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The impetus for the partnership and discount program was to change the way companies think about and address vulnerabilities in their software to better lower their cyber risk. (Photo: Shutterstock)

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.

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