Risknox provides a cyber risk management platform that generates a Cyber Hygiene Score to help businesses improve their cybersecurity posture and secure better insurance coverage. The platform offers modules for businesses to enhance cybersecurity practices and for insurers to assess cyber risk, predict incidents, and estimate potential losses. By providing actionable insights, Risknox helps organizations minimize risk and optimize cybersecurity investments.
Funding
Funding not disclosed
Founders
Product
Problem
Many organizations struggle to quantify their cyber risk exposure in financial terms, making it difficult to prioritize security investments and obtain appropriate cyber insurance coverage. Traditional cybersecurity assessments often provide qualitative results that lack the specificity needed for informed decision-making. Furthermore, ensuring AI applications adhere to evolving regulations and ethical standards presents a growing challenge for businesses.
Solution
Risknox offers an AI-powered cyber risk management platform that quantifies cyber risk, facilitates access to tailored insurance, and ensures responsible AI deployment. The platform provides a "Cyber Hygiene Score" to benchmark an organization's security posture and predict potential cyberattacks in financial terms. Risknox's integrated cyber insurance marketplace connects businesses with customized coverage options. Additionally, the platform offers Governance, Risk, and Compliance (GRC) tools to manage AI risks and align with global best practices, such as the EU AI Act.
Target Audience
Risknox targets businesses across various industries, including government, manufacturing, finance, healthcare, retail, and technology, as well as cyber insurance providers and brokers.
Features
- AI-driven threat prediction engine that analyzes security gaps and maps them to MITRE ATT&CK techniques
- Cyber risk quantification model using the FAIR framework to assess financial exposure, regulatory impact, and business disruption
- Cyber insurance module that evaluates an organization's risk profile and identifies gaps impacting insurance premiums
- Security gap assessment tool that compares an organization’s security posture against industry standards like NIST CSF and ISO 27001
- AI Governance, Risk, and Compliance (GRC) tools to assess compliance requirements and mitigate risks associated with AI deployment
- Integrated cyber insurance marketplace providing access to tailored coverage options
- MLSecOps consulting services to enhance threat detection and response times
- Application security services, including penetration testing and secure source code review