Axio, a software-as-a-service provider of cyber risk management and quantification solutions, announced a joint initiative with research and data science firm Cyentia Institute to expand knowledge in the cybersecurity industry.
Together, the companies will deliver Cyentia’s cyber incident analysis to Axio customers.
Cyentia’s research in the Information Risk Insights Study (IRIS) series is highly regarded in the cyber risk community. Cyentia’s IRIS leverages a massive dataset of historical incidents to provide data-driven frequency and loss estimates.
Coupling this data with Axio’s Axio360 platform and cyber risk expertise provides Axio customers with accurate and defensible cyber risk quantifications.
Axio360 permits organizations to evaluate and transfer risk capital using a balance of financial and security controls. The platform has a suite of features to assess, manage and plan cybersecurity improvements.
Platform customers have used it to quantify cyber threat scenarios beyond the financial impacts of a data breach, such as physical disruption and complex business operations.