SAN
JOSE, Calif., Dec. 18,
2024 /PRNewswire/ -- Safe Security, a leading
provider of cybersecurity risk quantification and management (CRQM)
software solutions, and Booz Allen
Hamilton (NYSE: BAH), today launched a next-generation
Integrated Risk Management-as-a-Service (IRMaaS) suite of
offerings. The offerings are designed to enable organizations to
continuously monitor and manage cyber risk in the face of
ever-evolving cyber threats by leveraging data-driven insights
powered by cutting-edge technology and advisory services.
The collaboration combines Safe Security's AI-powered CRQM
platform - SAFE One - which operationalizes the industry-leading
FAIR™ CRQ framework with the deep expertise in cybersecurity
strategy, risk management, and digital transformation services of
Booz Allen's Global Commercial
business. The result is an innovative set of solutions that enable
business and security leaders to make objective decisions around
how best to protect their organizations from cyber threats by
measuring and managing risk in financial terms, based on data
analytics of telemetry data and fit-for-purpose risk management
frameworks (RMF).
Key Client Benefits:
Through this initiative,
clients will benefit from a variety of data-driven services
including:
- Continuous Cyber Risk Assessments: Clarity into the top
cyber risks impeding cyber resilience and the technical
vulnerabilities underpinning them (AI, cyber, 3rd party,
etc.)
- Cyber Program Strategy Design and Budget Optimization:
Tailored strategies to prioritize and optimize cybersecurity
investment strategies using metrics based on financial terms
- Regulatory Compliance and Risk Reporting: Support for
clients' boards of directors and compliance with regulations and
requirements such as NYDFS, NIS-2,
OSFI, PCI, SEC, etc.
- IRM Program Transformation and Managed Services:
End-to-end program design, build, and operational support
- Third Party Risk Management (TPRM): Program Advisory and
Managed Services to address supplier-related risks
IRMaaS pilot programs have already demonstrated measurable
success, including significant cost savings through automation and
optimized cyber defense and risk management strategies.
This collaboration underscores Booz
Allen's and Safe Security's shared commitment to empowering
organizations with state-of-the-art tools and strategies for
navigating the increasingly complex cybersecurity landscape.
Together, they are setting a new standard for proactive risk
management in the digital era.
Quotes from Leadership:
"Collaborating with
Booz Allen's Global Commercial
business allows us to combine our technological innovations with
their approach to cybersecurity as a business-enabling function,
delivering a powerful suite of solutions to meet the complex cyber
risk management demands of today," said Saket Modi, CEO of Safe Security.
"We are excited to collaborate with Safe Security and deliver
this transformative solution," said Michael
Vallone, Global Director of Cyber Risk Solutions in
Booz Allen's Global Commercial
business. "Together, we are addressing the pressing need of
organizations to strengthen their cybersecurity and risk management
programs to improve operational resilience against emerging threats
with accuracy, precision, and speed through high fidelity decision
support."
About Safe Security
Safe Security is the leader in
AI-driven cyber risk management. It has redefined cyber risk
measurement and management with its real-time, data-driven approach
that empowers enterprise leaders, regulators, and cyber insurance
carriers to understand cyber risk in an aggregated yet granular
manner. The recent acquisition of RiskLens brings together the
power of the world's most advanced cyber risk analytics model
(FAIR), supported by practitioners in over 50% of Fortune 500
companies, with the world's most advanced AI-fueled Cyber Risk
Cloud of Clouds, processing over three billion signals a day.
Visit safe.security and follow us at @SafeCRQ to learn more.
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