BforeAI, the world’s fastest and most accurate predictive attack intelligence and digital risk protection solution, announced today the launch of PreCrime Guarantee, the company’s new breach protection pledge that underlines confidence in their cybersecurity solutions platform. In partnership with the leading global provider of cyber insurance, PreCrime Guarantee reimburses customers up to ten times the value of their service contract if impacted by a cyberattack due to a failure by BforeAI’s predictive solution.
BforeAI’s PreCrime platform predicts, blocks, and preempts malicious campaigns before they can impact an organization. With a false positive rate of 0.05%, the company’s automated preemption can stop attacks within minutes,before the customer falls victim. PreCrime Guarantee provides customers with additional peace of mind as they assess the platform’s effectiveness in the field and further validates the powerful insights and resources that the PreCrime platform provides security teams.
BforeAI underwent a stringent, nine-month process in which the insurance partner validated the effectiveness of the artificial intelligence platform against BforeAI’s go-to-market claims.
Because AI systems are not deterministic but based on probability, it is critical that they are developed to deliver reliable, business process-friendly results. PreCrime delivers best-in-class false positive/false negative and recall performance with extreme reliability. As BforeAI’s AI models were evaluated for their performance, the insurance partner’s team of experts were impressed by the quality of the underlying technology and its controls to limit deviation from performance claims.
The PreCrime Guarantee launch comes on the heels of a recent $15 million Series A funding round led by SYN Ventures, with renewed participation from early investors Karma Ventures, Karista, Addendum Capital, and a new investment from the Partnership Fund for New York City. The program will be instrumental in new customer engagements as BforeAI looks to expand further in the U.S. market in 2024.
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BforeAI Launches PreCrime Guarantee Program for Seamless Cyber Risk Coverage
BforeAI, the world’s fastest and most accurate predictive attack intelligence and digital risk protection solution, announced today the launch of PreCrime Guarantee, the company’s new breach protection pledge that underlines confidence in their cybersecurity solutions platform. In partnership with the leading global provider of cyber insurance, PreCrime Guarantee reimburses customers up to ten times the value of their service contract if impacted by a cyberattack due to a failure by BforeAI’s predictive solution.
BforeAI’s PreCrime platform predicts, blocks, and preempts malicious campaigns before they can impact an organization. With a false positive rate of 0.05%, the company’s automated preemption can stop attacks within minutes,before the customer falls victim. PreCrime Guarantee provides customers with additional peace of mind as they assess the platform’s effectiveness in the field and further validates the powerful insights and resources that the PreCrime platform provides security teams.
BforeAI underwent a stringent, nine-month process in which the insurance partner validated the effectiveness of the artificial intelligence platform against BforeAI’s go-to-market claims.
Because AI systems are not deterministic but based on probability, it is critical that they are developed to deliver reliable, business process-friendly results. PreCrime delivers best-in-class false positive/false negative and recall performance with extreme reliability. As BforeAI’s AI models were evaluated for their performance, the insurance partner’s team of experts were impressed by the quality of the underlying technology and its controls to limit deviation from performance claims.
The PreCrime Guarantee launch comes on the heels of a recent $15 million Series A funding round led by SYN Ventures, with renewed participation from early investors Karma Ventures, Karista, Addendum Capital, and a new investment from the Partnership Fund for New York City. The program will be instrumental in new customer engagements as BforeAI looks to expand further in the U.S. market in 2024.
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This entry was posted on May 28, 2024 at 9:00 am and is filed under Commentary with tags BforAI. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.