PRESS RELEASE: KYND recognised as a Global Top 100 CyberTech company for fourth successive year

Fintech Global has unveiled its fourth annual CyberTech100 list, highlighting the next generation of tech companies paving the way towards enhanced cyber resilience in the financial services industry.

KYND Limited, a provider of cutting-edge cyber risk management technology and services, is proud to announce its fourth consecutive inclusion in Fintech Global’s annual CyberTech100 list. This prestigious initiative recognises the world’s most innovative and standout solution providers helping financial services firms combat the threat of cyber-attacks and strengthen their cyber defences in the face of the ever-evolving digital threat landscape.

According to FinTech Global, the CyberTech industry for financial services
has grown dramatically over the last couple of years as operations are
increasingly moving to the cloud and organisations expand their spending on securing their digital infrastructure. Between 2023 and 2030, the industry is predicted to grow a CAGR of 13.8% from $172.3bn to $424.9bn.

With all this taken into consideration, the 100 CyberTech firms featured this year represent the next generation of solution providers shaping the future of the information security and CyberTech industries. KYND’s fourth consecutive inclusion underscores the way it redefines proactive cyber risk management for businesses in today’s exponentially growing digital landscape. By combining unprecedented, comprehensive risk insight, continuous threat monitoring and alerting capability and prioritised remediation advice, KYND delivers continuous technological advancement and best-in-class customer services to its growing global clients in the financial services sector in their fight with digital perils.

Andy Thomas, CEO and Founder of KYND, commented: “We’re honoured to be named on the CyberTech100 list as one of the world’s leading cyber risk management solution providers for the industry for the fourth year running. Not only is this a remarkable achievement for our team whose hard work and dedication cannot be overemphasised, but it is also an important recognition of our unswerving mission of making complex cyber risks easy to see, understand and manage. The financial industry has become a primary target for cyber-attacks, and its exponentially growing attack surface demonstrates the importance of continuous threat visibility and a robust cyber risk management in organisations’ overall risk programme. Our team at KYND is focused on delivering and continually advancing solutions that do just that, while helping businesses drive enhanced cyber resilience around the globe.”

In light of cybersecurity fast becoming a core consideration in ESG frameworks, in 2022 KYND was also named on the Fintech Global’s inaugural ESGFinTech100 list. A trailblazer in the field of cyber risk management, KYND was highly acknowledged for its exceptional use of technology to deliver a suite of powerful and efficient solutions for wealth managers, financial advisors, and their clients to help take the lead on complex cyber risk.

Richard Sachar, Director of Fintech Global, commented: “As challenges such as ransomware, phishing and data breaches still plague financial institutions, there has never been a more important time for businesses to use CyberTech solutions. With the average cost of data breaches being in the millions, it is critical for firms to look for solutions that can guarantee their protection, particularly as the tough economic climate puts pressure on finances. This year’s CyberTech100 list arms companies with the necessary information to find the industry change-makers who are providing companies with the opportunity to be well protected against these threats.”

About KYND

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 works 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.

For more information about KYND, visit: https://www.kynd.io/

For press enquiries, contact: press@kynd.io

● Follow KYND on LinkedIn @KYNDCyber

● Follow KYND on Twitter @KYNDcyber

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/