Jim Penrose

BlueVoyant, a cybersecurity services company, announces a strategic partnership with Argos Risk, a provider of financial risk intelligence. The alliance will see data from Argos Risk’s AR Surveillance™ solution utilised in BlueVoyant’s third-party Cyber Risk Management (CRx) suite of services. The aggregated, complementary third-party risk data will better enable BlueVoyant to provide customers with clarity into their own security posture, and visibility across their vendor ecosystem. This will be particularly valuable to high-target industries. Cyber risk security posture “Argos Risk feeds non-cyber related insights from key sectors into BlueVoyant’s CRx services, allowing for a more holistic view of a business’ third-party cyber risk security posture.” “This enables it to directly address its clients' exposure to cyber risk throughout the supply chain, enabling them to take immediate action,” says Jim Penrose, Chief Operating Officer at BlueVoyant. “We are extremely excited to partner with a world-class cybersecurity organisation such as BlueVoyant,” says Lori Frank, President and CEO at Argos Risk. Outstanding customer service “Offering large enterprises impactful intelligence, utilising our data, further demonstrates BlueVoyant’s dedication and focus on delivering best-of-breed cybersecurity technology and outstanding customer service to businesses around the world,” added Frank. BlueVoyant’s managed CRx services make it easier for organisations to quantify and manage third-party cybersecurity risks, to an agreed risk tolerance. This exceeds simply identifying cyber risk, which alone isn’t enough; it measurably reduces clients’ exposure to the real threats to their businesses.

BlueVoyant, a cyber security services company, announced the launch of its Cyber Risk Management (CRx) suite of services for business ecosystems, including entire supply chains and investment portfolios. BlueVoyant’s CRx service actively manages third-party cyber security on behalf of clients to an agreed risk tolerance, accommodating existing client risk methodologies. BlueVoyant supports all activities within the life cycle, such as information assessment and analysis, remediation and execution, including close collaboration with business partners. National cyber resilience “Clients want an end-to-end solution; just identifying cyber risk isn't enough - they need to actually fix it. We built our CRx service to do just that. We do the heavy lifting needed for triaging, prioritisation and outreach, so it's not just another CISO dashboard - we reduce clients' exposure to the real threats to their business, 24/7,” comments Jim Penrose, Chief Operating Officer at BlueVoyant. BlueVoyant’s CRx service supports the following use-cases: Cyber Risk Management for Investors (CRi): For Investors and portfolio managers Vendor Risk Management (CR3): For CISO, CIOs and third-party risk teams Cyber Risk Management for Critical National Infrastructure (CRni): For national cyber resilience Cyber Risk Management for Subsidiaries (CRs): For Global and Group CISOs Cyber security posture The launch of CRx coincides with the publication of new global research: ‘Global Insights: Supply Chain Cyber Risk’ “BlueVoyant’s cyber risk management service provides our portfolio companies with additional protection through outside-in continuous monitoring. Its service helps identify, prioritise and remediate critical risks and vulnerabilities and support our portfolio companies in reinforcing their cyber security posture,” says BC Partners, a renowned alternative investment manager, and an early adopter of BlueVoyant’s Cyber Risk Management for Investors (CRi) solution. The launch of CRx coincides with the publication of new global research: ‘Global Insights: Supply Chain Cyber Risk’, commissioned by BlueVoyant, and conducted with over 1,500 CISOs, CIOs and CPOs. The research revealed that 80% of global organisations have experienced one or more cyber security breaches, originating from vulnerabilities in their vendor ecosystem, in the last 12 months. Supply chain vulnerabilities “BlueVoyant’s managed CRx services make it easier for organisations and investors to quantify and manage third-party security risks. This is achieved through offering external visibility into the risk posture of vendors or investment targets during the onboarding and due diligence phases. This enables organisations to directly address the supply chain vulnerabilities that we have uncovered in our new global research,” adds Robert Hannigan, Chairman at BlueVoyant International.