About

Obsidian Security focuses on protecting Software as a Service (SaaS) applications from cybersecurity threats and ensuring compliance with regulations. Their platform consolidates data from various SaaS applications into a unified knowledge graph, allowing businesses to monitor risk and compliance without needing deep expertise in each application. They offer services such as continuous compliance monitoring, incident response, and third-party SaaS risk monitoring, which help companies manage their SaaS security effectively and cost-efficiently. What sets Obsidian apart from competitors is its ability to learn from each threat it mitigates, continuously improving its solutions based on extensive research and expertise in SaaS security. The goal of Obsidian Security is to provide businesses with a reliable and efficient way to safeguard their SaaS applications and reduce risks associated with third-party integrations.

Simplify's Take

What believers are saying

• Recognition as a Strong Performer by Forrester Wave highlights Obsidian's robust market position and potential for growth.
• Availability on platforms like Google Cloud Marketplace and CrowdStrike Marketplace increases accessibility and potential customer base.
• Strategic appointments, such as the former Global CISO of Wells Fargo joining the board, bring valuable expertise and strengthen leadership.

What critics are saying

• The rapidly evolving cybersecurity landscape requires constant innovation to stay ahead of emerging threats, posing a continuous challenge.
• Dependence on partnerships for market expansion could be risky if these alliances falter or competitors form stronger collaborations.

What makes Obsidian Security unique

• Obsidian Security's focus on SaaS security and its ability to consolidate and normalize data into a unified knowledge graph sets it apart from traditional cybersecurity firms.
• Their continuous improvement cycle, which learns and enhances with every threat mitigated, provides a dynamic edge over static security solutions.
• Partnerships with industry leaders like CrowdStrike and Databricks enhance their credibility and expand their market reach.