Safe Security

Safe Security Launches First Cybersecurity MGA to Underwrite Cyber Insurance Based on Continuous “Inside-Out” Cyber Risk Telemetry

Retrieved on: 
Thursday, December 15, 2022
Software, Insurance, Networks, Data Management, Professional Services, Technology, Other Technology, Security, Cloud, Risk management, Wainwright Securities Inc. v. Wall Street Transcript Corp., Trust, Salesforce, Zoom, API, Language, Google Cloud Platform, Ecosystem, Security, Managing general agent, SAFE, CISO, Partnership, Software as a service, Intelligence, MGA, Policy, Google Workspace, Safe Security, Microsoft, Azure, Organization, Safe, Amazon Web Services, Insurance, Risk

Safe Security Inc. , global leader in cyber risk quantification and management (CRQM), today launched SafeInside Insurance, the first cybersecurity Managing General Agent (MGA) leveraging API-based cyber risk telemetry and quantified insights to underwrite cyber insurance.

Key Points: 
  • Safe Security Inc. , global leader in cyber risk quantification and management (CRQM), today launched SafeInside Insurance, the first cybersecurity Managing General Agent (MGA) leveraging API-based cyber risk telemetry and quantified insights to underwrite cyber insurance.
  • Safe Security is thrilled to become the worlds first MGA for cyber insurance using actual cyber telemetry for underwriting.
  • Our vision is to establish a new, de-facto industry standard for how cyber insurance is underwritten, and to provide more transparency between the investment in cybersecurity and cyber insurance, said Saket Modi, co-founder and CEO, Safe Security.
  • We are paving the way for a sustainable, profitable cyber insurance ecosystem based on trust and certainty for all stakeholders.

Mosaic Partners With Safe Security on Real-Time Cyber Risk Evaluation

Retrieved on: 
Thursday, December 8, 2022
Software, Insurance, Networks, Data Management, Professional Services, Technology, Other Technology, Security, Culture, Language, Business, Software, Insurance, SAFE, AM Best, Partnership, Intelligence, Safe Security, Risk assessment, SVP, Policy, Senior, Multimedia, Data science, Artificial intelligence, Organization, Business development, Standard, Safe, Risk, Risk management, Mosaic

Mosaic Insurance has launched a pioneering platform powered by California-based Safe Security to help underwriters evaluate cyber risk for brokers and insureds.

Key Points: 
  • Mosaic Insurance has launched a pioneering platform powered by California-based Safe Security to help underwriters evaluate cyber risk for brokers and insureds.
  • (Photo: Business Wire)
    Mosaic leverages Safe Securitys award-winning cyber risk assessment platform, SAFE, which offers a real-time view of the extent and nature of a companys enterprise-wide cyber risk, allowing the most accurate exposure analysis, coverage, and pricing for brokers and insureds.
  • Were truly excited about the cyber risk assessment capabilities we now have, thanks to our partnership with Safe Security, said Liam Jones, Head of Business Development at Mosaic.
  • The technology gives us deep network visibility and puts the focus on cyber risk controls and culture.

Safe Security Expands to 50 Technology Integrations to Make Cyber Risk Quantification and Management More Trustworthy and Accessible to All

Retrieved on: 
Wednesday, November 30, 2022
Data Management, Security, Technology, Other Technology, Software, Networks, Cloud, GCP, API, Environment, CISO-FM, Organization, Google Cloud Platform, SAFE, Risk, Zoom, Language, Microsoft Defender, Amazon Web Services, Google Workspace, Salesforce, AWS, MITRE, Software as a service, Safe Security, Wainwright Securities Inc. v. Wall Street Transcript Corp., Microsoft, Investment, Risk management

Safe Security Inc. , global leader in cyber risk quantification and management (CRQM), has expanded their API-based technology integrations to 50 technology platforms.

Key Points: 
  • Safe Security Inc. , global leader in cyber risk quantification and management (CRQM), has expanded their API-based technology integrations to 50 technology platforms.
  • The SAFE platform uses cyber signals from these tools to give CISOs a real time, inside-out quantification of their enterprise-wide cyber risk.
  • Safe Security has researched more than 5,500 attacks and breaches to determine the most critical controls exploited by attackers.
  • Safe Security Inc. is a leader in cyber risk quantification and management (CRQM), with a mission to build a safer digital future.

Safe Security Wins 2022 CISO Choice Award in Risk Management for Unique Approach to Cyber Risk Quantification

Retrieved on: 
Thursday, October 27, 2022
Data Management, Security, Technology, Other Technology, Software, Networks, Return, Chief executive officer, Safe Security, Safe, CISO-FM, ROSI, Calculator, SAFE, Heel, Risk management, CISO, Wainwright Securities Inc. v. Wall Street Transcript Corp., Chartered Institute for Securities & Investment, Technology, Organization, Investment, Intelligence, Language, Entrepreneurship, CEO, Trust, API, Program, Risk, CFOS, Environment, CRQ

Safe Security Inc., a global leader in cyber risk quantification and management (CRQM), was recently recognized by the CISO Choice Awards as the 2022 winner for Risk Management.

