Cyber Risk

Real-time detection and reporting of cyber and GDPR risk exposure.

Cyber risk events encompass massive data breaches:

• Exposing personally identifiable information (PII)
• Automated ransomware attacks extorting bitcoin payments
• Cryptomining
• Ransomware
• Business email compromise (BEC) attacks
• Spear phishing

While cyber premiums grow at over 25% per annum, insurers lack insight into the actual, evolving risk profile of their individual policyholders and of accumulated concentration risks.

We build solutions for data-driven risk decisioning in real-time:

• Monitor and report on cyber risk using real-time scores on individual devices and across policyholder’s portfolio
• Support GDPR audits with PII monitoring and alerts
• Automatically detect and quantify threats without impacting device performance
• Access policyholders' actual and evolving risk profiles with access to real-time alerts, dynamic risk scores, and aggregated data
• Reward good risk management and penalize or eliminate risky behavior with dynamic premium adjustment
• Drive down the expense ratio, improve profitability, and reduce earnings volatility
• Integrate with policy and claims operational systems to ensure correct price and support forensic analysis should a claim happen

Solution Capabilities

• Build digital applications
• Create models and automate workflows to drive down expense ratios
• Review current practice to improve profitability and reduce earnings volatility
• Deliver outputs for view a C-suite dashboard
• Generate alerts and a dynamic risk score to help with risk decisioning