program.”
Darktrace is the world’s leading cyber AI company and the creator of Autonomous Response technology. It provides comprehensive, enterprise-wide cyber defense to over 4,000 organizations worldwide, protecting the cloud, email, IoT, traditional networks, endpoints and industrial systems.
A self-learning technology, Darktrace AI autonomously detects, investigates and responds to advanced cyber-threats, including insider threat, remote working risks, ransomware, data loss and supply chain vulnerabilities.
The company has 1,300 employees and 44 office locations, with headquarters in Cambridge, UK and San Francisco. Every 3 seconds, Darktrace AI fights back against a cyber-threat, preventing it from causing damage.
For more information, visit www.darktrace.com.
Marsh is the world’s leading insurance broker and risk adviser. With more than 35,000 colleagues operating in more than 130 countries, Marsh serves commercial and individual clients with data-driven risk solutions and advisory services. Marsh is a business of Marsh & McLennan Companies (NYSE: MMC), the leading global professional services firm in the areas of risk, strategy and people. With annual revenue of more than US$17 billion and 76,000 colleagues worldwide, MMC helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses: Marsh, Guy Carpenter, Mercer, and Oliver Wyman. To learn more, subscribe to BRINK.
SOURCE: MarshTags: cyber risk, cyber security, Marsh, solution