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.
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.
Got a business in the manufacturing sector? These tips on how you can reduce energy costs while being more sustainable are well worth a read...
 Daniel Dierkes, David Schara, and Maximilian Geißinger 2.jpeg)
Innovative InsurTech startup SureIn announces a €4M Seed round to further its mission of making insurance easy, transparent and hassle-free for SMBs.
Nassia Skoulikariti, Director of IoT Programmes, Mobile Ecosystem Forum shares some insights on how IoT is having a significant impact on all our lives.
.jpg)
Roger James Hamilton, Founder and CEO of Genius Group, a world-leading entrepreneur Edtech and education group, discusses how introducing a globalized curriculum will help better prepare students.
SuperFi, the debt prevention platform, has announced a $1m pre-seed funding round to support people during the cost of living crisis.
41 startups from 13 countries, including the UK, have been selected for the 8th Kickstart Innovation program, one of Europe’s leading innovation platforms.
Personal training platform Another Round has secured £300k in its latest fundraise, including investment from angels and its community.
Thingtrax Secures £4.3M to Empower Manufacturers to Build the Factories of the Future
A measure of inflation relief for small firms sees transport costs fall but service price increases remain elevated
Bedfordshire-based HR tech startup HR DataHub has built a range of tools for HR departments
Published on: 1st December 2022
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- SureIn Secures €4M to Close the SMB Insurance Gap 15th Aug 2023 Innovative InsurTech startup SureIn announces a €4M Seed round to further its mission of making insurance easy, transparent and hassle-free for SMBs.
- SuperFi raises $1M pre-seed funding round 28th Jul 2023 SuperFi, the debt prevention platform, has announced a $1m pre-seed funding round to support people during the cost of living crisis.
- Startups rely on AI & sustainability for new partnerships 27th Jul 2023 41 startups from 13 countries, including the UK, have been selected for the 8th Kickstart Innovation program, one of Europe’s leading innovation platforms.
- Another Round closes £300k Seed round to revolutionise personal training 21st Jul 2023 Personal training platform Another Round has secured £300k in its latest fundraise, including investment from angels and its community.
