Balbix accomplished many milestones in 2019. We grew our revenue more than 4x, closed several multi-million-dollar contracts, and with over fifty large enterprises in production we continue to extend our leadership in the emerging cyber-risk visibility and transformation market.
The enterprise attack surface is exploding. CISOs and CIOs are struggling with poor visibility of their cybersecurity posture and don’t really know which of their projects have meaningful impact on reducing their breach risk. The industry spends over $25B/year in understanding cyber risk, but this expense is ineffective with organizations getting breached repeatedly due to some weakness in their defenses. Analyzing and improving cybersecurity posture is not a human-scale problem anymore. In 2019 we saw this insight resonate in conversation with hundreds of prospects across four continents.
This is Balbix’s opportunity to disrupt and redefine: using AI to enable organizations to gain 100x better understanding of their cybersecurity posture, and then use our insights, gamification and orchestration capabilities to transform their cybersecurity posture and become cyber-resilient. By becoming the…
