CyberCatch Announces Innovative No-Application Cyber Insurance Policy Benefit for Businesses Using Its Cybersecurity Solution
CyberCatch Holdings (TSXV: CYBE) has announced an innovative no-application cyber insurance policy benefit for businesses using its cybersecurity solution. The company is partnering with CMR Risk & Insurance, a leading U.S. insurance brokerage firm licensed in all 50 states.
The initiative targets the 221,000 businesses serving the U.S. military, of which 140,000 must comply with CMMC Level 1 and implement 15 cybersecurity controls. Most of these are small and medium-sized businesses with resources. Businesses implementing CyberCatch's solution to attain CMMC Level 1 compliance will receive a no-application cyber insurance policy offer from CMR via an AXV rated cyber insurer at a discounted price.
CyberCatch Holdings (TSXV: CYBE) ha annunciato un innovativo beneficio di polizza assicurativa informatica senza domanda per le aziende che utilizzano la sua soluzione di cybersecurity. L'azienda sta collaborando con CMR Risk & Insurance, una delle principali società di brokeraggio assicurativo degli Stati Uniti, autorizzata in tutti e 50 gli stati.
L'iniziativa è rivolta alle 221.000 aziende che servono l'esercito statunitense, delle quali 140.000 devono rispettare il CMMC Livello 1 e implementare 15 controlli di cybersecurity. La maggior parte di queste sono piccole e medie imprese con risorse limitate. Le aziende che implementano la soluzione di CyberCatch per raggiungere la conformità al CMMC Livello 1 riceveranno un'offerta di polizza assicurativa informatica senza domanda da CMR tramite un assicuratore informatico con rating AXV a un prezzo scontato.
CyberCatch Holdings (TSXV: CYBE) ha anunciado un beneficio innovador de póliza de seguro cibernético sin solicitud para las empresas que utilizan su solución de ciberseguridad. La empresa se está asociando con CMR Risk & Insurance, una destacada firma de corretaje de seguros en EE. UU. con licencia en los 50 estados.
La iniciativa está dirigida a las 221,000 empresas que sirven al ejército de EE. UU., de las cuales 140,000 deben cumplir con el CMMC Nivel 1 e implementar 15 controles de ciberseguridad. La mayoría de ellas son pequeñas y medianas empresas con recursos limitados. Las empresas que implementen la solución de CyberCatch para alcanzar la conformidad con el CMMC Nivel 1 recibirán una oferta de póliza de seguro cibernético sin solicitud de CMR a través de un asegurador cibernético con calificación AXV a un precio con descuento.
CyberCatch Holdings (TSXV: CYBE)는 자사 사이버 보안 솔루션을 사용하는 기업을 위한 혁신적인 신청 없는 사이버 보험 정책 혜택을 발표했습니다. 이 회사는 미국의 50개 주에서 라이센스를 보유한 주요 보험 중개업체인 CMR Risk & Insurance와 파트너십을 맺고 있습니다.
이번 이니셔티브는 미국 군대에 서비스를 제공하는 221,000개 기업을 대상으로 하며, 이 중 140,000개는 CMMC 레벨 1을 준수하고 15개의 사이버 보안 통제를 구현해야 합니다. 이들 대부분은 자원이 제한된 중소기업입니다. CMMC 레벨 1 준수를 달성하기 위해 CyberCatch의 솔루션을 구현하는 기업은 AXV 등급의 사이버 보험사와 함께 CMR로부터 신청 없는 사이버 보험 정책 제안을 할인된 가격으로 받을 수 있습니다.
CyberCatch Holdings (TSXV: CYBE) a annoncé un avantage innovant d'assurance cybernétique sans demande pour les entreprises utilisant sa solution de cybersécurité. L'entreprise s'associe à CMR Risk & Insurance, un courtier d'assurance américain de premier plan, licencié dans les 50 États.
L'initiative cible les 221 000 entreprises qui servent l'armée américaine, dont 140 000 doivent se conformer au CMMC Niveau 1 et mettre en œuvre 15 contrôles de cybersécurité. La plupart d'entre elles sont de petites et moyennes entreprises avec des ressources limitées. Les entreprises mettant en œuvre la solution de CyberCatch pour atteindre la conformité au CMMC Niveau 1 recevront une offre de police d'assurance cybernétique sans demande de CMR via un assureur cybernétique noté AXV à un prix réduit.
