Security consultancy offers $1 million guarantee against breach-related costs

Check Dollars

One of the biggest worries for businesses is the cost of suffering a major cyber attack in terms of both money and business reputation.

San Francisco-based independent security consultancy AsTech is so confident of its track record that it's offering a $1 million warranty against breach-related costs if an organization using its Paragon Security Program suffers unauthorized access to non-public information through a vulnerability that AsTech fails to discover.

AsTech joins SentinelOne, WhiteHat Security, Cymmetria and a few others in offering some form of financial guarantee to customers in the event of successful cyber attacks on their applications and networks that their solutions do not catch first.

The company has spent 20 years refining its approach to source code assessments so that the results are accurate, concise, and complete. Internet applications have become the attack vector of choice for attackers. AsTech will find security issues, prioritize and categorize risks to reflect the real-world threat that they represent and create an effective, executable remediation plan. It is currently the only company providing source code security assessments confident enough in its diligence to offer a warranty against breach-related costs.

"We stand behind our work with more than just offering a money-back guarantee -- we will pay up to $1 million in breach-related costs for remediation, customer notification, legal fees, or anything else," says Andrew McDonnell, president of AsTech. "In this day-and-age, companies of all sizes need to know how secure their applications are. As the leader in our space, we take the risk out of source code security analyses -- and we guarantee that nothing will be missed."

More information is available in the AsTech website.

Photo Credit: Billion Photos/Shutterstock

3 Responses to Security consultancy offers $1 million guarantee against breach-related costs

© 1998-2024 BetaNews, Inc. All Rights Reserved. Privacy Policy - Cookie Policy.