- KYND Limited has once again joined the prestigious CyberTech100 list for 2022, recognising the most innovative companies providing cyber defences.
- Published by FinTech Global, the CyberTech100 list features organisations that aim to combat the increasing threat of cybercrime.
- KYND’s cyber-risk management tools enable increased sales of cyber policies and renewals.
KYND Makes the Cut
For the third year running, KYND Limited once again joins the prestigious CyberTech100 list for 2022, which focuses on recognising companies that provide world-class cyber defences. KYND is a provider of pioneering cyber-risk management products and services, with the company aiming to make complex cyber risks easier to manage and understand.
KYND’s CEO, Andy Thomas, commented: “It’s an absolute honour to be included in such a prestigious list for the third year running; especially considering the world we live in and the ever evolving threats and the growing market sector. The CyberTech100 list continues to offer recognition of the fact that we’re dedicated to making cyber risk management solutions available to every organisation regardless of size or location. Having the right tools in your arsenal to prevent the worst from happening has never been more critical, and our inclusion in the top 100 list strengthens our confidence in the difference we’re making.”
About the CyberTech100 List
Published by Fintech Global, the CyberTech100 list is an annual compilation of some of the world’s leading CyberTech providers. It features organisations, such as KYND, that help businesses combat the increasing threat of cybercrime, while simultaneously strengthening their cyber resilience.
Previous nominations for KYND Limited have been a direct result of innovative new technology and tools. Since launching KYND READY and KYND SIGNALS, the company has received even more recognition for its services, with the above tools having morphed into popular elements of its end-to-end suite of cyber-risk management strategies.
The CyberTech Industry and Financial Services
Fintech Global stipulates that the CyberTech industry for financial services has increased exponentially over the last few years, with most operations moving to the cloud and many organisations now spending more to secure their digital infrastructure. A data breach can result in an average cost of $5.72 million to a company, meaning many financial institutions are also expected to further increase their security budgets.
Consequently, identifying the leading 100 companies in the CyberTech space this year was more competitive than ever, and consisted of a panel of industry experts and analysts who voted from a list of more than 1,000 different organisations. Finalists were awarded a place on the CyberTech100 list for their forward-thinking implementation of technology to solve a significant industry-related issue, or to generate cost savings, or improving efficiency across the security value chain.
Richard Sachar, Director of Fintech Global commented: “Financial institutions are 300 times more likely to be the target of a cyber attack compared to other companies. As such security executives in financial services must stay on top of the latest innovation and threats in the market to proactively prevent data breaches and avoid reputational damage. The CyberTech100 list helps them do just that by identifying the top new technologies which can be part of an integrated cybersecurity risk management strategy.”
KYND is on a mission to make complex cyber risks easy to understand and manage. KYND’s pioneering technology makes assessing, understanding, and managing cyber risks easier and quicker than ever before and is used by insurers, brokers, and their clients. Recognising one size doesn’t fit all, KYND has designed made-to-measure InsurTech products that work for any size business, from any industry, anywhere in the world.
KYND’s unparalleled cyber-risk management tools not only enable accelerated sales of cyber policies, speeds up renewal and helps control client risk but also supports better underwriting decisions by removing complexity, providing instant insight into cyber risk profile while reducing insured’s risk exposure with continuous monitoring and alerts.
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About FinTech Global
FinTech Global offers the most comprehensive data, the most valuable insights and the most powerful analytical tools available for the global FinTech industry. We work with market leaders in the FinTech industry – investors, advisors, innovative companies and financial institutions – and enable them to get the essential intelligence they need to make superior business decisions.
The CyberTech100 is an annual list of 100 of the world’s most innovative CyberTech companies. These are the companies every financial institution needs to know about as they consider and develop their information security and financial crime fighting strategies. A full list of the CyberTech100 can be found at www.CyberTech100.com. More detailed information about the companies is available to download for free on the website: https://member.fintech.global/.