Singapore-based startup Right-Hand Cybersecurity has received US$5 million Series A funding from former PayPal executive Jack Selby and his venture capital firm AZ-VC.
The startup will use the money to expand its operations across Asia and the US while investing heavily in its human risk management (HRM) platform.
Right-Hand aims to expand its platform integrations with commonly adopted technologies to improve employee behaviours and lower risk tendencies.
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Right-Hand aims to improve employee behaviours in real-time that are otherwise prone to cascade, potentially devastating cybersecurity breaches. Its HRM platform consolidates employee security behaviours and alerts in real-time from the platform and other security technologies like endpoint detection & response (EDR), email security, and identity and access management (IAM) technologies.
It assigns a risk score to different behaviours that stakeholders can interpret easily, providing visibility into employee risk in plain business terms.
The platform then analyses the collated employee data to generate real-time interactive and adaptive training that enables individuals to master cybersecurity behaviours that keep their organisations and themselves safer online.
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“What differentiates Right-Hand is that we go beyond just ‘checking the box’ for improving user behaviours to reduce cybersecurity risks,” said Founder and CEO Theo Nasser. “We tailor learning materials to individual behaviours and monitor employee risk profiles, reducing security alerts for the security operation centre – a radical departure from the ‘one size fits all’ security model that is commonly used.”
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