Safe Security Acquires RiskLens

AI driven risk assessment company Safe Securities has acquired risk management startup RiskLens. for an undisclosed price.

RiskLens offers cyber risk management software designed to empower risk, and CISO manage their cyber risk from a business perspective by quantifying it financially.

The platform allows for the management of digital risk by helping users understand risks in financial terms to improve decision-making across the C-suite and board. The platform prioritizes cybersecurity projects relative to the risk they reduce, measuring their value and optimizing spending, all while improving the quality, consistency, and scalability of cyber risk management programs.

The acquisition by Safe Security will see the RiskLens Cyber Risk Quantification Standard Factor Analysis of Information Risk or FAIR combined with Safe Security’s AI-powered automated Cyber Risk Management platform, called SAFE.

FAIR’s decision science methodology will be integrated into Safe Security’s Cyber Risk Cloud of Clouds platform, which processes more than 3 billion signals daily. This integration will enhance the defensibility of Safe Security’s AI-driven breach prediction and prevention recommendations.

As part of the acquisition, Nick Sanna, formerly chief executive officer of RiskLens, will join Safe Security as president and will continue to lead the FAIR Institute.