They’ve done it as insurance. His latest venture has already raised $50M to protect other companies from the growing and ever more severe threat of cyber attacks.This founder has been at the head of at least two incredibly fast-growing startups. "We urge victims to do everything possible not to pay," Motta says, noting that paying out ransomware attacks often doesn't restore lost data anyway and may lead to an increase in crime. We should be there for that."

It was cyber warfare against American businesses.Things just keep speeding up too. Motta says that the average claim is $160,000, but that his firm guarantees claims of up to $15 million. Now he’s based where the real magic happens, San Francisco, California.While growing up in Kansas may not have been the most happening place in the physical world, it certainly gave Motta the opportunity to focus on technology.Not inspired by the traditional paper route, Joshua taught himself HTML and other computer programming languages.
It also gave him insight into analyzing risk in business.There are many types of risks businesses and their investors face. They have created a coalition of numerous companies, using affordable access to insurance to spread risk. However, despite $120bn of annual spending on cybersecurity defenses, cybercrime alone is estimated to cost organizations over $1.5 trillion per year.After an exhilarating career at the intersection of technology, intelligence, and cybersecurity, Coalition co-founder Joshua Motta realized that traditional approaches to cybersecurity were broken. Still, the former Microsoft Boy Wonder and 19-year-old CIA analyst sees the upside of playing a role that others might not enjoy:"The epiphany for me was that no amount of cybersecurity spending, no amount of defensive strength is ever going to prevent the offense – the criminals – from scoring a point, from breaking into a business," he said. Our listeners learned a lot about cyber insurance, leaving corporate America to do your own thing, choosing cofounders and being very intentional in building your company the right way from the start.Joshua Motta was born and raised in Kansas. *Insurance products may be underwritten by North American Capacity Insurance Company, North American Specialty Insurance Company, or an affiliated company, which are members of Swiss Re Corporate Solutions. But if we pay a $15 million claim, that means some business has been hit really hard and needs that support. Why not have more impact on your time? His latest venture has already raised $50M to protect other companies from the growing and ever more severe threat of cyber attacks. Storytelling is everything which is something that Joshua was able to master. Joshua Motta is the CEO and founder of Coalition, the first technology-enabled cyber insurance solution. Hier sollte eine Beschreibung angezeigt werden, diese Seite lässt dies jedoch nicht zu. "We absolutely get to stare risk in the face every day," Motta says.

Here’s how we found ourselves here...Technology is transforming the world and it’s easy to see whyWhile technology can help mitigate risk, it can’t eliminate it. Today: Hamburg. So, why not go big? A leading-edge research firm focused on digital transformation.At 15, Joshua Motta was sick of his job delivering the paper. Joshua Motta was Microsoft's "Wonder Boy" at 15 and a CIA analyst at 19 – which he says prepared him to work in the evolving, high-risk field of insuring small businesses against hacks. In a ransomware attack, Coalition provides "an entire forensics response team that is at the disposal of our customers at no cost to them," Motta says. "We sell risk, and there's absolutely the prospect that we can have to pay out more in insurance claims than we collect in premiums." A: Coalition is the culmination of all that I’ve done. Coalition currently has more than 10,000 customers who have insured over $12 billion of their risk.We’re excited to continue democratizing access to cybersecurity for everyone, all the while sharing our customers’ incentives to prevent and mitigate losses.We believe every organization should be resilient to cyber attacks and technology failures.
Montreal and Vancouver, the 2nd and 3rd largest Canadian metropolitan areas, respectively, join our existing PoP in Canada's largest, Toronto. Coalition's versatile approach — offering not just insurance but cybersecurity tools to protect companies — was appealing to investors. Build Query: Press References . This founder has been at the head of at least two incredibly fast-growing startups. "That's an insurance company's job, to pay claims. Er war Mitbegründer der 2011 gegründeten Aktivistengruppe der Oberschüler und Studenten Scholarism und erlangte 2014 breite in… At 14 years-old, Joshua began his career at Microsoft as the company’s youngest employee. Start your day with a morning cheat sheet. Ve el perfil de Joshua Moore en LinkedIn, la mayor red profesional del mundo. The number of coronavirus-related phishing attacks has increased 667% between February and March 2020, according to While cybersecurity insurance has previously been available to large organizations, Motta says that Coalition is bringing new kinds of protection to small and medium-sized businesses. After stints at Goldman Sachs, other gigs in the private equity and investing world, and at security startup Cloudflare.