Connect with us

Technology

Cowbell Launches Cowbell Resiliency Services (CRS) to Support U.S. Businesses As AI-Driven Cyber Threats Accelerate

Published

on

 A new unit launched in response to more sophisticated AI-driven cyberattacks and the evolving geopolitical climateNew resiliency services include Managed Detection and Response, Penetration Testing, Cloud Identity Monitoring, and Cybersecurity Training, available to U.S. policyholders 

PLEASANTON, Calif., Feb. 4, 2025 /PRNewswire/ — Cowbell, a leading provider of cyber insurance for small and medium-sized enterprises (SMEs) and middle-market businesses, has launched a new Cowbell Resiliency Services (CRS) unit in response to a rise in the frequency, severity, and diversity of cyber threats as a complement to its existing risk management program.

Driven by AI advances and an increasingly complex geopolitical landscape, recent reports show the average global cost of a data breach has reached $4.88m—a 10% increase over last year and the highest total ever. The average in the U.S. is even higher, amounting to $9.36m. Tech giants, such as Microsoft, say their clients now face 600 million attacks daily from cybercriminals and nation-state threat actors.

Recognizing these challenges, Cowbell has strengthened its risk management offering to policyholders. CRS leverages existing AI learning tools with advanced cybersecurity services to provide businesses with the most up-to-date insights and learning needed to defend against emerging threats while minimizing financial and operational risks.

CRS expands Cowbell’s risk management portfolio with four new subscription-based cyber resiliency services:

Cowbell MDR SOC-as-a-Service, powered by SpearTip, a company of Zurich Resilience Solutions, delivers a 24/7/365, U.S.-based Security Operations Center (SOC), staffed with certified, experienced engineers and analysts, providing real-time threat detection and AI-driven counterintelligence. The service integrates with diverse data sources to allow comprehensive visibility. It leverages continuously updated detection rules, advanced prevention technologies, and real-time response capabilities to defend against sophisticated threats like ransomware.Cowbell Penetration Testing-as-a-Service (PTaaS) powered by GMI, delivers comprehensive internal and external network assessments to identify and address vulnerabilities. Using tools such as Nessus, Metasploit, and BurpSuite, the service combines automated and manual techniques to perform reconnaissance, vulnerability exploitation, and penetration testing across network infrastructures, servers, workstations, and websites. Clients receive detailed findings and remediation recommendations through tailored reports and collaborative review sessions.Cowbell Cybersecurity Training-as-a-Service (CTaaS) powered by Wizer, a specialist in security awareness training, offers access to 100+ microlearning videos, quizzes, and progress reports. The program includes smart phishing simulators and interactive games to educate employees on identifying and mitigating cyber threats. By enhancing employees’ cybersecurity awareness and response capabilities, the service aims to reduce human errors that often lead to cyberattacks, such as ransomware.Cowbell IdentityAI℠, powered by SpearTip, monitors user access to cloud services such as Microsoft 365, Salesforce, Amazon CloudTrail, Duo, Okta, and Google Workspace. IdentityAI is available to Cowbell policyholders as part of a complimentary 30-day trial subscription. The recent high-profile Zero-Day Microsoft 365 Vulnerability: FastHTTP, was first discovered by the SpearTip Security Operations Center team leveraging IdentityAI.

Available to U.S.-based policyholders, Cowbell has also announced enhancements to existing advisory services, offered at no additional cost.

Micro Penetration Testing: Preliminary penetration tests that uncover hidden system weaknesses before adversaries can exploit them.

Phishing Simulation and Cybersecurity Training for New Policyholders: Advanced phishing simulations that mimic real-world attack methods to train employees to spot and avoid social engineering tactics.

Cyber Risk Insights and Recommendations: Comprehensive scans and diagnostics to quickly identify potential vulnerabilities, coupled with recommendations on remediation.

Cowbell Factors: Continuous risk assessment of networks, endpoints, and cloud environments—ensuring any anomalies or threats are flagged in real time.

Cowbell Connectors: Quick and seamless integration with leading security and IT platforms, enabling real-time risk scoring and insights.

Cowbell Spotlight: An on-demand surveillance of actively exploited vulnerabilities that have the potential to impact policyholders during widespread cyber events.

Rajeev Gupta, co-founder and chief product officer, at Cowbell, shares his thoughts on CRS: “U.S. businesses are encountering a huge rise in sophisticated cyber threats. AI has empowered cybercriminals to execute more adaptive and scalable attacks, such as advanced malware and automated phishing attempts, while at the same time, geopolitical conflicts are increasingly manifesting in cyberspace, amplifying risks to critical U.S. infrastructure and national security.”

