PRESS RELEASE: KYND announces expansion into the US insurance market to tackle cyber risk head-on
PRESS RELEASE: KYND wins 2022 FinTech Award for Most Innovative Cyber Risk Management Solutions Provider
Wealth & Finance International have announced the winners of the Fintech Awards 2022, recognising the world’s most innovative service providers for the finance industry.
KYND Limited, a provider of pioneering cyber risk management products and services, has been recognised as “Most Innovative Cyber Risk Management Solutions Provider of 2022” in the Fintech Awards hosted by Wealth and Finance International, a leading publication and guide to the global financial market.
The Fintech Awards promote the world’s most standout cybertech companies committed to providing business with secure and innovative ways to manage finance and assets. KYND have been awarded for their work in helping finance organisations take control over cyber risk in assets and investments through proprietary risk management technology and insight-led advice.
Cyber risk presents a clear and present danger to businesses of all sizes and this includes investments and assets. With the latest reports indicating that criminals can penetrate 93% of company networks, reducing risk is a vital step toward protecting investment capital and building cyber resilience in businesses.
KYND CEO and Co-Founder, Andy Thomas, commented: “The financial sector is quickly discovering that their assets and investments are as vulnerable to cyber risks as any other business. Being able to provide them with a quick and easy way to see where these risks lie in an organisation and support to reduce them has been incredibly important to us. Receiving recognition of the hard work and successes we've had within the sector with awards like this goes a long way to build our confidence that we’re making a difference in the industry.”
Commenting on the awards, Wealth and Finance International said: “Those operating within the FinTech industry are constantly pushing boundaries and limitations, providing consumers and business leaders with a more simplified user experience when it comes to financial management. FinTech experts make our lives easier and eliminate unnecessary levels of stress from our daily lives.”
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 exposure while mitigating insured’s risk exposure with continuous monitoring and alerts.
For more information about KYND, visit: https://www.kynd.io/
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Wealth & Finance International is dedicated to providing fund managers and institutional and private investors around the world with the latest industry news across both traditional and alternative investment sectors.
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