Welcome!

Related Topics: SYS-CON MEDIA, Cloud Security

SYS-CON MEDIA: Blog Post

Agiliance Offers Context-Aware, Scalable Risk Management Infrastructure

Interview with Torsten George, Vice President Worldwide Marketing and Products, Agiliance Inc.

Thanks for taking the time to answer my questions. Please tell us, what is Agiliance all about and what do you do?

Torsten George: Cyber-attacks, insider threats, monetary fraud, and data breaches - affecting some of the world's most renowned organizations - make headlines every day. At the same time, the worst economic downturn since the 1930s has focused intense attention on inadequate risk management and the effectiveness of governance practices. The key to addressing these complex, interlocking problems is implementing a context-aware, scalable risk management infrastructure that makes risk visible, measurable, and actionable across financial, operational, and security domains.

That's where Agiliance® comes into play. We're known as the Big Data Risk CompanyTM and leading independent provider of integrated solutions for operational and security risk programs. Our mission is to help organizations to unlock and use their knowledge of risk to optimize business investments and performance.

As the pioneer of the Big Data Risk Management category, we're disrupting the established practice of performing risk management as continuous consulting, replacing it with continuous, automated software-based monitoring.

What are you launching at RSA?

George: Agiliance is launching RiskVisionTM 7, which redefines the management of enterprise and supplier risk, regulatory compliance, security, and incidents using a big data-driven model. RiskVision 7 performs near real time analysis of petabytes of governance and security risk data to accelerate incident response actions, identify cross-domain threats, automate process change, speed user productivity, scale operational efficiency, and ultimately assess risk based on business impact.

Organizations are operating in a dynamically changing risk ecosystem, which is characterized by mushrooming government regulations (e.g., UK FSA, Singapore MAS) that scrutinize inadequate, assessment-based risk management and governance practices, as well as new cyber-attack vectors such as bring-your-own-devices (BYOD) and an organization's supply chain. As a result, it has become imperative to strategically align datacenter operations, cloud operations, and supplier services with accurate risk prioritization, remediation, and audit reporting.

RiskVision 7 addresses these market requirements by enabling continuous diagnostics and remediation on more than one million assets and correlating threats, vulnerabilities, controls testing, and policies for near real-time risk management. It is also the only commercial integrated risk management system in production for enterprise and supplier incident response with a ten-thousand practitioner deployment.

Who is your target audience and how do you intend to reach them?

George: Agiliance's priority target segments are Global 2,000 companies and government agencies in North America, Europe, Singapore, and Australia. These organizations face complex threats and compliance requirements, have mature security defenses, and typically have implemented failed silo-based departmental approaches to risk management. Target buyers for Agiliance solutions are the Chief Information Security Officer, or their superior, normally the Chief Information Officer or Chief Risk Officer.

I'd be curious to hear any general thoughts you have on market trends...

George: For 2014 we predict five major trends: #1 Organizations will finally transition away from a compliance, check-box mentality and adapt a risk-based, pro-active approach. This trend is primarily driven by the realization that you can schedule an audit, but you cannot schedule a cyber security attack. Furthermore, we are foreseeing as the #2 trend that legislation and industry standards will shift their focus from providing mandates for preventive measures to risk awareness and remediation response. Early examples in this context are MAS, OCC Guidance, and PCI DSS 3.0. For instance, introducing set response times in Singapore MAS is challenging  organizations to change their culture. #3 We foresee that threats will finally be recognized as one of the main factors that determine risk. In support of the adoption of threat modeling and intelligence feeds, standards such as VERIS and STIX will emerge. Confirmation for this trend can be seen by the growing number of threat intelligence feed vendors; notably four out of the ten RSA Sandbox Innovation Awards finalists are tied to threat intelligence. #4 Based on the uptick in cyber-attacks targeting the supply chain, we predict that vendor risk management will completely change. The days where end user organizations relied on vendor risk assessments via questionnaires are coming to an end. Instead end user organizations will turn the table on their suppliers and in case of software vendors require an independent accreditation certification before allowing the technology to be deployed in the enterprise. And last, but not least we anticipate 2014 to be the break-through year for Managed Security Services. This is simply based on the fact that the data volume, velocity, variety, and complexity is overwhelming many organizations. Thus, outsourcing of threat diagnostics and remediation responses will be highly accepted service.

What is the viral aspect of your product?

George: It's only February and we've already experienced several massive data breaches at Target and Neiman Marcus. Any time that there is a data breach intense attention is being put on inadequate risk management and the effectiveness of governance practices, offering Agiliance ways to provide public commentary and then take these media clips viral.

What's the business model? How will you make money?

George: Agiliance's business model is best described as Managing Risk-as-a-ServiceTM (M-RaaS). The RiskVision solution is delivered by a broad range of organizations, both on-demand and on-premise, across a mix of physical and virtual environments. This flexibility allows customers to purchase according to their organizational maturity and scale; allowing them to extend usage as their maturity increases.

RiskVision pricing is based on number of applications, connectors, and managed assets. The platform and the majority of content are covered by annual subscriptions. Pricing starts at $25,000 per application per year with cumulative volume discounts for all applications, connectors, and managed assets purchased.

