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CyberGRX : Takes Home Gold in 2019 Cyber Defense Magazine InfoSec Awards and Info Security PG's 2019 Global Excellence Awards®

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03/06/2019 | 10:07am EDT

The CyberGRX Exchange Transforms How Organizations Work with Third-Parties; Wins Gold for Best Vendor Risk Management

CyberGRX, provider of the world’s first and largest global cyber risk exchange, today announced that their Exchange has been named a winner in both the 2019 Cyber Defense Magazine InfoSec Awards and the 15th Annual Info Security PG’s Global Excellence Awards®. The CyberGRX Exchange was recognized as the Breakout Third-Party Risk Management (TPRM) solution by CDM, and best in Vendor Risk Management by ISPG. Both programs honor organizations that offer state-of-the-art security products and services. These awards reinforce the market’s desire for a new approach to third-party cyber risk management, which has been illustrated by the rapid adoption of the CyberGRX Exchange. In the last 12 months alone, CyberGRX has seen over 1,000 percent growth in both annual revenue, and in companies on the Exchange.

“We are proud to see the industry-leading CyberGRX exchange recognized by both Cyber Defense Magazine and Info Security Products Guide,” says Fred Kneip, CEO of CyberGRX. “We are solving an industrywide issue. Behind this success is our relentless drive to stay customer focused. These honors from Cyber Defense Magazine and Info Security Products Guide are a testament to this work, and further validate our commitment to our customers’ security needs.”

Any company that shares data with third parties is in a race with hackers. To take the lead, it is critical for organizations, big and small, to identify the vulnerabilities within their digital ecosystem before attackers do. The CyberGRX Exchange is the most cost-effective and easiest way to identify, prioritize and minimize risk, for both third parties and their upstream partners. The Exchange, built on a shared cost model, features comprehensive, standardized assessments as well as advanced analytics to turn that data into actionable insights and augment teams to achieve more with existing resources.

“Isn’t it time to stop the breaches and get one step ahead of the next threat? CyberGRX has won the Breakout Third-Party Risk Management (TPRM) InfoSec Award from our magazine because they are an innovator that might actually help you reach this goal and defeat the next generation of exploiters,” said Gary S. Miliefsky, CEO of Cyber Defense Media Group, which is in its 7th year of publishing Cyber Defense Magazine and running these independent and prestigious awards.

CyberGRX will be showcasing their award-winning Exchange at RSA 2019 in the South Expo Hall at Booth #3424. To keep up to date on the company’s latest announcements, or to connect with their experts while at the conference, please visit https://www.cybergrx.com.

About CDM InfoSec Awards
This is Cyber Defense Magazine’s seventh year of honoring InfoSec innovators. Our submission requirements are for any startup, early stage, later stage or public companies in the INFORMATION SECURITY (INFOSEC) space who believe they have a unique and compelling value proposition for their product or service. Learn more at www.cyberdefenseawards.com

About the Judging
The judges are CISSP, FMDHS, CEH, certified security professionals who voted based on their independent review of the company submitted materials on the website of each submission including but not limited to data sheets, white papers, product literature and other market variables. CDM has a flexible philosophy to find more innovative players with new and unique technologies, than the one with the most customers or money in the bank. CDM is always asking “What’s Next?” so we are looking for Next Generation InfoSec Solutions.

About Cyber Defense Magazine
With over 1.4 Million annual readers and growing, and over 7,000 pages of searchable online infosec content, Cyber Defense Magazine is the premier source of IT Security information. We are managed and published by and for ethical, honest, passionate information security professionals. Our mission is to share cutting-edge knowledge, real-world stories and awards on the best ideas, products and services in the information technology industry. We deliver electronic magazines every month online for free, and limited print editions exclusively for the RSA conferences and our paid subscribers. CDM is a proud member of the Cyber Defense Media Group. Learn more about us at http://www.cyberdefensemagazine.com and visit http://www.cyberdefensetv.com and http://www.cyberdefenseradio.com to see and hear some of the most informative interviews of many of these winning company executives.

About Info Security PG’s Global Excellence Awards
Info Security Products Guide sponsors the Global Excellence Awards and plays a vital role in keeping end-users informed of the choices they can make when it comes to protecting their digital resources and assets. It is written expressly for those who are adamant on staying informed of security threats and the preventive measure they can take. You will discover a wealth of information in this guide including tomorrow's technology today, best deployment scenarios, people and technologies shaping cyber security and industry predictions & directions that facilitate in making the most pertinent security decisions. Visit www.infosecurityproductsguide.com for the complete list of winners.

About CyberGRX
CyberGRX provides enterprises and their third parties with the most cost-effective and scalable approach to third-party cyber risk management today. Built on the market's first third-party cyber risk Exchange, CyberGRX arms organizations with a dynamic stream of third-party data and advanced analytics helping organizations efficiently manage risk in their partner ecosystems. Based in Denver, CO, CyberGRX was designed with partners including Aetna, Blackstone and MassMutual. For more information, visit www.cybergrx.com or follow @CyberGRX on Twitter.


© Business Wire 2019
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