Verisk and BGF invest in KYND to advance cyber risk management

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UK-based KYND, a provider of cyber risk management solutions, has secured an undisclosed amount in funding from data and technology provider Verisk, and BGF, an existing backer and experienced growth capital investors in the UK.

cyber modelAndy Thomas and Melanie Hayes founded KYND in 2018. Since then, it has developed a cyber risk monitoring platform designed to deliver instantaneous and continuous insights into the cyber risk profile of any organisation.

By offering actionable, and transparent cyber risk intelligence KYND supports informed and rapid decision- making across the cyber ecosystem.

The firm aims to use Verisk’s and BGF’s investment funds to propel the business expansion, as well as continuing to develop transformative cyber risk technology.

Andy Thomas, chief executive of KYND, said: “The threat of cybercrime is rising; attacks are now a question of “when” not “if” and the risk of these occurring has knock-on effects across the broader landscape.

Quex, Unparalleled Exposure Management from Quotech

“At KYND, we are committed to creating best-in-class, efficient and insightrich tools that not only remove complexity & jargon, making cyber risks easy to identify, monitor and remediate but also enable rapid…

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