News

© StartUpSecure ATHENE

Making cyber-risks measurable

Since July, the LocateRisk project led by Lukas Baumann and his team has received a sum of 0.73 million euros through the BMBF subsidy program StartUpSecure. The existing startup wants to expand its project for its analytic system that evaluates attacking risks for businesses, and aims to provide small and medium-sized businesses with affordable alternatives to complicated, high-cost manual security audits. This innovative business venture does not only portray security risks within their own business, but it also initially monitors any available data of third parties, for example external service providers or business partners.