AsTech $ 1M Cyber Security Guarantee Against Breach-Related Costs
Volume 10
Feb 2017 Edition
The integrated services offered by Utilidata and Raytheon , including cyber monitoring , post-attack forensics analysis , and both short and long-term strategic capabilities will limit risks and enhance cybersecurity to prevent future attacks .
“ Power utilities face unique challenges that make planning and response to cyber attacks more difficult ,” said Scott DePasquale , chairman and CEO of Utilidata .
“ With more and more devices and systems connected to the internet , and all of them needing electrical power , these challenges are increasing exponentially . This new alliance will help define the future of cybersecurity in the power utilities sector .”
( Jan 22 , 2015 – Hear from Scott DePasquale , chairman and CEO of Utilidata , about how the Providence-based software company is helping National Grid and other utilities move to a “ smart grid ”, courtesy of Utilidata , WPRI and YouTube )
AsTech $ 1M Cyber Security Guarantee Against Breach-Related Costs
Warranty Covers Cyber Breaches After Source Code Vulnerability Analyses
AsTech , a leading independent security consulting company based in San Francisco , will provide a $ 1 million warranty against breach-related costs if an organization suffers unauthorized access to non-public information through a vulnerability that AsTech fails to discover for its Paragon Security Program ( PSP ) customers .
With this program , risk management budgets will become much more predictable , leading to more certainty relating to how much companies would pay out in the event of a breach .
Utilidata , is a global software company that works with electric utilities to enhance energy efficiency and grid security .
The company ’ s patented technology captures real-time data from the grid , giving utilities information needed to save energy , mitigate issues caused by distributed energy resources and better detect grid anomalies .
PSP subscribers also enjoy irreversible security improvements in their application development processes regardless of the size of the organization .
Greg Reber , CEO , AsTech Consulting
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