Image courtesy of Insurance Business Magazine
A first-of-its-kind insurer-backed warranty has launched in Australia, covering Arkose Labs' credential stuffing software and triggering a payout if the product fails to protect customers from cyberattacks. CEO Kevin Gosschalk framed it as a departure from the industry's "best efforts" culture, comparing it to a standard consumer warranty: if the software doesn't work, clients get their money back. The Brisbane-born founder said the model is designed to bring real accountability to a cybersecurity industry that has long lacked it.
