Stoïk Expands Cybersecurity Solutions Amid Rising Threats to European SMEs

Stoïk, founded in 2021, aims to enhance cybersecurity resilience for SMEs across Europe. The company combines cyber insurance, cybersecurity tools, and an internal incident response team, supported by AI. Recently, Stoïk secured €20M in Series C funding to support its growth and plans to increase its workforce to over 210 employees by the end of 2026. The firm currently protects 12,000 businesses and collaborates with over 2,000 insurance brokers. Stoïk's mission is to act as the Chief Information Security Officer (CISO) for Europe, addressing systemic cyber risks that threaten economic stability. The company emphasizes the importance of continuous monitoring and rapid incident response to mitigate the impact of cyber threats.

Key Points: • Stoïk protects 12,000 SMEs in Europe from cyber risks with a comprehensive model. • The company raised €20M in Series C funding to expand its cybersecurity services. • Stoïk aims to become the CISO of Europe, focusing on resilience against evolving cyber threats.