CrowdStrike has expanded its Project QuiltWorks initiative to include major cyber insurers and brokers, positioning the framework as an end-to-end model for managing growing financial risks.
CrowdStrike has announced the next phase of Project QuiltWorks, extending the initiative beyond technical cyber defence and remediation into cyber insurance, underwriting, and financial risk mitigation.
The expanded framework brings together cyber insurance and risk management firms – including Coalition, Liberty Mutual Insurance, Lockton, Resilience, and Marsh – into the QuiltWorks ecosystem.
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CrowdStrike said the move reflected growing concern that frontier AI systems are dramatically accelerating vulnerability discovery and shrinking the time between flaw identification and active exploitation, creating new financial exposure for enterprises and insurers alike.
Daniel Bernard, CrowdStrike’s chief business officer, said cyber risk associated with advanced AI technologies was increasingly becoming a board-level issue rather than solely a technical problem.
“Frontier AI risk doesn’t stop at technology, it lands on the balance sheet,” Bernard said.
“Project QuiltWorks is the only framework that delivers the technology to identify and prioritise, the services to remediate, and the financial protection to secure against it.”
CrowdStrike said the framework is designed to provide organisations with continuous visibility into frontier AI risk exposure while also helping insurers assess and underwrite rapidly evolving cyber threats more accurately.
The company said QuiltWorks now incorporates financial risk modelling, underwriting intelligence, exposure prioritisation, and coordinated risk mitigation workflows designed to bridge the gap between technical security operations and financial risk management.
Under the model, insurers and ecosystem partners contribute claims data and actuarial insights alongside technical threat intelligence and vulnerability telemetry to identify the exposures most likely to lead to operational disruption or financial loss.
CrowdStrike said the framework was intended to help organisations improve their security posture while also strengthening their ability to obtain and maintain cyber insurance coverage as insurers tighten underwriting requirements around AI-related cyber risk.
Tim MalcomVetter, general manager of security at Coalition, said the speed of AI-driven cyber threats was fundamentally changing how organisations needed to manage exposure.
“Frontier AI is collapsing the window between vulnerability and loss, which makes continuous visibility and proactive risk mitigation more important than ever,” MalcomVetter said.
“Project QuiltWorks extends our approach to frontier AI risk, helping organisations better understand their potential exposure through security intelligence and take action through coordinated remediation before an attack can lead to a financial loss.”
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David Hollingworth
David Hollingworth has been writing about technology for over 20 years, and has worked for a range of print and online titles in his career. He is enjoying getting to grips with cyber security, especially when it lets him talk about Lego.