CyberCatch Holdings (TSXV: CYBE) hat eine innovative Cyber-Versicherungspolice ohne Antrag für Unternehmen angekündigt, die ihre Cybersicherheitslösung nutzen. Das Unternehmen arbeitet mit CMR Risk & Insurance zusammen, einer führenden US-Versicherungsmaklerfirma, die in allen 50 Bundesstaaten lizenziert ist.
Die Initiative richtet sich an 221.000 Unternehmen, die das US-Militär bedienen, von denen 140.000 die CMMC-Stufe 1 einhalten und 15 Cybersicherheitskontrollen implementieren müssen. Die meisten dieser Unternehmen sind kleine und mittelständische Unternehmen mit begrenzten Ressourcen. Unternehmen, die die Lösung von CyberCatch implementieren, um die CMMC-Stufe 1 zu erreichen, erhalten ein Angebot für eine Cyber-Versicherungspolice ohne Antrag von CMR über einen AXV-bewerteten Cyber-Versicherer zu einem ermäßigten Preis.
- Partnership with CMR Risk & Insurance provides access to discounted cyber insurance
- Targets large market of 140,000 businesses required to comply with CMMC Level 1
- First-to-market solution combining compliance and insurance benefits
- None.
Vancouver, British Columbia and San Diego, California--(Newsfile Corp. - February 17, 2025) - CyberCatch Holdings, Inc. (TSXV: CYBE) ("CyberCatch'' or the "Company"), a cybersecurity company offering an AI-enabled platform solution for compliance and cyber risk mitigation, announced an innovative, no-application cyber insurance policy, as a benefit for using CyberCatch's solution to attain compliance with CMMC Level 1 and mitigate cyber risk.
While CMMC Level 1, 2 and 3 is the new cybersecurity mandate for the 221,000 businesses directly or indirectly serving the U.S. military, it provides a baseline standard for all businesses to implement to mitigate cyber risk.
Of the 221,000 businesses in the defense sector, 140,000 must comply with CMMC Level 1 and implement 15 cybersecurity controls minimally.
Nearly all of the 140,000 are small- and medium-sized businesses with limited resources to attain and maintain compliance and cannot afford or are unable to obtain cyber insurance.
CyberCatch is partnering with CMR Risk & Insurance, a leading insurance brokerage firm in the U.S. and licensed in all 50 states. Any business, once it implements CyberCatch to attain compliance with CMMC Level 1, will receive a no-application cyber insurance policy offer from CMR via an AXV rated cyber insurer at a discounted price.
"CMR is excited to partner with CyberCatch to provide cyber insurance as part of an innovative and effective cyber risk mitigation solution like no other. Everyone wins. With CyberCatch's solution, both the business and the insurer is risk-mitigated," said Travis Pearson, CEO, CMR Risk & Insurance Services.
"CyberCatch is delighted to partner with CMR. Now with CyberCatch, not only businesses in the defense sector, but any business can attain compliance quickly and mitigate cyber risk and also have cyber insurance for added protection and not have a gap that could irreparably harm their existence. Our innovative solution is a first in the marketplace and a game-changer," said Sai Huda, CEO, CyberCatch.
To learn more and watch demo, visit CyberCatch.
About CyberCatch
CyberCatch Holdings, Inc. (TSXV: CYBE) provides a proprietary, AI-enabled Software-as-a-Service (SaaS) solution that provides continuous compliance and cyber risk mitigation to organizations in critical segments, so they can be safe from cyber threats. The CyberCatch platform focuses on solving the root cause of why cyberattacks are successful: security holes from control deficiencies. It first helps implement all mandated and necessary controls, then the platform automatically and continuously tests the controls from three dimensions (outside-in, inside-out and social engineering) to find control failures so one can fix them promptly to stay compliant and safe from attackers. Learn more at: https://www.cybercatch.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For further information, please contact:
Investor Relations
Phone: 1-866-756-2923
Email: info@cybercatch.com
SOURCE CyberCatch
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/241079
FAQ
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