New Section 1033 Push Banks to Provide Customers with "Financial SIM Card"
Like SIM cards, these new rules establish a set of standardized information-sharing practices that will be made available…
Like SIM cards, these new rules establish a set of standardized information-sharing practices that will be made available…
LogicGate today announced the company was included on the Deloitte Technology Fast 500™, a ranking of the 500…
CHICAGO, IL, UNITED STATES, November 21, 2024 — LogicGate, the holistic GRC experts delivering leading solutions for cyber, governance, risk, and compliance leaders today announced the company was included on the Deloitte Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America, now in its 30th year. This is LogicGate's third time making the list, ranking 387 with 282% top-line growth during the three-year consideration period. "One of our core values as an organization is Raise the Bar, which is reflected in our unwavering customer service, the curiosity that drives our innovation, and our competitive DNA that fuels our commitment to building and servicing best-in-class GRC solutions," said Matt Kunkel, CEO and Co-Founder of LogicGate. "Inclusion on the 2024 Deloitte Technology Fast 500 is an acknowledgment of our hard work and continued upward trajectory. I'm proud of our accomplishments and thank the entire LogicGate team for their dedication to driving GRC excellence across the enterprise." LogicGate continuously augments the Risk Cloud platform experience by launching new features and enhancing tools and resources, including numerous productivity-enhancing innovations in 2024. Most recently, the company announced its new "Banking Solution," designed to provide financial institutions with an interconnected approach to managing threats and compliance changes with a holistic view of a company's risk exposure. Creating significant efficiency and performance benefits for customers, the company also launched two new AI features to its Spark AI lineup, AI Text Assistant and Record Linking Recommendations. And earlier this year, the organization launched its holistic AI Governance Solution, empowering enterprises to govern AI model usage and adoption throughout the entirety of an organization. "For 30 years we've been celebrating companies that are actively driving innovation. The software industry continues to be a beacon of growth, and the fintech industry made a strong showing on this year's list, surpassing life sciences for the first time," said Steve Fineberg, vice chair, U.S. technology sector leader, Deloitte. "Significantly, we also saw a breakthrough in performance of private companies, with the highest number of private companies named to the list in our program's history. This year's winners have shown they have the vision and expertise to continue to perform at a high level, and that deserves to be celebrated." "Innovation, transformation, and disruption of the status quo are at the forefront for this year's Technology Fast 500 list, and there's no better way to celebrate 30 years of program history," said Christie Simons, partner, Deloitte & Touche LLP and industry leader for technology, media and telecommunications within Deloitte's Audit & Assurance practice. "This year's winning companies have demonstrated a continuous commitment to growth and remarkable consistency in driving forward progress. We extend our congratulations to all of this year's winners — it's an incredible time for innovation. In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company's operating revenues. Companies must have base-year operating revenues of at least US$50,000, and current-year operating revenues of at least US$5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America. About LogicGateLogicGate® is a global, market-leading SaaS company empowering customers to effectively manage and scale their cyber risk and control, third-party risk management, compliance controls, enterprise risk, and operational resilience programs. Recognized as one of four leading global GRC platforms, Risk Cloud® is built with usability in mind, including a no-code interface and graph-database management making the technology flexible, agile, and scalable to support various levels of GRC maturity and bolster business outcomes. With an unwavering commitment to fostering business resilience in dynamic landscapes, LogicGate empowers customers to quantify risk, strengthen their security posture, and have visibility into information to create strategic advantages and support business objectives. Learn more about our solutions by visiting www.logicgate.com and join us on LinkedIn. About DeloitteDeloitte provides industry-leading audit, consulting, tax, and advisory services to many of the world's most admired brands, including nearly 90% of the Fortune 500® and more than 8,500 U.S.-based private companies. At Deloitte, we strive to live our purpose of making an impact that matters by creating trust and confidence in a more equitable society. We leverage our unique blend of business acumen, command of technology, and strategic technology alliances to advise our clients across industries as they build their future. Deloitte is proud to be part of the largest global professional services network serving our clients in the markets that are most important to them. Bringing more than 175 years of service, our network of member firms spans more than 150 countries and territories. Learn how Deloitte's approximately 460,000 people worldwide connect for impact at www.deloitte.com.LogicGate's Banking Solution bundles six purpose-built solutions that enable institutions to effectively comply with evolving regulatory landscapes, manage…
