- According to SAFE Security, their solution stands out from competitors in cyber risk management because it adopts a predictive and proactive strategy rather than the industry-standard reactive one.
- The predictive AI models were created in collaboration with the Massachusetts Institute of Technology and produced useful information regarding the likelihood of breaches under various risk scenarios.
Safe Security Inc., specializing in artificial intelligence for managing cyber risk, unveiled a new service called “Cyber Risk Cloud of Clouds” that predicts and tackles cyber breaching.
According to the company, the new solution combines diverse cyber signals into a cohesive view, giving a detailed and aggregated perspective of enterprise security risk. It incorporates information from several sources, including Qualys Inc., Wiz.io Inc., Rapid7 Inc., Tanium Inc., ServiceNow Inc., CrowdStrike Holdings Inc., Amazon Web Services Inc., Azure from Microsoft Corp., and Google Cloud Platform.
Safe Security’s solution stands out from competitors in cyber risk management because it adopts a predictive and proactive strategy rather than the industry-standard reactive one. The Cyber Risk Cloud of Clouds enables businesses to leverage aggregated data from several sources to make informed security decisions, resulting in a thorough awareness of corporate risk.
The predictive AI models were created in collaboration with the Massachusetts Institute of Technology and produced helpful information regarding the likelihood of breaches under various risk scenarios. The service is said to make cyber risk management easy by offering user-friendly and intuitive interactions when combined with its generative AI interface, SafeGPT, differentiating it from other services.
According to the business, SafeGPT is a platform for managing cyber risk. It enables customers to define the most effective risk mitigation methods, specify specific questions about their cyber risk data, and confidently reply to the regulator and other stakeholder queries.
Saket Modi, Chief Executive, and Co-founder, stated, “The CISO is facing an unprecedented level of pressure, and the role has evolved into a major business decision-maker. With SAFE, CISOs can gain a new level of visibility with higher confidence, through real-time access into their cybersecurity posture, to make the most impactful strategy to decrease cyber risk.”
Startup SAFE Security is backed by venture capital, and it has raised USD 99.2 million to date, including USD 33 million in a round in July 2021. Telstra Ventures Pty Ltd, Sorenson Capital LP, Fidelity Ventures Ltd, Western Technology Investment, and Eight Road Ventures are a few of the investors.