Reinsurance News

Coalition launches next generation Cyber Risk Management Platform

2nd May 2023 - Author: Akankshita Mukhopadhyay

Cyber insurance provider Coalition has launched the next generation of its cyber risk management platform, Coalition Control.

The platform combines cyber risk monitoring, assessment, and quantification tools with third-party risk management and AI-powered assistance to provide unparalleled risk management capabilities to organizations of all sizes.

“Releasing the next generation of Coalition Control is a critical step towards fulfilling Coalition’s mission to protect the unprotected as the world digitizes,” said Chung-Man Tam, Coalition’s Chief Product Officer.

“The platform’s advanced assessment and monitoring capabilities and innovative risk management features provide any organization with many of the tools they need to manage their cybersecurity risks.”

The new features of the platform includes enhanced security assessments and attack surface monitoring, AI-powered Security Copilot to guide remediation efforts, third-party risk management, lookalike domain monitoring and take down, and managed detection and response to monitor and respond to threats inside the network, the cyber insurance provider said.

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The Control’s innovative risk management features provide any organization with many of the tools they need to manage their cybersecurity risks. Coalition Control complements any cybersecurity program, as it not only gives the ability to assess public-facing cyber risks but also evaluates the risks posed by key partners and vendors.

This platform is “game-changing,” especially when it comes to protecting critical patient data and clinical research information at all times, Chung-Man Tam added.

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