RiskLens Wins Best Cyber Risk Product at 2016 Operational Risk Awards

Business Wire

Recognition confirms RiskLens as the product leader in cyber risk quantification

RESTON, Va.--(BUSINESS WIRE)-- RiskLens, the premier provider of cyber risk management software, today announced it was awarded Best Cyber Risk/Security Product at the 2016 Operational Risk Awards dinner this week at the Victoria Plaza Hotel in London.

The OpRisk Awards dinner was attended by more than 100 operational risk and information security practitioners attending CyberRisk Europe, to honor excellence in operational and cyber risk management. The 2016 awards were decided by an expert panel of senior industry practitioners assembled by Risk.net.

Entries in the Best Cyber Risk/Security Product category had to show ways in which the product has improved the cybersecurity risk profile at financial institutions against online attack, whether fraud, theft, vandalism, denial of service or IP/data theft.

“We are honored to receive such a prestigious award. An industry recognition like this validates our standards-based approach to quantifying cyber risk in financial terms and gives our customers the assurance they need to know they are working with the best in the business,” said RiskLens CEO Nicola ‘Nick’ Sanna. “Organizations now more than ever are choosing RiskLens to translate cyber risk into financial terms and into a language that business and board directors can understand; a language that enables cost-effective security and risk decision making.”

About RiskLens

RiskLens is the premier provider of cyber risk management software. RiskLens empowers large enterprises and government organizations to manage cyber risk from the business perspective by quantifying it in dollars and cents.

Our customers leverage RiskLens to understand their cyber risk exposure in financial terms, prioritize their risk mitigations, measure the ROI of their security investments, and optimize their cyber insurance coverage. RiskLens is the only cyber risk management software purpose-built on FAIR, the only international standard Value at Risk (VaR) model for cyber security and operational risk.

For more information visit the RiskLens website at www.risklens.com.