Bologna, March 13, 2018

Helping SMEs understand the vulnerability of their digital assets and providing specialist support to mitigate these risks, continuously monitoring these assets so as not to be exposed to cyber threats, and supporting the insurance industry in designing targeted services against cyber risks.

These are the main objectives that CRIF wants to take forward in its expansion strategy through its investment in KYND, a company founded in 2018 in London, and with which it will develop innovative services that will bring together the expertise in cyber risk assessment and management developed by KYND and the information assets and analytics of CRIF.

Through this investment, CRIF becomes one of the major investor in KYND. The KYND team not only comprises of cyber specialists and technology experts but also includes KYND’s Chairman Mike Harris, previously the founder of First Direct, Egg and ex CEO of Mercury, and CEO Andy Thomas who led consumer data and fraud protection company Garlik.

“CRIF's strategy is based on the constant development and enrichment of its offering in order to knowledgeably support and manage different types of risk, and to develop partnerships aimed at offering customer retention and protection services,” explained Beatrice Rubini, CRIF Executive Director of Personal solutions and services offering.

About KYND

Founded in February 2018 and headquartered in London, KYND is a new breed of cyber company. KYND makes complex cyber risks simple to understand and manage for every organization, regardless of size, means or industry sector.