PARTNERS
Cloudflare + CrowdStrike Cyber Risk
As an incident response provider, CrowdStrike deals with active under attack situations day in, day out — helping customers mitigate the attack, and getting their web property and network back online. Many times, precious time is wasted in trying to figure out which security vendor to reach out to and how to get hold of the right team. Cloudflare’s partnership with CrowdStrike not only enables rapid referral of organizations under attack, but helps customers mitigate the risk to their business operations.
Partnership overview
As cyberattacks increase in volume and severity, the number of businesses selecting cyber insurance has surged from 26% in 2016 to 47% in 2020. As a result, some insurance companies have had to raise premiums to cover their costs. In the second quarter of 2021 alone, cyber insurance premiums rose by more than 25%. Now rising costs and more stringent requirements from insurers have left some businesses without options, unable to access or afford policies. As a result, a new generation of insurance startups has arisen over the past five years to rethink how cyber risk is underwritten, infusing security expertise into the insurance product.
When a business is under attack every minute is important. Incident response companies work hard to get a network back online or restore traffic to a website after an attack. Cloudflare and CrowdStrike's partnership helps enable rapid referral of organizations under attack.
Benefits
Improved security posture
In light of the rising frequency and severity of attacks (ransomware, DDoS), cyber risk partnerships are a vital tool to mitigate common threat vectors.
Mitigate attacks quickly
Organizations under attack obtain rapid referral to incident response providers, who help actively investigate and mitigate attacks.
Adopt security best practices
Encourage the most vulnerable businesses to adopt proper security standards to proactively address potential vulnerabilities.
What our partners are saying
"The speed in which a company is able to identify, investigate and remediate a threat heavily determines how it will fare in the end. Our partnership with Cloudflare provides companies the ability to take action rapidly and contain exposure at the time of an attack, enabling them to get back on their feet and return to business as usual as quickly as possible."
-Thomas Etheridge
SVP, CrowdStrike Services
Resources
BLOG
Announcing Cyber Risk Partnerships
Learn about Cloudflare’s partnership with CrowdStrike in this announcement blog post around our Cyber Risk partners.
SOLUTION & PRODUCT GUIDES
CrowdStrike Partner Brief
Read about how Cloudflare partners with CrowdStrike and how you can benefit from this partnership.
LINK
Cloudflare Cyber Risk Press Release
Learn why Cloudflare announced partnerships with leading cyber insurers and incident response providers.