The company will cover up to $1 million in damages for any customers infected by ransomware

Ransomware has become a growing menance.

Security firm SentinelOne is confident it can beat any of today s ransomware -- and is willing to put money behind that claim.

However, the company is convinced it won t have to make any pay outs, said Jeremiah Grossman, its chief of security strategy.

SentinelOne s failure rate in stopping ransomware attacks is way less than 1 percent, he said in an interview.

During the times its security did fail, the client s computer hadn t been running the latest version of SentinelOne s software, he added.

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