Staying ahead of the technology curve means strengthening your competitive advantage. That is why we give you data-driven innovation insights. This time, you get to discover 5 hand-picked startups tackling cyber crime.
Global Startup Heat Map highlights 5 Top Startups Tackling Cyber Crime out of 184
The insights of this data-driven analysis are derived from the Big Data & Artificial Intelligence-powered StartUs Insights Discovery Platform, covering 2.093.000+ startups & scaleups globally. The platform gives you an exhaustive overview of emerging technologies & relevant startups within a specific field in just a few clicks.
The Global Startup Heat Map below reveals the distribution of the 184 exemplary startups & scaleups we analyzed for this research. Further, it highlights 5 startups that we hand-picked based on criteria such as founding year, location, funding raised, and more. You get to explore the solutions of these 5 startups & scaleups in this report. For insights on the other 179 solutions tackling cyber crime, get in touch.
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CybSafe builds Software Solutions to manage Human Cyber Risk
Cyber criminals exploit certain common traits and behaviors, hence humans often become the major driver of cyber incidents. This is the reason organizations invest greatly in cyber security training so that employees are aware of potential cyber threats. Traditional cyber security training is less relevant in a world of remote working, as employees and businesses are no longer constrained to office buildings or restrictive network access. To this avail, startups evolve cyber security training with a data-driven approach to address the human aspect of cyber risk.
CybSafe is a British startup that uses data analytics and behavioral science to mitigate human-related cyber security risks. CybSafe measures and tracks security behavior to improve control and awareness activities, thus enabling better security decision-making. Moreover, the startup’s behavior-IQ allows organizations to detect risks by highlighting online behavior that might be a threat.
CipherBlade investigates Cyber Crime and Recovers Cryptocurrency
Reports suggest that in the recent past, more and more hackers committing cyber crimes such as email scams and ransomware demand bitcoin from the victims in exchange for the release of their data. Cryptojacking is another crime that is on the rise, with hackers infecting and gaining illegal access to computer systems to mine cryptocurrency. Such risks associated with the crypto market are the reasons why people hesitate to invest. Moreover, in many countries, the crypto market is not regulated, making it difficult for people to recover or report cyber crimes involving bitcoin or other cryptocurrencies. That is why startups use blockchain technology to track, trace, and investigate such crimes.
Cipherblade is a US-based startup that investigates cyber crime. The startup specializes in using blockchain forensics to track bitcoin, ethereum, and other cryptocurrencies. It uses a combination of on-chain and off-chain analytics to track and recover digital assets. Thereby the startup serves businesses and individuals who are victims of cybercriminal activity such as hacking, investment fraud, SIM-swapping, exit scams, ransomware, embezzlement, and theft. Further, the startup also provides cyber security services and training to government bodies and blockchain companies.
Cyber Risk Aware Creates a Human Cyber Risk Management and Behavior Change Technology Solution
Most individuals who are online use some form of technological defense to combat cyber security risks. Yet there are numerous instances where people or companies with advanced cyber security systems fall prey to cyber criminals. Startups acknowledge that the real targets of cyber criminals are humans, and create advanced cyber security training and assessment tools. This reduces the risk of being impacted by online fraud or data breaches.
Irish startup Cyber Risk Aware addresses the root cause of cyber incidents by training staff and thus creating a human firewall. The startup offers a behavior-driven security awareness platform that delivers training in real-time. Training includes phishing and smishing stimulation, security awareness training content, cyber knowledge assessment, real-time intervention training, and risk and compliance reporting. Through all these solutions, the startup enables companies to rapidly reduce cyber security risks and keep its assets safe.
Sentropy detects and defends Digital Communities against Abusive Content
The scale of online harassment, cyberbullying, and online abuse and their impact on mental health is impossible to overlook. Studies suggest there is a stark increase in the number of teens experiencing online harassment who are left with increased suicide risk. Because of this, people who face online abuse often give up social media and abandon their online presence. However, everyone has a right to a safe internet experience, thus startups leverage a vast amount of data to build solutions that detect abusive and malicious content before it reaches users.
US-based startup Sentropy builds technology to safeguard digital communities across the Internet. By leveraging vast volumes of data, Sentropy’s platform activates content moderation with smart, comprehensive, and bias-aware detection capabilities that are easy to deploy and scalable. The platform is a contextually aware Artificial Intelligence, supporting community managers to detect abuse, harassment, as well as malicious content and take action. The startup builds a societal infrastructure for the internet and enables businesses of every size- from startup communities of a few thousand to the largest forums on the web to protect their users.
Forensic Experts provides Digital Investigation & Cyber Security Solutions
The number of cyber crimes reported across the globe is increasing at a significantly fast pace. Studies suggest that the costs associated with cyber crime might hit USD$6 trillion annually by the end of 2021. Together with technological innovations, cyber attacks are becoming smarter, more aggressive, and more difficult to detect. To tackle this challenge, startups use technology to build cyber security solutions that fight the new age cyber attacks.
Forensic Experts is a Swedish startup that provides a range of solutions to government bodies and businesses to combat cybercrimes. The startup’s technology reduces and solves cyber crimes and fraud, as well as provides security systems and data protection. Apart from providing software and hardware products and training for cybersecurity, the startup also provides investigation services in cases of cyber crime. Forensics Experts collects the data left behind by the cyber criminal and analyze it to answer questions surrounding the incidents.
Discover more Startups
Startups such as the examples highlighted in this report focus on transparency, biometrics as well as blockchain-based solutions. While all of these technologies play a major role in advancing security, they only represent the tip of the iceberg. To explore more technologies, simply get in touch to let us look into your areas of interest. For a more general overview, you can download one of our free Industry Innovation Reports to save your time and improve strategic decision-making.
