CrowdStrike, Inc., a Sunnyvale, California-based endpoint protection vendor, has launched a new iteration of its breach prevention warranty. The warranty covers costs incurred while responding to a data breach in the protected environment, including incident response, legal fees, notification, credit monitoring, forensic investigation and public communications expenses, up to a combined $1 million.
The company has purchased an insurance policy from an AIG insurance company to help protect their financial risk.
“We are introducing this comprehensive warranty covering many types of attacks — exploits, ransomware, zero-days, etc., said CEO George Kurtz. “This offering is straightforward and transparent with no additional costs, no hidden caveats and no unachievable requirements.”
Leveraging artificial intelligence, the platform offers visibility and protection across the enterprise and prevents attacks on endpoints on or off the network.
CrowdStrike’s EPP Complete offering is intended to simplify endpoint security effective and easy for customers of all sizes and security postures.
Such warranties are emerging in the IT security space, where customers often have little to no recourse after a breach has occurred. This initiative is likely to gain the company, as well as its channel partners, additional customer focus during the pre-sales phase.