Armatum is the name of the first cyber risk quantification platform in Spain launched by the Spanish technology group ABAI.

This service uses artificial intelligence, completely developed in our country, to determine the optimal investment that a company or institution should make in its technological development, indicating the economic losses that it may suffer if it does not do so in the event of a cyber risk.

Cyber ​​threats are a reality that is hitting companies harder than ever. According to the latest cyber threats and trends report from the National Cryptology Center (CNN), 2021 was a record year in terms of the number of cyber vulnerabilities in organizations, with 28,695 vulnerabilities published, representing an increase of 23.31%. compared to 23,269 in 2020.

94% of Spanish companies admitted that they experienced a cybersecurity incident in 2021. In 2022, Spain ranked third in the world in terms of the number of cyberattacks, according to a study by Deloitte.

The services offered by Armatum are based on the Open FAIR™ standard, the CIS® control catalog and statistical Monte Carlo modeling applied to data collected in forms provided by various roles representing the organization and received external data. through integration with various open source cybersecurity and cyberintelligence tests.

Methodology and security

The platform includes industry approaches and best practices, as well as the use of advanced tools and technologies to collect, analyze and present risk information. Based on Monte Carlo statistical modeling for variables modeled using the beta_PERT distribution.

Armatum is hosted in highly secure data centers that are secured to the highest strict standards. In addition, it has a secure network infrastructure including firewalls, DDoS (denial of service) protection, and configurable network configuration options, which has made it possible to implement a secure network for Armatum and for customer data.

Armatum for any industry

From numerous sectors of activity, and especially from the world of insurance, the difficulties associated with cyber insurance at the present time stand out due to the increase in the number of cybercrime, which, according to the Ministry of the Interior, has become a major source of crime.

In addition to the increase in this type of requirement, the sector faces difficulties in strictly defining coverage and insurance policies due to the lack of reliable and valid risk measurement tools for this purpose.

Armatum includes approaches based on each industry and best practices, as well as the use of advanced tools and technologies to collect, analyze and present risk information, offering the best customization options to adapt to the specific needs of each organization.