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Think Cyber Security Ltd

www.thinkcyber.co.uk link_icon

Company Research Report: ThinkCyber Ltd



Company Overview



  • Name: Think Cyber Security Ltd

  • Mission: To deliver secure behaviour change for customers by engaging and empowering staff to protect themselves against cyber threats targeting human users.

  • Founded: 2016

  • Founders: Dr Mike Butler and Tim Ward

  • Key People:

  • Tim Ward, CEO

  • Mike Butler, CTO

  • Robert Coles, Chairman of the Board

  • Jamie Graves, Advisory Board Member

  • Prof. Pam Briggs, Advisory Board Member

  • Mike Meredith, Advisory Board Member

  • Headquarters: No information is available.

  • Number of Employees: No information is available.

  • Revenue: No information is available.

  • Known For: Known for its innovative approach to cybersecurity awareness and training, particularly through its flagship product, Redflags®.


Products



Redflags®



  • Description: Redflags® is a security awareness software solution that provides real-time, context-aware security training to help users make secure decisions. It is designed to be non-intrusive and seamlessly integrated into the workflow.


  • Key Features:

  • Real-time Nudges: Provides in-the-moment reminders to divert people from high-risk actions.

  • Context-Aware: Tailored messages delivered when users are about to engage in risky activities.

  • High Engagement: Balances threat-led content with evergreen content for continuous learning.

  • Broad Coverage: Offers organization-wide coverage, focusing on high-risk individuals.

  • Behavioural Science Application: Draws on nudge theory and learning science.

  • Measurable Impact: Able to show quantifiable reductions in risky behaviours.

  • Minimal Management Overhead: Low friction implementation requiring minimal overhead.


Recent Developments



  • Funding: Recently raised £3 million in a late seed funding round led by Fuel Ventures.

  • Awards and Recognition:

  • Winner of "Best Cyber Security Training and Awareness Product or Service" at the TEISS Awards.

  • Part of the NCSC for Startups Programme 2022.

  • Part of the Accenture FinTech Innovation Lab Cohort 2022.

  • Winner of techUK's Cyber Innovator of the Year 2021.

  • Partnerships:

  • Newly formed partnership with Women in CyberSecurity (WiCyS) UK & Ireland Affiliate.

  • Sponsorship of the "Most Inspiring Women in Cyber 2024" awards.

  • Product Enhancements: Continuous updates and refreshes of security awareness content and campaigns, drawing from ongoing behavioral science research.

  • Integration: Successful implementation across organizations like Gamma and Hyde for better engagement and multi-channel security awareness.


By focusing meticulously on user engagement, behaviour change, and psychological elements of learning and decision-making, ThinkCyber Ltd continues to lead the way in cutting-edge cybersecurity awareness solutions.