Cyber risk management startup CyberSaint Inc. today announced that it has raised $21 million in new funding to build on customer momentum, accelerate market expansion and continue the development of its CyberStrong platform.
Founded in 2016, CyberSaint offers a platform that allows enterprises to assess, measure, remediate and communicate their cyber risk posture. The platform automates assessments, financializes risks and gives informed advice for decision-making at the executive level to optimize organizations’ cyber risk posture.
Features of the platform include allowing users to automate control assessments, quantify risk posture in financial terms, develop and track remediation plans and continually evolve their cyber risk management program over time. CyberSaint’s CyberStrong platform also provides immediate insights into customers’ cyber risk posture and offers a scalable, data-driven solution to spur action and influence decisions.
CyberSaint has seen strong growth, managing over $33 trillion in cyber risk and processes over 10 million findings daily. Notable customers include Allstate Corp., Duke Energy Corp., Marathon Petroleum Corp., Expeditors…