CHICAGO, IL, UNITED STATES, November 14, 2024 — LogicGate, the holistic GRC experts delivering leading solutions for cyber, governance, risk, and compliance leaders, today announced its new "Banking Solution," designed to provide financial institutions with an interconnected approach to managing threats and compliance changes with a holistic view of a company's risk exposure. Evolving regulatory requirements from state and federal agencies, third-party operational complexities, growing cyber security risk, and increasing data privacy protections have created wide-ranging challenges for banks to combat. The new LogicGate solution allows banks and financial institutions to centralize those concerns and limit surprises. Available in Risk Cloud, LogicGate's industry-leading GRC platform, the Banking Solution empowers risk and compliance professionals to be more efficient and agile when mitigating risks by taking predictive steps to ensure regulatory compliance and incident resiliency. Curated specifically for financial institutions, LogicGate's Banking Solution takes the guesswork out of risk management by packaging the most critical information Chief Information Security Officers (CISOs), Chief Risk Officers (CROs), and Chief Compliance Officers (CCOs) need to successfully manage and mature their regulatory and risk management programs. LogicGate's Banking Solution offers these core benefits: Regulatory Compliance Solution - In the heavily regulated banking industry, compliance with governing bodies such as the OCC, SEC, CFPB, CFTC, NCUA, BSA/AML, and others is crucial to avoid financial penalties, sanctions, or reputational damage. To remain compliant with the alphabet soup of regulations - Gramm-Leach-Bliley Act (GLBA), CCPA, GDPR, FFIEC, and more - it's imperative to centralize regulatory obligations, automate assessment workflows, and track corrective action status. Enterprise Risk Management Solution - Enhance your organization's ability to efficiently identify, assess, and mitigate risks. Part of LogicGate's Enterprise Risk Management Solution includes purpose-built RCSA workflows, streamlining traditionally time-intensive assessment scoping and keeping risk owners on track with automated assessment workflows, reminders, and notifications. Additionally, users can streamline risk assessments by leveraging pre-built assessment templates for frameworks such as CFPB, FFIEC, and OSFI. Get started quickly with pre-configured risk scoring and guidance to assess inherent and residual risk ratings, then instantly create and assign mitigations for critical banking risks. Controls Compliance Solution - Banks face unique compliance challenges that require connecting internal controls and frameworks to identify gaps and overlaps. Using predefined mappings across industry-specific frameworks, banks can streamline control activities to comply with frameworks such as NIST CSF, PCI DSS, and SOC 2®. Aligning internal controls with these frameworks improves operational efficiency, ensures audit readiness, and supports the secure management of sensitive financial data. Incident Management Workflows - Strengthening risk posture is essential for banks to quickly address incidents that may disrupt operations, affect data security, or infringe on compliance. A centralized incident management program allows banks to log, track, and remediate cyber-attacks, data breaches, or fraud events. By using a single source of truth, institutions can manage incident response across the organization, ensure timely reporting to regulators like the OCC or CFPB, and maintain transparency with stakeholders, including customers and shareholders. Policy Management Solution - From drafting, reviewing, and approving policies that comply with regulations like GLBA and the Fair Lending Act to tracking employee attestations, the Policy Management Solution helps you streamline and automate every aspect of your policy management program. Users benefit from quickly identifying and correcting compliance gaps as they emerge and support policy adoption year-round. Third-Party Risk Management Solution - Assessing a vendor's risk profile against your institution's accepted risk level is vitally important to preserving your brand and customer trust. Leveraging a TPRM solution helps streamline the vendor lifecycle, from onboarding to performing ongoing risk assessments. By automating risk reporting and resolution workflows, banks can ensure vendors meet and uphold their risk standards and that any potential third-party breaches or failures are swiftly resolved, thus protecting the bank's reputation and customer trust. "Few industries are as regulated and scrutinized as the financial sector, elevating the importance for banks and credit unions to have stringent risk and compliance standards that institutions and their vendor ecosystems uphold," said Matt Kunkel, Co-Founder and CEO of LogicGate. "Instead of taking a disjointed, point solution-based approach to managing extensive risk responsibilities and requirements, we curated a comprehensive solution empowering financial institutions to take a more holistic approach to managing the sea of evolving regulations. By prioritizing efficiency, automation, and increased effectiveness, companies