OutThink - building a risk aware culture

by Startacus Admin

The innovative platform that is on a mission to identify and reduce risky workforce behaviours

We have all heard about serious breaches of security in this organisation or that because of something as simple as an employee leaving a folder on the train, or having their laptop stolen. In the movies, nerdy but cool hackers sit in the middle of high-tech setups in some abandoned warehouse hacking into everyone’s systems and stealing information; but in reality, the biggest culprits in data theft and breaches are just employees ignorant to the dangers.

Whether it is leaving a hundred people’s medical records sitting on a park bench or still using the password ‘Password1234’, these are the people who innocently cause most of the problems.

Founded by the Bank of Ireland’s former UK Chief Information Security Officer, London-based SaaS startup OutThink has created a Predictive Human Risk Intelligence SaaS Platform (PHRISP for short...is something they don’t say) to combat this issue.

It isn’t enough for people to be aware that security is a thing; they have to be educated on their part in it, and what they can do to keep themselves, others, and their business safe. In order to protect against the exploitation of human vulnerabilities, those vulnerabilities need to first be identified in your workforce.

OutThink can create a risk profile for every employee as well as monitor and mitigate the risk in real-time. The platform employs adaptive learning to ensure that each employee is given the right training to strengthen their weaker points, and is full of training modules, which use gamification to make this learning more enjoyable and memorable.

For admin, the advanced metrics are based on the frameworks of leading cybersecurity insights from the likes of NIST, Gartner, and ISF, and the continuous, real-time monitoring adds significantly to how actionable the intelligence gathered is.

OutThink recently announced that it has raised €1.4m in seed funding round led by Forward Partners. This will be used to expand the platform, keeping it people-centric and non-Owellian. Given how commonplace big security breaches caused by simple human error are, we think they will have little trouble becoming widely adopted.

Subscribe to our newsletter

If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.

• #
• #saas
• #risk
• #security
• #staffing
• #cyber

Published on: 1st March 2020