CyberRisk Solutions, LLC: Company Profile

Background

Overview

CyberRisk Solutions, LLC is a cybersecurity firm specializing in providing comprehensive risk management and security solutions to businesses of various sizes. The company focuses on delivering tailored strategies to mitigate cyber threats and ensure compliance with industry standards.

Mission and Vision

CyberRisk Solutions is dedicated to empowering organizations to navigate the complex cybersecurity landscape by offering proactive and effective risk management services. Their vision is to be a trusted partner in safeguarding digital assets and fostering a secure operational environment for their clients.

Primary Area of Focus

The company concentrates on delivering enterprise risk management approaches, integrating security operations, and providing human capital solutions to address cybersecurity challenges. They emphasize a holistic strategy that encompasses people, processes, technology, and facilities.

Industry Significance

In October 2018, CyberRisk Solutions partnered with 360factors to enhance their cybersecurity offerings. This collaboration combined technical expertise and industry leadership to deliver a unique enterprise risk management approach, integrating 360factors' Predict360 GRC SaaS-based platform into their services.

Key Strategic Focus

Core Objectives

CyberRisk Solutions aims to provide comprehensive cybersecurity strategies that address the multifaceted nature of cyber threats, ensuring robust protection for their clients.

Specific Areas of Specialization

Enterprise Risk Management: Developing and implementing risk management frameworks tailored to organizational needs.

Security Operations: Establishing and managing security operations centers (SOCs) to monitor and respond to security incidents.

Human Capital Solutions: Offering staffing and training services to build and maintain effective security teams.

Key Technologies Utilized

The partnership with 360factors introduced the Predict360 GRC SaaS-based platform, enhancing their governance, risk, and compliance capabilities.

Primary Markets Targeted

CyberRisk Solutions serves a diverse clientele, including enterprises, government agencies, and regulated industries, focusing on sectors where cybersecurity and compliance are critical.

Financials and Funding

Funding History

Specific details regarding CyberRisk Solutions' funding history are not publicly disclosed.

Recent Funding Rounds

There is no publicly available information about recent funding rounds for CyberRisk Solutions.

Notable Investors

Information about individual investors is not publicly available.

Intended Utilization of Capital

While specific plans are not disclosed, the partnership with 360factors suggests a focus on integrating advanced risk management technologies and expanding service offerings.

Pipeline Development

Key Pipeline Candidates

The collaboration with 360factors to integrate the Predict360 platform represents a significant development in their service offerings.

Stages of Development

The integration of Predict360 is in the implementation phase, aiming to enhance their enterprise risk management capabilities.

Target Conditions

The primary focus is on improving governance, risk, and compliance processes for clients across various industries.

Anticipated Milestones

The successful integration and deployment of the Predict360 platform are expected to be completed in the near future, enhancing service delivery.

Technological Platform and Innovation

Proprietary Technologies

CyberRisk Solutions leverages the Predict360 GRC SaaS-based platform, developed by 360factors, to provide advanced risk management solutions.

Significant Scientific Methods

The integration of Predict360 introduces AI-driven analytics and automated compliance tracking, enhancing decision-making and operational efficiency.

Leadership Team

Key Executives

Bryant G. Tow: Managing Principal at CyberRisk Solutions. He has been instrumental in establishing the company's strategic direction and partnerships.

Leadership Changes

There are no publicly available records of recent significant changes or appointments within the company's leadership.

Competitor Profile

Market Insights and Dynamics

The cybersecurity services market is experiencing rapid growth, driven by increasing cyber threats and regulatory requirements. Companies like CyberRisk Solutions are positioning themselves to meet the demand for comprehensive risk management services.

Competitor Analysis

Key competitors include:

CyberMaxx: Recognized among the Top 50 MSSPs for 2023, offering a range of cybersecurity services.

ArmorPoint: Ranked #70 on MSSP Alert’s 2024 List of Top 250 MSSPs, providing integrated cybersecurity solutions.

Strategic Collaborations and Partnerships

The partnership with 360factors is a strategic move to enhance CyberRisk Solutions' service offerings and technological capabilities.

Operational Insights

By integrating advanced technologies like Predict360, CyberRisk Solutions aims to differentiate itself in the competitive landscape by offering comprehensive and efficient risk management solutions.

Strategic Opportunities and Future Directions

Strategic Roadmap

CyberRisk Solutions plans to expand its service offerings by fully integrating the Predict360 platform, enhancing its risk management capabilities.

Future Business Directions

The company is focusing on strengthening its position in the cybersecurity market by leveraging strategic partnerships and technological innovations.

Opportunities for Expansion

There is potential for CyberRisk Solutions to expand its client base by targeting additional regulated industries and offering tailored cybersecurity solutions.

Positioning for Future Objectives

The integration of advanced risk management technologies positions CyberRisk Solutions to meet evolving market demands and achieve its strategic objectives.