“Through CRS, we’re able to provide our policyholders with consistent and cost-effective access to an MDR service, Identity Monitoring, Penetration testing, and Cybersecurity training; all of which offer advanced capabilities that will significantly enhance their cybersecurity posture, without requiring costly in-house resources.”

Enhanced Cyber Coverage with MDR Endorsement
Cowbell has integrated its Cowbell MDR solution into select Cyber and Tech E&O policies, providing policyholders with advanced cybersecurity defenses and the added benefits of enhanced coverage through a Cowbell MDR endorsement. Eligible policyholders may qualify for a deductible waiver for the Cowbell Breach Fund when MDR SOC is implemented across all endpoints before an incident. The Cowbell Breach Fund provides comprehensive coverage for critical incident response services such as breach counsel, forensics, notifications, identity and credit monitoring, and crisis communications.

Cowbell Rx Marketplace for Expanded Choice
Cowbell will continue to offer complimentary discounts on partner solutions through Cowbell Rx Marketplace, providing expanded choice and protection to policyholders. Cowbell Rx Marketplace features 40+ partners and includes the newly announced CRS solutions.

For more information about Cowbell Resiliency Services, visit cowbell.ai. Policyholders should consult with their agent or broker regarding services that may apply to their policy.

Notes to Editor

About Cowbell

Cowbell is a pioneer of Adaptive Cyber Insurance, leading the way in providing small and medium-sized enterprises (SMEs) and middle-market businesses with coverage adaptable to today’s and tomorrow’s threats and the advanced warning of cyber risk exposures. With its unique AI-based approach to risk selection and pricing, Cowbell’s continuous underwriting platform, powered by Cowbell Factors, compresses the insurance process from submission to issue in less than 5 minutes. Backed by 25 prominent global (re)insurance partners, Cowbell serves SMEs across 50 U.S. states, the District of Columbia, and the United Kingdom, assessing businesses with revenues up to $1B globally. Cowbell offers subscription-based cybersecurity services via its dedicated and independent Cowbell Resilience Services (CRS) unit. Founded in 2019, Cowbell is based in the San Francisco Bay Area and has employees across the U.S., Canada, India, and the U.K.

For more information, please visit https://cowbell.insure/.

View original content:https://www.prnewswire.com/news-releases/cowbell-launches-cowbell-resiliency-services-crs-to-support-us-businesses-as-ai-driven-cyber-threats-accelerate-302367711.html

SOURCE Cowbell

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Solestial to be Featured in Google Workspace Big Game Commercial

Published

on

By

Space startup to represent Arizona in Google’s “50 States, 50 Stories” campaign

TEMPE, Ariz., Feb. 6, 2025 /PRNewswire/ — Tempe space startup Solestial, Inc. (“Solestial”), will be featured in a Google Workspace commercial scheduled to air Sunday February 9, on Fox networks in the Arizona market during America’s most-watched football game. The ad, which features Solestial CEO Stan Herasimenka and other employees, showcases the cutting-edge solar technology for space being developed by Solestial and how the company is using Google’s AI tool, Gemini.

The company was handpicked by Google to represent Arizona as part of its “50 States, 50 Stories” campaign, which features 50 small businesses from across the United States. Google’s goal for the 30-second ad was to select a wide array of businesses from different locations and industries and highlight the many ways customers, like Solestial, are using AI.

“We were honored to be selected from among many innovative Arizona technology companies for Google’s campaign. It’s every business’s dream to be featured in a commercial during football’s premier event,” said Solestial CEO, Stan Herasimenka. “We are hopeful that the media attention will increase awareness of our next-generation silicon solar technology within the space industry, federal agencies, and the military. Beyond that, our team is really looking forward to seeing the commercial air on game day. It’s a company milestone none of us will ever forget.”

Solestial’s Google Workspace commercial, and all “50 states, 50 stories” commercials, are available on the Google Workspace website and on YouTube.

About Solestial

Solestial exists to deliver abundant energy in space. The company’s breakthrough technology is a silicon solar cell engineered for space to self-cure radiation damage under sunlight at operating temperatures as low as 65°C. Solestial solar cells are packaged in an ultrathin, low-mass, flexible solar power module designed to withstand up to 10 years in a variety of destinations in space. The flexible solar power modules can be produced on automated machines resulting in lower production costs than traditional III-V multijunction solar products.

