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QOMPLX is launching its Q:INSURANCE Underwriting Decision Platform in partnership with InQlusiv, targeting small and mid-size businesses in the U.S. to aid recovery from pandemic effects. This innovative technology automates the underwriting process, enhancing risk management for insurance providers. The partnership aims to provide affordable, parametric insurance coverage with defined triggers for payouts, making protection more accessible.
QOMPLX announces a limited time free trial for its Q:SCAN solution, aimed at enhancing cybersecurity by identifying and addressing external vulnerabilities for organizations. This trial includes an initial scan for up to three user-defined domains, access to an intuitive interface, and expert analysis of results. With an increasing number of ransomware attacks, QOMPLX emphasizes the necessity of robust online security measures. Q:SCAN employs advanced data analytics to evaluate internet-facing assets and assign a risk score, helping firms mitigate cyber threats efficiently.
QOMPLX has announced a partnership with CoreLogic to enhance its Q:HELM insurance risk analytics platform. This integration will provide users access to advanced earthquake models for the contiguous US and Japan, improving data offerings for informed underwriting and risk assessment. The CoreLogic models aim to increase the platform's flexibility and expand its catastrophe offerings. This development strengthens QOMPLX's position in the insurance market by providing a broad range of data services, thus enabling better risk management solutions.
QOMPLX announces the revival of Punkspider, an internet-scale vulnerability scanning tool aimed at enhancing online safety. As ransomware threats grow, Punkspider quickly identifies website vulnerabilities, empowering users to assess their online risk. New features include a web browser extension that provides a risk evaluation of browsing sessions. This reboot supports the detection of common threats and includes significant architecture updates for greater stability. The initiative reflects QOMPLX's commitment to cybersecurity and consumer education.
QOMPLX announced the appointment of Brian Hale as Vice President for Global Market Development and Public Private Partnerships, effective July 19, 2021. Hale, with extensive experience in federal law enforcement and the intelligence community, will focus on strengthening partnerships across key markets. He aims to enhance organizations’ capacity to address cyber risks, leveraging his background at the FBI and the Office of the Director of National Intelligence. This strategic hire reflects QOMPLX's commitment to bolstering its cybersecurity capabilities and expanding its market reach.
QOMPLX has enhanced its attack surface mapping tool, QOMPLX Scan, by integrating extensive cyber security risk data, including breached passwords, vulnerabilities, and threat actor behaviors. This data enrichment enables organizations to prioritize threats and improve incident response. The solution automatically ingests data from diverse sources, thus enhancing visibility and reliability across security frameworks. With multiple databases, including breach content and threat actor behavior databases, QOMPLX aims to equip users with actionable insights to mitigate risks in an evolving cyber landscape.
QOMPLX has partnered with Oasis HUB to enhance its Q:HELM insurance risk analytics platform by integrating climate and environmental datasets. This collaboration expands the models and services available, improving the exposure management capabilities for insurers and risk managers. Customers will gain access to a vast catalog of risk datasets from over 165 providers worldwide, aiding in underwriting decisions and portfolio diversification. The partnership underscores the importance of data-driven intelligence in the evolving landscape of insurance risk.
Tailwind Acquisition Corp. (NYSE: TWND) highlights QOMPLX's robust 2021 growth, aligning with rising cybersecurity demands due to increased ransomware threats. Key achievements include winning significant contracts with major entities like the U.S. Navy and NASA, defeating competitors in identity security, and expanding intellectual property with 43 patents granted. QOMPLX also secured multiple partnerships and key executive hires, positioning itself as a leader in cybersecurity solutions. The upcoming shareholder meeting on July 20th is anticipated to further assess QOMPLX's strategic advancements.
QOMPLX has announced the integration of Prometheus with its TimeEngine, enhancing large-scale data processing and real-time risk management. This integration allows over 600 companies using Prometheus to leverage TimeEngine's advanced querying and modeling capabilities, particularly beneficial for cloud-native environments. TimeEngine supports petabyte-scale data storage with low query latency, addressing operational challenges. This strategic move positions QOMPLX as a leader in streaming analytics, providing solutions across cybersecurity and finance sectors.
QOMPLX, a leader in cybersecurity and risk analytics, announced the issuance of four new patents by the U.S. Patent and Trademark Office, highlighting its innovative technology in real-time cyber risk scoring and breach detection. With a total of 42 allowed/issued patents and 107 pending, QOMPLX continues to strengthen its intellectual property portfolio. This development supports their advanced analytics solutions used by major financial institutions, insurers, and government agencies. CEO Jason Crabtree emphasized how this robust portfolio enhances their competitive edge in enterprise security.
