By @SimonCocking

Describe the company – the elevator pitch …

Cyber Risk Aware helps companies create a human firewall and last line of defence against cyber criminals by providing User Security Awareness Training and Assessment content which actively reduces the risk of human error.

How are you different?

We are unlike all other cyber security companies who focus on technical prevention solutions, whereas we focus on the root cause in over 90% of cyber security incidents, human error owing to a lack of user awareness.

Where we differ in comparison to other security awareness companies is we provide a unique “burst phishing mode” where you can send a single phishing campaign to all staff that uses multiple phishing templates to avoid users tipping each other off, brief and enjoyable training content that never lasts more than 8 mins (small and often delivery is key) and our very special feature, Real Time Messaging, where companies can deliver the right security message to the right user at the right time, in response to detected risky behaviour. Gartner said the company who can do this will transform the security awareness sector.

Why will the company / product do well?

As a former CISO I realised that we could not continue throwing more tech at the problem, as almost all incidents were being caused by staff. In addition, having been a CISO I understand first-hand the problems security teams are facing internally with pressure on budgets and need to garner support for initiatives and in making sure they are practical and reasonable for the business. Fortunately, a lot of companies in all global markets are now focusing on this too and so are legislators. For example in South Africa, the PoPI Act requires companies to prove they have an effective user security education and awareness program otherwise they face being fined. The US is also looking at legislation in this area. Cyber Insurance companies actively want to know about the user awareness program in a company during their risk assessment process. The sector is growing at 25% per year with phishing alone worth $560M and SAT $1.3B. We are very fortunate to have very good international partners who are working with us to bring the product to their clients. They say timing is everything and I believe we are in the right space at the right time with a highly credible and talented team and a product that has already been proven to reduce cyber risk very quickly and cost effectively.

Where are you based?

Dublin, Wicklow and Donegal with partners in the US(4), UK(2), SA(3) and Ireland (2)

When was the company launched?

January 2016

What have been your biggest wins to date?

Large UK/Irish Retailer, Angola State Energy company and a recently agreed partnership with a large UK SME Insurance provider to work with their clients, and we were delighted to obtain CSF (competitive start funding) in 2016 as part of the Fintech round

What type of people (market segment) are you trying to attract to your product?

We are focusing on the UK/IRE/South African SME markets and in particular the retail, healthcare, financial service and legal sectors, as they are short on cyber resources and awareness yet are in the eye of the cyber storm as SME companies are actively being targeted by cyber criminals. Being a SaaS business we are finding we don’t have control over who visits the website and as all sectors are impacted by cyber-crime, they can literally be in any country and operate in any sector.

Tell us about your team?

The Team

STEPHEN BURKE | FOUNDER & CEO

Stephen Burke has over 20 years experience as an IT and Cyber Security expert working in the Banking, Insurance, Re-Insurance, and Lottery industries in the UK, Ireland and Sweden. Stephen’s most recent 10 years have been spent serving as Chief Information Security Officer for a global reinsurance company and running a successful cyber security consultancy in Ireland.

KEV ELEY Go To Market Strategist

Kev Eley, builds great sales teams that put the customer first, deliver wow projects and lasting partnerships for companies like Trapx, LogRhythm, IBM and Microsoft. Kev is a hands-on, customer-centric sales leader with deep cybersecurity industry sales expertise.

BARRY O’SULLIVAN | CTO DIRECTOR OF HOSTED APPLICATION ARCHITECTURE

Barry O’Sullivan leads our cloud application architecture development team. With over 20 years’ experience, Barry has served as a technical lead in several of the worlds largest software providers such as Lotus Notes and Visual Studio. More recently Barry has been working on one of the world’s largest web eco-systems with responsibilities for instance the development of a global commerce platform using Microsoft AZURE.

JAMES O’MEARA | VP, DIRECTOR OF PRODUCT DELIVERY,

James O’Meara  leads our application testing and product delivery team based in Donegal. A highly experienced developer, quality assurance and information security manager and lecturer with over 20 years experience where he has worked in Investment Banking, Education, Cyber Security and IT Consultancy services.

SUSAN JOHNSON Susan Johnson has over 15 years’ experience in online learning across all major sectors including corporate elearning, educational publishing, higher education, and the home user market. She has worked on numerous innovative projects, including creative learning design in the BBC and a bank of award-winning digital resources for Folens Publishers.  Susan has an MA in Digital Technologies, Communication and Education and loves designing learning, she provides our instructional design and UX and UI work as a partner from Mooka Media.

LEE GARDINER Lee Gardiner knows learning inside and out after nearly ten years working out the best ways to engage students with computer based learning at Queens University Belfast. He is all about appealing learning experiences, and enjoys designing and building online content with an aim to create lifelong learners, out of everyone from kids to corporate clients. Lee has an MSc in Computer Based Learning and loves useable UI’s and neat design patterns, he provides our instructional design and UX and UI work, as a partners from Mooka Media.

Frank Swain: Multiple SaaS Start-Up, Chief Revenue Officer, ToutApp – Leader in High Velocity Sales

Learnovate: Tom Pollack, Mirjam Nielen, – Research and Development – EdTech

Paul Haycock: CFO, PHAccountants

Ian Moore: Non-exec Sales Director, (former country manager VMWare, Microsoft, IBM , Triangle Sales)

What are you long term plans for your product / company?

Our aim is for every board of directors to say we need to be “Cyber Risk Aware”. We are looking to enhance our real-time security messaging (instant “learning” moments) to staff and home users by delivering the right message based on their persona/profile/department/normal behaviour analysis. We are looking at how to use AI and predictive technology to get the messages to staff before they take a risky action. We are thrilled to be working with Learnovate and in particular Tom Pollack and Mirjam Neelen on the type of content to deliver using the latest EdTech.

What are your favourite tech gadgets?

My Garmin running watch, surface pro and above all else my iPhone.

What tech gadgets do you wish you could use to help you?

Formula 1 simulator. Only kidding. Inbound marketing and SEO gadgets would be extremely useful

How do people get in touch with you?

Stephen BurkeFounder and CEO Cyber Risk Aware

Element78
Ground Floor
1 George’s Quay Plaza
Dublin 2p:+353 1 961 0016  m: +353 87 958 3766w:www.cyberriskaware.com  e: [email protected]


If you would like to have your company featured in the Irish Tech News Business Showcase, get in contact with us at [email protected] or on Twitter: @SimonCocking