Safe Security secures $33m led by telecom firm BT Group

Photo by Josh Appel on Unsplash

Safe Security, a Palo Alto-based cyber risk management firm founded in 2012 by three Indians, raised $33 million funding round led by BT Group Plc, one of the UK’s largest telecommunications and network providers.

Safe Security, with its Security Assessment Framework for Enterprises (SAFE) platform, allows organizations to check their defences and understand the likelihood of suffering a major cyberattack. It calculates a financial cost to customers’ risks and provides actionable insight on the steps that can be taken to address them.

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