Experts: SentinelOne ransomware guarantee no replacement for cyberinsurance

Earlier this week, SentinelOne announced that it will reimburse customers for up to $1 million if they are hit by a ransomware attack, but some experts say that this is a marketing gimmick and no replacement for a solid cyberinsurance policy.

“It’s good that they are standing behind the capability of their product with this guarantee,” said Mike Buratowski, vice president of cybersecurity services at Fidelis Cybersecurity. “The guarantee program is a novel idea with some credibility to it, however there is also a bit of marketing gimmickry in it as well.”

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