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CyberFortress
United States
2018 (7 Years)
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Security Information
What are the differences in regulations for each
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know CyberFortress
Company Information
Get to know CyberFortress
CyberFortress is building a new way to protect online revenue. They are building a new kind of online business interruption policy designed for small business. Narrowly-focused and parametric in nature, this policy will begin paying out within 24 hours of a cyber incident - providing valuable cash-on-hand to help their customers weather the immediate storm. They are building a machine that continuously collects the evidence of technology choices ecommerce businesses make - thousands of features per domain - and makes sense of this noise via machine learning. They believe that it is these behavioral vectors over time (not a point-in-time snapshot of a business's technology footprint) that best proxy cyber risk. They then use this prediction to determine pricing and generate a risk score that any business owner can use to lower their risk of downtime.
Industry
- Financial InsurancePRIMARY
- Technology Software Development
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