CyberVadis

CyberVadis then provides companies with a standardised cybersecurity rating, thus facilitating easy sharing and comparison, coupled with a roadmap for bolstering their score and fostering collaborative efforts with clients to implement heightened security practices. Operating under a fixed annual fee structure, CyberVadis conducts a series of evidence-based assessments through its platform.

Its injection of new capital in 2023 underscores the importance of reliable, evidence-based assessments to scale third-party cyber risk management efforts. This influx of funds will allow CyberVadis to expand its team and serve new clients beyond its traditional markets. It will also fuel innovation, allowing the company to enhance its platform further and amplify its value proposition.