๐ Market
AI generated
Cyb3r Operations raises ยฃ4M to address third-party risk blind spots
## Cyb3r Operations Focuses on Third-Party Security
London-based Cyb3r Operations has announced ยฃ4 million in funding to address vulnerabilities related to third-party cyber risks. The round was led by Octopus Ventures, with follow-on investment from Pi Labs, bringing total funding to ยฃ5 million.
The company focuses on providing continuous visibility into cyber risks arising from external suppliers, SaaS platforms, cloud services, and artificial intelligence tools. According to Cyb3r Operations, more than a third of major cyber incidents involve third parties, highlighting the need for more effective and automated monitoring.
## Continuous and Automated Monitoring
Cyb3r Operations' platform aims to replace fragmented, manual processes with a continuous and automated oversight system integrated into an organization's technology environment. This approach enables the constant identification and monitoring of cyber risks within supply chains.
Instead of generating abstract risk metrics, the platform highlights the most critical external relationships, tracks how risk changes over time, prioritizes response actions, and supports organizational resilience. It also identifies vulnerabilities in third-party ecosystems, such as compliance gaps, shadow IT, and extended supply chain exposures.
## Investments for Growth
Vincent Cook, founder and CEO of Cyb3r Operations, emphasized that many of today's cybersecurity challenges stem from inadequate internal processes. The funding obtained will be used to expand the platform, further develop threat intelligence capabilities, and promote broader adoption by companies managing third-party and supply chain cyber risks.
๐ฌ Commenti (0)
๐ Accedi o registrati per commentare gli articoli.
Nessun commento ancora. Sii il primo a commentare!