Squalify Enters U.S. Market with First Major Customer and Enhanced Cyber Risk Platform to Quantify Risk in Dollars
Squalify Enters U.S. Market with First Major Customer and Enhanced Cyber Risk Platform to Quantify Risk in Dollars
Squalify, a leading top-down cyber risk quantification platform, has announced its expansion into the U.S. market, marking a major milestone with the onboarding of its first American client, Henry Meds, a fast-growing digital healthcare company based in the Bay Area.

Backed by global cyber reinsurer Munich Re and an official licensee of its cyber risk quantification model, Squalify aims to help U.S. organizations translate complex technical threats into clear, board-ready financial metrics that support smarter decision-making, better regulatory alignment, and more effective executive reporting.

The Munich-based startup has already gained momentum across Europe and is now bringing its platform’s capabilities to a wider range of U.S. industries including healthcare, finance, manufacturing, insurance, retail, automotive, and tech. Squalify’s platform enables organizations to quantify cyber risk in financial terms, allowing security leaders to align cybersecurity investments with strategic business priorities. For Henry Meds, the platform provides a new level of transparency and insight. “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 cyber loss data and risk modeling, Squalify’s platform integrates seamlessly with governance, risk, and compliance (GRC) systems, enterprise risk management (ERM) tools, and other enterprise risk solutions. Its latest enhancements introduce new features designed to empower U.S. organizations with more control and clarity. These include Subsidiary Steering, which allows cyber risk leaders to manage and compare risk consistently across multiple business units, and Decision Impact Simulations, which provide insight into how strategic or security decisions affect overall risk exposure. Additionally, a newly launched Board of Management Report distills complex cyber data into an executive-friendly dashboard, enabling more effective communication with senior stakeholders.

These upgrades are designed to help CISOs and cyber risk teams demonstrate return on investment (ROI), defend budget requests, and manage cyber exposure more proactively. By quantifying cyber risk in dollars, identifying high-ROI controls, and tracking shifts in risk posture through delta analysis, Squalify transforms cybersecurity from a reactive cost center into a strategic business driver. “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 a growing presence in the U.S. and enhanced capabilities built to meet the needs of modern enterprises, Squalify is redefining how organizations assess, report, and manage cyber risk. Backed by Munich Re’s expertise and validated modeling framework, Squalify provides transparent, defensible insights that bring measurable ROI and strategic alignment to cybersecurity investments.

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