National Australia Bank Selects CrowdStrike To Protect Small And Medium-Sized Businesses From Cybersecurity Threats
Portfolio Pulse from Benzinga Newsdesk
National Australia Bank (NAB) has partnered with CrowdStrike (NASDAQ:CRWD) to offer one year of complimentary access to CrowdStrike Falcon Go, an AI-powered cybersecurity solution, to its small and medium-sized business customers. This initiative aims to protect these businesses from cyber threats, noting that 60% of SMBs that experience a data breach go out of business within six months. The partnership highlights the importance of cybersecurity for SMBs and the role of financial institutions in enhancing their security.
April 16, 2024 | 2:04 pm
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CrowdStrike partners with National Australia Bank to provide SMBs with free cybersecurity protection, potentially increasing its market exposure and customer base.
The partnership with NAB positions CrowdStrike to potentially increase its market penetration among SMBs, a sector at high risk for cyber threats. Given the statistics on SMBs' vulnerability to cyberattacks and the consequential business failures, this move could significantly enhance CrowdStrike's customer base and reputation in the cybersecurity space. The provision of CrowdStrike Falcon Go for free could lead to future paid subscriptions and broader adoption within the financial services sector.
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