Data443 Announces Strategic Deal with Trium Cyber to Deliver Cyber Insurance Risk Intelligence for Syndicate 1322 of Lloyd's of London

Core Insights - Data443 Risk Mitigation, Inc. has signed a strategic licensing agreement with Trium Cyber to deploy its TacitRed™ threat intelligence platform across Trium's global portfolio of insured businesses [1][2] - The partnership positions Data443 to leverage the growing cyber insurance market, projected to exceed $50 billion globally by 2030 [2] - Data443's competitive advantage lies in its proprietary threat intelligence infrastructure, which monitors internet traffic across over 13 million companies [3] Company Overview - Data443 provides software and services for secure data management across various platforms, with over 10,000 customers in more than 100 countries [11] - The company has recently acquired TacitRed™, which has identified over 1 billion threat findings, and Cyren Threat Intelligence Services [5][10] - Data443 aims to offer a comprehensive cybersecurity platform that serves both enterprise clients and the insurance industry [4] Industry Context - The cyber insurance market is rapidly expanding, with significant losses reported annually due to preventable cyber events [5] - Trium Cyber, launched in 2023, focuses on providing risk transfer solutions and will utilize Data443's TacitRed™ to enhance its risk management capabilities [4][6] - The integration of Data443's threat intelligence with Trium's services aims to improve client protection and portfolio performance [5]