Kovrr and Metafinanz Announce Strategic Partnership to Boost Cyber Risk Quantification

Kovrr, the global leader in on-demand cyber risk quantification (CRQ) solutions, and metafinanz, a business and IT consulting company based in Munich and well-experienced provider of tailored CRQ services, are pleased to announce their strategic partnership. Having already worked together to successfully serve a large corporate customer in the financial sector, Kovrr and metafinanz are now expanding their official collaboration to deliver advanced cyber risk insights to organizations across the DACH region.

As one of the world’s largest economies and a prime investment hub, Germany is increasingly targeted by sophisticated cyber threats, including ransomware and phishing attacks. Recent reports indicate that half of all German companies face an existential crisis due to these types of cyber incidents, yet many remain woefully under-protected despite the significant resources they pour into cyber risk management.

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Through the partnership of Kovrr and metafinanz, however, companies will now have access to a proven, data-driven approach to quantifying, managing, and mitigating their cyber risk exposure. Kovrr and metafinanz are pleased to strengthen their relationship and help businesses enhance their cyber resilience and meet regulatory demands, including compliance with DORA and NIS2.

Driving Financial Resilience and Cybersecurity Innovation

“As the global cost of cyber attacks steadily increases, cyber risk quantification is no longer optional – it’s become a key component for financial resilience,” said Yakir Golan, CEO at Kovrr. “Partnering with metafinanz allows us to deliver objective cyber risk insights, empowering businesses to make more informed cybersecurity investment decisions that reinforce stability and enhance regulatory compliance.”

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“We are very excited to be partnering with Kovrr,” added Dr. Thomas Thuspaß, Senior Executive at metafinanz. “By integrating Kovrr’s state-of-the-art cyber risk quantification models with our expertise in tailored CRQ services, we are equipping organizations across the DACH region, and potentially throughout Europe, with the tools they need to strengthen cyber resilience and safeguard their market stability.”

A Proactive Approach to Risk and Regulatory Compliance

Through this partnership, Kovrr and metafinanz will provide companies with:

Comprehensive risk assessments that quantify cyber exposure in financial terms.
Enhanced cybersecurity budgeting strategies, including cyber insurance, based on measurable risk reduction.
Continuous risk monitoring and scenario-based modeling, to help forecast and, subsequently, mitigate cyber threat levels.

By leveraging advanced cyber risk modeling and real-time cyber analytics, combined with customized services, organizations will be able to prioritize cybersecurity initiatives based on actual financial exposure, thereby allowing them to make smarter, risk-informed decisions that align with business goals and ensure resilience.

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Source – prweb