Gaurav Banga, Author at Security Boulevard

A Cybersecurity AI Assistant: The Pricey Addition You Don’t Need—Or Do You?

Gaurav Banga — Tue, 20 Aug 2024 13:11:28 +0000

You’ve probably seen all the buzz lately—announcements about cybersecurity AI assistants promising to revolutionize the way companies defend against threats. With so much noise in the industry, it’s tough to know whether an AI assistant is worth the investment or just an expensive gimmick. In this 2-part blog, let’s dive into what these AI assistants …

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Balbix Recognized in Three 2024 Gartner® Hype Cycle™ Reports

Gaurav Banga — Thu, 15 Aug 2024 12:53:46 +0000

A couple of weeks ago, Balbix was recognized as a Representative Vendor in the newly created Exposure Assessment Platforms (EAPs) category in the Gartner® Hype Cycle™ reports for Security Operations and Managing Operational Technology, 2024. In the report, Gartner mentioned that deploying “the EAP platform has high benefits, with 20-50% market penetration expected within 2-5 …

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Meet BIX: Your New AI Ally in Cyber Risk and Exposure Management

Gaurav Banga — Tue, 06 Aug 2024 12:58:31 +0000

What if I told you that managing cyber risk could be as easy as asking a colleague a question and getting a clear, actionable answer? Imagine having the ability to instruct your assistant to keep stakeholders informed about their responsibilities, deadlines, and provide periodic updates, all while enhancing your situational awareness. Picture every key player …

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Caught in the SEC dilemma: what should CISOs put in their “honest” 10-K?

Gaurav Banga — Tue, 19 Dec 2023 15:03:36 +0000

The new SEC cybersecurity disclosure date is here. US public companies must provide cybersecurity disclosures that comply with new SEC regulations in 10-Ks filings starting December 18, 2023. Smaller companies have another 6 months. For CISOs, this is the advent of truly worrisome territory. The backdrop of the new rules is the SEC’s position against …

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Webinar Highlights – Mastering the new SEC Regs

Gaurav Banga — Wed, 27 Sep 2023 22:06:56 +0000

It was great to chat last week on the topic of the new SEC Rules with my good friend Ed Amoroso (President of TAG Cyber, Professor at NYU and the former CSO of AT&T). A link to the recording of our discussion is here: And if listening to videos is not your thing, here is …

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Announcing our partnership with Verizon Consulting Services

Gaurav Banga — Fri, 18 Aug 2023 03:46:53 +0000

Today, we are excited to announce our new partnership with Verizon Cyber Security Consulting to deliver the next generation of AI-powered cyber risk management to organizations across the world. We will be working with Verizon Cyber Security Consulting primarily in the areas of cyber risk assessments, data aggregation for risk modeling, cyber risk quantification and …

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Materiality: Crux of the new SEC cyber regs?

Gaurav Banga — Tue, 15 Aug 2023 15:01:46 +0000

On July 26, 2023, only a few weeks ago, 29,980 senior business leaders of the 5,996 public companies in the US got a new headache. If you are a CEO, CFO, CISO, CIO or General Counsel of a US public company, the SEC’s final rule S7-09-22 titled Cybersecurity Risk Management, Strategy, Governance, and Incident Disclosure …

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Two Reasons Why CISOs Are Failing to Reduce Cyber Risk

Gaurav Banga — Sun, 23 Apr 2023 22:22:19 +0000

On the eve of RSA, you are probably looking forward to a few days of presentations, meetings, lunches, dinners, connecting with friends and colleagues, old and new. At this moment, you might find it useful to take a step back – several steps back actually, and introspect on the big picture facing cybersecurity leaders like …

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A crazy ’22… ready for “do more with less” 2023?

Gaurav Banga — Mon, 02 Jan 2023 05:22:28 +0000

2022 was defined by change and crisis. The year started with glimmers of post-pandemic hope before the war and widespread inflation turned everything upside down. Through this mess, Balbix had to maneuver and execute. Our list of 2022 accomplishments is long: new logos, revenue growth, multi-million-dollar contracts, a growing list of partners, 100+ new platform …

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UnFAIR Cyber Risk Quantification: Balbix vs. FAIR

Gaurav Banga — Wed, 24 Aug 2022 00:35:50 +0000

One thing evident from discussions at RSA and Black Hat 2022 is that cyber risk quantification (aka CRQ) is #trending. To understand why, consider this context: the chaos in cybersecurity continues with more breaches, eye-popping ransomware payouts, bigger fines, new regulation and increasing scrutiny of cybersecurity spending. As you can imagine, boards are frustrated and …

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