Bessemer Venture Partners Leads Series B Round with Participation from
As enterprises’ digital ecosystems grow and become increasingly interconnected, the volume and complexity of security and resiliency risks from third parties, including contractors, vendors, partners and customers, only grows. According to PwC’s 2016 Global State of Information Security report, third-party contractors are the biggest source of security incidents outside of a company’s employees. At the same time, the third-party cyber risk management process is largely driven by sharing spreadsheets and trusting unvalidated assessments. Built in partnership with the chief security and risk officers from some of the world’s largest companies, including Aetna, ADP and
“For an enterprise today, managing cyber risk requires visibility into the extended network of vendors who store information about us,” said
“There’s a simple question at the heart of third-party cyber risk: which vendors, partners, suppliers or contractors pose the biggest threat to my organization?” said
Founded by former CISO’s and risk officers and backed by world-class investors, CyberGRX partners with some of the most trusted names and brands in cybersecurity. With this investment,
For more information on CyberGRX or to join the CyberGRX Exchange, please visit https://www.cybergrx.com/.
CyberGRX provides the most comprehensive third-party cyber risk management platform to cost-effectively identify, assess, mitigate and monitor an enterprise’s risk exposure across its entire partner ecosystem. Through automation and advanced analytics, the CyberGRX solution enables enterprises to collaboratively mitigate threats presented from their increasing interdependency on vendors, partners and customers. Based in
fama PR for CyberGRX