Alfahive provides a cyber risk automation platform that integrates with enterprise security tools to quantify and prioritize cyber risks using industry-specific data and frameworks like MITRE ATT&CK. This technology enables organizations to make informed risk decisions and effectively communicate financial exposure to senior leadership, enhancing their cyber resiliency strategies.
Funding
$10K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many organizations struggle to quantify and prioritize cyber risks effectively, leading to inefficient resource allocation and difficulty in communicating financial exposure to stakeholders. Traditional risk assessments often lack business context and fail to provide a clear link between security controls and potential cyber threats. This makes it challenging to develop a cyber resilience roadmap and secure appropriate cyber insurance coverage.
Solution
Alfahive's RiskNet platform automates cyber risk management by integrating with existing enterprise security tools and leveraging industry-specific data. The platform translates security controls into cyber risks using frameworks like MITRE ATT&CK and D3FEND, enabling organizations to quantify the business impact of potential cyber loss events. By simulating controls against cyber threats, RiskNet prioritizes risks and provides built-in reporting and dashboarding capabilities. This allows for strategic engagement with board members and regulators, facilitating informed risk decisions and improved cyber resilience.
Target Audience
Alfahive targets enterprises, including those in retail and banking, seeking to improve their cyber risk management, as well as brokers and insurance companies.
Features
- Automated conversion of security controls into cyber risks using MITRE ATT&CK and D3FEND frameworks.
- Quantification of cyber risk impact based on cyber loss event data and industry-specific risk scenarios.
- Risk prioritization through simulation of security controls against cyber threats.
- Integration with enterprise security tools via APIs.
- Built-in reporting and dashboarding for executive board reporting and regulatory compliance.
- Cyber risk quantification for brokers with Broker Assist.
- Cyber risk assessment for insurance with Insure Assist.