Safe Security wins the 2022 CISO Choice Award in the Risk Management category for its unique approach to quantifying cyber risk
The SAFE platform is recognized for its deep analytics capabilities, providing CISOs with real-time visibility, an action plan that maximizes ROI, and the right business story for the board
PALO ALTO, Calif., October 27, 2022–(BUSINESS WIRE)–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. The annual CISO Choice Awards program recognizes leaders in key technology and business categories, selected by a CISO jury based on their real-world experience. Safe Security’s CRQM platform, SAFE, has been specifically designed to assist CISOs in real time by showing them a quantified view of cyber health, financial exposure, and actions optimized to maximize business objectives.
Traditional approaches to cyber risk quantification (CRQ) have lacked the practicality to guide real-world decisions. In response, the SAFE platform enables organizations to predict cyber breaches in their environment while accumulating signals – using APIs – from existing cybersecurity products, external threat intelligence and the business context. SAFE offers a complete solution that can be implemented and layered over existing cybersecurity products.
Security’s SAFE platform meets the following needs of CISOs:
Real-time visibility into an increasingly complex computing surface
A prioritized and ROI maximizing action plan to reduce the likelihood of a cyberattack and the financial impact due to a cyberattack
Convert cyber risk lingo into business language for board and CEO/CFO
“The role of the CISO is, at its core, to protect the business and its ability to generate revenue; and he must be able to drive these discussions with numbers, display a solid business foundation to prioritize and make investments , and measure the results that gain Board and C-suite support for their enterprise protection program,” said Saket Modi, Co-Founder and CEO of Safe Security. “We are thrilled that Safe Security be named winner of the Risk Management category in the 2022 CISO Choice Awards. We thank the CISO judges for their consideration. Most importantly, we thank our customers for their trust and support on this journey.”
This award recognition follows the latest updates to Safe Security’s platform, following the launch of the ROSI Calculator in early October 2022. Using the ROSI Calculator, CISOs, CFOs, CEOs, and boards can, for the first time, measure a return on investment for their cybersecurity programs. For a more in-depth understanding of the ROSI calculator, download the fact sheet here.
To learn more about Safe Security, visit https://www.safe.security/.
About secure security
Safe Security Inc. is a leader in cybersecurity and digital business risk quantification management, with a mission to build a safer digital future. Safe’s Cyber Risk Quantification and Management (CRQM) platform enables organizations to manage cyber risk in real time. Its platform automatically collects signals from inside and outside a company’s environment to give the company’s specific cyber risk rating, or SAFE Score, the financial impact of a potential violation and a plan of action. This allows organizations to have a common language across teams – from board to analyst – to align on a consistent risk metric. Other benefits include justifying investments in cybersecurity and purchasing cyber insurance for the organization. For more information, visit https://www.safe.security/.
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