SentinelOne Announces $1M Anti-Ransomware Guarantee

sentinelOneDogSentinelOne is putting its money where its mouth is.

On Tuesday, the endpoint security company announced a “cyber threat protection guarantee” to provide customers with financial protection (ie. compensation) in the event of ransomware attacks on their networks, to the tune of $1,000,000.

SentinelOne’s new cyber threat protection guarantee program provides its customers with financial support of $1,000 per endpoint, or up to $1 million per company if  SentinelOne is unable to block or remediate the effects of a cyberattack—an attractive proposition, seeing as ransomware victims paid out $209 million in Q1 2016, compared to $24 million for all of 2015.

“I’ve long rallied hard about the ineffective antivirus products currently on the market — which cost companies billions of dollars annually but ultimately fail to keep them secure,” said Jeremiah Grossman, chief of security strategy for SentinelOne. “The security industry is undergoing a credibility crisis, with security vendors launching product after product without specific validation of their effectiveness. But we’re headed for a major shift where security vendors will be required, not only by customers but by lawyers and insurers, to put their money where their mouth is.”

The SentinelOne Cyber Guarantee is immediately available to SentinelOne customers and partners.

Endpoint_Buyers_Guide_No_DLDon’t Get Hacked. 

Compare Top Endpoint Security Providers with the 2016 Endpoint Security Buyer’s Guide.

  • 24 Vendor Profiles and Capabilities References
  • 10 Top Questions for Buyer’s
  • Complete Market Overview
Download
Follow Jeff

Jeff Edwards

Jeff Edwards is an enterprise technology writer and analyst covering Identity Management, SIEM, Endpoint Protection, and Cybersecurity writ large.He holds a Bachelor of Arts Degree in Journalism from the University of Massachusetts Amherst, and previously worked as a reporter covering Boston City Hall.
Jeff Edwards
Follow Jeff

Leave a Reply

Your email address will not be published. Required fields are marked *