Page 163 - Cyber Defense eMagazine August 2024

Cybercrime statistics on the problem you solve

For 85% of CISOs and security leaders, managing and reporting on their security programs is a time-
consuming process - done manually with numerous spreadsheets and/or by a team of analysts. In most
cases, an organization operates with more than 50 security solutions, with CISOs needing to manage
each one individually. And now, between the heightened demands of new risk management regulations
and reporting rules and the need to stay ahead of ever-evolving threats, CISOs are truly facing an uphill
battle.

CEO quote

"We are seeing a real need in the market for security solutions that can simplify operations for CISOs,
many of whom are still using spreadsheets to address challenges like measuring,
reporting, and managing security programs," said Sivan Tehila, CEO and Founder of Onyxia. "New
industry regulations such as those the SEC introduced last year place additional pressures on CISOs.
Onyxia’s Cybersecurity Management platform empowers CISOs to meet their growing responsibilities
with a sophisticated, efficient, and accurate solution, delivering a predictive security platform created
especially for them that leverages AI to fully harness insights, facilitate data-driven decisions, and
maximize security efforts."

Cyber Defense eMagazine – August 2024 Edition 163
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