Surefire Cyber | June 01, 2022
Surefire Cyber, a new incident response company, debuted today to assist cyber insurers, brokers, legal firms, and the enterprises they support in better managing cyber events like ransomware, email hacking, and other cybercrimes. The firm received a $10 million Series A round of funding from Forgepoint Capital.
Surefire Cyber's goal is to work with our clients and partners to swiftly manage a cyber incident and then bring forward capabilities to help them become more cyber resilient. Our delivery of end-to-end digital forensics and incident response capabilities is built on a tech-enabled framework and delivered through a platform that aligns and connects an organization's executives, technical team, insurance carrier, and legal counsel."
Billy Gouveia, the CEO and Founder of Surefire Cyber.
Surefire Cyber is committed to being great partners to carriers, brokers, Breach Coaches®, and the clients they work together to support. We are pleased to welcome them as new contributors to the cyber insurance ecosystem who offer deep experience and a valuable perspective."
Mark Greisiger, President and Founder of NetDiligence®.
Based on two long-term trends: the rising cost of cyber incidents and the growing adoption of cyber insurance, industry veterans found Surefire Cyber as a purpose-built response firm that leverages a proven team and a tech-enabled platform to improve transparency, improve decision making, minimize business interruption, and guide organizations from recovery to long-term resilience.
Forgepoint Capital, the world's most active early-stage cybersecurity venture capital firm, is backing Surefire Cyber. Before he started Surefire Cyber, Gouveia worked as an Entrepreneur-in-Residence at Forgepoint. There, he helped develop the company's strategy, business model, technology, and team, as well as build important partnerships with companies across the firm's portfolio.
Oakbridge | June 15, 2022
Oakbridge Insurance Agency announced a new partnership with Brock Insurance Agency. Brock Agency is an independent agency with corporate offices in Rossville, Georgia, Chattanooga, Tennessee, and Savannah. This partnership establishes Oakbridge’s first presence in Tennessee and also promotes the agency’s continued Southeastern expansion.
We are very excited to join Oakbridge and have been working with Oakbridge's founding firms for over a decade, and this partnership is evidence of the trust and bond we have built and will continue to nurture."
Brock's President Mark Brock.
For the past three years, Brock has been recognized by Independent Insurance Agents & Brokers of America as a Best Practices Agency and a top performer in their revenue category in 2021. As a result of the agreement, Brock gains access to extra resources and initiatives and a network of like-minded professionals dedicated to offering innovative solutions for their clients.
The alliance doubles Oakbridge's employee benefits presence in the region and complements the firm's focus on construction, real estate, manufacturing, charities, and energy.
About Oakbridge Insurance Agency
Oakbridge Insurance Agency LLC is a fast-developing partnership model for organizations seeking expedited growth, access to finance, and an expanded array of capabilities to service clients. Oakbridge is one of the region's largest privately-owned insurance, risk management, and employee benefits businesses, having been named a "Top 100" insurance brokerage by Business Insurance and Insurance Journal magazines. Agriculture, bond/surety, construction, financial, health care, manufacturing, municipalities, non-profit, senior living, and transportation are among the areas where the agency has specific experience. Visit oakbridgeinsurance.com for more information.
CyberCube | May 31, 2022
CyberCube, a provider of cyber risk analytics, has announced the debut of CAERS, a new cyber incident response service for customers of the company's SaaS products.
CyberCube will join with Kroll, a renowned provider of data, technology, and insights linked to risk, governance, and growth, to deliver information and assistance on important cyber aggregation events to CyberCube's clients through the Cyber Aggregation Event Response Service (CAERS). Kroll will give frontline threat intelligence derived from its tens of thousands of incident response cases each year.
After a big cyber event, the CAERS team will give CyberCube's clients the most up-to-date information, and CyberCube's SaaS solutions, such as Broker Manager, Account Manager, and Portfolio Manager, will help with any impending cyber disasters.
Darren Thomson, CyberCube’s Head of Cyber Intelligence Services, expressed, “With cyber events becoming increasingly common, the speed and accuracy with which organisations respond to them is critical. That’s why we’ve launched this response service, specifically tailored to CyberCube’s growing client base. The pressure on our clients during a major cyberattack can be extreme. With CAERS, our team—comprising data scientists, actuaries, engineers, economists, and cyber security experts—will become an extension of our clients’ teams, providing the updates they need and sharing both our expertise and data.”
We’re pleased to be contributing to CAERS because effective incident response depends on the most current and relevant threat intelligence available. In our most recent Threat Landscape Report, we saw a 356% growth in the number of attacks quarter-on-quarter where the infection vector was a zero-day or freshly-announced software exploit. Ransomware groups have also been found to be leveraging newly announced vulnerabilities just days after release. It is only with access to frontline intelligence that firms can prioritize resources, mitigate the risk of a cyberattack and react appropriately if the worst happens.”
Benedetto Demonte, Chief Operating Officer for Kroll’s Cyber Risk practice