are better positioned to protect their data and brand." About LogicGate LogicGate® is a global, market-leading SaaS company empowering customers to effectively manage and scale their cyber risk and control, third-party risk management, compliance controls, enterprise risk, and operational resilience programs. Recognized as one of four leading global GRC platforms, Risk Cloud® is built with usability in mind, including a no-code interface and graph-database management making the technology flexible, agile, and scalable to support various levels of GRC maturity and bolster business outcomes. With an unwavering commitment to fostering business resilience in dynamic landscapes, LogicGate empowers customers to quantify risk, strengthen their security posture, and have visibility into information to create strategic advantages and support business objectives. Learn more about our solutions by visiting www.logicgate.com and join us on LinkedIn.CHICAGO, IL, UNITED STATES, November 4, 2024 — LogicGate, the holistic GRC experts delivering leading solutions for cyber, governance,…
CHICAGO, IL, UNITED STATES, November 4, 2024 — LogicGate, the holistic GRC experts delivering leading solutions for cyber, governance, risk, and compliance leaders, announces the appointment of Chris Jeske as the organization’s General Counsel. Reporting directly to co-founder and CEO, Matt Kunkel, Jeske will lead the legal department and ensure continued alignment with business objectives to support the organization’s continued growth. "Chris’s impressive background and diverse legal experience will enhance the dynamic vision of LogicGate and deepen our focus on our long term strategy," said Matt Kunkel. "It’s an exciting time at the company and his emphatic energy, commitment to the community and notable approach to legal affairs will have an immediate impact on our culture and business operations." As General Counsel, Jeske will oversee legal and compliance aspects globally, demonstrating our continued commitment to integrity and our values when balancing company priorities and mitigating risk. Along with leading legal strategy on the Executive Team, he will collaborate with Sales and Customer Support teams to provide internal and customer counsel, and partner with Product Innovation to ensure platform enhancements aligned with customer expansion. "I am thrilled to join the LogicGate team and augment the legal strategy to ensure we reach our goals, maintain customer trust, and uphold the core values that make up the company’s DNA," said Chris Jeske. "Recognized as one of four global leading GRC platforms, I look forward to not only helping to maintain that leadership position but also having a seat at the table as we continue to innovate and set the bar for GRC support and expertise." In his recent role as General Counsel for an industry-leading healthtech company, Jeske delivered pragmatic legal guidance to advance business initiatives, integrating legal strategies with company objectives. Notably and with direct relevance to the GRC industry, he guided the implementation of several security and compliance standards, including the HITRUST Common Security Framework, enhancing the company’s security posture and reinforcing customer trust. Based in Chicago, Jeske will work directly with leadership and customers from the company’s Chicago headquarters as well as virtually, benefitting from LogicGate’s outcomes-first approach to flexible remote work. He holds a bachelor’s degree from Northwestern University and earned his Juris Doctor from Northwestern Pritzker School of Law. Jeske’s appointment comes at a pivotal time for LogicGate. The organization is on a winning trajectory, poised to supersede growth goals and set the pace for an even more aggressive 2025. About LogicGate LogicGate® is a global, market-leading SaaS company empowering customers to effectively manage and scale their cyber risk and control, third-party risk management, compliance controls, enterprise risk, and operational resilience programs. Recognized as one of four leading global GRC platforms, Risk Cloud® is built with usability in mind, including a no-code interface and graph-database management making the technology flexible, agile, and scalable to support various levels of GRC maturity and bolster business outcomes. With an unwavering commitment to fostering business resilience in dynamic landscapes, LogicGate empowers customers to quantify risk, strengthen their security posture, and have visibility into information to create strategic advantages and support business objectives. Learn more about our solutions by visiting www.logicgate.com and join us on LinkedIn.CHICAGO, IL, UNITED STATES, October 31, 2024 — LogicGate, the holistic GRC experts delivering leading GRC solutions for cyber,…
