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FAQ
Frequently Asked Questions
Find quick answers to the most common support questions
Have More Questions?
Feel free to get in touch with us today!
What is Protectorium?
Protectorium is an InsurTech platform that streamlines interactions between Insurers and Policyholders in the cyber insurance industry. It enables Policyholders to prove the occurrence of a cyber incident without disclosing confidential corporate data. At the same time, insurers receive mathematically verifiable proof based on Zero-Knowledge (ZK) Cryptography, eliminating fraud risks and accelerating claims verification.
What is ZK Proof, and why do you use it?
Zero-Knowledge proofs (ZK proofs) are a cryptographic method that allows one party to prove the validity of secret data without revealing it. In the context of cyber insurance, this means that a policyholder can confirm an incident (such as a data breach) without compromising sensitive corporate information. ZK cryptography is already widely used in blockchain applications (e.g., Ethereum's ZK-rollups) and authentication systems, where users can verify their identity without sharing passwords.
How do you prevent fraud?
Protectorium helps insurance companies prevent fraud through the strict system assumptions of its cryptographic ZK protocol. It is impossible to forge proof or manipulate the system because a ZK proof is generated only when all insurance policy conditions are met. If the data does not confirm the insured event, the proof simply cannot be created. This prevents any form of manipulation and ensures an objective claims verification process.
How do you ensure data confidentiality?
Protectorium guarantees data confidentiality by ensuring that the Insurer receives only a ZK proof, not the raw data itself. Additionally, the Insurer can independently verify the proof's validity using the Protectorium cryptographic protocol without relying on third-party systems. Protectorium does not store or transmit any raw data — data is only used as input parameters within the ZK circuit, eliminating any risk of exposure.
How fast is the claims verification process?
Protectorium significantly accelerates claims verification, reducing processing times from weeks to minutes. A ZK proof can be automatically verified by the Insurer within our cryptographic protocol in just a few minutes. Once verification is complete, both parties can immediately proceed with damage assessment and payout agreements — without lengthy investigations or excessive paperwork.
FAQ
Frequently Asked Questions
Find quick answers to the most common support questions
Have More Questions?
Feel free to get in touch with us today!
What is Protectorium?
Protectorium is an InsurTech platform that streamlines interactions between Insurers and Policyholders in the cyber insurance industry. It enables Policyholders to prove the occurrence of a cyber incident without disclosing confidential corporate data. At the same time, insurers receive mathematically verifiable proof based on Zero-Knowledge (ZK) Cryptography, eliminating fraud risks and accelerating claims verification.
What is ZK Proof, and why do you use it?
Zero-Knowledge proofs (ZK proofs) are a cryptographic method that allows one party to prove the validity of secret data without revealing it. In the context of cyber insurance, this means that a policyholder can confirm an incident (such as a data breach) without compromising sensitive corporate information. ZK cryptography is already widely used in blockchain applications (e.g., Ethereum's ZK-rollups) and authentication systems, where users can verify their identity without sharing passwords.
How do you prevent fraud?
Protectorium helps insurance companies prevent fraud through the strict system assumptions of its cryptographic ZK protocol. It is impossible to forge proof or manipulate the system because a ZK proof is generated only when all insurance policy conditions are met. If the data does not confirm the insured event, the proof simply cannot be created. This prevents any form of manipulation and ensures an objective claims verification process.
How do you ensure data confidentiality?
Protectorium guarantees data confidentiality by ensuring that the Insurer receives only a ZK proof, not the raw data itself. Additionally, the Insurer can independently verify the proof's validity using the Protectorium cryptographic protocol without relying on third-party systems. Protectorium does not store or transmit any raw data — data is only used as input parameters within the ZK circuit, eliminating any risk of exposure.
How fast is the claims verification process?
Protectorium significantly accelerates claims verification, reducing processing times from weeks to minutes. A ZK proof can be automatically verified by the Insurer within our cryptographic protocol in just a few minutes. Once verification is complete, both parties can immediately proceed with damage assessment and payout agreements — without lengthy investigations or excessive paperwork.