CrowdStrike gets green light for top-level US Government security
Lloyd’ s backs cyberhacking innovator BreachBits following Lab collaboration
CISO news
CrowdStrike gets green light for top-level US Government security
exas-based cybersecurity firm CrowdStrike has announced that its flagship‘ Falcon’ platform has achieved a major
T milestone, earning the highest level of security clearance from the US Government.
Known as FedRAMP High authorisation, the stamp of approval shows the platform meets security standards required by the Federal Government, to protect US federal agencies, public sector organisations, companies in the defence industry, and essential infrastructure providers.
This latest coverage spans crucial security domains, including across endpoint, cloud, identity, next-gen SIEM, intelligence, vulnerability management and data protection.
According to reports, FedRAMP High is specifically designed to meet the high federal security requirements while providing cutting-edge protection against cyberattacks.
The news comes at a crucial time, as the US Government faces increasing threats from hackers sponsored by other countries and criminal organisations.
The move also enables US agencies and related organisations to detect and stop cyberattacks in real-time, preventing them from causing damage or disruption and providing defence against the growing tide of sophisticated cyberthreats.
“ The US government operates in one of the most severe cyberthreat environments, where securing mission-critical systems and maintaining compliance is increasingly complex,” said Michael Sentonas, President of CrowdStrike.
To date, 26 products and services from the Falcon Platform have now received the top-level clearance.
Lloyd’ s backs cyberhacking innovator BreachBits following Lab collaboration
loyd’ s, the global insurance and reinsurance marketplace, has announced a strategic investment in BreachBits, a
L cyberhacking innovation company founded by former US military cyber-warfare veterans.
The investment, made through Lloyd’ s central fund, follows a successful co-development project undertaken by BreachBits within Lloyd’ s Lab Cohort 13, which ran from September to December 2024.
Rosie Denée, Head of Innovation, Commercial Education and Engagement at Lloyd’ s, said:“ BreachBits is revolutionising cyberrisk assessment by providing insurers with key visibility into their clients’ security posture. We’ re proud to support their continued growth through this investment – strengthening data-driven cyber solutions that enable our market to underwrite with greater confidence and precision.”
BreachBits has developed two automated products tailored for the Lloyd’ s market: the Cyber Questionnaire Validator and the Pre-Claim Intervention service. The solutions are designed to inject greater efficiency and accuracy into the often complex process of cyberrisk underwriting, ultimately aiming to bolster profitability for both carriers and brokers operating within the Lloyd’ s ecosystem.
The timing of the investment coincides with a period of explosive growth within the cyber insurance market. Industry projections indicate a surge in premiums from over US $ 15 billion to a potential exceeding of US $ 55 billion in the near future. BreachBits’ innovative technology directly addresses key challenges currently facing this rapidly expanding market, most notably the pressing need for accelerated policy.
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