Define: Risk management?
Risk management is the identification, evaluation, and prioritization of risks followed by coordinated and economical application of resources to minimize, monitor, and control the probability or impact of unfortunate events or to maximize the realization of opportunities.
Top Digital Risk Management Companies and Solutions
This article showcases Threat.Technology’s top picks for the best Digital Risk Management solutions. We selected these companies for exceptional performance in one of these categories:
- Innovative ideas
- Innovative route to market
- Innovative product
- Exceptional growth
- Exceptional growth strategy
- Societal impact
CybelAngel is a cybersecurity startup detecting data-leaks where others don’t. The company finds data that has been stolen, or data that has been leaked by accident – generally by third-party partners and suppliers.
Its solution scans the visible, deep and dark webs, but it is also the only one scanning the major source of negligent leaks: Connected Storage. Its approach to data-leak detection combines Artificial Intelligence and human expertise.
Smart algorithms ensure rapid and precise detection, while machine learning focuses alerts based on what is most important to their clients. And yet it’s not machines that put together your alerts – it’s people.
Its cyber analysts compile a report for every incident, with all the information needed for a swift remediation.. .
Digital Shadows identifies unwanted exposure, protect against external threats, and minimize digital risk. The company’s product Digital Shadows SearchLight helps to minimize these risks by detecting data loss, securing the online brand, and reducing the attack surface.
Digital Shadows has proven that their digital risk management service is incredibly valuable, providing my security teams with context, prioritization, recommended actions, and even remediation options to dramatically reduce risk to Sophos. The company was founded in 2011 and is based in San Francisco, California..
MDS serves numerous managed service providers (MSPs) and small businesses in various industries including retail, restaurants, hospitality and professional services.. .
CloudSEK is an AI-driven Digital Risk Management enterprise. It’s SaaS-based products help clients assess their security posture in real-time from the perspective of an attacker.
Xvigil is CloudSEK’s proprietary internet monitoring tool that scours 1000+ sources (across the surface and dark web), to detect cyber threats. One of the most sought-after features of Xvigil is the capability to monitor and identify if any critical piece of information about a client is leaked online from their vendors, partners or even employees.
For more information visit: https://www.CloudSEK.com or email: [email protected] ThreatQuotient has been recognized for product excellence and industry leadership by several award programs in 2021.
It has won four 2021 Globee Cybersecurity Excellence Awards, including Gold for Security Investigation, Silver for both Threat Intelligence Technology and Hot Security Company of the Year, and Bronze for Threat Hunting, Detection, Intelligence, and Response. ThreatQuotient also won three 2021 Cybersecurity Excellence Awards: Gold for Security Investigation, and Silver for both Threat Detection, Intelligence and Response, and Best Cybersecurity Company.
Additionally, ThreatQuotient was recognized as McAfee Partner of the Year for the second consecutive year and the company was listed in the 2021 CRN Partner Program Guide. Headquartered in Northern Virginia, ThreatQuotient was founded in 2013 by Ryan Trost and Wayne Chiang..
CTM360® is a Cyber Security subscription service offering 24 x 7 x 365 Cyber Threat Management for detecting and responding to threats originating in cyberspace. A growth-stage startup headquartered in the Kingdom of Bahrain, CTM360 currently serves more than 30 of the Top 50 GCC Banks, as well as entities in Oil & Gas, Healthcare, Sovereign Wealth Funds, Aviation across 28 countries.
CTM360 specializes in Offensive Defense and strives to strengthen a subscribed member’s security posture by making them a harder target in cyberspace. With 370,000+ unique incidents managed, 11 billion hacked accounts indexed, 350,000+ digital assets inventoried and 1000+ executives protected, CTM360 currently remains a leader in Cyberspace for Managed Threat Detection & Response, Digital Risk Management, Threat Intelligence, Corporate & VIP Brand Protection, Anti-Phishing, etc.
CTM360 is offered as a service through an ecosystem built in the cloud and remains solely outside the perimeter of any organization.. .
Sphonic is a London based digital risk management business, which has developed a suite of products designed to address the on-going demands of the fast-moving digital environment. The solutions it provides are: • Workflow Manager (WFM) – an AML/KYC/KYB, risk management and Authentication platform with access to over 60 3rd party data sources through a single API.
• Metrics UI (MUI) – Sphonic’s Metrics User Interface takes a direct feed from the real time WFM in order to provide efficiency in DevOps and Fraud teams. It enables customisable views and reports to assess performance, risk management targeting and other reporting features.
• AML Manager – an Anti-Money Laundering transactional management tool that provides a case management solution to identify and review potential AML activity, as part of a single customer view. WFM is the core solution used by a number of Sphonic’s clients both in Europe and the United States.
Sphonic created WFM given the innovation around digital risk management is constantly evolving, making the role of the end-user/buyer of such services a challenging one. Navigating through the complex 3rd party vendor market can be a constant battle, which Sphonic helps to solve through its platform with its connections to numerous products across the globe.
This means that Sphonic can provide a ‘one stop shop’ for a range of KYC/KYB/AML, fraud prevention and authentication needs. Most importantly, WFM is configured as a bespoke solution for the end client – so the end solution is specific to their unique challenges rather than a ‘black box’ approach which the client can’t comprehend or control..
Waverley Labs is a leading cyber and digital risk management company. They are a team of expert cyber analysts and software developers bringing you actionable and proactive insights as well as secure software to ensure trusted business operations and compliance with standards and mandates.
Waverley Labs began as a professional services and custom software development company providing consulting services. The principles of Waverley Labs developed a reputation as creative and innovative problem solvers by developing first-of-its-kind systems such as the first security information event management (SIEM) system, the first modern air traffic control system, the first document management system and so on.
They were selected to develop solutions for complex cyber security related problems and have won several Small Business Innovative Research (SBIR) research grants including Defense Advanced Research Projects Agency (DARPA), Air Force Research Labs (AFRL), and Naval Sea Systems Command (NAVSEA), Federal Emergency Management Agency (FEMA) and Joint Battle Center (JBC).. .
It’s the confidence that your identity solution is reliable and always-on, so you can focus on what matters–growing the business. The OneLogin platform protects your organization against threats by securing and centralizing your applications, devices, and end-users all in one, easy-to-access place.
Additionally, through our advanced machine learning capabilities, OneLogin can deliver real-time threat intelligence to help automate the process of keeping your business secure. Scalable: The OneLogin Trusted Experience Platform was built for performance and reliability at scale.
With a wide breadth of extensible functionality, we can expand and retract according to the changing needs of your business. Through our enterprise-grade change management solutions, like our Enterprise Sandbox and API Access, you can quickly test large-scale changes before going live in your production instance.
This article was written by Benjamin Skute from Threat.Technology. The editor for this article was Tess Page. If your company is featured in this article and you want to have amendments made please contact us on: [email protected].
Alternatively you may write to us at: Threat.Technology/Fupping Ltd, First Floor, 61-63 Rochester Pl, London NW1 9JU.