Company Overview
About CyberCube
CyberCube is a San Francisco-based cyber risk analytics platform for the insurance and reinsurance industry — backed with $100 million+ in total funding including a $50 million Series C in 2022 led by ForgePoint Capital with Morgan Stanley Tactical Value — providing insurers, reinsurers, and brokers with AI-powered cyber risk quantification models for underwriting, portfolio management, and accumulation monitoring. Serving 100+ clients globally including leading insurance groups and Lloyd's syndicates, CyberCube was developed as a division of Symantec from 2015, spun out as an independent company in 2018, and combines Symantec's threat intelligence data heritage with actuarial risk modeling to produce cyber catastrophe models used in reinsurance treaty pricing and cyber insurance line underwriting. Founded in 2015 (independent since 2018).
Business Model & Competitive Advantage
CyberCube's cyber risk analytics platform addresses the underwriting and portfolio management blind spots that expose cyber insurers to correlated loss events: cyber insurance underwriters face a fundamental challenge that property catastrophe modelers solved decades ago — quantifying how a single cyber event (a major ransomware campaign, a cloud provider outage, or a supply chain attack) could simultaneously affect thousands of policyholders, creating correlated losses that exceed single-event assumptions. CyberCube's probabilistic cyber catastrophe models (built on threat intelligence data from Symantec's network of 175 million endpoint sensors, enriched with financial loss data from claims, and calibrated against industry loss events) enable insurers and reinsurers to stress-test portfolios against systemic cyber scenarios, set accumulation limits by threat vector, and price reinsurance treaties with cyber catastrophe loads that reflect actual tail risk.
Competitive Landscape 2025–2026
In 2025, CyberCube competes in the cyber risk analytics, cyber insurance modeling, and insurtech data market with RMS Cyber (Moody's Analytics, catastrophe modeling), AIR Worldwide (Verisk subsidiary, catastrophe models), and Guidewire Cyence (insurtech, acquired by Guidewire) for global insurance carrier and reinsurance firm cyber underwriting analytics and accumulation management platform adoption. The Lloyd's market relationship (Lloyd's mandating cyber accumulation monitoring) provides CyberCube with structural demand from the London market. The 2025 strategy focuses on expanding the single-risk underwriting product (helping primary insurers price individual accounts), building the regulatory solvency capital model (Solvency II cyber catastrophe scenario requirements for European insurers), and growing the broker analytics platform for cyber specialty broker market analysis.
The CyberCube Story
Founders
Recent Activity
View all →All models are built on data. Get the inputs wrong, and the output will be wrong — it’s the classic “garbage in, garbage out” problem. In cyber risk, that relationship is usually treated as a data quality problem: better data leads to better models. Thus, improve the data in terms of coverage and quality, and voila ... our predictions improve.
Material Event filed 2026-05-19
Material Event filed 2026-05-14
Recent Linux kernel vulnerabilities, including Copy Fail (CVE-2026-31431) and the Dirty Frag issues (CVE-2026-43284 and CVE-2026-43500), are drawing attention because they allow someone with limited access to a Linux server to turn that access into full control of the system. Once that happens, they can do anything on that machine.
Material Event filed 2026-05-04
Quarterly Report filed 2026-05-01
Material Event filed 2026-05-01
JUMP T O WEEK 3 Welcome to CyberCube’s DyGIST 2026 hub. This page brings together our weekly updates, expert commentary, and practical insights on the PRA’s Dynamic General Insurance Stress Test. Throughout the exercise, we will use this space to share what is unfolding and what it means for the market. We will consider how firms can respond with confidence under pressure. In a live scenario shaped by changing assumptions, compressed timelines, and incomplete information, the real challenge is making decisions you can defend.
Volatility is what makes insurance both necessary and difficult. It feels great when we get things right – but generally, our industry is more concerned with not getting things horribly wrong . The basic principles of risk pooling and diversification exist to minimize the risk of that happening.
Proxy Statement filed 2026-04-03
According to the Chinese calendar, 2026 is the Year of the Fire Horse. I can definitely say that for me, this year has started off at a gallop! It’s been a busy March in terms of travel: PLUS sessions in New York, meetings in Bermuda, and a team offsite last week in which our product team collectively imagined the future of cyber insurance and our role in it. Now back at my desk (safely, gratefully, and with no major flight delays), I’m taking stock of everything I heard, everything we discussed, and how to make sense of where we are as an industry.
Cyber will become a peak peril in the next ten years , with potential losses exceeding those of the largest natural catastrophe to date, Hurricane Katrina, at $102 billion.
Company Timeline
Major milestones in CyberCube's journey
Leadership Team
Meet the leaders behind CyberCube
Pascal Millaire
Pascal Millaire serves as CEO and led CyberCube's evolution from a Symantec division to an independent company. He brings deep expertise in both cybersecurity and the insurance industry, guiding the company's vision to transform cyber risk analytics.
Ashwin Kashyap
Ashwin Kashyap founded CyberCube and leads the data, analytics, and product vision. He defines the strategic direction for CyberCube's innovative cyber risk modeling solutions and serves as the voice of the customer within the organization.
Michael Varshavski
Michael Varshavski oversees operational excellence at CyberCube, ensuring the company's platforms and services deliver maximum value to insurance industry clients worldwide.
Don Dixon
Don Dixon serves as an independent board member, providing strategic guidance to CyberCube's leadership team.
Mike S. Rogers
Former Director of the NSA and Commander of US Cyber Command, Mike Rogers brings unparalleled cybersecurity expertise to CyberCube's board, enhancing the company's strategic position in the insurance industry.
Key Differentiators
Emerging Innovator
CyberCube is an emerging player bringing innovative solutions to the Security market.
Frequently Asked Questions
Estimated Visibility Trend (Beta)
Simulated 8-week rolling score
Based on estimated brand signals. Historical tracking coming soon.
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