Boston Meridian is pleased to announce the acquisition of RiskLens by Safe Security. RiskLens is a leading provider of risk quantification solutions to assess and manage cyber risk in financial terms. RiskLens pioneered the FAIR model of cyber risk quantification and established a trusted standard for measuring cyber risk, supported by over fourteen thousand practitioners, representing 50% of Fortune 500 companies.
“As part of our roadmap, we will be embedding the FAIR decision science methodology into our Cyber Risk Cloud of Clouds platform that processes over 3 Billion signals per day, enhancing the defensibility of our AI-driven breach prediction and prevention recommendations. This acquisition accelerates our mission of becoming the de-facto industry standard to measure, manage, and transfer cyber risk,” said Saket Modi, CEO and Co-Founder at Safe Security.
“Many boards are struggling on how to quantify their cyber risk, especially in wake of the upcoming SEC regulations. With this acquisition, SAFE is shaping the risk quantification and management market with a standards-based approach coupled with automation,” says Michael Montoya, CISO at Equinix. “Our customers have been asking to combine the rigor of FAIR analyses with automation to scale their cyber and enterprise risk management practices. We looked for a partner to accelerate the fulfillment of this vision and SAFE became the obvious choice because of the shared vision for the industry,” said Nick Sanna, CEO of RiskLens.
Boston Meridian is an innovative investment bank that provides M&A and capital raising advisory services to leading technology companies. We leverage senior partner expertise to unlock the strategic value of technology and achieve rapid and unparalleled results for our clients.