RiskLens has integrated its cyber risk quantification platform with ServiceNow’s Governance, Risk, and Compliance application in an effort to help organizations manage their security posture.
The integrated offering is designed to help clients quantify the cyber risk of an organization in financial terms and export data from the analysis back into a risk register, RiskLens said Tuesday.
"In order to drive effective, Integrated Risk Management programs, organizations need to be able to prioritize and respond to risk based on the impact to the business,†said Sean Convery, vice president and general manager of security and risk business at ServiceNow.
RiskLens CEO Nick Sanna added the partnership seeks to facilitate the "technical conversation of cyber risk into financial terms that the business can understand."
Both companies presented their joint project at the 2019 RSA Conference in San Fransico and will release a series of tools to educate customers about the combined offering.