As cyber insurance evolves to account for new threats and cover developing international markets, one company is looking to leverage the prospect of cheaper insurance to change the way corporations acknowledge and address their cyber risk.
Coalition, a cyber insurer founded in 2017 that offers cybersecurity tools and cyber and technology insurance plans to small- and medium-sized businesses, announced a partnership with "bug bounty" and vulnerability disclosure platform HackerOne.
Discounts on policies
Under the terms of the partnership, Coalition's policyholders will receive discounts on their policies if they use HackerOne's services, which connect companies with "white hat" hackers that help discover and disclose software vulnerabilities in digital platforms, products, and IT systems.
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Rhys Dipshan
CT-born, New York-based legal tech reporter covering everything from in-house technology disruption to privacy trends, blockchain, AI, cybersecurity, and ghosts-in-the-machine. Continually waiting for law to catch up with tech. (It's like waiting for Godot, but without the clowns)
