Squalify CEO Asdrúbal Pichardo on Transforming Cybersecurity into a Measurable Business Risk

Squalify, under the leadership of CEO Asdrúbal Pichardo, is pioneering a cyber risk quantification (CRQ) platform that shifts the narrative around cybersecurity from a technical challenge to a measurable business risk. This Munich-based startup leverages a proprietary model licensed from Munich Re, incorporating over a decade of global cyber loss data to provide credible, defensible financial risk insights. The platform's unique top-down approach identifies financially damaging business scenarios, allowing C-level executives to prioritize risks, allocate resources effectively, and measure ROI with confidence.

The expansion into the U.S. market was driven by the increasing pressure on organizations to treat cybersecurity as a business risk, a demand Squalify is uniquely positioned to meet. The company's collaboration with Henry Meds, a digital health company, highlights the platform's ability to quantify cyber risks in financial terms, offering clarity and confidence in decision-making processes. Enhancements to the platform, including Subsidiary Steering, Decision Simulations, and a Board of Management Report, equip organizations with the tools to manage cyber risk across complex structures and make financially grounded decisions.

Squalify's focus on industries like digital health, financial services, manufacturing, and insurance reflects the convergence of cyber risk, regulatory expectations, and financial accountability. By bridging the communication gap between technical teams and business leadership, Squalify enables these sectors to justify cybersecurity investments in terms of ROI and value alignment. The broader vision of Squalify is to integrate cyber risk management into the core of business strategy, fostering a more resilient global economy through fact-based decision-making and proactive risk planning.