The partnership makes LOKKER’s privacy risk data available to Bitsight’s cyber insurance customers for
both privacy risk analysis and suggested steps for remediation.
REDWOOD CITY, Calif., March 25, 2025 /PRNewswire/ — LOKKER, provider of online data privacy and compliance solutions for enterprises, and Bitsight, the global leader in cyber risk management, today announced a partnership to deliver privacy risks to cyber insurers. Through this partnership, LOKKER’s privacy risk data will be available in Bitsight’s cyber insurance platform, equipping underwriters with actionable insights to make informed policy decisions, as well as suggested remediation to help insured companies mitigate the identified privacy risks.
Cyber insurance claims from privacy breaches and fines are escalating and on pace to become a significant area of loss,on par with threats like ransomware attacks. As cyber insurers are responding to mounting losses, they are seeking insights for both privacy and cybersecurity risks. This partnership between LOKKER and Bitsight fills this critical gap in the market.
The partnership introduces…
