Cyber resiliency fuels company growth; new Ponemon Institute study will help define and measure cyber resilience in collaboration with leading organisations worldwide.
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Co3 Systems, the leading Incident Response Platform provider, relaunched today as Resilient Systems, better reflecting the company’s mission to empower organisations globally to thrive in the face of cyberattacks and business crises. With high-profile data breaches the new norm worldwide, Resilient Systems offers a collaborative platform that arms incident response teams with workflows, intelligence, and deep-data analytics to react faster, coordinate better, and respond smarter to security incidents. The Resilient platform has already been adopted by many of the world’s most trusted organisations in the U.S. and Europe.
“As we began working with some of the most respected organisations around the globe, it became clear that they didn’t just want to respond to cyber threats; they wanted to become more resilient in the face of them. It was an obvious choice to change our name to Resilient Systems to better reflect what we do for our customers,” said John Bruce, CEO of Resilient Systems. “Most companies have come to grips with the fact that they’ll suffer a data breach or crisis at some point. That stark reality has driven tremendous interest in our Incident Response Platform from organisations that want to better prepare for and manage these events.”
The launch of Resilient Systems, from Co3 Systems, follows significant validation throughout the last year of the company’s mission to help organisations globally become more cyber resilient. At the beginning of 2014, the company welcomed world-renowned security and privacy expert Bruce Schneier as its first Chief Technology Officer (CTO). A year later under its new name, Resilient Systems has grown revenue by more than 600 percent, and customer count grew by almost 250 percent and now includes 20 Fortune 500 companies – among them some of the top IT companies, global consumer brands, and professional services firms. These customers have managed thousands of incidents using Resilient’s Incident Response Platform.
What is Cyber Resilience?
With global cyberattacks top of mind in both the public and private sectors, the idea of “resilience” continues to emerge as the standard to strive for. Companies are realising that no technology or prevention strategy is completely hack-proof. Expert attackers, with enough time and motivation, will always be a formidable threat.
Resilience puts equal importance on human and tactical components to assess and manage incidents as they occur. It starts with an incident response strategy, and entire organisations – everyone from HR and marketing to the executive team and IT – need to be aware of their role and ready to act if a breach occurs.
“If last year taught us anything as an industry, it’s that identifying and protecting against threats is no longer good enough,” said Schneier. “In this environment, companies have to be resilient in order to survive. This is the decade of response, and organisations have to become faster, better, and smarter. It is why I joined Resilient Systems – to help build a more secure, resilient world.”
Resilient Systems’ award-winning Incident Response Platform is agile, producing instant incident response plans. It allows teams to modify their response to suit organisational needs, and continues to adapt in real time as incidents evolve. Resilient Systems offers both Security and Privacy modules that formulate comprehensive and consistent action plans based on industry standards, best practices, and global regulatory requirements – and are easily customised. The company arms the world’s most trusted organisations with the intelligence, deep-data analytics, best practice action plans, and flexible workflows that they need to react faster, coordinate better, and respond smarter.
The Rise of the Resilient Organisation
“In today’s environment, it has become clear that cyber incidents happen to everyone,” said Kerry Kilker, SVP and CISO at Walmart. “To cope, organisations must blend people, process, and technology in a way that enables a new level of institutional resilience.”
To better understand and define the shift towards cyber resilience, the Ponemon Institute has announced a study that will survey hundreds of organisations about how they define and measure their ability to bounce back after cybersecurity or business crises. As a leading authority on data privacy, data protection, and information security policy, Ponemon has been conducting independent research on these topics since 2002. This research has resulted in trusted annual reports such as its Global Cost of Data Breach Study, Global Study on the Cost of Cyber Crime, and Most Trusted Companies for Privacy, which included multiple Resilient Systems customers in the recently published edition.
“Taking a deeper look into cyber resilience is a natural progression of our research into data privacy and protection that matches the growing reality of today’s environment,” said Larry Ponemon, chairman and founder of the Ponemon Institute. “By gaining a better understanding of what it means for organisations to be resilient and how they measure their own capabilities, we’ll be able to offer valuable information for others to consider in improving the strength of their own organisations.”
Those looking to take part in the Ponemon Institute’s study on cyber resilience can find more information at www.ponemon.org.
For more information on Resilient Systems’ award-winning Incident Response Platform, visit ResilientSystems.com.
About Resilient Systems
Resilient Systems (formerly Co3 Systems) is the leading Incident Response Platform provider, empowering organisations to thrive in the face of cyberattacks and business crises. Our collaborative platform arms incident response teams with workflows, intelligence, and deep-data analytics to react faster, coordinate better, and respond smarter. Headquartered in Massachusetts, USA, Resilient Systems’ customers are some of the world’s most trusted organisations. Visit us at resilientsystems.com.