global cybersecurity insurance firm catalyst has said it will expand its data analytics capabilities after securing $ 40 m in a funding round led by Ribbit Capital . Coalition 's product covers costs incurred from liabilities related to third - parties , including breach response , ransomware response and extortion . The product also provides insights into and advice on improving businesses ' cybersecurity positions .
US cybersecurity insurance firm Coalition has said it will expand its data analytics platform after securing $40m in a funding round led by Ribbit Capital. Coalition's product covers costs incurred from liabilities related to third-parties, including breach response, ransomware response and extortion. The company also offers insights into and advice on improving businesses' cybersecurity positions.