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.
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