CHICAGO, IL, UNITED STATES, October 31, 2024 — LogicGate, the holistic GRC experts delivering leading GRC solutions for cyber, governance, risk, and compliance leaders, is proud to announce the company has been named Top Infosec Innovator 2024’s Next Gen Governance, Risk and Compliance (GRC) winner for from Cyber Defense Magazine (CDM), the industry’s leading electronic information security magazine. “It’s an honor to be acknowledged as the best global GRC solution within the Top InfoSec Innovators awards by Cyber Defense Magazine. We pride ourselves in driving innovation in the market and helping our customers combat the ever-evolving cyber security landscape,” said Matt Kunkel, Co-Founder and CEO of LogicGate. “Cyber criminals are becoming smarter and more agile, and it’s because of dynamic tools such as Risk Cloud that companies can successfully mitigate and thwart cybersecurity threats.” LogicGate provides a unique approach to holistic GRC through our centralized platform that seamlessly integrates with leading technologies and external solutions to facilitate easy information collection and analysis, providing a comprehensive view for accurate reporting and measurement of an organization’s risk posture. From cyber risk and control, third-party risk management, compliance controls, enterprise risk, operational resiliency, and everything in between, customers are equipped with purpose-built solutions to tackle big problems, be predictive and preventative to reduce risk footprint, and ultimately make strategic risk-based decisions. “We scoured the globe looking for cybersecurity innovators that could make a huge difference and potentially help turn the tide against the exponential growth in cyber-crime. LogicGate is worthy of being named a winner in these coveted awards and consideration for deployment in your environment,” said Yan Ross, Editor of Cyber Defense Magazine. The full list of the Top InfoSec Innovators for 2024 is found here: https://cyberdefenseawards.com/top-infosec-innovators-for-2024/ About LogicGate LogicGate® is a global, market-leading SaaS company empowering customers to effectively manage and scale their cyber risk and control, third-party risk management, compliance controls, enterprise risk, and operational resilience programs. Recognized as one of four leading global GRC platforms, Risk Cloud® is built with usability in mind, including a no-code interface and graph-database management making the technology flexible, agile, and scalable to support various levels of GRC maturity and bolster business outcomes. With an unwavering commitment to fostering business resilience in dynamic landscapes, LogicGate empowers customers to quantify risk, strengthen their security posture, and have visibility into information to create strategic advantages and support business objectives. Learn more about our solutions by visiting www.logicgate.com and join us on LinkedIn. About Cyber Defense Awards This is Cyber Defense Magazine’s 12th year of honoring cybersecurity innovators, in this case the Top Global CISOs for 2024, on our Cyber Defense Awards platform. In this competition, judges for these and other prestigious awards includes cybersecurity industry veterans, trailblazers and market makers Gary Miliefsky of CDMG, Dr. Lindsey Polley de Lopez of VentureScope, Katie Gray of In-Q-Tel, Robert R. Ackerman Jr. of Allegis Cyber, Dino Boukouris of AltitudeCyber and with much appreciation to emeritus judges Robert Herjavec of Cyderes, Dr. Peter Stephenson of CDMG and David DeWalt of NightDragon. Top InfoSec Innovators for 2024 is found here: https://cyberdefenseawards.com/top-infosec-innovators-for-2024/ and download The Black Unicorn Report for 2024: https://cyberdefenseawards.com/the-black-unicorn-report-for-2024/ and Top Global CISOs Winners for 2024, here: https://cyberdefenseawards.com/top-global-cisos-winners-for-2024/. About Cyber Defense Magazine Cyber Defense Magazine was founded in 2012 by Gary S. Miliefsky, globally recognized cyber security thought leader, inventor and entrepreneur and continues to be the premier source of IT Security information. We are managed and published by and for ethical, honest, passionate information security professionals. Our mission is to share cutting-edge knowledge, real-world stories and awards on the best ideas, products and services in the information technology industry. We deliver electronic magazines every month online for free, and limited special editions exclusively for the RSA, BlackHat and Cyber Defense Conferences. Learn more about us at http://www.cyberdefensemagazine.com. Cyber Defense Magazine is a proud member of the Cyber Defense Media Group.CHICAGO, October 30, 2024 — LogicGate, the holistic GRC experts delivering leading solutions for cyber, governance, risk, and compliance…
CHICAGO, October 30, 2024 — LogicGate, the holistic GRC experts delivering leading solutions for cyber, governance, risk, and compliance leaders, is excited to empower customers even further with the launch of two new AI features to its Spark AI lineup, AI Text Assistant and Record Linking Recommendations (RLR). Most significantly, the RLR feature sets LogicGate apart in the market by leveraging Spark AI to provide Risk Cloud users with holistic recommendations for connections between any risk, control, incident, policy, or other object across the platform. LogicGate is committed to innovating and investing in AI to help customers be more efficient in their GRC processes and unlock new insights, which is demonstrated through enhanced features and capabilities available to customers for free through Risk Cloud Spark AI. Risk and compliance teams grapple with resource constraints, audit fatigue, complex data relationships, and cross-department silos, heightening the critical need for efficiency and productivity-enhancing tools. Both AI Text Assistant and RLR features were purpose-built to elevate the Risk Cloud experience, offering time-saving technologies and amplifying individual and team impact on GRC program value and overall business impact. Details of each new Risk Cloud AI feature include: Record Linking Recommendations (RLR) replaces manual work historically required to manage GRC data connections with AI-automated and generated insights. Risk Cloud users are more effective and strengthen GRC strategies through: Teams will save a tremendous amount of time when performing control readiness assessments or performing gap analysis. Instead of manually aligning controls through in-depth domain expertise, Spark AI streamlines the process of identifying control mapping and reduces both complexity and labor. A game-changer for GRC professionals, Spark AI's RLR goes beyond control-to-control mappings and enables holistic integration of records across workflows and applications, linking risks to controls, controls to policies, risks to issues and any other connected modules available in a user's Risk Cloud GRC program. Whether users ask Spark AI to suggest controls to mitigate a risk record or identify policies that serve as evidence for a control or any other recommended connection, throughout the process Spark AI provides visibility into multi-faceted risks, reveals redundant controls or duplicative work, and prioritizes mitigations. AI Text Assistant natively provides guidance and recommendations for writing effective control test plans, risk remediation, policy statements, issues, email drafts, and more. Risk Cloud users can leverage this time-saving tool in numerous ways, including: Prompting AI Text Assistant for guidance on how to mitigate incidents or help generate predictive strategies when anticipating possible disruptions. The instinctive Spark AI tool will automatically generate a multi-step mitigation plan for consideration. Levering AI Text Assistant to produce step-by-step form instructions for risk assessment. Initial output can be further refined using pre-built functions to optimize clarity. Utilizing AI Text Assistant for suggested email copy to ensure all pertinent information is clearly communicated. Whether it's drafting copy or building email notification templates, Spark AI helps users effectively communicate with teams, stakeholders, or the entire organization. "GRC practitioners have moved beyond mere curiosity about AI and now expect tangible results in productivity, time savings, insights, and bottom-line impact. That's why we developed the Spark AI suite within Risk Cloud — to provide efficiencies and handle the heavy lifting for our customers, allowing them to focus on what truly matters," said Jon Siegler, Chief Product Officer at LogicGate. "When used responsibly, AI is transformative. Our platform not only realizes this potential but delivers measurable results by embedding AI throughout our customers' critical GRC workflows." The Spark AI suite of AI features is included for free with Risk Cloud subscriptions, designed to enhance the user experience across the Risk Cloud platform. Users must opt-in for transparency and ensure awareness of the technology. About LogicGate LogicGate® is a global, market-leading SaaS company empowering customers to effectively manage and scale their cyber risk and control, third-party risk management, compliance controls, enterprise risk, and operational resilience programs. Recognized as one of four leading global GRC platforms, Risk Cloud® is built with usability in mind, including a no-code interface and graph-database management making the technology flexible, agile, and scalable to support various levels of GRC maturity and bolster business outcomes. With an unwavering commitment to fostering business resilience in dynamic landscapes, LogicGate empowers customers to quantify risk, strengthen their security posture, and have visibility into information to create strategic advantages and support business objectives. Learn more about our solutions by visiting www.logicgate.com and join us on LinkedIn.Today, financial institutions need to consider not just their own cybersecurity, but that of their vendors as well.…
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CHICAGO, IL, UNITED STATES, October 14, 2024 — LogicGate, the holistic GRC experts delivering leading GRC solutions for…
CHICAGO, IL, UNITED STATES, October 14, 2024 — LogicGate, the holistic GRC experts delivering leading GRC solutions for cyber, governance, risk, and compliance leaders, proudly announces the company is a recipient of the 2024 Top Workplaces for Remote Work award, featured by Monster, a global leader in connecting people and jobs. Energage, a purpose-driven organization that builds and brands employers of choice, determines the awards through an employee survey. The 2024 Top Workplaces for Remote Work award celebrates organizations with 150 or more employees cultivating exceptional remote working environments. LogicGate earned the award based on employee feedback. Results of a confidential employee engagement survey were evaluated by comparing responses to research-based statements that predict high performance against industry benchmarks. “We are proud to be acknowledged by our own employees for our continued commitment to cultivating and investing in an outcomes-first culture. We trust and empower our teams to do their best work fully remote, hybrid, or in our HQ; offering flexibility and choice to what works best for them, ” said Caroline Werner, LogicGate’s Chief People Officer. “We remain committed to building a culture where our people feel connected to the company and each other, supported in their career journeys, and are proud to come to work…whether that’s in our