Page 200 - Cyber Defense eMagazine July 2024
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The RiskAware solution leverages a frictionless implementation approach by end users or silent
enterprise deployments, that delivers results in minutes and hours (very short time to value - TTV). Most
of the available solutions in the market require weeks and months of implementation with expensive
consulting services, complex license models, etc.
Dan: How does your solution fit into a company’s Cyber stack? What does it pair well with?
RiskAssure is a stand-alone solution today. Today’s cybersecurity defense strategy needs to be holistic
and tiered. The tools and processes implemented by most businesses are good, and we did not seek to
re-implement those, instead, we intentionally filled what we believed to be a gap: employee awareness
& cyber hygiene, optimization (reduction) of sensitive information footprint, + a right-sized cyber insurance
policy. As you see below, the first two are generally well-implemented, while we believe there remains
opportunities for improvement in the latter 3, and RiskAware addresses this perceived gap.
As such, RiskAware pairs well with end user cyber hygiene initiatives, optimizing sensitive information
footprints and businesses seeking right-sized cyber policies.
Dan: How are you funded?
We are proudly founder-funded, which has given us the freedom and flexibility to develop our product
and achieve significant indications of market traction. As a group of seasoned leaders who run other
successful businesses, we've been able to approach this venture with patience and thoroughness. This
isn't just another project for us — it's a passion driven by our genuine belief that we can transform the
cyber insurance industry.
As we now contemplate what our capitalization will look like, we've been doing our homework to ensure
we're making the best decisions for RiskAssure’s future. We've seen the impact we can have and the
demand for innovative solutions in the cyber insurance sector. This solid foundation and our commitment
Cyber Defense eMagazine – July 2024 Edition 200
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