SCHAUMBURG, Ill., March 18, 2025 /PRNewswire/ — HALOCK Security Labs, an innovator in cybersecurity risk management and legal defensibility, has been named as a finalist for the prestigious 2025 Cyber Insurance Awards. HALOCK was selected for pioneering work in defining and advancing ‘reasonable security’ standards to reduce legal liabilities related to cybersecurity incidents.
As inventors of the Duty of Care Risk Analysis Standard (DoCRA), HALOCK developed a methodology to help companies, regulators, and attorneys determine when a breached organization acted reasonably, and is therefore not liable for the breach. DoCRA helps organizations determine when the cost of cybersecurity risk mitigation is justified by the potential risk to others. This definition of reasonability, consistent with regulatory and case law, provides an affirmative defense for breached organizations, reducing risks to the public, shareholders, and insurers.