Chicago headquarters, from their homes, or something in between.” The Top Workplaces employer recognition program has a 17-year history of researching, surveying, and celebrating people-first organizations nationally and across 65 regional markets. “Top Workplaces awards are a powerful tool for companies to attract exceptional talent,” said Eric Rubino, Energage CEO. “They showcase distinctive culture strengths and communicate a clear message to potential recruits: This is a place where you can thrive and excel.” “These awards underscore the importance of listening to employees about where and when they can be their most productive and happiest selves,” shares Monster CEO Scott Gutz. “We know that this flexibility is essential to helping both employers and candidates find the right fit.” To view the full list of award recipients, please visit Monster’s official announcement. About LogicGate LogicGate® is a global, market-leading SaaS company empowering customers to effectively manage and scale their cyber risk and control, third-party risk management, compliance controls, enterprise risk, and operational resilience programs. Recognized as one of four leading global GRC platforms, Risk Cloud® is built with usability in mind, including a no-code interface and graph-database management making the technology flexible, agile, and scalable to support various levels of GRC maturity and bolster business outcomes. With an unwavering commitment to fostering business resilience in dynamic landscapes, LogicGate empowers customers to quantify risk, strengthen their security posture, and have visibility into information to create strategic advantages and support business objectives. Learn more about our solutions by visiting www.logicgate.com and/or join us on LinkedIn. About Energage Making the world a better place to work together.™ Energage is a purpose-driven company that helps organizations turn employee feedback into useful business intelligence and credible employer recognition through Top Workplaces. Built on 18 years of culture research and the results from 27 million employees surveyed across more than 70,000 organizations, Energage delivers the most accurate competitive benchmark available. With access to a unique combination of patented analytic tools and expert guidance, Energage customers lead the competition with an engaged workforce and an opportunity to gain recognition for their people-first approach to culture. For more information or to nominate your organization, visit energage.com or topworkplaces.com.Phishing continues to be the most prevalent cybersecurity threat in healthcare. And the most common of those is…
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LogicGate, the holistic GRC experts delivering leading GRC solutions for cyber, governance, risk, and compliance leaders, proudly announces…
CHICAGO, August 14, 2024 - LogicGate, the holistic GRC experts delivering leading GRC solutions for cyber, governance, risk, and compliance leaders, proudly announces the company was named to the Inc. 5000, a list of the fastest-growing privately held U.S. companies. This is the company’s fourth year in a row making the list, ranking at 2706. “We are thrilled to be included on the Inc. 5000 list for the fourth consecutive year. This achievement is a reflection of our employees’ commitment to providing world class service to our customers and working as one to drive our business forward,” said Matt Kunkel, LogicGate CEO. “Complacency doesn’t exist in the tech industry, which is why we are steadfast in our commitment to introducing new solutions and enhancing platform features that simplify the complex for GRC leaders. Our passion for innovation drives our growth and we look forward to making the Inc. 5000 for a fifth year in 2025.” LogicGate’s accelerated growth is fueled by expanding the company’s large enterprise customer base and introducing solutions that help customers support business objectives, while improving efficiency with their tools, time, and budgets. The Inc. 5000 class of 2024 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges. In all, this year’s Inc. 5000 companies have added 874,458 jobs to the economy over the past three years. "One of the greatest joys of my job is going through the Inc. 5000 list," says Mike Hofman, who recently joined Inc. as editor-in-chief. "To see all of the intriguing and surprising ways that companies are transforming sectors, from health care and AI to apparel and pet food, is fascinating for me as a journalist and storyteller. Congratulations to this year's honorees, as well, for growing their businesses fast despite the economic disruption we all faced over the past three years, from supply chain woes to inflation to changes in the workforce." For complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, location, and other criteria, go to www.inc.com/inc5000. Methodology Companies on the 2024 Inc. 5000 are ranked according to percentage revenue growth from 2020 to 2023. To qualify, companies must have been founded and generating revenue by March 31, 2020. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2023. