Latest news with #ScottKannry


Business Wire
18-06-2025
- Business
- Business Wire
Axio Named a Leader in Industry Cyber Risk Quantification Report
NEW YORK--(BUSINESS WIRE)--Axio, the SaaS platform that empowers organizations to quantify, manage, and communicate cyber risk, has been recognized as a Leader in The Forrester Wave™: Cyber Risk Quantification Solutions, Q2 2025. 'Organizations looking for a holistic cyber program management solution, and that value support for cyber insurance planning and governance, should consider Axio.' Founded in 2016, Axio has redefined how enterprises approach cyber risk by making Cyber Risk Quantification (CRQ) a core element of cybersecurity program evaluation and strategic decision-making. Axio's designation as a Leader in the Forrester Wav e reflects the platform's powerful alignment with the OCTAVE Allegro framework, its unique scenario-based modeling approach, and its unwavering commitment to helping customers prioritize security investments through real-world impact analysis. 'Being named a Leader by Forrester is a testament to our mission—enabling organizations to make data-driven cyber decisions with confidence,' said Scott Kannry, CEO and Co-Founder of Axio. 'This recognition validates the hard work of our team, and the trust placed in us by our customers and partners who are driving a more risk-informed approach to cybersecurity.' Forrester Highlights Axio's Strengths: Impact-Focused Modeling: Axio's CRQ approach quantifies first and third-party financial impacts across tailored cyber scenarios, enabling security leaders to communicate cyber risk in business terms. Comprehensive Capabilities: The platform delivers top-tier scenario scoping, AI-driven recommendations, cyber insurance support, third-party and AI risk analysis, and comparative portfolio assessments. Customer-Centric Innovation: Forrester praised Axio's intuitive dashboards and quantification wizard, which help security teams simplify complex risk data, especially when reporting to boards and executives. Partner Ecosystem & Support: Axio's partner strategy, onboarding experience, and pricing flexibility serve as major differentiators that help customers accelerate CRQ adoption and achieve measurable outcomes. Forrester commends Axio's vision for strategic cyber program management and upcoming enhancements, including control initiative planning and advanced scenario modeling. A Platform Built for Leaders in Security and Governance In a digital era where cybersecurity is a board-level priority, Axio enables organizations to move beyond compliance checklists and embrace a holistic, quantified view of cyber risk. Axio360 is trusted across industries, from critical infrastructure to financial services, to help security and risk leaders make smarter decisions, justify investments, and improve resilience. About Axio Axio is a leading Cyber Risk Quantification (CRQ) SaaS platform that helps organizations understand and manage their cyber risk in financial terms. With a methodology grounded in leading risk frameworks and enriched by AI-assisted insights, Axio empowers organizations to quantify risk exposure, align security investments with impact, and confidently engage stakeholders from the SOC to the boardroom. Founded in 2016, Axio is headquartered in New York City.
Yahoo
18-06-2025
- Business
- Yahoo
Axio Named a Leader in Industry Cyber Risk Quantification Report
NEW YORK, June 18, 2025--(BUSINESS WIRE)--Axio, the SaaS platform that empowers organizations to quantify, manage, and communicate cyber risk, has been recognized as a Leader in The Forrester Wave™: Cyber Risk Quantification Solutions, Q2 2025. Founded in 2016, Axio has redefined how enterprises approach cyber risk by making Cyber Risk Quantification (CRQ) a core element of cybersecurity program evaluation and strategic decision-making. Axio's designation as a Leader in the Forrester Wave reflects the platform's powerful alignment with the OCTAVE Allegro framework, its unique scenario-based modeling approach, and its unwavering commitment to helping customers prioritize security investments through real-world impact analysis. "Being named a Leader by Forrester is a testament to our mission—enabling organizations to make data-driven cyber decisions with confidence," said Scott Kannry, CEO and Co-Founder of Axio. "This recognition validates the hard work of our team, and the trust placed in us by our customers and partners who are driving a more risk-informed approach to cybersecurity." Forrester Highlights Axio's Strengths: Impact-Focused Modeling: Axio's CRQ approach quantifies first and third-party financial impacts across tailored cyber scenarios, enabling security leaders to communicate cyber risk in business terms. Comprehensive Capabilities: The platform delivers top-tier scenario scoping, AI-driven recommendations, cyber insurance support, third-party and AI risk analysis, and comparative portfolio assessments. Customer-Centric Innovation: Forrester praised Axio's intuitive dashboards and quantification wizard, which help security teams simplify complex risk data, especially when reporting to boards and executives. Partner Ecosystem & Support: Axio's partner strategy, onboarding experience, and pricing flexibility serve as major differentiators that help customers accelerate CRQ adoption and achieve measurable outcomes. Forrester commends Axio's vision for strategic cyber program management and upcoming enhancements, including control initiative planning and advanced scenario modeling. A Platform Built for Leaders in Security and Governance In a digital era where cybersecurity is a board-level priority, Axio enables organizations to move beyond compliance checklists and embrace a holistic, quantified view of cyber risk. Axio360 is trusted across industries, from critical infrastructure to financial services, to help security and risk leaders make smarter decisions, justify investments, and improve resilience. About Axio Axio is a leading Cyber Risk Quantification (CRQ) SaaS platform that helps organizations understand and manage their cyber risk in financial terms. With a methodology grounded in leading risk frameworks and enriched by AI-assisted insights, Axio empowers organizations to quantify risk exposure, align security investments with impact, and confidently engage stakeholders from the SOC to the boardroom. Founded in 2016, Axio is headquartered in New York City. View source version on Contacts MediaNicole SundinNSUNDIN@ AxioInfo@ Sign in to access your portfolio
Yahoo
10-04-2025
- Business
- Yahoo
Lockton collaborates with Axio on cyber risk analytics
US-based insurance brokerage Lockton has joined forces with Axio, a specialist in cyber risk quantification technology, to enhance its capabilities in understanding and managing cyber risk. Through the integration of Axio's cyber risk analytics, Lockton aims to enable clients to go beyond 'surface-level' risk evaluations and gain more insights on the potential financial impact of a cyber breach. This initiative is expected to deliver data that businesses require for decision-making related to investments, controls and insurance coverage. Axio's analytical process involves a multi-layered approach that includes assessing the general business disruption, followed by industry-specific impacts, and concluding with insights into the client's operational and technical landscape. Furthermore, the tie-up expands to integration of application programming interfaces (APIs) between the Axio360 platform and Lockton's Scout analytics platform. The tech vendor said that this integration will provide Lockton's cyber brokers with real-time analysis. Lockton US cyber & technology leader Michelle Faylo said: "We are thrilled to partner with Axio to enhance our cyber risk management offerings. This partnership enables us to leverage Axio's advanced tools and expertise, equipping our clients with the most innovative risk quantification solutions, so they can confidently navigate an increasingly complex cyber threat landscape.' Axio CEO Scott Kannry stated: 'Together, we are setting a new standard in cyber resilience and helping businesses make informed decisions to protect their assets. Our partnership with Lockton unites our expertise to ensure businesses receive the most comprehensive support when managing their cyber risks.' This development follows Lockton's formation of a new practice, Lockton Professional and Executive Risk. The practice combines the US-based Lockton Financial Services and International ProFin teams. "Lockton collaborates with Axio on cyber risk analytics " was originally created and published by Life Insurance International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio