Franchise Perils and WhiteHat Security Join Hands to Thwart Away Cyber Threats

By CIOReview | Wednesday, February 24, 2016
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SANTA CLARA, CA: WhiteHat Security, the only application security provider that combines the best of technology and human intelligence has joined hands with Franchise Perils, a division of the Executive Perils Inc., to forge a strategic partnership that would help customers place an emphasis on preventive and proactive security for their franchises. This strategic collaboration which includes the Franchise Perils’ eFranchisorSuite, the only network security and privacy cyber insurance policy, and WhiteHat Sentinel, a software-as-a-service platform (SaaS), will be used to find and fix vulnerability before they can be exploited.

Cyber insurance premiums are increasing and companies need to address security early-on with a proactive approach in order to protect themselves and their shareholders from catastrophic breaches and losses,” said Peter R. Taffae, Managing Director, Executive Perils Inc. “Our partnership with WhiteHat Security augments our policy offering and provides franchisors and their franchisees with a trusted technology and a team of security threat research experts, giving customers a comprehensive and unique approach to cyber insurance.”

Cyber insurance is only a part of the risk management equation for any organization, and it should not be considered in isolation from security solutions for proactive protection. Keeping this in mind, Franchise Perils has collaborated with WhiteHat Security to ensure that its private franchise customers have easy access to the leading solution for application security, WhiteHat Sentinel. Franchise Perils will contribute towards the purchase of WhiteHat Sentinel for its eFranchisorSuite insured and, WhiteHat Security will extend a steep discount for the solution, making it extremely cost-effectively; if not cost free-to the eFranchisorSuite user  for the first year.

“WhiteHat Sentinel, combined with the eFranchisorSuite, is an excellent way for the franchisors and their franchisees to proactively protect their franchisors, franchisees and their customers from cyber threats,” said Susan Don, Vice President, Channel Development, WhiteHat Security. “What’s unique about Sentinel is that it is backed by one of the largest and the best teams of security experts in the industry: the security engineers in the in WhiteHat’s Threat Research Center. This means Franchise Perils’ insureds using WhiteHat Sentinel will benefit from having over 150 security experts continually protecting their applications.”