Liongard, known for its expertise in Configuration Change Detection and Response (CCDR), has entered into a partnership with Cork, a cyber warranty specialist catering to Managed Service Providers (MSPs) focused on small businesses and their software solutions.
This move aligns with the notable 50% surge in cyber insurance premiums in 2022, a trend influenced by increased ransomware attacks and the growth of online commerce, according to a Bloomberg report.
Liongard's CCDR platform, combined with Cork's cyber warranty offering, aims to strengthen businesses' cybersecurity measures. One standout feature of Cork's offering, termed "Protection from the Inside Out", provides swift financial settlements after security incidents, which may enhance the confidence of MSP customers.
Liongard's CCDR platform emphasizes configuration change detection, enabling MSPs to safeguard client environments actively. The Cork warranty solution will be accessible to both existing and new Liongard platform partners.
Liongard Partners With Cork: Executive Insight
Carlson Choi, CEO, Cork, commented:
"Managing the dynamic strategies of cybercriminals can be challenging for MSPs. Together with Liongard, we aim to provide MSPs the necessary tools for robust security measures, alongside financial protection against cyber threats."
Michelle Accardi, CEO, Liongard, said:
"Collaborating with companies like Cork allows us to offer comprehensive cybersecurity solutions. Our joint efforts with Cork simplify the underwriting process, and we anticipate MSPs will benefit from the enhanced configuration data through our partnership."
Liongard's Configuration Change Detection and Response (CCDR) platform caters to Managed Service Providers (MSP), Managed Security Service Providers (MSSPs), and other IT organizations, focusing on improved security and operational continuity.
In April 2023, the company announced that Michelle Accardi had been named CEO, succeeding co-founder Joe Alapat, who transitioned to the CTO role.
Boston-based Cork offers cyber warranty services for Managed Service Providers (MSPs) that serve small businesses and their software solutions. Through its platform, Cork provides near-instant coverage and settlements following security incidents.