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Maxxsure

www.maxxsure.com link_icon

Company Research Report: Maxxsure



Company Overview



  • Name: Maxxsure

  • Mission: To develop a best-in-class cyber risk quantification and management solution that can holistically survey all internal and external factors influencing the cyber risk posture of an organization and frame them in financial terms.

  • Founded: 2016

  • Founders: Shawn Wiora and Srik Soogoor

  • Key People: No specific information is available regarding other key people aside from the founders.

  • Headquarters: 4570 Westgrove Drive, Suite 235, Addison, Texas 75001, USA

  • Number of Employees: No information is available.

  • Revenue: No information is available.

  • What the Company is Known For: Maxxsure is widely recognized for its powerful cyber risk quantification platform that identifies, measures, and scores an organization’s cyber risks.


Products



Maxxsure Platform


  • Description: A comprehensive cyber risk quantification solution that offers individualized, actionable, and highly accurate risk assessments unique to each organization.

  • Key Features:

  • M-Score: A proprietary risk quantification model that presents an organization's overall cyber risk on a scale from 0 to 1000.

  • Cyber Insurance Analytics: Provides an Insurance Analytics dashboard for understanding coverage-to-self-insured ratio estimates.

  • Defensible Cyber Risk Analytics: Protects leadership reputations with an up-to-date Cyber Risk Registry.

  • Risk Profile: Personalized and detailed cyber risk profile that provides insights for risk management and resource allocation.

  • Additional Features:

  • Visualization reports for all organizational levels.

  • Cyber resilience and probable maximum loss assessments.

  • Real-time monitoring of cyber risk scores.


Recent Developments



  • Recent Partnerships:

  • February 5, 2024: Partnered with BIG Cyber to enhance cybersecurity offerings for the Global Gaming Industry.

  • January 15, 2023: Joined forces with Native-led Onoo Po Strategies to improve cyber safety in Indian Country.

  • July 25, 2022: Collaborated with CRISIL for a next-gen cyber risk management solution.


  • New Products or Features: No specific information about new products or features beyond existing offerings.


  • Other Developments:

  • Developed a prioritized risk registry aligning cyber risks with business reliance factors.

  • Enhanced capabilities for assessing and translating risks into financial terms to empower executive decisions.


Conclusion



Maxxsure stands out as a pivotal player in the cyber risk quantification arena, offering a rigorous, data-driven approach to understanding and managing cyber risk. The platform's suite of tools, notably the M-Score and Insurance Analytics, empowers organizations to recognize, assess, and strategically address their cyber risks at a financially quantifiable level. Through partnerships and a commitment to innovation, Maxxsure continues to expand its influence and capability in promoting robust cyber risk management practices globally.