X-Analytics Added as Pioneering SaaS Platform of Cyber Risk Institute (CRI) Innovator Program

New Integrated Offering Delivers Cyber Resiliency Across Financial Sector

WASHINGTON--(BUSINESS WIRE)--Secure Systems Innovation Corporation (SSIC), the innovators behind X-Analytics, the industry leading cyber risk decisioning platform, enabling cyber resilience for enterprises navigating digital transformation, and the Cyber Risk Institute (CRI) a non-profit coalition of financial institutions and trade associations today announce the X-Analytics SaaS Platform as the first participating application within the CRI Innovator Program.

“Delivering a unified cyber risk assessment approach across the financial sector is critical to achieve cyber resiliency across the sector,” said Josh Magri, CEO of CRI. “We are pleased to announce that CRI Profile assessment results can now be used within X-Analytics. The X-Analytics team are true pioneers, and we welcome them as participants of our newly established Innovator Program,” Magri said.

The newly formed CRI Innovator Program seeks to accelerate cyber resiliency by connecting the CRI Profile with top innovators driving meaningful transformation to address the challenges of today’s digital world. As the pioneering CRI Innovator Program participant, X-Analytics enables the conversion of CRI Profile assessments into cyber resiliency analysis and financial risk reporting so enterprises can spend smarter, communicate better, and navigate the pathway to cyber resilience with confidence.

“The Cyber Risk Institute is setting the standard across the financial industry enabling cyber risk assessment unification across the sector,” said John Frazzini, CEO, SSIC. “X-Analytics is uniquely positioned to accelerate a pathway for financial institutions to deliver business resiliency insights and effective cyber risk reporting for all financial firms using the CRI profile.”

CRI Profile assessment results will be integrated as part of X-Analytics control effectiveness analysis and will be available in Q1 2023.

About X-Analytics

Based in the Washington, D.C. area, Secure Systems Innovation Corporation (SSIC) is a cyber risk analytics firm whose mission is to improve how businesses manage financial exposure to cyber risk and establish a pathway to achieve cyber resiliency. X-Analytics is a patented and validated cyber risk decisioning platform that is changing how executives, boards and the risk management industry effectively manage financial exposure to cyber risk. For more information, visit https://www.x-analytics.com.

About Cyber Risk Institute

The Cyber Risk Institute (CRI) is a not-for-profit coalition of financial institutions and trade associations. We’re working to protect the global economy by enhancing cybersecurity and resiliency through standardization. https://cyberriskinstitute.org/ *The CRI Profile is the successor to the Financial Services Sector Coordinating Council (FSSCC) Cybersecurity Profile, a NIST and IOSCO based approach to assessing cybersecurity in the financial services industry.