OutThink - predictive human risk intelligence
by Startacus Admin
London-based SaaS startup OutThink has developed an innovative approach to help companies to visualise risk, target interventions and prevent data breaches.
Cybersecurity is a hugely important aspect of our modern lives, with so much of those lives based online. Whether it’s as simple as our social media, or as sensitive as our banking or our work, the simplest and ostensibly smallest of data breaches can lead to severe consequences. And 90% of those data breaches are due to human error. From easily-guessed passwords, to using unsecure WiFi to responding, to phishing social media posts, errors in judgement are dangerously easy to make. But perhaps the biggest threat to security could be leveraged to become a company’s best defence.
London-based cybersecurity startup OutThink is taking a slightly different approach to this issue than most. Rather than simply educating employees on general best practices to avoid security breaches, and hoping for the best, OutThink leverages machine learning, natural language processing, and applied psychology to identify the attitudes, intentions, and sentiment of people within an organisation and combine this data with data from Microsoft Defender and Sentinel to provide an overall risk assessment.
Using this, OutThink can then provide targeted training to security teams so that they can learn from the employees. This is, of course, in addition to normal security awareness training. The insights that the platform can provide are, the startup says, like nothing we have seen before. Predictive human risk intelligence allows a company to visualise risk, target interventions, and prevent data breaches in a way that is more sustainable and more collaborative.
“It’s time to see your people as the solution not the problem” - Prof. Angela Sasse, Chief Scientific Advisor at OutThink
In October, OutThink announced that they had raised £8.8 million in a seed round led by AlbionVC, with participation from TriplePoint Capital, Forward Partners, Gapminder, and Innovate UK. This funding is going towards expanding and distributing internationally. With names like Whirlpool, Danske Bank, Rothschild, NatWest already using the technology, and other FTSE 100 companies, they are in a good position to extend their reach.
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Published on: 1st December 2022
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