PRESS RELEASE: KYND announces expansion into the US insurance market to tackle cyber risk head-on
KYND reveals new rewind feature providing instant visibility into an organisation's cyber risk history
KYND Limited, a leading provider of pioneering cyber risk management solutions, today announced the release of the brand-new rewind risk history feature within KYND ON – its continuous cyber risk monitoring flagship product – designed to help businesses gain greater control and visibility into complex cyber risks.
Within the industry, identifying an organisation’s cyber risks primarily focuses on presenting the current risks identified when a report or scan has been requested. The relative newness and limited availability of cyber risk data has meant obtaining a historical view or interacting with past cyber risks has not been readily achievable.
Now, for the first-time organisations using KYND ON will not only have access to unrivalled real-time insight into their cyber risk exposure and alerts to new risks as they arrive, but they will have the capability to rewind and view their cyber risk history. This exclusive KYND ON feature displays the history of existing cyber risk vulnerabilities thus allowing organisations to easily and efficiently monitor changes occurring in their cyber risk profile. This helps to eliminate possible blind spots and allows businesses to quickly gain a holistic view of what happened, where it happened, and what exactly triggered the change, along with mitigation advice if required.
In addition, it also enables interaction with the cyber vulnerabilities identified by marking individual risks as resolved when it gets fixed. This enhancement will not only assist businesses in adopting security controls that can make a positive, measurable impact on reducing their cyber exposure, but it will, as a consequence, also help in securing the right insurance coverage for the organisation at favourable terms and pricing in the future.
Andy Thomas, KYND’s CEO and Founder, comments: “With today’s ever-growing attack surface and the sophistication level of threat actors, it’s crucial for businesses to gain the full benefits of threat intelligence data available in order to protect themselves. Our newly launched risk history capability empowers KYND customers with a continuous, 360-degree view of their cyber risk exposure by providing full transparency into their threat environment, alerting them on new vulnerabilities the moment they arise, and identifying changes to their risks - to defend more proactively.”
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 InsureTech 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 exposure while mitigating insured’s risk exposure with continuous monitoring and alerts.
For more information about KYND, visit: https://www.kynd.io/
For press enquiries, contact: firstname.lastname@example.org
PRESS RELEASE: Ethos Broking teams up with KYND to drive risk intelligence-led cyber insurance sales
PRESS RELEASE: KYND to unveil new Broker Programme to propel cyber insurance sales to the next level at BIBA 2023