Squalify Enters U.S. Market with First Major Customer and Unveils Enhancements to Its Cyber Risk Platform to Quantify Cyber Risk in Dollars

Backed by Munich Re, Squalify translates complex cyber threats into board-ready financial metrics, bridging the gap between IT and the C-suite

MUNICH, July 17, 2025 /PRNewswire/ -- Squalify, a leading top-down cyber risk quantification (CRQ) platform, today announced its expansion into the U.S. market with its first major customer and new enhancements to its Cyber Risk Platform. Backed by Munich Re—the world's leading cyber reinsurer—and an official licensee of its cyber risk quantification model, the Munich-based startup is building on its rapid growth across Europe to help U.S. organizations translate technical risks into clear, defensible board-ready financial metrics.

With its first major U.S. customer, Henry Meds, a fast-growing digital healthcare company in the Bay Area, Squalify will deliver transparent, board-focused risk insights that support smarter security investments, stronger regulatory alignment, and more effective boardroom reporting. As demand grows for top-down CRQ tools across healthcare, finance, manufacturing, insurance, retail, automotive, tech, and other industries, Squalify's U.S. expansion ensures organizations can better quantify cyber risk in dollars and connect security spending directly to business priorities.

"With the Squalify platform, we now have a clear view of which business scenarios could hit us hardest and how our cyber risk posture has shifted over the past 18 months," said Brian Cook, Senior IT & Security Manager at Henry Meds. "It's the first time I've been able to show my Executive Board, with confidence, that we're focused on the right threats and making measurable progress."

Built on more than a decade of real-world cyber loss data and risk modeling, the Squalify platform integrates seamlessly with governance, risk, and compliance (GRC) systems, enterprise risk management (ERM) tools, and other enterprise risk solutions. The latest enhancements add multi-entity risk steering, decision impact simulations, and tailored board-level reporting, making it easier for U.S. security leaders to demonstrate return on investment (ROI) and defend spending decisions.

Key new features include Subsidiary Steering, which enables cyber risk leaders and Chief Information Security Officers (CISOs) to manage and compare risk consistently across multiple entities using Squalify's proven quantification method. Simulations provide clear, actionable insights into how business or security decisions impact overall exposure—whether evaluating the ROI of a defense strategy or modeling the risk of a major transaction. The new Board of Management Report distills complex technical data into a concise, executive-friendly dashboard to guide decisions on security spending, cyber insurance, and enterprise risk posture.

By bridging the gap between technical teams and financial decision-makers, Squalify transforms cybersecurity from a reactive cost center into a strategic business driver, enabling organizations to quantify cyber risk in dollars, identify high-ROI controls, track changes in risk posture with delta analysis, and simulate the impact of key decisions.

"Every security decision should be treated as a business decision, grounded in facts, not fear," said Asdrúbal Pichardo, CEO of Squalify. "Our U.S. expansion and these latest platform upgrades mark an important step toward helping more organizations bridge the language gap between technical risk and financial reality—so they can protect what matters most, with confidence and clarity."

With its growing U.S. presence and new platform capabilities, Squalify is redefining how organizations understand and manage cyber risk. By delivering transparent, defensible insights, Squalify brings clarity, alignment, and measurable ROI to every cybersecurity investment.

To learn more about Squalify, visit: www.squalify.io.

About Squalify
Squalify is the top-down cyber risk quantification (CRQ) platform that turns complex cyber threats into clear, board-ready financial insights. Backed by Munich Re, the world's leading cyber reinsurer, the Squalify platform provides CISOs, CROs, CFOs, and risk leaders with consistent, defensible measurements of enterprise-wide cyber risk—empowering informed decision-making, smarter investments, and effective governance. Powered by proprietary data and real-world loss modeling, the platform helps organizations identify high-ROI security controls, monitor shifts in risk posture, simulate business impacts, and align cybersecurity with business priorities. Trusted by leading companies in healthcare, finance, manufacturing, insurance, retail, automotive, and technology. Learn more at www.squalify.io; follow on LinkedIn.

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SOURCE Squalify