CRQ

ThreatConnect Celebrates Business Growth and Product Innovation in 2023

Retrieved on: 
Monday, February 12, 2024

ARLINGTON, Va., Feb. 12, 2024 /PRNewswire-PRWeb/ -- New and Expanded Customer Relationships, Market Leading Product Releases, and Industry Recognition Drive Momentum for 2024.

Key Points: 
  • We delivered on ambitious product innovation plans, brought on new enterprise customers, and expanded relationships with others.
  • "We delivered on ambitious product innovation plans, brought on numerous new enterprise customers, and expanded relationships with many others.
  • ThreatConnect showed substantial new customer growth in both its threat intelligence operations and cyber risk quantification businesses A particular highlight was the growth in the cyber risk quantification (CRQ) market, where the business doubled.
  • Coming off the momentum of 2023, ThreatConnect is once again poised for growth in 2024 by continuing to provide enterprise customers with leading threat intelligence and risk quantification solutions.

Kovrr Releases First-Of-Its-Kind, Cyber Materiality Report Solution to Drive Compliance & Enforce Bottom Line Impact of Cyber Attacks to Propel Preventative Strategies

Retrieved on: 
Monday, November 13, 2023

TEL AVIV, Israel, Nov. 13, 2023 /PRNewswire-PRWeb/ -- Kovrr, the leading global provider of on-demand cyber risk quantification (CRQ), releases a groundbreaking solution, the "Cyber Materiality Report," empowering organizations to comprehensively assess their risk exposure levels, determine materiality thresholds, and discover if they currently face material-level risks.

Key Points: 
  • After quantifying an organization's cyber risk, the Materiality Report identifies that point on a loss curve and highlights the likelihood of experiencing an event of that magnitude.
  • The Cyber Materiality Report fosters this relationship, creating a shared understanding of the companies' material cyber risks.
  • Kovrr's one-of-a-kind Cyber Materiality Report helps companies quantify their cyber risk and foster the necessary collaboration between security teams and the boardroom to determine appropriate material loss thresholds.
  • To learn more about the Cyber Materiality Report and incorporate it into your cyber governance program, please visit https://www.kovrr.com/sec-reporting-materiality .

FAIR Institute Award Winners Announced at 2023 FAIRCON Honoring Excellence in Cyber Risk Management

Retrieved on: 
Wednesday, October 18, 2023

RESTON, Va., Oct. 18, 2023 /PRNewswire/ -- The 2023 FAIR Conference on Cyber Risk Quantification (CRQ), hosted by the FAIR Institute , a research-driven not-for-profit organization advancing risk management based on Factor Analysis of Information Risk (FAIR™ ), the global standard for quantified risk analysis, today announced the finalists and winners of the FAIR Institute Awards program.

Key Points: 
  • RESTON, Va., Oct. 18, 2023 /PRNewswire/ -- The 2023 FAIR Conference on Cyber Risk Quantification (CRQ), hosted by the FAIR Institute , a research-driven not-for-profit organization advancing risk management based on Factor Analysis of Information Risk (FAIR™ ), the global standard for quantified risk analysis, today announced the finalists and winners of the FAIR Institute Awards program.
  • For 2023, three awards have been bestowed on industry leaders by the FAIR Institute: the Business Innovator Award, the FAIR Ambassador Award, and the FAIR Champion Award.
  • FAIR Champion finalists are Rob Immella, Global Leader of Cyber Risk Quantification, Caterpillar, and Rebekka Kurland, Cyber Security Risk Manager, Maersk.
  • FAIR Ambassador: Mohamed Abdul Rahim & Adham Etoom, Co-Chairs, Jordan Chapter
    The FAIR Ambassador Award recognizes a member's work bringing FAIR knowledge and the FAIR Institute to a new geography or industry.

Industry Benchmark Report, Issued by the FAIR Institute, Unveils the Dollar Impact of Cyber Incidents

Retrieved on: 
Monday, October 16, 2023

WASHINGTON, Oct. 16, 2023 /PRNewswire/ -- Ahead of FAIRCON this week, The FAIR Institute, the leader in education for cyber risk quantification (CRQ) based on FAIR™ (Factor Analysis of Information Risk), today released its 2024 Cybersecurity Risk Report. This document provides CISOs, CFOs and other business decision-makers the clearest visibility into the financial impact of cyber risks, based on quantitative analysis of actual cyber incidents through 2023.

