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CyberCube has unveiled Version 6 of its Portfolio Manager, an advancement in cyber risk modeling and cyber insurance analytics. The updated platform enables (re)insurers to assess and manage global cyber threats with greater precision. PMv6 introduces advanced capabilities for modeling geographic variation in ransomware attacks and cloud service disruptions. It also integrates mitigation strategies and new underwriting modifiers based on global cybersecurity standards. These features reflect the expanding scope of the cyber insurance market and address diversification challenges linked to regional exposure and systemic risk concentration.
Jon Laux, CyberCube’s VP of Analytics, said, “We expect that over time, the new functionality introduced in this model will inform how (re)insurers understand the primary characteristics of cyber risk during underwriting and exposure management.”
New Capabilities Address Global Threat Variability
Portfolio Manager v6 (PMv6) enhances catastrophe modeling to account for global cyber events. It factors in location-specific risks such as cloud outages and malware spread patterns. The upgrade supports a shift from U.S.-focused modeling to international portfolio assessment.
Model Now Factors in Risk Mitigation
CyberCube now includes mitigation modeling, a previously underused feature in cyber catastrophe analysis. Users can input custom risk modifiers aligned with NIST and CIS frameworks, allowing finer-grained underwriting decisions.
Enterprise Intelligence Layer Expanded for Global Scope
The updated Enterprise Intelligence Layer (EIL) strengthens PMv6’s international data foundation. New data coverage spans Germany, France, Australia, Japan, Spain, and Canada. This helps insurers model cyber risk variation across countries and regions more accurately.
Cyber Insurance Carriers Gain Diversification Insights
PMv6 helps (re)insurers address market concentration risks, especially tied to U.S. tech infrastructure and data centers. Enhanced exposure databases and geographic modeling tools provide valuable insights for global expansion, enhancing catastrophe awareness.
Ashwin Kashyap, CyberCube’s Co-founder and Chief Product Officer, said, “PMv6 represents a major step forward for cyber catastrophe modeling. As the market leader in cyber insurance analytics, CyberCube is proud to be the industry’s partner as insurers look to expand thoughtfully into new geographies.”
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