The Cyber ILS market is waking up. Great summary of 2023 developments by Artemis.bm.
The ILS market has been working hard towards Rule 144a cyber catastrophe bonds, with investor education efforts accelerating recently. This week, we reported on the first deal from AXIS (AXIS Capital), while we also reported that Beazley is hard at work on its first as well.
Thank you AXA XL for the continuous support and insights to build better solutions for Industrial Cyber Risk Management.
We're pleased to announce that we have invested into DeNexus, a leader in end-to-end cyber risk management. DeNexus is well-positioned to address the growing need for comprehensive cyber risk management in industrial environments, helping organizations navigate the complex landscape of cybersecurity threats and regulations. Libby Benet, our Global Chief Underwriting Officer, will join DeNexus' board of Directors as Board Observer. She commented: "DeNexus' approach to cyber risk management is both timely and essential to build resilience in industrial companies and physical critical infrastructures, and we're proud to be part of their journey." Learn more about DeNexus 👉🏽 denexus.io
Need to take control over your OT cyber risk? don't miss this event in Boston with our partner Forescout Technologies Inc.
Join Forescout Technologies Inc. and DeNexus on November 7th at 4PM @F1 Arcade Boston for some Networking and Fun! https://lnkd.in/ec6Zn-im
🚀 Breaking news for DeNexus! Announcing $17.5M in Series A funding! Thank you to our amazing customers, partners and investors for their trust in the DeNexus team. Our dedicated employees and their tireless efforts have made it possible to build and deploy the most amazing AI-powered cyber risk management solution at more than 200 industrial sites. This funding will fuel our next growth phase, and together, we're setting the new standard for end-to-end cyber risk management for industrial environments and critical infrastructure. Rimmo Jolly, Punja Global Ventures, Libby Benet, JD AXA XL, Alex Horvitz, HCS Capital, Rosa Kariger, Herb Madan, Barbara Albizuri Richter, Prosegur,Vivek Pendharkar, NextEra Energy, Inc., Andreas W. Haug, Dennis P. G., Jack Jones, Anthony Souza, CISM, CRISC, CDPSE #cyberriskmanagement #OTcybersecurity #funding #CRQM #infosec #AI https://lnkd.in/gPqK69dE
This is an amazing research collaboration between DeNexus and Universidad Alfonso X El Sabio. Together, we're pushing the boundaries of #CyberRiskModeling and #CyberRiskQuantification using #AI, #ML, and advanced analytic techniques. Thank you, Romy Rodriguez-Ravines Ph.D., for driving such an impactful initiative.
VP People at DeNexus, Inc. I Head of HR I HRBP I People & Culture I HR Advisory I Author
Today, 09th of October marks the kick off of our groundbreaking 'Cybersecurity Incident Compendium', a long-term collaboration between DeNexus and UAX Universidad Alfonso X el Sabio. Engaging 8 professors, 200 students out of 6 different disciplines: Mathematics, International Relations, Marketing, Artificial Intelligents Computing and Business Analytics. Thanks to Romy Rodriguez-Ravines, Jacinto Velasco, PhD and all envolved stakeholders to make this huge innovative proyect possible. #DeNexus #UAXMakers
The energy industry is going through many changes. This modernization is a great opportunity to integrate #cybersecurity and #cyberrisk management in all projects. Thank you, Rafael Elosegui Mayor, for representing DeNexus and our innovative end-to-end cyber risk management solution for industrial environments. #demoday Elewit
Thrilled to have the opportunity yesterday to participate in #DEMODay at #Elewit, with focus on innovation and collaboration within the energy transmission industry. Very interesting to hear Carlos Puente Pérez, Director of Corporate Development at Redeia, discuss about suitable energy, and David Gonzalez Martin, Senior Investment Manager at the European Investment Fund (EIF). I presented how #DeNexus contribute in the context of complex cost reduction for Transmission to improve Cybersecurity and Risk management decision making process. Currently working closely with Elewit/ #Redeia for OT Risk Quantification and Management to enrich innovation towards comprehensive digital grid. I would like to thank Elewit team for the invitation #CITO Silvia María Bruno De la Cruz, Head of Corporate Venturing Elena de Benavides Jimenez, Innovation Manager Alberto Escalera, Cyber OT Manager Mario Castro Fernandez Castro and his team, and most obviously #CEO Roberto García. #DeRISKplatform #cyberriskquantification #cyberrisk #crq #crqm #industrialcontrolsystems #ics #ot hashtag #OTcyber #criticalinfrastructure #criticalinfrastructureprotection #ThirdGenerationCyberRiskQuantification
Fantastic sessions were held last week during #Smartenergycongress in Madrid on October 2nd & 3rd. Panels such as “Challenges, best practices, and success criteria for Twin Transition” discussed key elements of #cybersecurity. Every speaker highlighted the impact of #NIS2. With the increasing demand for cost-effective solutions and the pressure of new regulations, technology, digitalization, and their contribution to operational risks become drivers of this transition. #DeRISK Rafael Elosegui Mayor from DeNexus Spain had the opportunity to meet #CIOs, #CDOs at CEPSA, Gestamp, Aena, UFD, CAPITAL ENERGY ANDALUCIA SL, and Repsol. It was great meeting our partners Getronics, Miguel Barahona, Iñigo Rodríguez, Joaquín López, Antonio Sanchez, Francisco Galisteo, and many others. #DeRISKplatform #cyberriskquantification #cyberrisk #crq #crqm #industrialcontrolsystems #ics #ot #operationaltechnology #cyberriskmanagement #OTcyber #criticalinfrastructure #criticalinfrastructureprotection #ILS #ThirdGenerationCyberRiskQuantification
This year’s theme for #CybersecurityAwarenessMonth, "Secure Our World," highlights the need for increased cyber protection in all aspects of our personal and professional digital lives, including industrial systems. DeNexus’ Jose M Seara details in Global Security Mag https://shorturl.at/yNmUj #manufactring #datacenter #transportation #SecureOurWorld
To elevate portfolio-wide #CyberResilience, infrastructure funds should conduct comprehensive #cyberrisk assessments across their portfolio companies. Incorporating cyber risk assessment into the due diligence process for new investments is central for CFOs to achieve the target risk-adjusted returns. https://shorturl.at/sedtv #CRQM #CFO Industrial Cyber
Every organization has a security culture—but how effective is yours? Join #CybersecurityAwarenessMonth webinar on October 17 exploring the impact of organizational culture on security and offering principles for building a robust environment: https://shorturl.at/DmKov National Cybersecurity Alliance #CAM #cybersecurity
