Balbix has long been recognized as a leader in exposure assessment, including being highlighted by Gartner as a representative vendor in the Exposure Assessment Platforms (EAP) category.

BIX enables cybersecurity and business leaders to gain insight into their exposures and speed up cyber risk burn down while keeping your cyber risk data private.LAS VEGAS, Aug. 6, 2024 /PRNewswire/ -- Balbix , an AI-powered Cyber Risk and Exposure Management platform, introduced its BIX conversational AI assistant at Blackhat USA 2024. The BIX AI assistant is already in use at many Fortune 1000 companies as part of an early access program.Today, managing cyber risks requires identifying key vulnerabilities and understanding related threats, analyzing attack paths, evaluating the potential impact on business, and assessing how well security controls will work. Each of these tasks requires specific tools, integrations, dashboards, reports, and tickets with remediation steps, as well as dedicated personnel to oversee and manage these activities. However, with vast amounts of data from different sources, it is very challenging to understand and prioritize these risks and act quickly. Communicating cyber risks to those outside the security team is particularly difficult, as they often don't grasp the technical details or the consequences of potential security breaches.Imagine if managing cyber risk was as easy as asking a colleague a question and getting a clear, actionable answer

Join us in returning to NYC on June 5th to collaborate with executive leaders in exploring comprehensive methods for auditing AI models regarding bias, performance, and ethical compliance across diverse organizations. Find out how you can attend here. 2024 is already shaping up to be one of the most stressful years yet for CISOs. They are trying to defend their organizations against a growing number of threats as they increase in speed and complexity, fueled by emerging technologies like generative AI. It doesn’t help that cyber budgets are shrinking and CISOs can now be held personally liable for a breach, as was seen by the precedent-setting verdict against the former Uber CISO. To top it up, 61% of CISOs feel unprepared for a cyber-attack and 68% feel that their organization is at risk of an attack, according to Proofpoint. It’s no wonder that the modern CISO often feels like the scapegoat, with odds stacked against them.In working with hundreds of CISOs across leading Fortune 100 companies globally, I understand their biggest challenges as I help them shift to the role of value creator and trusted partner