Cyber risk modeling for the insurance industry
Cyence was a data science company specializing in cyber risk modeling and analytics for the insurance industry. The company built a cloud-based platform that enabled property and casualty insurers to quantify, underwrite, manage, and transfer cyber risk by analyzing internet-scale data. Cyence's risk modeling tools helped insurers understand the financial impact of cyber events across their portfolios. Founded in San Mateo, California, the company was acquired by Guidewire Software in October 2017 for $275 million.
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