DENVER--(BUSINESS WIRE)--CyberGRX today has been named one of 10 finalists for the 2018 RSA® Conference Innovation Sandbox Contest for its work in transforming third-party cyber risk management. On Monday, April 16, CyberGRX will present its third-party cyber risk management platform to a panel of industry veteran judges and a live audience in a three-minute quick-pitch, competing for the coveted title of “Most Innovative Start Up” at RSA Conference 2018 in San Francisco.
RSAC Innovation Sandbox Contest is the leading platform for entrepreneurial cyber security companies to launch their ground-breaking research and innovation in front of venture capitalists, industry experts, senior level business practitioners and thought leaders. The event gives startups the kind of visibility and validation that turn into rapid growth and increased funding.
“If you look at RSAC Innovation Sandbox contestants from the last five years alone, you’ll see more than $1.38 billion in combined investments and 12 acquisitions, proving the businesses that take this stage gain exposure to the right people at the right time to launch them to success,” said Sandra Toms, vice president and curator for RSA Conferences. “The submissions this year were noticeably competitive as we received exceptional entries from across the globe. I have no doubt this year’s presentations will be a must-see at RSA Conference.”
CyberGRX brings efficiency, scalability and accuracy to third-party programs across the globe. The CyberGRX Exchange is a central hub where enterprises and third parties can easily access, order and share dynamic, risk-based assessment data. CyberGRX assessments are offered as a managed service and include a corresponding level of validation. CyberGRX’s dynamic assessments, actionable dashboards and advanced analytics provide organizations with an up-to-date view of risk, so they can quickly identify and prioritize gaps, generate mitigation insights and continuously monitor their ecosystem.
“At a time when effectively managing third-party risk is central to business success, our recognition as an Innovation Sandbox finalist represents ongoing momentum and validation for CyberGRX and our modern approach to third-party risk management,” said Fred Kneip, CEO and founder of CyberGRX. “When you look at the roster of companies that have participated in this annual competition, it is truly an honor to be named among this year’s finalists. We look forward to showcasing the CyberGRX Exchange onstage at the RSA Conference next month.”
The RSAC Innovation Sandbox Contest will begin at 1:30 p.m. PT on April 16 at the Marriott Marquis in the Yerba Buena Ballroom. Dr. Herbert (Hugh) Thompson returns to emcee the contest, and the panel of five judges includes Asheem Chandna, partner at Greylock Partners; Gerhard Eschelbeck, vice president of security and privacy engineering at Google; Niloofar Razi Howe, tech investor and entrepreneur; Patrick Heim, operating partner and chief information security officer at ClearSky; and Paul Kocher, entrepreneur, researcher and IT security expert. The winner will be announced in front of a live audience later that day at 4:30 p.m. PT.
More information regarding RSA Conference 2018, taking place at the Moscone Center and the Marriott Marquis in San Francisco from April 16-20, can be found at: www.rsaconference.com.
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, monitor and mitigate risk in their partner ecosystems. Based in Denver, CO, CyberGRX was designed with partners including ADP, Aetna, Blackstone and MassMutual, and is backed by Allegis Capital, Bessemer Venture Partners, Blackstone, ClearSky, GV (formerly Google Ventures), MassMutual Ventures, Rally Ventures and TenEleven Ventures. For more information, visit www.cybergrx.com or follow @CyberGRX on Twitter.
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