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What is Hiscox?

Hiscox provides specialized cyber security insurance designed specifically for small enterprises, helping them defend against the dangers of malware and hacking. This insurance acts as a barrier against a variety of cyber crimes and potential financial losses. It can offer protection against particular risks such as targeted malware invasions and phishing schemes, as well as situations like the loss of laptops containing confidential information. If your business's computer systems are breached—whether due to a malicious attack or an inadvertent error—you could incur costs for notifying affected individuals and supplying credit monitoring, even if the data was not exploited. Additionally, phishing attempts may lead to significant financial repercussions, while ransomware threats can severely hinder your operations. A well-rounded cyber insurance policy is designed to mitigate numerous risks related to privacy, data integrity, and network protection. As laws surrounding cyber security continue to change, the number of regulations and requirements for protecting cyber information and the necessary actions in the event of a data breach keeps increasing, highlighting the crucial need for comprehensive coverage. This forward-thinking strategy not only shields your business from potential cyber threats but also aids in maintaining compliance with the latest legal requirements in an ever-evolving digital landscape, which is vital for long-term sustainability.

What is Coalition?

Every business, regardless of its industry or size, faces potential cyber threats. A large portion of those affected by cyber incidents are small to medium-sized enterprises, which frequently disclose that their antivirus and intrusion detection systems have not been successful in thwarting attacks. The average claim amount reported by policyholders with Coalition highlights an urgent need for robust cybersecurity solutions. Coalition provides protective measures by implementing strategies aimed at preventing incidents before they happen. Our state-of-the-art cybersecurity platform is crafted to help your business conserve time, money, and reduce stress. We offer a comprehensive array of security tools at no additional cost to our insurance policyholders. Furthermore, we alert you if there is any compromise to your employees' credentials, passwords, or other sensitive information through third-party data breaches. Given that over 90% of security breaches stem from human error, educating your staff becomes essential. Our engaging, narrative-driven training platform, combined with simulated phishing exercises, is designed to instill best practices among your workforce. Ransomware remains a significant threat, capable of holding your systems and data hostage. To address this challenge, our all-inclusive threat detection software protects against malicious malware that often goes undetected. By prioritizing investments in cybersecurity training and resources, businesses not only bolster their defenses but also empower their teams to recognize and react to potential threats effectively. It is crucial for organizations to remain vigilant and proactive in their cybersecurity strategies to mitigate risks.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Hiscox

Company Location

United States

Company Website

www.hiscox.com/small-business-insurance/cyber-security-insurance

Company Facts

Organization Name

Coalition

Date Founded

2017

Company Location

United States

Company Website

www.coalitioninc.com/cybersecurity

Categories and Features

Categories and Features

Cybersecurity

AI / Machine Learning
Behavioral Analytics
Endpoint Management
IOC Verification
Incident Management
Tokenization
Vulnerability Scanning
Whitelisting / Blacklisting

Incident Response

Attack Behavior Analytics
Automated Remediation
Compliance Reporting
Forensic Data Retention
Incident Alerting
Incident Database
Incident Logs
Incident Reporting
Privacy Breach Reporting
SIEM Data Ingestion / Correlation
SLA Tracking / Management
Security Orchestration
Threat Intelligence
Timeline Analysis
Workflow Automation
Workflow Management

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