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2020 is $100,000; the minimum for 2023 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places. About LogicGate LogicGate® is a global, market-leading SaaS company empowering customers to effectively manage and scale their cyber risk and control, third-party risk management, compliance controls, enterprise risk, and operational resilience programs. Recognized as one of four leading global GRC platforms, Risk Cloud® is built with usability in mind, including a no-code interface and graph-database management making the technology flexible, agile and scalable to support various levels of GRC maturity and bolster business outcomes. With an unwavering commitment to fostering business resilience in dynamic landscapes, LogicGate empowers customers to quantify risk, strengthen their security posture, and have visibility into information to create strategic advantages and support business objectives. Learn more about our solutions by visiting www.logicgate.com and/or join us on LinkedIn. About Inc. Inc. Business Media is the leading multimedia brand for entrepreneurs. Through its journalism, Inc. aims to inform, educate, and elevate the profile of our community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating our future. Inc.’s award-winning work achieves a monthly brand footprint of more than 40 million across a variety of channels, including events, print, digital, video, podcasts, newsletters, and social media. Its proprietary Inc. 5000 list, produced every year since its launch as the Inc. 100 in 1982, analyzes company data to rank the fastest-growing privately held businesses in the United States. The recognition that comes with inclusion on this and other prestigious Inc. lists, such as Female Founders and Power Partners, gives the founders of top businesses the opportunity to engage with an exclusive community of their peers, and credibility that helps them drive sales and recruit talent. For more information, visit www.inc.com. Contact Jade Trombetta Senior Director, Communications for LogicGate [email protected]While some IT leaders have been caught off guard with emerging tech, others had the foresight to establish…
LogicGate is proud to announce the company is a 2024 Top Workplaces Industry winner. The Top Workplaces Industry…
LogicGate, the holistic GRC experts delivering leading GRC solutions for cyber, governance, risk, and compliance leaders, is proud to announce the company is a 2024 Top Workplaces Industry winner. The Top Workplaces Industry Awards are based on feedback provided directly by employees and celebrate organizations across the country that have built people-first cultures within their sector. The awards capture employee sentiment through an extensive and comprehensive engagement survey conducted by Energage, ensuring the award accurately reflects the workplace experience as perceived by those who know the company best: the employees themselves. “At LogicGate, cultivating and maintaining a workplace where we all want to contribute and thrive starts with our people,” said Caroline Werner, LogicGate’s Chief People Officer. “Our people are at the heart of everything we do and we see our culture and our talent as a huge differentiator for us. We are always honored to be recognized with awards of this type, particularly when they are based on results directly from our people.” This recognition highlights LogicGate’s continued commitment to cultivating an atmosphere in which employees are valued, engaged, and empowered to contribute in a meaningful way towards achieving both their personal career goals and company objectives. LogicGate has positioned itself as an exemplary workplace by making employee welfare a priority and fostering a culture characterized by open communication and collaboration. "At LogicGate, we believe the best organizations build from within and the strongest teams are composed of diverse individuals who bring different identities, backgrounds, ideas, and experiences to the table,” said Matt Kunkel, CEO of LogicGate. “We pride ourselves on a healthy culture and deeply appreciate our employees and their commitment to upholding our core values every day. It’s an honor to be recognized, and this award is a testament to our collective effort to foster an inclusive and supportive environment where everyone can thrive.” About LogicGate LogicGate® is a global, market-leading SaaS company empowering customers to effectively manage and scale their cyber risk and control, third-party risk management, compliance controls, enterprise risk, and operational resilience programs. Recognized as one of four leading global GRC platforms, Risk Cloud® is built with usability in mind, including a no-code interface and graph-database management making the technology flexible, agile and scalable to support various levels of GRC maturity and bolster business outcomes. With an unwavering commitment to fostering business resilience in dynamic landscapes, LogicGate empowers customers to quantify risk, strengthen their security posture, and have visibility into information to create strategic advantages and support business objectives. Learn more about our solutions by visiting www.logicgate.com and/or join us on LinkedIn. About Top Workplaces Top Workplaces is a nationwide employer recognition program, powered by Energage, that is driven by employee feedback and celebrates organizations committed to people-first culture excellence. Contact Jade Trombetta Senior Director, Communications for LogicGate [email protected]Educational webinar with guest speaker Cody Scott provides GRC leaders with the knowledge and confidence to implement a…
