Through a Series D funding round, Resilience Cyber Insurance Solutions has raised USD 100 million to support the global expansion of its cyber risk platform, which was launched this year.
The Resilience Solution assists holders of cyber insurance policies in quantifying their cyber risk and prioritizing their security program based on a return-on-investment (ROI) analysis of their controls by bringing together leaders in finance, risk, and security.
The rise in ransomware attacks, according to Vishaal “V8” Hariprasad, CEO and Co-Founder of San Francisco-based Resilience, “proves that there are persistent gaps in today’s cybersecurity and cyber insurance practices.”
Instead, businesses need a way to analyze their cyber risk in a coordinated, cost-effective, and predictable way.
Read More: Cyberinsurance Firm Resilience Raises $100 Million to Expand Its Cyber Risk Platform
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