DENVER - Oct. 6, 2022 – CyberGRX, provider of the world’s first and largest global risk exchange, today announced that it has been named the winner of the “Threat Intelligence Innovation” award in the 6th annual CyberSecurity Breakthrough Awards program conducted by CyberSecurity Breakthrough, a leading independent market intelligence organization that recognizes the top companies, technologies and products in the global information security market today.
“When it comes to cyber risk, there is not one single threat intelligence source, technology or methodology that can provide insight into the full picture of risk. How an organization gathers all the various types of intelligence and compiles it into one holistic dataset is really what will actually give organizations the greatest visibility. This is where CyberGRX has excelled,” said James Johnson, Managing Director of CyberSecurity Breakthrough. “CyberGRX goes beyond traditional vendor risk management, delivering innovative intelligence capabilities that give customers the confidence to not only predict and prevent cyberattacks, but work with affected third parties to plug security gaps. We extend our sincere congratulations to the CyberGRX team on winning the ‘Threat Intelligence Innovation Award’ for 2022.”
CyberGRX is able to deliver cyber risk intelligence focused on third parties by compiling the standardized data within the Exchange platform and applying machine learning, advanced analytics and threat intelligence—through partnerships with industry leaders—to enable security professionals to think holistically about risk and provide information that they can act on, not just analyze. By creating a data-driven methodology for cyber risk and allowing all data sources to collaborate and provide the ultimate overall risk picture, the CyberGRX platform provides unique threat intelligence capabilities unattainable by other third-party risk management solutions.
“We are honored to be recognized by the CyberSecurity Breakthrough Awards as an innovator in threat intelligence. Over the past year, our team has worked tirelessly to develop and incorporate new intelligence capabilities into our platform, allowing us to truly revolutionize traditional third-party risk management methodologies,” said Fred Kneip, CEO of CyberGRX. “As a result, we have curated the most extensive third-party cyber risk intelligence data in the market today, allowing us to provide an unprecedented level of visibility across risk ecosystems.”
The mission of the CyberSecurity Breakthrough Awards is to honor excellence and recognize the innovation, hard work and success in a range of information security categories, including Cloud Security, Threat Detection, Risk Management, Fraud Prevention, Mobile Security, Email Security and many more. This year’s program attracted more than 4,100 nominations from over 20 different countries throughout the world.
This recognition comes on the heels of CyberGRX being named the 2022 North America Market Leader in the cyber risk management industry by Frost & Sullivan as well as ranking number 938 overall and 34th in Colorado on the 2022 annual Inc. 5000 list. This ranking puts CyberGRX in the top 20% of all companies and reinforces CyberGRX’s position as a market leader in third-party cyber risk management.