InnoSec's cybersecurity risk management solution, STORM first inventories a client’s virtual assets and runs machine learning algorithms to verify the quality of the data, quantifies their risk and provides near real time data when a cyber finding raises risk above acceptable levels. Once understood, immediate action can be orchestrated in STORM to lower risk back down to the acceptable level. It harnesses security data from any security tool. STORM’s cyber risk engine quantifies cyber exposures in terms of business interruption, data exfiltration and regulatory loss – all metrics that cyber insurance companies will pay for in the event of a breach.
We transform clients in cyber victors rather than cyber victims by enabling the most cyber resilient strategy possible
For instance, in the case of Equifax, InnoSec would have alerted key stakeholders that the breach of that system would not be isolation but would impact a crown jewel system and recommend that the patch management be aligned appropriately to reduce the risk. The solution can determine a gamut of exposures that result from all threat vectors. STORM provides transparency, thought leadership and near real time internal risk metrics and puts firms ahead of cyber.
With its holistic solution, InnoSec has turned corners for numerous companies. For instance, a multinational service provider with operations in Europe and the U.S. had to define a cybersecurity strategy and its effectiveness to the board. After deploying InnoSec's STORM, the client could easily integrate cyber security tool data from various sources and immediately show where risk was too high and quickly move to lower it to acceptable levels. The client lowered their cyber risk by over 30% in the first year.
While InnoSec continues to resolve the intricacies and challenges in enterprise risk management arena, the company aims to grow its footprint globally and help clients with its innovative technology. Today, InnoSec’s clientele includes IBM, Amdocs, Bank of Jerusalem and others in defense, retail, banking, pharma and hi-tech. “We firmly believe that every organization regardless of its size must utilize cyber risk management technology that provides a clear line of sight on the business risk. We offer them both," concludes Ariel.