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Coalition and Malwarebytes: End-to-end risk management

Every device you use — from your personal phone, work phone, laptop, desktop, or tablet — can create an open door for hackers to target your organization. You're just one wrong click away from a cyber event, which is why it is important to secure and protect every last device (also known as an endpoint) from exposure.

To combat these risks, Coalition is proud to announce a partnership with Malwarebytes, a leading provider of advanced endpoint protection and remediation solutions. Malwarebytes is a top-tier solution that we’ve vetted (and use ourselves) to tackle some of today’s biggest security threats.

As part of our partnership, Coalition policyholders can now acquire discounted Malwarebytes solutions through their policyholder dashboard.

Ransomware, the costly offspring of malware

Ransomware, a subset of malware, is on the rise. According to Coalition’s recent claims report, it is the most common cyber incident accounting for 41% of all reported claims. Further, ransomware events have increased in severity over the last year by 100%, as well as an additional 47% in the first half of 2020.

However, the threat of malware can be mitigated through the use of key security solutions such as endpoint detection and response (EDR).

Enter Malwarebytes

Traditional endpoint security solutions are reactive and may miss unknown threats that could damage business productivity, reputations, and revenue. They also tend to be complex, difficult to deploy, and can burden IT and security teams with high false positive alerts.

Malwarebytes proactively protects people and businesses from malware, ransomware, and exploits through artificial intelligence-powered technology that stops cyberattacks before they can compromise business endpoints. Malwarebytes now detects and/or blocks over 8.8 million threats daily.

While Malwarebytes can build a castle, complete with moat, around your organization, “to err is human,” as Alexander Pope once said. Despite following best cybersecurity practices, nearly 60% percent of cyber insurance claims are caused by human error. Only through a combination of endpoint protection and cyber insurance does a company have a complete risk management strategy.

What this means for Coalition policyholders

  • Minimize business impact from malware infections. Malwarebytes more effectively detects and isolates attacks, investigates threats, and remediates any damage.
  • Easy to use and compatible. Malwarebytes’ endpoint protection is simple, highly effective, efficient, and compatible with other solutions like Microsoft Defender.
  • Powerful combination of cybersecurity and risk management. Together we offer an integrated solution of leading endpoint security and cyber insurance that reduces the financial risk from malware attacks.

Would you like to know more?

Log in to your policyholder dashboard to learn more about the importance of endpoint security and Malwarebytes. From there, you'll receive your discount to their services just for being a Coalition policyholder.

Coalition’s products are offered with the financial security of Swiss Re Corporate Solutions* (A.M. Best A+ rating), Lloyd’s of London (A.M. Best A rating), and Argo Pro US** (A.M. Best A- rating).
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© 2020 Coalition, Inc. | Licensed in all 50 states and D.C. | CA License # 0L76155
*Insurance products may be underwritten by North American Capacity Insurance Company, North American Specialty Insurance Company, or an affiliated company, which are members of Swiss Re Corporate Solutions. **Insurance products may be underwritten by Peleus Insurance Company, Colony Specialty Insurance Company, or an affiliated company, which are members of Argo Group US, Inc.