Key Points: 
  • Safe Security Inc., a global leader in cyber risk quantification and management (CRQM), was recently recognized by the CISO Choice Awards as the 2022 winner for Risk Management.
  • We are thrilled for Safe Security to be named the winner of the Risk Management category in the 2022 CISO Choice Awards.
  • Safe Security Inc. is a leader in cybersecurity and digital business risk quantification management, with a mission to build a safer digital future.
  • Safes cyber risk quantification and management (CRQM) platform enables organizations to manage cyber risks in real-time.

Safe Security and Intuitive.Cloud Announce a Partnership to Offer a New Cyber Risk Quantification Offering

Retrieved on: 
Tuesday, October 11, 2022
Online Privacy, Data Management, Security, Technology, Software, Networks, Cloud, Risk management, Intuition, SME, NYC Metro, Risk, Safe, SAFE, Organization, Data, Partnership, Technology, Solution, Board, Safe Security, VC, CXO, Public, SRE, CEO, Computer security, Wainwright Securities Inc. v. Wall Street Transcript Corp., Digital, Private, Language

Intuitive's new offering, a cyber risk quantification and management solution for its global enterprise customers, will deliver the SAFE CRQM platform to U.S.-based customers.

Key Points: 
  • Intuitive's new offering, a cyber risk quantification and management solution for its global enterprise customers, will deliver the SAFE CRQM platform to U.S.-based customers.
  • Intuitive.Cloud is excited to launch and deliver Safe Securitys cyber risk quantification and management offering to our customers.
  • Security and risk management leaders require a measurable metric to know their real-time cybersecurity risk posture and the return on their security investments.
  • Saket Modi , co-Founder, and CEO of Safe Security, says, Our cyber risk quantification and management platform SAFE provides dynamic visibility into enterprise-wide cyber risk, enables prioritized risk management, and reports cybersecurity risk as potential financial risk.

Safe Security Launches Return on Security Investment Calculator to Help Organizations Maximize Returns on Cybersecurity Budgets

Retrieved on: 
Tuesday, October 4, 2022
Software, Networks, Internet, Data Management, Technology, Apps, Applications, Other Technology, Security, IDC, MSSP, Computer security, Risk, SAFE, Collection, Intelligence, Research, Industry, Associate, Bayesian network, CISO, Return, Rest, Chartered Institute for Securities & Investment, CEO, Multimedia, Chief executive officer, Organization, NACD, Judgement, Budget, ROSI, MIT Sloan School of Management, API, Method, ROI, CFOS, Safe Security, Conference, CFO, Safe, Investment, Language, Wainwright Securities Inc. v. Wall Street Transcript Corp., CISO-FM, Risk management, Calculator, D.C

Safe Security Inc., global leader in cyber risk quantification and management (CRQM), today announced the Return on Security Investment (ROSI) Calculator, a new module of the SAFE platform.

Key Points: 
  • Safe Security Inc., global leader in cyber risk quantification and management (CRQM), today announced the Return on Security Investment (ROSI) Calculator, a new module of the SAFE platform.
  • Using the ROSI Calculator , CISOs, CFOs, CEOs and Boards can, for the first time, measure a return on investment for their cybersecurity programs.
  • Using API-driven technology, Safe Security's ROSI Calculator automatically collects data from the organizations cybersecurity tools to provide real-time prioritization of the most cost effective cybersecurity investments.
  • According to Safe Securitys findings , taking these three actions can reduce an organizations financial risk by 30-40%.

Safe Security Introduces Free Assessments to Provide Trusted Financial Risk Calculations for Cyber Attacks and Cyber Insurance Discussions

Retrieved on: 
Tuesday, August 16, 2022
Technology, Online Privacy, Security, Knowledge, Cloud, CFOS, SAFE, Security, Risk, Industry, CEO, Azure, Investment, Leadership, Safe, Research, Microsoft, CISO-FM, Language, Trust, Risk assessment, AWS, Insurance, Safe Security, Health, Google Cloud, Organization, Risk management

Safe Security , a global leader in cybersecurity risk quantification and management, today announced two industry-first assessment tools to empower organizations to make holistic financial decisions based on their actual cyber risk.

Key Points: 
  • Safe Security , a global leader in cybersecurity risk quantification and management, today announced two industry-first assessment tools to empower organizations to make holistic financial decisions based on their actual cyber risk.
  • Knowledge is power, and our mission is to arm you with an unbiased assessment that can be used for risk discussions and insurance negotiations.
  • Safe Securitys Interactive Cost Calculator for cyber attacks is a free, tunable calculator that enables organizations to understand their potential financial risk due to a cyber attack, such as ransomware.
  • To understand your organizations financial risk due to a cyber attack based on your exact business context, visit https://www.safe.security/interactive-cost-model .

