Lucideus Launches SAFE to Keep Customers Safe from Cyber Threats

It leverages it's wide array of control feeds to self learn and evolve to more intelligent decision making using machine learning techniques

Update: 2017-05-10 15:31 GMT
Insurers are struggling to estimate their potential exposure to cyber-related losses amid mounting cyber risks and interest in cyber insurance.

Lucideus, an IT Risk Assessment and Digital Security platforms provider today announced the launch of their enterprise cyber risk management platform - SAFE, a dynamic and self evolving platform which is expected to transform the way the C-suite, boardrooms, investors and the regulators look at cybersecurity today.

SAFE (Security Assessment Framework for Enterprise), an on premise deployment platform operates as an abstract layer that integrates on top of an organisation's existing technology and security stack to aggregate control probing of it's 2,500 control library both in an agent-less and agent-based probing to come up with real time analysis on a company's cyber security posture - one, at a macro level (organisation wide) and second, at a micro level (asset wise). It leverages it's wide array of control feeds to self learn and evolve to more intelligent decision making using machine learning techniques, while ensuring the simplicity of the output being given in the form of a number between 0-5 being updated in real time simply via an app on the phone. It mathematically includes the enlisted controls (that's updated daily via cloud sync) along with taking into account the known unknown controls for a precise cyber risk scoring framework for an organisation.

SAFE is unique in many ways. Some of them include:

- Industry Insights - A company can compare their cyber security posture across their peers from the industry (locally and internationally) with the same yard stick of comparison

- Hack Simulation - Virtually simulate real hacks to find out one's cyber defence posture against them

- Compliance Management - Assess and track one's compliance posture, both regulatory and internal, to their current level of maturity across 19 globally accepted and recognised cyber security compliance frameworks

- DDoS Simulation - Simulate real world DDoS attacks on one's network and web infrastructure and test resilience against the same

- Cyber Security Budget Tracking - Plan and track one's enterprise wide cyber security budgets with clear KPIs to be able to justify the ROI for the spend

Jonathan Boutelle, ex Director of Technology @ LinkedIn/SlideShare said, “While businesses are making a shift from physical to digital across industries, both the attacks and the attackers maturity is going up exponentially. At such times, platforms like SAFE enables the leadership teams to ensure a firm grip on their cyber risk that in most cases is directly proportional to business risks. SAFE's technology offers a fresh look at organisation-wide cyber security posture that has the potential to disrupt the market globally. ”

Further, talking about the platform, Saket Modi said, “SAFE can safeguard you against multiple kinds of advanced cyber attacks. For example, today attacks like ransomware are a growing concern. There has been a rise of more than 40% ransomware incidents globally last year. SAFE used with any of the reputed anti-malware solution reduces the probability of a Ransomware hack by over 50%. There are many such examples that can be sighted that makes SAFE a one-of-it's kind platform.”

Similar News