DLT Alert provides embedded warranty protection against ransomware and cyber-attacks, offering immediate coverage and 24-hour payouts through AI-powered claims validation. This solution addresses the high costs and lengthy processes associated with traditional cyber insurance, making financial protection accessible for small and medium-sized businesses.
Funding
Funding not disclosed
Founders
Product
Problem
Traditional cyber insurance policies are often expensive, slow to pay out, and difficult for small and medium-sized businesses (SMBs) to obtain. The lengthy claims processes associated with these policies can hinder a business's ability to recover quickly from a cyberattack.
Solution
DLT Alert provides embedded cyber warranty protection against ransomware and other cyberattacks, offering immediate coverage and rapid payouts. Their AI-powered claims validation process enables 24-hour payouts, providing businesses with fast access to funds needed for recovery. The warranties are designed to be pre-approved based on a business's existing IT services, and coverage amounts are tailored for SMBs. DLT Alert also provides a validated incident report immediately following an attack to enable faster remediation.
Target Audience
DLT Alert primarily targets small and medium-sized businesses that need affordable and fast-acting financial coverage against cyberattacks.
Features
- 24-hour payouts for validated claims
- Pre-qualified coverage based on existing IT services
- One-click activation
- Low premiums and no deductibles
- Simple terms and conditions
- AI-powered claims validation
- Validated incident reports shared immediately following an attack
- Access to a network of incident response teams
- Coverage amounts tailored for SMBs
- Works with existing cyber insurance policies
- 24/7 claims support
- Protection for both on-site and cloud environments