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Verisk, KYND Expand Collaboration to Strengthen Cyber Resilience for Insurers
Globenewswire· 2025-12-10 10:00
Core Insights - Verisk has expanded its strategic collaboration with KYND to enhance cyber risk intelligence for the insurance market [1][2] - The integration of KYND's cyber risk insights into Verisk's Rulebook platform aims to improve pricing, underwriting, and distribution services across major business classes [2][5] Cyber Risk Landscape - Research from KYND indicates that 80% of the UK's top 50 retailers are exposed to at least one critical cyber vulnerability, with over a third facing risks across all five major categories: ransomware, outdated software, vulnerable services, email security flaws, and certificate issues [3] - The holiday season is expected to heighten cyber risks, particularly for retailers who manage vast customer data and complex supply chains [4] Strategic Goals - Verisk's collaboration with KYND is focused on building resilience across the insurance value chain through data-driven innovation and advanced technology [4] - The partnership aims to empower clients to make faster and better-informed decisions, modernizing commercial underwriting and enhancing resilience through actionable insights [5]