Fintech News Risk Management

Axio Named a 2020 Gartner Cool Vendor in Integrated Risk Management

Cyber Risk Management Leader Axio Closes Investment from Fin Venture Capital, IA Capital Group and NFP Ventures

Company recognized for Axio360 in Gartner research designed for interesting, new and innovative vendors, products and services

Axio, a leading cyber risk management Software-as-a-Service company, has been named by Gartner in the May 2020 “Cool Vendors in Integrated Risk Management” report.

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Axio360 enables all key stakeholders to achieve a shared understanding of cyber risk and confidently optimize technical and financial controls to protect the business. By focusing on the financial impact of the risk, Axio helps company executives and board members understand the value of their cybersecurity investments in relation to their overall business objectives.

“We are honored to be recognized by Gartner. We believe the recognition validates our ability to help organizations lift the fog of fear, gain a simplistic understanding of their cyber risk, and have confidence in putting together a more mature net of technical and financial controls. Axio’s software helps enterprises avoid the cyber arms race to make the right investments and tradeoffs to protect their business,” said Scott Kannry, Founder and CEO of Axio.

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Axio360 was born from the creators of widely utilized cyber risk management frameworks, especially in United States critical infrastructure industries. The platform’s methodology helps companies identify all relevant, potential cyber risks across business units, estimate all-in costs of exposure and evaluate how specific controls and mitigations will reduce risk. Currently 700+ organizations trust Axio’s software to help better manage their cybersecurity risk.

“At Axio, we’ve built our company to help our clients increase their cybersecurity confidence and embark on a journey of continual improvement,” said Dave White, Founder and President of Axio. “We are proud to be recognized by Gartner. From our view, our cross-disciplinary approach and belief that cybersecurity is a business problem that requires a business solution. That’s truer now than ever before, with the risk steadily increasing while financial resources to act become scarcer by the day.”

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