Newest release from Axio provides a faster and easier way for security and business leaders to understand cyber risk in dollar terms
NEW YORK, October 14, 2021--(BUSINESS WIRE)--Axio, the leader in cyber risk management software, today announced the release of QuickQuant, a new cyber risk tool that allows CISOs to quickly and effortlessly quantify their cyber risk in dollar terms. QuickQuant helps security and business leaders maximize cyber risk reduction by illuminating the cyber risks that could lead to a business-crippling event – like ransomware. The impact-based solution enables security and business leaders to align on the cyber risks that matter most to the business, and to deliver results quickly, transparently, and in a language that all stakeholders can understand.
"We are excited about the release of QuickQuant because it drives quantified risk visibility in a few hours – and not months," said Scott Kannry, Chief Executive Officer and Co-Founder of Axio. "Cyber risk quantification strategies are a top priority for businesses across every sector and security leaders need a faster way to understand their risk in dollar terms. Existing approaches and methodologies take way too long to deliver results – and a CISO’s scarcest resource is time."
Gartner estimates that 40% of all Boards of Directors will have dedicated cybersecurity committees by 2025, underscoring the urgency for security leaders to adopt a quantification-driven cybersecurity strategy. With QuickQuant, CISOs can:
Generate an overall security index score through external scanning of an organization’s digital ecosystem
Index all corporate records, PII, and credentials exposed on the dark web
Provide percentage-based likelihoods of a breach occurring in the calendar year
Conduct a Cyber Insurance Stress Test to render a gap analysis in cyber coverage
Drive insights into overall corporate exposure through sector-specific analysis and peer benchmarking
"Despite significant increase in security and IT budgets, organizations across every sector are under heightened assault by determined cyber adversaries," remarked David White, Co-Founder and President of Axio. "Over the years, Axio has worked with the largest critical infrastructure operators to improve and optimize their cyber programs and it’s become clear that resource-strapped leaders need an easier way to start their risk quantification journey."
For more information on QuickQuant click here: https://learn.axio.com/quick-quant
Axio is the leader in SaaS-based risk management software, which empowers security leaders to build and optimize security programs and quantify risk for better investment prioritization and decision-making. Since 2013, Axio has been a trusted partner of the world’s leading critical infrastructure, manufacturing, and financial services organizations. Axio360 is the only risk management platform designed to align security leaders, business leaders, executives and Boards of Directors around a common set of benchmarks, performance metrics, and shared understanding of the most critical corporate risks.
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