Last Updated on: 6th November 2024, 10:14 am
KYND Limited, a leader in cyber risk management, proudly announces its recognition for the third consecutive year in the prestigious 2024 ESGFinTech100 list. This list, managed by FinTech Global, honours leading technology providers dedicated to helping financial services tackle today’s challenging environmental, social, and governance (ESG) issues. KYND’s inclusion is a testament to its dedication to supporting wealth managers, financial advisers, and their clients in the proactive identification and management of digital risks in an efficient and effective manner.
This year’s selection underscores KYND’s role as a foremost player in addressing cyber risk—an often-overlooked but increasingly urgent component of ESG. As cyber threats grow both in number and complexity, companies are beginning to recognise that cyber resilience is crucial to their overall sustainability, operational resilience, and the trust of stakeholders. For the financial services sector in particular, managing cyber risk has become an essential part of meeting ESG commitments and safeguarding long-term value.
KYND’s advanced technology provides an in-depth analysis of an organisation’s cyber exposure, identifying significant risks and offering clear, prioritised recommendations for mitigation. Unlike other solutions that utilise obscure scoring models, KYND’s proprietary data provides a transparent and accurate portrayal of cyber risk. Be it during transactional due diligence, ongoing portfolio management, or third-party assessments, KYND enables wealth managers and financial advisers to incorporate proactive cyber risk oversight as a core part of their ESG initiatives.
Andy Thomas, CEO and Founder of KYND, expressed: “We’re so delighted to be awarded with this honour by FinTech Global once more! Cyber risk is rapidly becoming one of the most financially material threats to modern businesses, but its importance in the ESG landscape is still not fully appreciated. At KYND, we’re passionate about helping companies bridge that gap, equipping them with the insights and tools they need to navigate today’s volatile cyber threat environment. Cyber risk management is not just a technical issue; it’s a core element of business resilience and ESG compliance. We will continue to innovate and deliver best-in-class solutions that support our partners in financial services to stay ahead of the curve and safeguard the value and stability of their organisations, as well as the wider cyber ecosystem.”
Richard Sachar, Director of FinTech Global, commented: “ESG-focused frameworks like CSRD are becoming more common around the world. Financial institutions face mounting requirements for ESG reports and alignment to sustainability targets. The ESGFinTech100 serves as a crucial resource for senior management, helping them identify the leading ESG tech companies. The detailed company profiles offer insights into their solutions, the challenges they address, their operational regions, and more. This guide is essential for any organisation committed to achieving net-zero targets.”
Since joining the ESGFinTech100 last year, KYND has continued to innovate, advancing its solutions to reshape how cyber risk is managed within the financial services sector. For more details about KYND and its cyber risk management offerings, visit here.