Amano McGann Launches Amano ONE - The Most Simplified, Powerful and Reliable Cloud-based Parking Access and Revenue Control System

Retrieved on: 
Thursday, July 14, 2022
Technology, Senior, Inc., Safe Security, AWS, Maintenance, Industry, Software, Privacy, Memory, Medical device, Online shopping

MINNEAPOLIS, July 14, 2022 /PRNewswire/ -- Amano McGann, the world's leading parking technology company, announced Amano ONE today, the most simplified, powerful, and reliable parking access and revenue control system that efficiently optimizes parking operations. Amano ONE's cloud-based platform is designed to be easy to install and manage with lower maintenance costs, seamless updates, and intuitive onboarding.

Key Points: 
  • MINNEAPOLIS, July 14, 2022 /PRNewswire/ -- Amano McGann , the world's leading parking technology company, announced Amano ONE today, the most simplified, powerful, and reliable parking access and revenue control system that efficiently optimizes parking operations.
  • Amano ONE's cloud-based platform is designed to be easy to install and manage with lower maintenance costs, seamless updates, and intuitive onboarding.
  • With a powerful, responsive design, Amano ONE allows users to manage parking operations from any device with best-in-class reporting, expedited access, and rapid system processing speeds.
  • "We designed Amano ONE to really work for operators and owners with facilities of any size," said Greg Brewer, Senior VP of Sales and Operations for Amano McGann.

Safe Security Publishes Results of New Predictive Model, Highlighting the Cyber Exposure of Specific Industries Over the Next 12 Months

Retrieved on: 
Monday, June 27, 2022
Professional Services, Health, Security, Technology, Health Technology, Finance, Networks, Insurance, Security, CEO, Probability, Research, Private, ROI, Safe, Industry, Safe Security, Risk, Organization, Health, Equity, Risk management, SEC, SAFE, Metadata, Human, CISO-FM, Language, Telemetry, Gaps, Weapon

Industries like manufacturing and retail face less than 15% probability of a successful cyber attack.

Key Points: 
  • Industries like manufacturing and retail face less than 15% probability of a successful cyber attack.
  • The Safe Security team feels just as passionate about helping organizations understand their cybersecurity risk through probability models, said Saket Modi, co-founder and CEO of Safe Security.
  • Like financial risk, cyber risk needs to be managed in real-time based on data coming from internal and external environments.
  • CISOs can use the Safe CRQ Calculator to gain a quantified baseline to draft their cyber risk management plan over the next 12 months.

Safe-T Group Secures a Non-Dilutive Line of Credit from United Mizrahi-Tefahot Bank Ltd.

Retrieved on: 
Thursday, May 26, 2022
Company, LTV, Private Securities Litigation Reform Act, U.S. Securities and Exchange Commission, Annual report, Nasdaq, Investment, Bank, NASDAQ, Solution, Safe Security, TASE, USD, Privacy, Primary Dealer Credit Facility, Credit, Time, Virus, Security (finance), Line of credit, Acquisition, SEC, Growth, GLOBE, Customer lifetime value, ISP, InterQuest Group Ltd, Online shopping

HERZLIYA, Israel, May 26, 2022 (GLOBE NEWSWIRE) -- Safe-T® Group Ltd. (NASDAQ: SFET) (TASE: SFET), a global provider of cyber-security and privacy solutions to consumers and enterprises (“Safe-T” or the “Company”), announced today that its consumer business (wholly-owned subsidiary, CyberKick Ltd.) has entered into a revolving line of credit agreement (the "Credit Facility") with United Mizrahi-Tefahot Bank Ltd. (the “Bank”), to support the growth of its consumer privacy solutions, in an amount of up to $2,000,000 for a period of 12 months, at an interest rate of Secured Overnight Financing Rate (“SOFR”) plus 5.5% per annum, to be paid quarterly for the actual withdrawn balance. The Credit Facility is part of the Company’s broader efforts to attract diverse long-term sources of capital while creating non-dilutive financing alternatives. As a part of this strategy, the Company plans to work with the Bank to extend the Credit Facility duration upon maturity, and to increase it.

Key Points: 
  • The Credit Facility is part of the Companys broader efforts to attract diverse long-term sources of capital while creating non-dilutive financing alternatives.
  • As a part of this strategy, the Company plans to work with the Bank to extend the Credit Facility duration upon maturity, and to increase it.
  • "We are pleased to complete this non-dilutive credit facility that provides our consumer business with financial flexibility.
  • Furthermore, we believe that securing this credit line from a leading Israeli bank is an important validation of our improved financial profile, said Shachar Daniel, Chief Executive Officer of Safe-T.