Key Points: 
  • The 2024 Cybersecurity Risk Report Provides CISOs Insights into the Likelihood and Financial Impact of Top Cyber Risks.
  • This document provides CISOs, CFOs and other business decision-makers the clearest visibility into the financial impact of cyber risks, based on quantitative analysis of actual cyber incidents through 2023.
  • This Report is sponsored by EY and Safe Security which provided research on cybersecurity program development and data-science support.
  • The FAIR Institute released the report at the FAIR Conference, FAIRCON, held in Washington, DC, the premier annual event in risk management.

New Fortune 1000 Report from Kovrr Finds Key Cyber Risk Benchmarks Support Companies in Determining Material Risk, Propels Boardrooms Into Action

Retrieved on: 
Thursday, October 5, 2023

TEL AVIV, Israel, Oct. 5, 2023 /PRNewswire-PRWeb/ -- Kovrr, the leading global provider of cyber risk quantification (CRQ) solutions, announces the release of its new Fortune 1000 Cyber Risk Report, shedding light on the complex and ever-evolving cyber risk landscape across various industry sectors and the respective financial repercussions companies may consequently face.

Key Points: 
  • Fortune 1000 Cyber Risk Report data reveals the likelihood and cost of cyber events throughout industries, preparing corporations for materiality determination.
  • While the Fortune 1000 Cyber Risk Report offers invaluable industry comparisons, it should be seen as a foundational resource.
  • Kovrr's Fortune 1000 Cyber Risk Report stands as a cornerstone for businesses seeking to navigate the complex cyber landscape.
  • For full access to Fortune 1000 Cyber Risk Report: Determining SEC Materiality With Marketplace Benchmarks, please visit https://www.kovrr.com/reports/fortune-1000-cyber-risk-report .

Kovrr Appoints Jack Freund, Ph.D., Distinguished Cybersecurity Risk Quantification Expert as Chief Risk Officer

Retrieved on: 
Thursday, September 14, 2023

TEL AVIV, Israel, Sept. 14, 2023 /PRNewswire-PRWeb/ -- Kovrr, the leading provider of cyber risk quantification (CRQ) solutions, is pleased to announce that it has appointed Freund, a leader in cyber risk measurement and management, as its Chief Risk Officer. His expertise and industry knowledge further strengthen Kovrr's leadership edge in providing solutions that help cybersecurity, risk, and compliance professionals worldwide fortify digital resilience and solidify management programs for new regulations, such as the US SEC's latest disclosure laws.

Key Points: 
  • Co-author of the foundational cyber risk quantification (CRQ) book Measuring and Managing Information Risk: A FAIR Approach, Freund's extensive enterprise experience in cyber risk analysis is an invaluable asset to the company, offering unique and fresh insights for clients leveraging Kovrr's financial risk quantification platform to determine material cyber risks.
  • As Chief Risk Officer at Kovrr, Freund will play a pivotal role in multifaceted business initiatives that significantly enhance the company's broader market product capabilities.
  • His comprehensive background and hands-on experience in cyber risk modeling will propel Kovrr towards pioneering a new industry standard in the financial cyber risk quantification field.
  • "The SEC's July rulings created a fast-approaching deadline for corporations to quantify their cybersecurity vulnerabilities and provide detailed mitigation action plans.

CYE Announces the Acquisition of "Baseline" - The Vulnerability Analysis and Prioritization Platform by Cyberillium

Retrieved on: 
Tuesday, August 29, 2023

TEL AVIV, Israel, Aug. 29, 2023 /PRNewswire/ -- CYE, the industry leader in cybersecurity optimization, today announced the company has acquired Baseline, a vulnerability analysis platform by Cyberillium. CYE will incorporate Baseline's capabilities into its Hyver platform, enabling automated attack route creation and prioritization based on Baseline novel context-aware algorithms.

Key Points: 
  • The Baseline acquisition adds new capabilities to Hyver - CYE's advanced CRQO platform; Baseline builds context around vulnerabilities to enable dynamic and accurate risk analysis and prioritization.
  • TEL AVIV, Israel, Aug. 29, 2023 /PRNewswire/ -- CYE , the industry leader in cybersecurity optimization, today announced the company has acquired Baseline , a vulnerability analysis platform by Cyberillium.
  • CYE will incorporate Baseline's capabilities into its Hyver platform, enabling automated attack route creation and prioritization based on Baseline novel context-aware algorithms.
  • "I have a great appreciation for the Cyberillium team, the technology they have built, and their innovative approach to data management.

