Zeron Joins Hand with Mitigata to Boost Cyber Risk Posture in BFSI Sector

Joins Hand

Zeron, Mumbai’s top cyber risk quantification firm, has formed a strategic alliance with Mitigata, a business at the forefront of reimagining cyber insurance solutions. With a primary goal of improving cyber risk management and reducing cyber risk exposure by 60%, our collaboration intends to equip organisations to make educated decisions about their cyber risk strategy. Customers may proactively manage their cyber risks and obtain appropriate financial protection by combining Zeron’s risk quantification knowledge with Mitigata’s specialised cyber insurance products.

As cyber threats evolve, organisations confront the difficulty of determining their cyber risk posture and picking the best insurance coverage. Zeron solves this difficulty by providing customers with important risk indicators and quantification through its QBER model, which is the first of its type in the country and serves as a benchmark for managing cyber threats.

The agreement will combine Zeron’s risk quantification knowledge with Mitigata’s cyber insurance expertise. Zeron will use its QBER model to give customers with important risk indicators and quantification, allowing them to better understand their cyber risk posture. Mitigata, on the other hand, will provide personalised cyber insurance solutions based on Zeron’s risk quantification approach. This collaboration will enable organisations to make more educated decisions about their cyber risk management strategy and choose the most appropriate cyber insurance coverage.

“Our partnership with Mitigata represents a strategic alliance focused on empowering organizations to navigate today’s complex cyber threat landscape. By integrating Zeron’s risk quantification insights with Mitigata’s innovative cyber insurance solutions, we enable businesses to proactively manage cyber risks and obtain the most suitable insurance coverage. The escalating complexity of cyber threats and the increasing regulatory scrutiny surrounding cyber risks have created a pressing need for a robust CRQ model like QBER. With its ability to deliver actionable insights and empower organizations to enhance their cyber posture, QBER sets a new standard for cyber risk quantification” said Sanket Sarkar, CEO & Founder of Zeron.

QBER enables organisations to assess their cyber threats in monetary terms and provides relevant information. This makes it easier for them to defend themselves against cyber attacks and manage the financial consequences. The demand for this type of approach is steadily increasing as cyber threats evolve. Many companies are discovering that employing QBER allows them to better invest in cybersecurity. Unlike previous models, QBER assesses cyber hazards more comprehensively, flexibly, and dynamically. This means organisations can respond swiftly to emerging risks. Insurance companies can use QBER to provide full cyber risk coverage to their clients, hence improving the ecosystem’s cyber resilience.

Sarthak Dubey, Co-founder & COO, expressed, “Mitigata’s partnership with Zeron marks a significant step in our mission to go beyond cybersecurity and cyber insurance. By combining Mitigata’s innovative tech-enabled cyber insurance solutions with Zeron’s risk quantification capabilities, we are able to provide our clients with comprehensive, full-stack cyber support. This collaboration will empower organizations to not only understand their cyber risk posture with unprecedented accuracy but also secure tailored financial protection. Together, Mitigata and Zeron are setting a new standard for cyber risk management and helping our clients navigate the complex digital landscape with confidence.”

Mitigata’s collaboration with Zeron is an important milestone in our quest to expand beyond cybersecurity and cyber insurance. We can offer our clients comprehensive, full-stack cyber support by integrating Mitigata’s revolutionary technology-enabled cyber insurance solutions with Zeron’s risk quantification skills. This alliance will enable organisations to evaluate their cyber risk posture with unprecedented precision and secure targeted financial protection. Mitigata and Zeron are setting a new standard for cyber risk management and assisting our clients in traversing the complicated digital landscape with confidence.

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