Behavioural security company CybSafe secures £5.6 million Series A1 investment round

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CybSafe, the behavioural security platform that’s transforming the way organisations manage human cyber risk, today announced a £5.6m ($7.9m) Series A1 round.

It was led by deep tech investors, IQ Capital with participation from Hannover Digital Investments GmbH (HDI Group) and B8 Ventures. The investment comes as a result of the company’s continued momentum, its pioneering use of data and behavioural science and growth of the market opportunity.

The investment round will be used to enhance go-to-market capability, deepen technology and research capability, and further disrupt the industry’s approach to managing human risk. CybSafe uses audit data from multiple systems (such as Gsuite & Azure) to help manage human cyber risk. Their efforts are transforming the industry’s understanding of people-related risk. It also supports their work towards the prediction of human risk before it materialises.

With data breaches at an all-time high, the human aspect of cyber security has never been more important. People are universally recognised as a critical part of the cyber resilience challenge and account for 90 per cent of breaches. Their security…

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