Cyber bags $3.8m to boost cybersecurity with behavioral nudges. | CybSec Wizard

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TLDR:

Think Cyber secures $3.8 million in late seed funding round led by Fuel Ventures.
Company specializes in using behavioural nudges to mitigate risky behavior among staff members and enhance cybersecurity.

Think Cyber, a cybersecurity company, has raised $3.8 million in a late seed funding round led by Fuel Ventures. The company offers a subscription-based service called Redflags, which uses nudges to encourage positive security practices among users. These nudges are delivered in real-time to help prevent security mistakes. The funding will be used to further develop Think Cyber’s nudging technology and strengthen overall security posture.

The company was founded in 2016 by Mike Butler and Tim Ward, and has raised a total of $4.5 million to support its mission of improving organizational security through behavioural change. The company’s approach has been praised by seasoned Chief Information Security Officer Robert Coles for its effectiveness in enhancing security awareness and behavior.

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