Squalify, a cyber risk quantification platform supported by reinsurer Munich Re, has entered the US market, securing its first significant customer and releasing updates to its platform aimed at expressing cyber risk in financial terms.
The company’s initial US client, Henry Meds, a digital healthcare provider based in the Bay Area, will use Squalify’s platform to generate risk insights intended to support security investment decisions, regulatory compliance, and reporting to executives.
Demand for top-down cyber risk quantification is increasing across sectors such as healthcare, finance, manufacturing, insurance, retail, automotive, and technology, and Squalify’s expansion aims to address this need by helping organisations measure cyber risk in dollar values and link security spending to business objectives.
Brian Cook, Senior IT & Security Manager at Henry Meds, noted, “With the Squalify platform, we now have a clear…
