Tag: cyber risk

As COP27 takes place, it is a reminder of how interweaved ESG will be in the future of the financial marketplace. KYND, a cyber risk technology developer, has released a report exploring the unsung hero of ESG – cyber risk.

Cyber risk technology developer KYND has partnered with digital risk processing platform Cytora to improve underwriting for cyber insurers.

Cyber risk technology developer KYND has formed a partnership with global broking company Brokerslink, which sees it deploy its platform to reduce cyberattack exposures.

Measured Analytics and Insurance has introduced CyberGuard Central, a partner program aimed at offering cyber insurance to Measured’s clients.

Security ratings firm BitSight has partnered with Marsh McLennan to support companies in better understanding, measuring and manage their cybersecurity risks.

Cyber risk is showing no signs of stopping and the reliance on cloud-based systems makes potential ripple effects vast. It is crucial for the global insurance industry to efficiently measure cyber risk.

VisibleRisk, which helps businesses understand and manage cyber risk, has received a $25m investment from Moody’s Corporation and Team8.

Trava, an integrated cyber risk management and insurance platform, has netted $3.5m in its seed round.

The maritime industry is colossal but the large scale ransomware attack on transport and logistics conglomerate Maersk in 2017 shows the industry is still susceptible to cyberattacks.

Cyber risk modelling startup Kovrr is going to use its solutions to analyse the accumulated cyber risk exposure for MAPRE RE.