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Israeli cyber startup Waterfall Security teams with insurance specialists

Waterfall Security Solutions, CNA Hardy and THB partner to create global industrial cyber proposition

Lior Frenkel, CEO and co-founder, Waterfall Security


Israeli cyber security specialist Waterfall Security Solutions and insurance specialists THB and CNA Hardy have entered into a partnership to provide a new cyber security protection package for industrial businesses globally.

Traditional cybersecurity solutions, such as firewalls and intrusion detection solutions, are failing to provide sufficient protection for industrial control systems.

In recent years manufacturing systems and industrial facilities have been impaired due to increased cyber-attacks, which have caused disruption to production, damaged equipment and compromised safety.

Waterfall’s proprietary Unidirectional Security Gateway system has proved highly effective in repelling attempted attacks on its clients. The system creates an impassable barrier around an industrial network, which allows normal operations to continue without interruption.

Waterfall Security Solutions Offers Better than Firewall Protection

The package, distributed exclusively through THB, includes CNA Hardy’s class-leading cyber technology and cyber insurance cover, which is offered at a 30% discount when used in conjunction with the Waterfall system.

CNA Hardy is part of CNA Financial Corp, the 8th largest U.S. commercial property and casualty insurance company. Established in 1897, CNA has approximately 7,000 employees, serving businesses and professionals in the U.S., Canada, Europe and Asia.

THB is a specialist international insurance and reinsurance broking and risk management group, with over 700 staff around the world. THB is part of AmWINS Group, Inc. – the largest wholesale broker in the United States – placing some $13 billion premium annually.

Lior Frenkel, CEO and co-founder, Waterfall Security said: “Seeing the global leading insurance players put their trust in the cyber security of Waterfall Security technology to this extent is very gratifying.”

 

 

 

 

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