CYE Announces the Acquisition of "Baseline" - The Vulnerability Analysis and Prioritization Platform by Cyberillium

Retrieved on: 
Tuesday, August 29, 2023

TEL AVIV, Israel, Aug. 29, 2023 /PRNewswire/ -- CYE, the industry leader in cybersecurity optimization, today announced the company has acquired Baseline, a vulnerability analysis platform by Cyberillium. CYE will incorporate Baseline's capabilities into its Hyver platform, enabling automated attack route creation and prioritization based on Baseline novel context-aware algorithms.

Key Points: 
  • The Baseline acquisition adds new capabilities to Hyver - CYE's advanced CRQO platform; Baseline builds context around vulnerabilities to enable dynamic and accurate risk analysis and prioritization.
  • TEL AVIV, Israel, Aug. 29, 2023 /PRNewswire/ -- CYE , the industry leader in cybersecurity optimization, today announced the company has acquired Baseline , a vulnerability analysis platform by Cyberillium.
  • CYE will incorporate Baseline's capabilities into its Hyver platform, enabling automated attack route creation and prioritization based on Baseline novel context-aware algorithms.
  • "I have a great appreciation for the Cyberillium team, the technology they have built, and their innovative approach to data management.

ThreatConnect Named a Leader in Cyber Risk Quantification Report by Independent Research Firm

Retrieved on: 
Monday, July 24, 2023

ARLINGTON, Va., July 24, 2023 /PRNewswire/ -- ThreatConnect, Inc, maker of leading threat intelligence operations (TI Ops) and cyber risk quantification solutions, today announced Forrester Research, Inc. named ThreatConnect a Leader in The Forrester Wave™: Cyber Risk Quantification (CRQ), Q3 2023 report[1].

Key Points: 
  • ARLINGTON, Va., July 24, 2023 /PRNewswire/ -- ThreatConnect, Inc , maker of leading threat intelligence operations (TI Ops) and cyber risk quantification solutions, today announced Forrester Research, Inc. named ThreatConnect a Leader in The Forrester Wave™: Cyber Risk Quantification (CRQ), Q3 2023 report[1].
  • ThreatConnect was among the select companies that Forrester invited to participate in its Q3 2023 Forrester Wave™ CRQ report [1].
  • According to the Forrester report, ThreatConnect is the highest ranked vendor in the Current Offering category.
  • Financial quantification of third party risk: RQ can integrate with third party scanners in order to quantify - in financial terms - the risk vendors and suppliers bring to an organization
    [1] The Forrester Wave™: Cyber Risk Quantification, Q3 2023 report, Forrester Research, Inc., (July 19, 2023)
    A complimentary report copy can be found here: https://gonow.threatconnect.com/forrester-wave-crq-report .

RiskLens, A Safe Security Company, Named a Leader in the Cyber Risk Quantification Report by Independent Research Firm

Retrieved on: 
Wednesday, July 19, 2023

PALO ALTO, Calif., July 19, 2023 /PRNewswire/ -- Today, RiskLens, acquired by Safe Security (SAFE), the leader in AI-based cyber risk management SaaS platforms, was named a leader in The Forrester Wave™: Cyber Risk Quantification (CRQ), 2023 report, released by independent research firm Forrester Research, Inc. Forrester announced the results of its first-ever Wave report on Cyber Risk Quantification (CRQ). CRQ is coming to the forefront for CISOs with impending SEC regulations, the growing need to prioritize cyber investments in terms of lowering business risk, and rising cyber insurance premiums.

Key Points: 
  • PALO ALTO, Calif., July 19, 2023 /PRNewswire/ -- Today, RiskLens, acquired by Safe Security (SAFE), the leader in AI-based cyber risk management SaaS platforms, was named a leader in The Forrester Wave™: Cyber Risk Quantification (CRQ), 2023 report , released by independent research firm Forrester Research, Inc. Forrester announced the results of its first-ever Wave report on Cyber Risk Quantification (CRQ).
  • "RiskLens has been at the front of the CRQ movement since we launched our enterprise platform in 2015," said Nick Sanna, President, Safe Security.
  • We are honored to be recognized as a leader in this first-ever Forrester Wave report on CRQ by such a respected source.
  • Simply curating a cyber stack is no longer enough - organizations must shift their focus to effectively managing cyber risk.