Searchlight Cyber Acquires Intangic to Enhance Cyber Risk Quantification

Searchlight Cyber has announced the acquisition of Intangic, a European startup focused on cyber risk management, with the goal of improving predictive modeling capabilities for cyber insurance underwriting.

Headquartered in Portsmouth, U.K., Searchlight sees synergy with Intangic, based in Luxembourg. Intangic’s expertise lies in quantifying cyber risks related to third-party services and insurance, which complements Searchlight’s existing focus on dark web intelligence and attack surface management.

CEO Ben Jones highlighted the growth trajectory of Searchlight, explaining to Information Security Media Group that the integration of Intangic’s capabilities will enhance their offerings to customers across various sectors, not just insurance. The merger comes in response to an increasing demand for precise insights into threats and vulnerabilities.

Enhancing Cyber Risk Visibility

According to Intangic’s founder, Dodd, the partnership was a logical progression due to rising customer requests for in-depth threat visibility and supply chain vulnerability assessments. Intangic’s financial modeling can help businesses predict breach risks and quantify potential losses, enabling informed decision-making regarding insurance.

This combination aims to produce actionable reports and dashboards for CFOs and risk officers that translate technical data into comprehensible formats. Jones noted plans to roll out additional features in early 2026 to align with Searchlight’s DarkIQ and Assetnote platforms, thereby creating a more integrated risk management ecosystem.

Addressing Third-Party Risks with Precision

Dodd emphasized that Intangic excels in evaluating supplier risks by employing sophisticated data science models. The integration with Searchlight is anticipated to enhance the credibility of risk assessments through verified data from dark web activities and attack surface intelligence.

By providing detailed reports reinforced by data, Intangic aims to facilitate constructive discussions between financial and risk management teams, transforming the nature of these conversations. This shift is intended to highlight potential financial risks connected to operational disruptions, emphasizing the importance of a well-rounded cyber risk strategy.

Searchlight plans to further develop Intangic’s models to enable extensive monitoring of third-party vendors. The organization recognizes that effective engineering will be necessary to accurately assess tens of thousands of suppliers, ensuring high-quality data outputs while minimizing irrelevant signals.

Intangic has historically catered to commercial insurers and larger self-insured entities but is increasingly attracting interest from large enterprises with intricate supply chains. As companies face growing inquiries from stakeholders about insurance coverage levels and risk exposures, Intangic positions itself as a crucial partner in bridging technical risks and financial liabilities.