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Psyber

Insurance
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Overview

When you think about that, we humans are all different. We come from diverse backgrounds, our behavior changes based on circumstances and we also have different personalities and traits. People are the secret sauce of any organization, but when it comes to cyber security, they are also it’s biggest attack surface and vulnerability.. The vast majority of cyber insurance claims are the caused by insider human factor; insider threat is skyrocketing and the cyber insurance industry doesn’t yet have the right risk-pricing models to assess it. Whether it is an international corporation, or a small size manufacturer; company employees are the secret sauce, but when it comes to cyber security they also the root cause of insider risk. M2021ore than 60% of companies have experienced an insider attack in the past year either due to negligence, exploitation of personality traits, or malicious intent. As for the cyber insurance industry, until now, it didn’t have the underwriting practices to assess insider risk. That’s why we’ve created Psyber, people-centric, insider risk assessment for Cyber Insurance. Psyber fills in the missing risk-pricing practices by creating a single organizational score for insider risk, while protecting privacy and anonymity of employees The score incorporated into the risk-pricing process, increases accuracy and profitability.