Coalition Security Services: More Protection From Cyber Risk
Cybersecurity is a global problem. Many security vendors offer solutions to thwart the latest trend in cybercrime, but all of these solutions have a shortcoming: They only protect against one facet of cyber risk.
Coalition's journey as an insurance company has given us unique insights into what contributes to losses and what goes wrong when security decisions fail. We will never tell a business, "I can't help you. I only focus on email security," or "I only have experience in application security." Instead, our attitude is simple: We are here to help protect your business from all cyber risks.
Our expanded security offering helps more businesses respond to cyber events faster, minimize impact, and even prevent future incidents.
Why Coalition Security Services, and why now?
Coalition is a cybersecurity company and cyber insurance provider, best known for our Active Insurance. Our experience with cyber insurance has provided us with a wealth of data and insights on risk. These insights have sharpened our teams' skills and ability to prioritize threat intelligence through real-world incident management.
At the same time, we have provided roughly 80,000 policyholders with resources to take control of their risk profile:
Coalition's Cyber Risk Assessment (CRA) gives businesses a personalized risk score and action items to remediate the risks most likely to result in a cyber incident.
Coalition Control™ scans and alerts on vulnerabilities across a business' entire attack surface.
When the worst happens, Coalition Incident Response (CIR), an affiliate of Coalition, Inc., is available (via firm panel) for forensic and incident response services during a cyber insurance claim.
Our experience with cyber insurance has provided us with a wealth of data and insights on risk. These insights have sharpened our teams' skills and ability to prioritize threat intelligence through real-world incident management.
The next stage in our security journey is to offer more protection before an incident occurs. Coalition Security Services complements our existing tools, technologies, and support to help protect businesses from even more cyber risks.
Coalition Security Services MDR,* tabletop exercises, and incident planning are now available. CIR and our team of expert threat hunters provide these services, which can help businesses prevent cyber attacks and minimize their impact, should an attack occur.
We will continue to offer enhanced cybersecurity protection to customers. The most exciting addition is MDR because it offers help to customers before the worst happens, possibly preventing cyber incidents altogether or helping dramatically reduce the impact of cyber incidents.
MDR adds expertise without an insurmountable cost
Many businesses understand the original computer security model from 30-plus years ago, using antivirus software to detect threats. MDR looks at endpoints — every laptop, server, desktop, and mobile device on a network — to spot anomalous activity and alert an analyst to review any findings.
You could call MDR the next phase of antivirus, but it’s really another way of having someone watch your back. MDR can augment existing resources or provide a team for very small businesses that may not have an IT staff.
MDR is now offered by the experts at CIR,* who have handled thousands of crises for policyholders. MDR pairs industry-leading endpoint detection and response technology with analyst experts for around-the-clock threat detection and response.
You could call MDR the next phase of antivirus, but it’s really another way of having someone watch your back. MDR can augment existing resources or provide a team for very small businesses that may not have an IT staff.
Many policyholders are small and medium-sized businesses. These market segments are typically under-resourced in the face of a volatile cybercrime market. We understand the struggle that can come from having no in-house IT or security resources, or having a small team that isn't available 24/7.
With Coalition Security Services MDR,* businesses can access a solution that is simple, affordable, and scalable so it's easy for them to add the expertise they need without an insurmountable cost. The good news? We're making this service available to any business, not just policyholders.
What does the future hold for Coalition Security Services?
After years of writing hundreds of thousands of policies, we understand what hurts businesses. Our goal is to help mitigate the pain of cyber incidents wherever we can and help minimize their impact when we can't.
Today, Coalition Active Cyber Insurance policies are sold in four markets, with additional growth on the horizon. Our security offering is borderless and available to any business globally, regardless of whether or not they are a policyholder.
We are proud to put our foot forward as a cybersecurity company, partnering with a diverse customer base to help avert cyber loss altogether. We'll continue to scrutinize what causes businesses to suffer loss, what reduces that pain, and bring new services to customers that directly address those cyber risks.
Welcome to Coalition Security Services; we're just getting started. If you'd like to learn more about MDR, download our guide or email us at MDRsales@coalitioninc.com.
