RESTON, Va., Oct. 03, 2018 (GLOBE NEWSWIRE) -- RiskLens, the pioneer in, and leading provider of, cyber risk quantification solutions, today announced it has been named the Most Innovative Risk Management solution by Cyber Defense Magazine, the industry’s leading electronic information security magazine.
This is Cyber Defense Magazine’s sixth year of honoring cyber defense and information security innovators. The judges are CISSP, FMDHS, CEH, certified security professionals who vote based on their independent review of each submission to seek out industry leaders with unique and compelling value propositions. The Cyber Defense Global Awards are focused on finding the next generation of cyber defense people, products and services.
“Cyber Defense Magazine spent six months searching the globe to find the most innovative and cutting edge cyber security companies for our Cyber Defense 2018 Global Awards,” said Gary S. Miliefsky, Publisher, Cyber Defense Magazine. “RiskLens won this award for Most Innovative Risk Management because it is an innovator on a mission to help stop breaches and get one step ahead of the next threat, proactively.”
RiskLens offers the industry’s most powerful and actionable decision-support platform for cybersecurity and risk teams that quantifies financial risk to cybersecurity events. The RiskLens platform arms risk management programs with a robust model for measuring risk in actual dollar, damage, and ratio implications, which allows organizations to report to business stakeholders in the language of business, prioritize their security remediation activities, evaluate ROI of cybersecurity initiatives, and optimize their security budgets.
“As risk and cybersecurity regulation continue to rise, there becomes a more crucial need for not just understanding risk but actually quantifying risk within any organization,” said RiskLens Co-Founder and Chief Risk Scientist Jack Jones. “We are thrilled to be awarded the Most Innovative Risk Management award from Cyber Defense Magazine and see that it further extends RiskLens blueprint in cyber risk quantification.”
RiskLens is the leading provider of cyber risk quantification software. Its platform is recognized as a mission-critical business application for cybersecurity and risk teams across the Fortune 1,000. RiskLens empowers large enterprises and government organizations to manage cyber risk from the business perspective by quantifying that risk in monetary terms. Clients depend on RiskLens solutions to better understand and decipher their cyber risk exposure in financial terms, prioritize their risk mitigations, measure the ROI of their security investments, and optimize their cyber insurance coverage. RiskLens is the only cyber risk quantification software purpose-built on FAIR, the standard quantitative model for information security and operational risk. For more information visit the RiskLens website at www.risklens.com