More Stories By Xenia von Wedel

Xenia von Wedel is a Tech blogger and Enterprise Media Consultant in Mountain View, serving clients in a variety of industries worldwide. She is focused on thought leadership content creation and syndication, media outreach and strategy. She mainly writes about Enterprise, B2B solutions, social media and open source software, but throws the occasional oddball into the mix. Buy her a coffee if you like her article: http://xeniar.tip.me

Latest Stories
Tintri VM-aware storage is the simplest for virtualized applications and cloud. Organizations including GE, Toyota, United Healthcare, NASA and 6 of the Fortune 15 have said "No to LUNs." With Tintri they manage only virtual machines, in a fraction of the footprint and at far lower cost than conventional storage. Tintri offers the choice of all-flash or hybrid-flash platform, converged or stand-alone structure and any hypervisor. Rather than obsess with storage, leaders focus on the business app...
The best way to leverage your Cloud Expo presence as a sponsor and exhibitor is to plan your news announcements around our events. The press covering Cloud Expo and @ThingsExpo will have access to these releases and will amplify your news announcements. More than two dozen Cloud companies either set deals at our shows or have announced their mergers and acquisitions at Cloud Expo. Product announcements during our show provide your company with the most reach through our targeted audiences.
SYS-CON Events announced today that Cloud Academy will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Cloud Academy is the industry’s most innovative, vendor-neutral cloud technology training platform. Cloud Academy provides continuous learning solutions for individuals and enterprise teams for Amazon Web Services, Microsoft Azure, Google Cloud Platform, and the most popular cloud computing technologies. Ge...
Cloud Expo, Inc. has announced today that Aruna Ravichandran, vice president of DevOps Product and Solutions Marketing at CA Technologies, has been named co-conference chair of DevOps at Cloud Expo 2017. The @DevOpsSummit at Cloud Expo New York will take place on June 6-8, 2017, at the Javits Center in New York City, New York, and @DevOpsSummit at Cloud Expo Silicon Valley will take place Oct. 31-Nov. 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
"A lot of the enterprises that have been using our systems for many years are reaching out to the cloud - the public cloud, the private cloud and hybrid," stated Reuven Harrison, CTO and Co-Founder of Tufin, in this SYS-CON.tv interview at 16th Cloud Expo, held June 9-11, 2015, at the Javits Center in New York City.
In his keynote at 19th Cloud Expo, Sheng Liang, co-founder and CEO of Rancher Labs, discussed the technological advances and new business opportunities created by the rapid adoption of containers. With the success of Amazon Web Services (AWS) and various open source technologies used to build private clouds, cloud computing has become an essential component of IT strategy. However, users continue to face challenges in implementing clouds, as older technologies evolve and newer ones like Docker c...
20th Cloud Expo, taking place June 6-8, 2017, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy.
Bert Loomis was a visionary. This general session will highlight how Bert Loomis and people like him inspire us to build great things with small inventions. In their general session at 19th Cloud Expo, Harold Hannon, Architect at IBM Bluemix, and Michael O'Neill, Strategic Business Development at Nvidia, discussed the accelerating pace of AI development and how IBM Cloud and NVIDIA are partnering to bring AI capabilities to "every day," on-demand. They also reviewed two "free infrastructure" pr...
Have you ever noticed how some IT people seem to lead successful, rewarding, and satisfying lives and careers, while others struggle? IT author and speaker Don Crawley uncovered the five principles that successful IT people use to build satisfying lives and careers and he shares them in this fast-paced, thought-provoking webinar. You'll learn the importance of striking a balance with technical skills and people skills, challenge your pre-existing ideas about IT customer service, and gain new in...
The Internet of Things will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, demonstrated how to move beyond today's coding paradigm and shared the must-have mindsets for removing complexity from the develop...
SYS-CON Events announced today that Catchpoint Systems, Inc., a provider of innovative web and infrastructure monitoring solutions, has been named “Silver Sponsor” of SYS-CON's DevOps Summit at 18th Cloud Expo New York, which will take place June 7-9, 2016, at the Javits Center in New York City, NY. Catchpoint is a leading Digital Performance Analytics company that provides unparalleled insight into customer-critical services to help consistently deliver an amazing customer experience. Designed ...
Column Technologies exhibited at SYS-CON's @DevOpsSummit at Cloud Expo, which took place at the Javits Center in New York City, NY, in June 2016. Established in 1998, Column Technologies is a global technology solutions provider with over 400 employees, headquartered in the United States with offices in Canada, India, and the United Kingdom. Column Technologies provides “Best of Breed” technology solutions that automate the key DevOps principals and help our customers meet today’s DevOps and Dig...
Have you ever noticed how some IT people seem to lead successful, rewarding, and satisfying lives and careers, while others struggle? IT author and speaker Don Crawley uncovered the five principles that successful IT people use to build satisfying lives and careers and he shares them in this fast-paced, thought-provoking webinar. You'll learn the importance of striking a balance with technical skills and people skills, challenge your pre-existing ideas about IT customer service, and gain new in...
@DevOpsSummit at Cloud taking place June 6-8, 2017, at Javits Center, New York City, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long developm...
Ayehu provides IT Process Automation & Orchestration solutions for IT and Security professionals to identify and resolve critical incidents and enable rapid containment, eradication, and recovery from cyber security breaches. Ayehu provides customers greater control over IT infrastructure through automation. Ayehu solutions have been deployed by major enterprises worldwide, and currently, support thousands of IT processes across the globe. The company has offices in New York, California, and Isr...