TORONTO--(BUSINESS WIRE)--Security Compass, a leading cybersecurity solution provider, is pleased to announce multiple award wins from Q2 that reinforce the benefits of the SD Elements platform. The company is a 2022 SC Awards finalist for the Best Enterprise Security Solution category, a winner of two 2022 Cyber Defense Magazine Global Infosec Awards, and was included on the CyberTech 100 list.
SD Elements offers a developer-centric approach to solve the age-old challenge of defining and implementing appropriate software security requirements. According to the results of a commissioned Total Economic Impact™ (TEI) study conducted by Forrester Consulting released earlier this year, the potential benefits of deploying SD Elements include decreased time to develop security requirements for products by 90%, reduced costs (worth $739,000 over three years) through the automation of manual security requirement tasks, increased speed-to-market, and improved development team capabilities to focus on core responsibilities. In the independent study, the ROI from SD Elements was 332%.
“Security Compass is a leader in helping customers proactively manage cybersecurity risk without slowing down their business. We are extremely proud of the expansion in our customer base in 2021 including a growing list of marquee customers,” said Rohit Sethi, CEO of Security Compass. “The entire Security Compass team is honored to be recognized by these award programs, which not only highlight the success of our platform, but also our ongoing efforts to continuously strengthen SD Elements to support the enterprise software threat modeling, secure development, and compliance capabilities needs of today’s organizations looking to get software to market quickly and securely.”
Solutions recognized as finalists in the SC Awards category for Best Enterprise Security Solution help large organizations manage the extensive requirements tied to ensuring a plethora of systems, applications and networks remain protected. Winners of the 2022 SC Awards will be announced in August 2022.
As a winner in the Global Infosec Awards, SD Elements was named “Hot Company” for Application Security, and “Cutting Edge” for DevSecOps. The CyberTech 100 list, which featured Security Compass for the third year in a row, highlights the most innovative cybersecurity companies that every financial institution needs to know about in 2022. Security Compass customers include some of the largest banks and financial services companies in North America and Latin America, many of the largest technology companies including software, chip makers, and payment processing companies, U.S. government agencies, and numerous enterprise customers in telecommunications, retail and industrial controls.
SD Elements offers the most proactive and comprehensive approach to software threat modeling, secure development, and compliance, making it the ultimate “shift left” solution for businesses looking to stay ahead of competitors while keeping their customers’ data secure. To learn more about Security Compass, visit www.securitycompass.com.
About Security Compass
Security Compass, a pioneer in application security, enables organizations to shift left and build secure applications by design, integrated directly with existing DevSecOps tools and workflows. Its flagship product, SD Elements, helps organizations accelerate software time to market and reduce cyber risks by taking an automated, developer-centric approach to threat modeling, secure development, and compliance. Security Compass is the trusted solution provider to leading financial and technology organizations, the U.S. Department of Defense, government agencies, and renowned global brands across multiple industries. For more information, please visit www.securitycompass.com.
