CrowdStrike, a cybersecurity company, has announced an expanded phase of its Project QuiltWorks initiative, with the update extending the framework beyond frontier artificial intelligence security risk management to also cover related financial exposure.
A key development in this expansion is the involvement of leading cyber insurance providers Coalition, Liberty Mutual Insurance, Lockton, Resilience, and Marsh.
CrowdStrike highlights that these partners contribute actuarial expertise, underwriting capability and financial protection insight, strengthening the framework’s ability to connect technical cyber risk with financial impact.
The company notes that the accelerating pace of frontier AI is speeding up vulnerability discovery and significantly reducing exploitation timelines, reshaping how organisations assess and respond to cyber risk.
CrowdStrike describes QuiltWorks as the industry’s first model to integrate technical discovery and prioritisation, specialist remediation, and financial mitigation. The company states that this combined approach is designed to provide organisations and their boards with a more comprehensive understanding of exposure linked to frontier AI, while enabling a coordinated method for managing both operational and financial risk.
“Frontier AI risk doesn’t stop at technology, it lands on the balance sheet,” added Daniel Bernard, Chief Business Officer, CrowdStrike. “Project QuiltWorks is the only framework that delivers the technology to identify and prioritise, the services to remediate, and the financial protection to secure against it. That’s how CrowdStrike defines the standard.”
