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.
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.
“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…