PORTLAND, Ore.--(BUSINESS WIRE)--NAVEX Global®, the leader in integrated risk and compliance management solutions, today announced the company has been named as a Leader in Gartner, Inc.’s Magic Quadrant for IT Risk Management Tools report. The company’s integrated risk management solution, Lockpath, has been named in every IT Risk Management Magic Quadrant since the report’s inception in 2015.
According to the report, “A continually heightened focus on cybersecurity initiatives has led to heightened interest in ITRM capabilities specific to cyber risk. Interest in ITRM initiatives is expected to persist due to cybersecurity and privacy mandates and a digitally enabled, remote, plus hybrid business operating environments.” Gartner’s Magic Quadrant helps security and risk management leaders evaluate this growing and dynamic market. Technology providers recognized in Gartner’s Magic Quadrant reports are evaluated based on two dimensions: the ability to execute and completeness of vision.
“The need to prioritize IT risk management efforts was put on full display the past year. From ongoing disruption caused by the COVID-19 pandemic, the acceleration of digital transformation efforts, and increased potentiality of cyberattacks and data breaches, companies’ threat landscapes are changing by the minute,” said Haywood Marsh, General Manager of NAVEX Global’s Lockpath business unit. “An integrated approach is the best way to fully address the breadth of IT risks and threats to the business. We believe Gartner’s latest research confirms our vision and ability to execute and we appreciate the continued recognition as a Leader.”
NAVEX Global’s integrated risk management SaaS solution, Lockpath, provides robust risk solutions for IT and information security professionals. The solution supports both strategic and tactical IT risk management programs while providing visibility into IT and digital risks, and potential risks, for executives, boards of directors and line of business managers.
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Gartner Magic Quadrant for IT Risk Management, Brent Predovich, Claude Mandy, 13 September 2021
About NAVEX Global
NAVEX Global is the worldwide leader in integrated risk and compliance management software and services. Our solutions are trusted by thousands of customers around the globe to help them manage risk, address complex regulatory requirements, build corporate ESG programs and foster ethical workplace cultures. For more information, visit NAVEX Global’s website and our Risk & Compliance Matters blog. Follow us on Twitter and LinkedIn.