Published by Citalid
Citalid Integrates cysmo’s Capabilities to Transform Cyber Risk decision-making for Enterprises and Insurers
Paris and Hamburg (May 23rd 2024). Citalid, the leading European Cyber Risk Quantification (CRQ) SaaS platform has chosen cysmo, market leading outside-in scanning solution for insurers to underline their ambitions to revolutionize cyber risk decision-making.
By integrating the sophisticated capabilities of Citalid's CRQ platform with cysmo's cutting-edge external scanning technology, Citalid will provide unparalleled European capabilities to make 360° assessment of cyber risk.
Citalid’s platform thus leverages threat intelligence, firmographics, outside and inside-based defensive assessments, as well as finance and insurance data to provide augmented quantitative cyber rating insights. This integrated approach will enable businesses to make informed decisions, proactively protect their assets and communicate to their stakeholders in financial terms.
"We are excited to integrate cysmo’s capabilities to pursue our journey towards cyber financialization. Our combined expertise and innovative technologies will enable organizations across Europe to gain a deeper understanding about their cyber risk exposure and make actionable decisions." says Maxime Cartan, CEO & Co-founder at Citalid.
Jonas Schwade, CEO at cysmo added, "We are proud that Citalid has chosen cysmo as their partner for outside-in scanning. We are convinced of the quality that Citalid offers its customers in the area of risk quantification, which is in line with our claim to deliver high quality results without false positives. With the integration of cysmo, Citalid can offer a real USP in risk quantification.”
For media inquiries or further information, please contact:
Citalid
Marie Giesbert : marie.giesbert@citalid.com
cysmo
Hannah V. Groß: media@cysmo.de
About Citalid
Citalid is a leading SaaS platform for Cyber Risk Quantification (CRQ). Founded in 2017 by two former ANSSI experts, Citalid enables businesses and insurers to make informed decisions about cyber risk by translating dynamic data into actionable financial indicators. Citalid's strategic expertise in Cyber Threat Intelligence (CTI) enables it to provide clients with context-specific threats and assess their defensive maturity. Recognized in the Gartner Hype Cycle and winner of the Zurich Innovation Championship, Citalid's prestigious clients include Allianz, Cap Gemini, Lagardère, and Unéo.
About cysmo
cysmo Cyber Risk GmbH, a German software provider and a subsidiary of PPI AG, specializes in real-time Outside-In scanning with its innovative portfolio designed to assess cyber risks. Originating from PPI AG—a well-established consultancy with deep expertise in the financial industry —cysmo® solutions swiftly identify external vulnerabilities of businesses, completing assessments in less than a minute.
Through individual reports, API integration, and a comprehensive SaaS platform, cysmo® is tailored specifically for the insurance and financial sectors. It enables the evaluation of visible cyber threats from an external perspective and manages risks efficiently. Serving as a critical resource for the financial industry, cysmo® enhances cybersecurity measures and insurance solutions by providing comprehensive, external risk analysis. At the core of cysmo Cyber Risk GmbH’s efforts is the steadfast endeavor to minimize false positives, ensuring the utmost accuracy and reliability in their assessments.
