SALT LAKE CITY, Feb. 8, 2024 -- Measured Analytics and Insurance (Measured), the AI-powered cyber insurance provider of small and midsize enterprises (SMEs), today announced a strategic partnership with KnowBe4, a provider of integrated security awareness training and simulated phishing platforms.
This collaboration aims to combine Measured's expertise in cyber risk management with KnowBe4's renowned security training programs to provide comprehensive cybersecurity solutions for Measured's customers.
Over 80% of cyber incidents originate from a human error or compromise. An important indicator of cybersecurity culture is the resilience of the human firewall. Measured's cyber insurance customers will gain access to KnowBe4's products at discounted rates and benefit from enhanced awareness and preparedness against cyber threats, thereby reducing their risk profile.
In addition, KnowBe4 customers that demonstrate strong human risk practices will become eligible for premium discounts for Measured's cyber insurance policies. A company's security is significantly bolstered by employees who are educated and vigilant against phishing threats.
"Our collaboration with KnowBe4 marks a new phase in cyber risk management for our joint customers," said Jack Vines III, CEO of Measured. "By tapping into KnowBe4's exceptional training resources, we are not only insuring our clients against cyber threats, but also actively empowering them to better understand and mitigate these risks. This is about transforming the way companies perceive and manage cyber threats – with knowledge and preparation."
Stu Sjouwerman, CEO of KnowBe4, shared, "We are pleased to partner with Measured, given their expertise in innovative cyber insurance solutions for SMEs. This partnership aligns with our mission to help employees make better security decisions, helping organizations prepare against a cyberattack. Given Measured's AI-powered approach to cyber insurance serving SMEs and our expertise in security training, we are setting a new standard in proactive cyber risk management."