CrowdStrike today announced the next evolution of Project QuiltWorks, extending the industry framework from securing frontier AI risk to mitigating financial exposure. As frontier AI accelerates vulnerability discovery and compresses exploitation timelines, leaders from the cyber insurance industry – Coalition, Liberty Mutual Insurance, Lockton, Resilience, and Marsh – bring actuarial intelligence, underwriting expertise, and financial protection to the framework.
QuiltWorks is the industry’s first model that spans technical discovery and prioritisation, expert remediation, and financial mitigation – giving organisations and their boards a complete picture of frontier AI exposure and a coordinated framework to act on it.
“Frontier AI risk doesn’t stop at technology, it lands on the balance sheet,” said Daniel Bernard, Chief Business Officer at CrowdStrike. “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. That’s how CrowdStrike defines the standard.”
Frontier Economics of Cyber Risk
Frontier AI is reshaping the economics of cyber risk, accelerating vulnerability discovery, compressing exploitation timelines, and expanding organisations’ financial exposure to attacks. In this new reality, insurers are raising the bar, and, through Project QuiltWorks, helping organisations build the security controls, visibility, and remediation frameworks they need to obtain and maintain coverage.
A Coordinated Model for Risk Mitigation
Powered by frontier models from OpenAI and Anthropic, Project QuiltWorks combines CrowdStrike’s AI-driven vulnerability discovery and adversary-informed prioritisation with remediation services from the world’s top systems integrators. With the addition of leading cyber insurers and brokers, the framework extends beyond technical risk reduction to financial risk modeling, underwriting intelligence, and coordinated financial mitigation. The result is a coordinated model that gives insurers the confidence to underwrite frontier AI risk and organisations the protection to mitigate it.
- Financial Risk Modeling: Actuarial expertise and insurer risk intelligence helps organisations – and their boards – gain a precise measure of their financial exposure to frontier AI risk.
- Exposure Prioritisation: Adversary intelligence, vulnerability telemetry, and underwriting insights combine to prioritise the exposures most likely to drive operational and financial loss – going beyond CVSS scores to what adversaries and insurers both know matters most.
- Underwriting Confidence: Continuous visibility into risk exposure and proven remediation frameworks give insurers the intelligence to confidently underwrite frontier AI risk, and organisations a clear path to obtaining and maintaining the coverage their business demands.
- Coordinated Risk Mitigation: CrowdStrike, insurers, and ecosystem partners create a continuous feedback loop – combining AI-driven vulnerability discovery, adversary intelligence, expert-led remediation, and claims data – to identify, prioritise, remediate, and financially mitigate frontier AI risk at scale.
Tim MalcomVetter, General Manager, Security, Coalition, said, “Frontier AI is collapsing the window between vulnerability and loss, which makes continuous visibility and proactive risk mitigation more important than ever. Coalition’s approach combines continuous cybersecurity monitoring, response, and expert guidance with comprehensive insurance coverage to help organisations reduce their exposure before an incident can become a claim. 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.”
Michelle Faylo, U.S. Cyber & Technology Leader, Lockton, stated, “Frontier AI is accelerating how quickly technical exposures become operational and financial impact. As advisors helping organisations manage complex risk, Lockton sees growing demand for greater visibility into frontier AI exposure and a clearer path to mitigation. Through Project QuiltWorks, Lockton and CrowdStrike are giving our clients the coordinated framework they need to get ahead of frontier AI risk, and the financial protection to manage it.”
Jud Dressler, Head of Risk Operations, Resilience, commented, “Frontier AI is accelerating the speed at which vulnerabilities become material business exposure, and the financial stakes have never been higher. Enterprises need a way to sift through the noise and determine which exposures translate into financial risk. The Resilience Risk Operations Center (ROC) was built as a way to address this reality: it is unfeasible to secure everything, instead organisations must protect against the threats that pose the most material risk to their business. Taking part in Project QuiltWorks helps us stay ahead of the cyber risk created by frontier AI, enabling us to further inform how we analyse financial exposure for our clients.”