From today’s satellite constellations and research projects to tomorrow’s lunar settlements and services in space, Solestial’s innovative technology represents a paradigm shift for space solar; an affordable, scalable solution to power sustained development. Solestial is a US company manufacturing solar cells and flexible solar power modules in Tempe, Arizona. Investors include space industry leaders including AE Ventures and Airbus Ventures. To learn more, visit the Solestial website or follow Solestial on social media.

View original content to download multimedia:https://www.prnewswire.com/news-releases/solestial-to-be-featured-in-google-workspace-big-game-commercial-302368057.html

SOURCE Solestial, Inc.

Continue Reading

Technology

Lumen Technologies to Attend Investor Conferences

Published

on

By

DENVER, Feb. 6, 2025 /PRNewswire/ — Chris Stansbury, executive vice president and chief financial officer at Lumen Technologies (NYSE: LUMN), will attend the following investor conferences:

JP Morgan Global High Yield & Leveraged Finance Conference on February 25.Raymond James Annual Institutional Investors Conference on March 3.Morgan Stanley Technology, Media & Telecom Conference on March 4.Deutsche Bank Annual Media, Internet & Telecom Conference on March 11.New Street BCG Connectivity Conference on March 26.

Live webcast links to each of the investor presentations will be made available on the Lumen Investor Relations website at https://ir.lumen.com/events-and-presentations.

About Lumen Technologies 
Lumen is unleashing the world’s digital potential. We ignite business growth by connecting people, data, and applications – quickly, securely, and effortlessly. As the trusted network for AI, Lumen uses the scale of our network to help companies realize AI’s full potential. From metro connectivity to long-haul data transport to our edge cloud, security, managed service, and digital platform capabilities, we meet our customers’ needs today and as they build for tomorrow.  

For additional news and insights visit news.lumen.com, LinkedIn: /lumentechnologies, Twitter: @lumentechco, Facebook: /lumentechnologies, Instagram: @lumentechnologies and YouTube: /lumentechnologies.  

View original content to download multimedia:https://www.prnewswire.com/news-releases/lumen-technologies-to-attend-investor-conferences-302370325.html

SOURCE Lumen Technologies

Continue Reading

Technology

ASAP Utilities wins ‘Best Microsoft Excel Add-in’ Award at the Global Excel Summit 2025

Published

on

By

LONDON, Feb. 6, 2025 /PRNewswire/ — ASAP Utilities has won the ‘Best Microsoft Excel Add-in’ award at the Global Excel Summit 2025. The winners were chosen through a comprehensive process that included public nominations, expert evaluations by a panel of leading Excel experts, and final voting by the global Excel community.

The Global Excel Summit, the world’s largest event for Excel users and experts, brings together thousands from around the world to share ideas, improve skills, and learn about the latest trends in Excel.

The Global Excel Awards, organized by the Global Excel Summit, celebrate excellence within the Excel community across five categories. ASAP Utilities won in the ‘Best Microsoft Excel Add-in’ category for its many tools that extend Excel’s capabilities, enhancing productivity and efficiency. Other awards categories include Rising Star in the Excel Industry, Most Innovative Use of Excel, Best LAMBDA, and Best Global Excel Summit 2025 In-Person Session.

“Winning this award is a tremendous honor and a significant compliment from the Excel community. Since 1999, we have been committed to helping Excel users by continuously developing tools that save time and perform tasks that Excel alone cannot,” said Bastien Mensink, the founder of ASAP Utilities.

Helping Excel users worldwide

Nearly a million users rely on ASAP Utilities, an essential tool for Excel users worldwide. It is also one of the few Excel add-ins available in ten languages, making it accessible to users everywhere.

ASAP Utilities is available in two editions, so everyone can benefit from working faster and accomplishing more in Excel. The Home & Student Edition is free for personal use, for students, and for charitable organizations like UNICEF and the Red Cross. The Business Edition is a one-time purchase for companies and government organizations, with a fully functional 90-day free trial to try all the features.

For more information about the Global Excel Awards, visit:  https://globalexcelsummit.com/global-excel-awards

For more information about ASAP Utilities, visit:  https://www.asap-utilities.com

Website:  https://www.asap-utilities.com

Photos which are free to use for editorial purposes can be downloaded via:  https://www.asap-utilities.com/media

Trustpilot reviews:  https://www.trustpilot.com/review/www.asap-utilities.com

View original content:https://www.prnewswire.co.uk/news-releases/asap-utilities-wins-best-microsoft-excel-add-in-award-at-the-global-excel-summit-2025-302370326.html

Continue Reading

Trending