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Agiliance Becomes a Board and Business Standard for Managing Cyber Security Operational Risks in 2014Agiliance®, Inc., the Big Data Risk Company™ and leading independent provider of integrated solutions for Operational and Security Risk Intelligence, today detailed how it became a board of directors and business unit standard for managing Cyber Security Operational Risk in 2014. Last year, marquee global 1000 companies and government agencies deployed RiskVision™ to thousands of business users in their organizations who make real-time risk-based decisions and keep board members informed on strategic risks. Agiliance also reported that its 2014 license growth rate was 176%, and that it generated $1 million of income in the fourth quarter alone. This builds on the momentum the company announced in October of 2014. While 2014 is known as the "Year of the Breach", the cost to organizations goes far beyond reputational damage in the media. Boards and businesses are subjected to regulatory mandates that carry fines and capital holds, and increasingly face litigation from numerous class-action suits that reduce market value and expose liability. Cyber security insurance has eerged as a stop-gap to protect stakeholders from the short comings of siloed risk management processes, but some insurers are citing litigation and poor operations as reasons not to payout on losses. In response, leading companies are investing in software like RiskVision to continuously trend metrics on strategic risks and take decisive actions. RiskVision is an innovative tool for all business people to visualize, measure, and action risks in real-time. RiskVision's patented technology aggregates and correlates live data from over 70 leading business, security, IT, and identity software products to produce actionable intelligence and metrics understood by business users and boards. Notable RiskVision milestones at Agiliance accounts during 2014 include:
Some leading cross-sector organizations who chose or expanded their use of the RiskVision product in 2014 include AXA Insurance, Bell Canada (News - Alert), Deutsche Bank AG, DNB, E*TRADE, Fannie Mae, the Federal Retirement Thrift Investment Board (FRTIB), Fiserv, Genentech, IOOF Australia, National Renewable Energy Laboratory (NREL), Novartis, Optum, Raytheon (News - Alert), Safeway, UnitedHealth Group, and the U.S. Department of Veterans Affairs. "Board members demand quantitative risk data that is normalized across all business operations to govern cyber risk issues. Meanwhile, business people need to neutralize the impact of cybercrime with purpose-built tools to see risk and act swiftly," said Joe Fantuzzi, president and chief executive officer at Agiliance. "Agiliance's ability to deliver solutions in less than 60 days to provide boards and business users actionable intelligence to manage cyber security operational risks is a primary reason that our license subscription rate grew faster than ever in 2014 and our financials are best in class." About Agiliance Agiliance, the Big Data Risk Company, is the leading independent provider of integrated solutions for Operational and Security Risk Intelligence. Agiliance is automating how Global 2000 companies and government agencies continuously monitor big data for risks across financial, operations, and IT domains to increase operational efficiency and orchestrate incident, threat, and vulnerability actions in real time. RiskVision customers demonstrate automation use cases within 30 days on-demand, and within 60 days on-premise, made possible by a configurable platform and applications, broad library of technology integrations, and vast domain and regulatory content. RiskVision scales with businesses, effectively managing assets, data, people, and processes to achieve 100 percent risk and compliance coverage. Its real-time risk analysis leads to optimized business performance and better investment decisions. For more information, please visit www.agiliance.com.
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