Verisk invests in KYND to advance cyber risk growth

Press -- 16 February 2024

Author: Marketing

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We are thrilled to announce our support of KYND as a new investor.

Founded in 2018 by Andy Thomas and Melanie Hayes, KYND has developed a cyber risk monitoring platform designed to deliver instantaneous and continuous insights into the cyber risk profile of any organisation. Offering actionable, and transparent cyber risk intelligence KYND supports informed and rapid decision- making across the cyber eco system.

The business has been recognised as one of the most innovative and powerful global cyber risk management solutions. 

KYND will use the new investment to further support its global growth plans, 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 insight-rich tools that not only remove complexity & jargon, making cyber risks easy to identify, monitor and remediate but also enable rapid decision making in this dynamic ecosystem. We are excited to continue working with BGF and look forward to welcoming the Verisk team as we execute on our ambitious growth plans.”

Rowan Bird, investor at BGF, said: “KYND has developed an industry-leading platform that provides actionable insights on cyber risk posture. The business has demonstrated impressive growth and this new investment demonstrates our belief in the long-term potential of the company as it continues to scale.”

Tim Rayner, president and CEO of Specialty Business Solutions at Verisk, said: “Helping our clients address the risks associated with cyber events is one way we build resilience for the global insurance industry. We are excited to support KYND and find new ways of working together in support of Verisk’s clients in the global insurance market.”

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.

KYND’s unparalleled cyber-risk analysis and management tools enable its customers to make fast, accurate and prioritised decisions. They remove complexity, provide instant insight into cyber risk exposure and help reduce exposure with continuous monitoring and alerts. 

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