Cyber Risk Management

CrowdStrike® Falcon PreventTM

A Solution in the Fight Against Ransomware

Ransomware can rapidly infect systems and spread across a company, creating serious problems for a business and its employees. Ransomware often begins with a phishing attempt. This is when an employee receives an email that appears legitimate, but actually contains malicious links or file attachments. The contents of these emails can allow an adversary to encrypt files on the company’s device and network drives, effectively locking the files and making the system inaccessible. Adversaries will then demand a ransom payment, often in Bitcoin or other cryptocurrencies, in order to relinquish access to the company files. What makes a ransomware attack even more effective is its ability to travel through a company’s network, starting from only a single compromised access point.

Chubb’s Cyber Incident Response Team works with our clients who face ransom demands every day – many of which exceed $1M.

 

Chubb’s cyber policyholders have access to software and services, like CrowdStrike, that can help you identify and mitigate key cyber exposures. CrowdStrike can help you to curtail the ever-growing threat of ransomware. CrowdStrike’s NextGen AntiVirus software, Falcon Prevent, helps to lessen the likelihood that an organization’s personal computers will be subject to ransomware attacks from incoming malware, and helps mitigate the spread to other exposed devices on the company’s internal network.

Falcon Prevent Highlights

  • Falcon Management Console acts as the cloud platform that serves as the central management and reporting hub for your computers, eliminating the need for on-premises hardware and IT resources
  • CrowdStrike Falcon Prevent is designed to stop both known and never-seen-before threats on your computers using cloud-scale AI, machine learning, and behavioral-based detection
  • Falcon Sensors use adaptive machine learning to help detect and block ransomware and malware, including emerging threats or tactics that adversaries may be using
  • CrowdStrike Express Support provides on-going support with quarterly computer “health” checks

How to Access

To sign up for the CrowdStrike loss mitigation services as a Chubb cyber policyholder, click here to request services.

For more information on CrowdStrike, visit www.crowdstrike.com.

Contact Us

For more information on CrowdStrike and other cyber services available through Chubb, contact your local agent, broker, or underwriter.