Press release can be located here.

The release reads:

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Secure Systems Innovation Corporation (SSIC), the innovators behind X-Analytics, the industry leading cyber risk decisioning platform, enabling cyber resilience for enterprises navigating digital transformation, and the Cyber Risk Institute (CRI) a non-profit coalition of financial institutions and trade associations today announce the X-Analytics SaaS Platform as the first participating application within the CRI Innovator Program.

“Delivering a unified cyber risk assessment approach across the financial sector is critical to achieve cyber resiliency across the sector,” said Josh Magri, CEO of CRI. “We are pleased to announce that CRI Profile assessment results can now be used within X-Analytics. The X-Analytics team are true pioneers, and we welcome them as participants of our newly established Innovator Program,” Magri said.

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The newly formed CRI Innovator Program seeks to accelerate cyber resiliency by connecting the CRI Profile with top innovators driving meaningful transformation to address the challenges of today’s digital world. As the pioneering CRI Innovator Program participant, X-Analytics enables the conversion of CRI Profile assessments into cyber resiliency analysis and financial risk reporting so enterprises can spend smarter, communicate better, and navigate the pathway to cyber resilience with confidence.

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“The Cyber Risk Institute is setting the standard across the financial industry enabling cyber risk assessment unification across the sector,” said John Frazzini, CEO, SSIC. “X-Analytics is uniquely positioned to accelerate a pathway for financial institutions to deliver business resiliency insights and effective cyber risk reporting for all financial firms using the CRI profile.”

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CRI Profile assessment results will be integrated as part of X-Analytics control effectiveness analysis and will be available in Q1 2023.

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About X-Analytics

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X-Analytics the leading cyber risk resiliency platform developed by Secure Systems Innovation Corporation (SSIC) – a cyber risk analytics firm whose mission is to ensure a cyber resilient future. X-Analytics delivers business intelligence unlocking cyber risk strategies most effective to optimize successful business outcomes. X-Analytics is transforming how executives, the boardroom community and the cyber insurance industry effectively manage exposure to cyber risk. For more information, visit the X-Analytics website.

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About Cyber Risk Institute

The Cyber Risk Institute (CRI) is a not-for-profit coalition of financial institutions and trade associations. We’re working to protect the global economy by enhancing cybersecurity and resiliency through standardization. https://cyberriskinstitute.org/ *The CRI Profile is the successor to the Financial Services Sector Coordinating Council (FSSCC) Cybersecurity Profile, a NIST and IOSCO based approach to assessing cybersecurity in the financial services industry.

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Contacts

Press contact: [email protected]

Media: Austin Anton [email protected]

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