SOURCE: Bay Dynamics, Inc.

Bay Dynamics, Inc.

November 21, 2016 09:00 ET

Bay Dynamics Named SC Awards 2017 Finalist for Best Risk/Policy Management Solution

Company's Flagship Product Risk Fabric® Recognized for Industry Leadership in Measuring, Analyzing and Reporting Risk

SAN FRANCISCO, CA--(Marketwired - November 21, 2016) - Bay Dynamics®, a leader in cyber risk analytics, announced today that the company's flagship software platform Risk Fabric® has been named an SC Media 2017 Awards finalist for "Best Risk/Policy Management Solution."

SC Media selected the Bay Dynamics Risk Fabric solution as a finalist due to the platform's ability to collect data across the network, including threats and vulnerabilities; report associated risk, endpoint configuration, enforcement, auditing and reporting; provide remediation options; and offer centralized reports based on local policies and regulatory requirements, including Sarbanes-Oxley, Gramm-Leach-Bliley and others.

"Some vendors offer solutions that focus on identifying and mitigating insider threats. Others offer solutions that identify and remediate vulnerabilities. Risk Fabric does both while also automating the communication between CISOs, incident responders, line-of-business application owners and boards of directors, as well as compliance reporting," says Feris Rifai, co-founder and CEO at Bay Dynamics. "Being named a finalist in this category further validates our proven leadership in the cyber risk management space as we continue enabling enterprises to reduce risk to the assets that matter most."

Launched in 2013, Risk Fabric® is a software platform for analysis, reporting and remediation of IT security exposures. The platform provides some of the largest Fortune 50 enterprises a cohesive, contextually enriched view across their security technologies, at an executive and operational level, enabling them to prioritize their security activities and direct their limited resources at their most important problems. Risk Fabric automates the delivery of personalized and prioritized vulnerabilities to line-of-business application owners responsible for remediation. It also marries algorithm-based behavior analytics with associated vulnerabilities, asset value and additional business context to identify and deliver the most critical insider and external threats that need immediate investigation. Risk Fabric enables enterprises to reduce regulatory risk by identifying the severity of the risk exposure of regulated assets that could cause a compliance violation.

For more information about Risk Fabric, go to: http://baydynamics.com/risk-fabric/.

The SC Award winners will be announced on February 14, 2017 at the SC Awards Dinner and Presentation held at The Intercontinental in San Francisco. For more information about the SC Awards, visit: https://www.scmagazine.com/awards/

About Bay Dynamics

Bay Dynamics® enables enterprises to prioritize security activities and direct their limited resources at their most important problems. The company's flagship product, Risk Fabric®, is a software platform for enterprises requiring timely prioritization and remediation of security exposures impacting their most critical IT systems and data assets. Risk Fabric benefits enterprises with improved timeliness of action by automating the delivery of personalized and prioritized vulnerabilities to line-of-business application owners responsible for remediation. The platform also enables enterprises to reduce costs and regulatory risk, fortify business continuity, and improve decision making by combining security tool data with business context to provide a complete view of risk mapped to valued assets. For more information, please visit www.baydynamics.com.

Follow Bay Dynamics on Twitter at www.twitter.com/BAYDYNAMICS, on LinkedIn at www.linkedin.com/company/bay-dynamics/, and on Facebook at www.facebook.com/bay.dynamics.

Bay Dynamics and Risk Fabric are registered trademarks of Bay Dynamics, Inc. Other trademarks mentioned are the property of their respective owners.

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