Deep Instinct to offer $3 million ransomware warranty

Deep Instinct to offer $3 million ransomware warranty

Guy Caspi, co-founder and CEO of Deep Instinct, said with the new announcement that the company is “offering a level of protection for our customers that goes beyond anything on the market today.”

Deep Instinct announced Thursday that it would back its product with a performance guarantee that delivers false positivity rates of less than 1 percent, plus a ransomware warranty of up to $3 million per company for a single breach.


Based on backing from reinsurance company the Munich Re Group, Deep Instinct plans to make the new guarantee and warranty protection available March 31. The ransomware warranty will cover the costs associated with recovery, business interruption and loss of business.   


“We are offering a level of protection for our customers that goes beyond anything on the market today,” said Guy Caspi, co-founder and CEO of Deep Instinct. “We’re raising the stakes when it comes to the level of actionable and accurate information that security teams can count on, allowing them to be more productive in their ongoing battle against cyberattacks – and backing that ..

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