STOCK TITAN

Booz Allen Hamilton and CyberSaint Partner to Provide a SaaS Solution Delivering Real-Time Cyber Risk Quantification and Executive-level Metrics

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
partnership
Rhea-AI Summary

Booz Allen Hamilton (NYSE: BAH) and CyberSaint have formed a strategic partnership aimed at enhancing cybersecurity program maturity and risk management for clients. This collaboration combines Booz Allen's cybersecurity consulting expertise with CyberSaint's advanced software, enabling organizations to assess their cybersecurity posture against industry frameworks like NIST CSF. The partnership allows businesses to quantify risks objectively, prioritize defenses, and optimize security resources, delivering significant return on security investment (ROSI) in a rapidly evolving threat landscape.

Positive
  • Creation of a strategic partnership with CyberSaint to enhance cybersecurity solutions.
  • Combination of Booz Allen's consulting and CyberSaint's software for improved risk management.
  • Clients can objectively quantify cybersecurity risks and prioritize defenses effectively.
  • Increased potential for return on security investment (ROSI) through optimized resource management.
Negative
  • None.

Strategic partnership allows clients to gain objective, high-fidelity insights into their cybersecurity program maturity, risk profile, and mitigation opportunities to maximize return on security investment (ROSI).

MCLEAN, Va. & BOSTON--(BUSINESS WIRE)-- Booz Allen Hamilton (NYSE: BAH) and CyberSaint today announced a strategic partnership that aligns Booz Allen’s world-class cybersecurity consulting services with CyberSaint’s industry-leading cyber and IT risk management software, providing clients with an on-demand view of their cybersecurity posture against frameworks and standards like the NIST CSF paired with credible cyber risk quantification and analytics.

Considering the fast-changing landscape of cybersecurity threats, organizations need a way to understand their most critical cyber risks, whether that is ransomware from a criminal group or DDoS from a nation-state, and confidently make decisions around how best to manage those risks. By taking a practitioner approach to understanding threat actor types and motivations, vulnerability opportunity, impact levels of threats, and marrying that with security control postures, Booz Allen Hamilton’s risk model, backed by CyberSaint’s software, has quickly emerged as the one of the most innovative cyber risk assessment solutions on the market. In leveraging this joint solution, clients will be able to objectively quantify their cyber risk posture, know how to prioritize, confidently decide where to take risk, and understand where they can obtain the greatest return on investment (ROI) from their security investments to create business value.

“We are excited to bring this powerful and scalable solution to our clients. Booz Allen’s high-fidelity risk model was designed, built, and refined over time by our team of leading cyber threat and risk modeling practitioners who have decades of experience in the Public (DoD, Intelligence Community) and Private Sectors (Fortune 500 & Global 500) advising operational and strategic decision makers. Our solution correlates the interdependencies between cyber and business risk, which is a critical component to making well-informed decisions focused on enabling and protecting an organization’s value chain,” said Michael Vallone, Booz Allen’s Global Cyber Risk Practice Lead.

“Whether you are a CISO or a CEO, you need a way to get real-time insight into your cybersecurity posture while quantifying risk in a transparent way for enhanced decision-making,” said Jerry Layden, CyberSaint CEO. “CyberSaint’s strategic partnership with Booz Allen allows clients to gain this insight by leveraging proven, cutting-edge approaches to measuring and managing risk.”

The Booz Allen Hamilton Cyber Risk Solution, powered by CyberSaint, is designed for strategic (BoD, ELT, ERM) and operational (CISO, Risk Director) stakeholders to measure, monitor, and manage their enterprise-level cybersecurity risks and control posture.

Answers The Following Questions

  • What are our cybersecurity risks and are they exceeding our risk appetite?
  • How well are we defending our organization against cybersecurity threats?
  • Where should we proactively improve our cybersecurity defenses?
  • Are we optimizing our cybersecurity resources?

Types of Analytics, Metrics, and Visualizations Used

  • Risk Scenario-based Cyber Risk Quantification
  • Cyber Control Effectiveness & Maturity
  • Cyber Program Maturity
  • Scenario-based Business Impact Analysis
  • Compliance to Industry Control Frameworks
  • Control Performance Ratings

To learn more about cyber risk quantification from Booz Allen Hamilton and CyberSaint, register for the upcoming webinar entitled, “Cyber Risk Quantification for Large Enterprises” airing live on October 12th at 3:00pm EST.

About CyberSaint

CyberSaint's mission is to empower today's organizations to build a cybersecurity program that is as clear, actionable, and measurable as any other business function. CyberSaint's solutions empower teams, CISOs, and Boards to measure, manage, and report risk with agility and alignment.

About Booz Allen Hamilton

For more than 100 years, military, government, and commercial business leaders have turned to Booz Allen Hamilton to solve their most complex problems. As a consulting firm with experts in analytics, digital solutions, engineering, and cyber, we help organizations transform. We are a key partner on some of the most innovative solutions being pushed to the public and private sectors. We work shoulder-to-shoulder with clients, using a mission-first approach to design and build fit-for-purpose strategies and technologies to help them realize their vision.

With global headquarters in McLean, Virginia, our firm employs approximately 29,500 people globally as of December 31, 2021 and had revenue of $7.9 billion for the 12 months ended March 31, 2021. To learn more, visit www.boozallen.com. (NYSE: BAH)

Danielle Ostrovsky

Hi-Touch PR

410-302-9459

ostrovksy@hi-touchpr.com

Source: CyberSaint

FAQ

What is the recent partnership announcement involving Booz Allen Hamilton (BAH)?

Booz Allen Hamilton announced a strategic partnership with CyberSaint to enhance cybersecurity program maturity and risk management for clients.

How will the Booz Allen Hamilton and CyberSaint partnership benefit clients?

The partnership allows clients to objectively quantify their cybersecurity risks, prioritize defenses, and optimize their security resources for a better return on investment.

What cybersecurity frameworks will be used in the Booz Allen Hamilton partnership?

The partnership will leverage frameworks such as the NIST Cybersecurity Framework (CSF) to assess clients' cybersecurity posture.

When is the webinar on cyber risk quantification hosted by Booz Allen Hamilton?

The webinar titled 'Cyber Risk Quantification for Large Enterprises' is scheduled for October 12th at 3:00 PM EST.

Booz Allen Hamilton Holding Corporation

NYSE:BAH

BAH Rankings

BAH Latest News

BAH Stock Data

16.57B
125.72M
1.56%
93.7%
2.96%
Consulting Services
Services-management Consulting Services
Link
United States of America
MCLEAN