Cyber threats are at the forefront of top worries for organizations across the U.S. This can be attributed to the escalating frequency and severity of cyberattacks, which have reached record levels.
A report by Bloomberg highlights that 2022 witnessed a 50% surge in U.S. cyber insurance premiums. With cybercriminals exploiting vulnerabilities in digital infrastructure, organizations are left with no choice but to bolster their cybersecurity efforts and seek robust insurance policies to mitigate potential financial losses in the event of a breach.
This has driven the need for innovative solutions that address the challenges of escalating insurance costs while improving cybersecurity postures. Now, MSPs have access to the tools they need to safeguard their systems and their clients' data, along with the financial protection that enables them to recover faster from a cyber incident.
Liongard, a provider of Configuration Change Detection and Response, or CCDR, has unveiled a strategic alliance with Cork, a purpose-built cyber warranty company for MSPs serving small businesses and the ISV solutions they manage.
Through this new collaboration, Liongard's network of over 1,600 MSPs and MSSPs will be able to provide Cork's warranty offering directly to their customers. Liongard’s CCDR platform and Cork's cyber warranty platform give businesses the power to reduce cyber risk.
“By teaming with innovative, industry-leading companies like Cork, we can provide comprehensive cybersecurity offerings that empower businesses to adapt to the ever-changing threat landscape quickly,” said Michelle Accardi, CEO at Liongard.
Liongard’s CCDR platform automates configuration data capture across cloud, network and on-premise systems, enabling continuous monitoring and reporting of IT assets, eliminating manual audits and preventing unforeseen events. It simplifies IT to help teams manage smarter, and its actionable alerts and insights enable organizations to make informed decisions to stay secure and profitable.
Providing Protection from the Inside Out, Cork’s cyber warranty solution offers near-instant financial coverage and settlements after security incidents, which can lead to greater peace of mind for the MSP's customers.
“Managing the ever-changing tactics of cybercriminals can be daunting for MSPs. This, coupled with the responsibility of safeguarding clients' sensitive information, requires a high degree of vigilance,” said Carlson Choi, CEO at Cork. “Together with Liongard, we offer MSPs the tools they need to implement robust security measures that will protect their systems and their clients' data, along with financial protection against cyber threats.”
The Cork warranty solution will be available to new and existing partners of Liongard’s platform.
Edited by
Alex Passett