Reducing Ransomware Cost Volatility for Cyber Insurers
Halcyon enables Insurers and Brokers to fulfill the promise to help organizations recoup the costs associated with a successful ransomware attack without negatively impacting their own bottom line.
Organizations using Halcyon can provably reduce their risk, minimize business interruption, and significantly lower incident response and extortion costs. If you are interested in aligning your policyholders with purpose-built ransomware prevention and recovery, contact us.
Reducing Ransomware Risk Brings Stability to Your Business
With the average ransom demand increasing by nearly 100% in 2024 many cyber insurers are considering removing ransomware protection from their policies, or, at a minimum, significantly increasing premiums. Halcyon’s unique approach to ransomware protection significantly reduces the cost of ransomware risk that outperforms traditional endpoint security controls and backup solutions. It targets ransomware directly at the source of loss: prevention, data encryption, and exfiltration.
Converging Cybersecurity with Cyber Insurance
The future of cyber insurance lies in the convergence between proactive ransomware protection and risk transfer. With Halcyon, organizations strengthen their defenses, reducing the likelihood of successful ransomware attacks—allowing insurers to offer better coverage and more competitive premiums, driving greater customer satisfaction all around.
Halcyon bridges the gap between cyber risk management and insurance like never before. By partnering with carriers and brokers, we help organizations using the Halcyon anti-ransomware platform unlock tangible benefits like premium discounts, higher coverage limits, and more favorable policy terms.
Redefine Resilience: Reduce Risk, Reduce Costs, Reduce Claims
Halcyon empowers businesses of all sizes with industry-leading ransomware prevention, key capture during attacks, data exfiltration prevention (DXP), and automated recovery—delivering tangible, game-changing outcomes.
- Avoid Extortion Payments
Prevent costly ransom demands fordata decryption and leak prevention. - Minimize Downtime
Recover in hours, not days or weeks, eliminating business interruption. - Protect Brand Reputation
Safeguard trust and credibility bypreventing breaches. - Reduce Claims Payouts
Lower ransomware-related insurancecosts with stronger defenses. - Ensure Compliance
Mitigate legal and regulatory risks tied todata privacy laws.
Halcyon doesn’t just stop ransomware; it transforms how businesses andinsurers manage cyber risk.
Meet Your New Partner in the Fight Against Ransomware
Halcyon is rapidly scaling. Partner with us to do what no other company has done before, make ransomware history. If you have any inquires regarding our partner program, email us at partners@halcyon.ai
