Cyber Insight, founded in 2022 and headquartered in Germany, is transforming the landscape of IT security and regulatory compliance with its accessible SaaS solution. The company is targeting a critical gap in the market where a staggering 88% of companies in Germany have been impacted by cyberattacks, resulting in annual damages of 223 billion euros.
The platform caters to diverse sectors, including law firms, IT service providers, management consultants, and insurance companies, by offering a multifactorial risk model enhanced through AI. This model evaluates vulnerabilities and external factors, automatically generating security assessments and action recommendations to minimize risk.
With a mission encapsulated by their slogan—"Imagine a world where every company can afford and understand cyber security and regulation"—Cyber Insight recently secured a €1.00M Seed investment from TGFS on 01 April 2023. The investment underscores their potential to make compliance and cyber risk management both affordable and comprehensible.