Axio, a SaaS cyber risk management platform provider, has released the Axio360 Ransomware Preparedness Assessment tool. Organizations can use the tool to assess and prepare for ransomware attacks, according to the company.
The Axio360 Ransomware Preparedness Assessment tool uses data from ransomware events to give organizations visibility into their ransomware cyber posture, Axio said. It collects data from hundreds of ransomware events and guidance from the U.S. Department of Homeland Security (DHS) and Axio's research that organizations can use to evaluate their security posture.
How Can Organizations Use the Axio360 Ransomware Preparedness Assessment Tool?
The Axio360 Ransomware Preparedness Assessment helps an organization examine gaps in its security posture that make it susceptible to ransomware attacks, Axio indicated. It provides outputs that can be accepted as supplementary evidence in support of cyber insurance applications.
In addition, organizations can use the Axio360 Ransomware Preparedness Assessment tool to create reports for executive stakeholders, the company stated. This ensures that organizations can keep their executives up to date about ransomware attacks and explore new ways to guard against them.
Along with Axio360 Ransomware Preparedness Assessment, Axio offers NIST Cybersecurity Framework (NIST CSF) and Cybersecurity Capability Maturity Model (C2M2) cyber risk program assessment tools. Axio also intends to release an NIST CSF Foundations tool later in the year; organizations will be able to use this tool to learn how to implement a security program based on NIST CSF.
Axio360: Here's What You Need to Know
Organizations can use Axio360 to measure their cyber risk exposure and manage their security posture, the company noted. Axio365 offers a variety of security capabilities, including:
- Cybersecurity planning and management
- Cyber risk qualification
- Insurance stress testing
- Insights for investment prioritization
Axio360 methodology and software empower security leaders, executives and boards of directors to identify and address cyber risk, the company indicated. Furthermore, Axio360 recommendations deliver an average of $431 of risk minimized for every $1 invested.
