Cyb3r Operations raises £4M to address third-party risk blind spots

London-based Cyb3r Operations has secured £4 million in funding to enhance its platform for continuous third-party cyber risk visibility. This investment, led by Octopus Ventures with follow-on from Pi Labs, brings the company's total funding to £5 million, a strategic move reflecting the growing importance of cybersecurity in the digital landscape. It highlights the increasing need for robust solutions to address vulnerabilities within complex supply chains. The platform provides continuous, automated oversight across an organization's technology environment, a key differentiator from traditional methods. Cyb3r Operations focuses on identifying and monitoring third-party cyber risks for large enterprises. Their approach replaces fragmented, manual processes with real-time risk assessments, which is crucial as more than a third of major cyber incidents involve third parties. This development will significantly impact organizations relying on SaaS platforms, cloud services, AI tools, and external suppliers. By highlighting critical external relationships and prioritizing response actions, Cyb3r Operations strengthens organizational resilience. The funding will support platform expansion, development of threat intelligence capabilities, and broader adoption.
Curated and translated by Europe Digital for our multilingual European audience.
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