The recent “OCEG Use of AI for GRC '' research report found that 82 percent of respondents agree or strongly agree they must adopt generative AI, yet only 12 percent said their organization has a documented AI Governance plan. Generative AI represents the next generational wave of technology; however, for many businesses, adopting and managing usage is uncharted waters. Uncertainty is causing companies to delay implementing AI tools which hinders efficiency and innovation. To help brands better understand the opportunities and potential consequences of adopting AI, LogicGate, the holistic GRC experts delivering leading GRC solutions, is proudly producing a continuous stream of educational resources that will help customers leverage and govern the technology to enhance business performance safely and effectively. AI Governance creates an advantageous opportunity for GRC leaders to reimagine the traditional ways of managing risks, and gain a more strategic seat at the table. During the recent LogicGate webinar: Navigating AI Governance: Opportunities, Outcomes, and Consequences guest speaker, Forrester Senior Analyst Cody Scott and LogicGate President of Technology Jay Jamison emphasized the importance of holistic AI governance and how to safely leverage the technology’s power for operational efficiencies and growth. According to Cody, “The important thing here is that speed of innovation is a systemic risk. That means that companies are struggling to gain the competitive advantage that comes with something like the value proposition of AI. And because the aperture for the value of AI is so wide, it requires us to have a much more holistic approach when it comes to just managing it and really being able to understand what the value is and the opportunity that's associated with it.” Throughout the webinar Cody references industry research and he also elaborates on the four pillars of AI Governance success: Purpose - Specifying the business outcomes that the AI system should achieve for that AI model. What is the “why” - why are you taking on this initiative or why are you trying to mitigate a particular risk? What is the value? Culture - Embedding AI governance into your organizations’ practices and employee roles. This is really important because people are responsible and accountable for how AI is used; it can't just be one person responsible for everything. This is really important because people, at the end of the day, are responsible and accountable for how AI is used. Action - Enabling and automating AI stewardship tasks and processes. First you have to test the model by gathering data and evidence about how it's used and track performance metrics to confirm if the AI model is operating the way it's expected to and delivering the desired value. Assessment - Having the ability to observe, measure, and communicate the impact of AI. Leverage risk assessments, residual assessments, control assessments, and metrics for monitoring and making sure the AI model is not creating a business or ethical dilemma. Cody and Jay also discussed stakeholder engagement and how to identify which teams are accountable for the opportunities and potential consequences of AI usage. “This has to be a c-suite level discussion because so many people are involved. So many parts of the business are using AI for so many things, whether that's employee productivity, employee experience, operational efficiencies versus customer experience, or even revenue-generating opportunities,” said Cody Scott. While AI needs to be championed by the CEO to help drive a culture of safe and effective AI usage, balancing technical expertise with a strategic view of the business is a broader, more comprehensive responsibility of senior GRC leaders. According to Cody: “The question here is not - is there any single stakeholder who needs responsibility? It's really about getting a team together, and you can make that as formal or informal as need be, but the important thing is that you've got that senior level and tactical makeup of stakeholders who are involved in the discussion on a regular basis.” The AI Governance webinar underscores the need for ongoing guidance and education to help companies build and maintain effective AI Governance programs. AI is rapidly evolving which requires governing tools and solutions that can evolve with it. “Companies need to prioritize responsible use of AI and we provide a partnership approach so they can not only build an effective AI governance program but also cultivate a culture of risk to drive awareness and accountability,” said Jay Jamison. “AI will continuously evolve and as GRC leaders, we have a responsibility to provide ongoing support and guidance to our customers. We take that seriously at LogicGate.” About LogicGate LogicGate® is a global, market-leading SaaS company empowering customers to effectively manage and scale their cyber risk and control, third-party risk management, compliance controls, enterprise risk, and operational resilience programs. Recognized as an industry-leading platform, Risk Cloud® is built with usability in mind, including a no-code interface and graph-database management making the technology flexible, agile and scalable to support various levels of GRC maturity and bolster business outcomes. With an unwavering commitment to fostering business resilience in dynamic landscapes, LogicGate empowers customers to quantify risk, strengthen their security posture, and have visibility into information to create strategic advantages and support business objectives. Learn more about our solutions by visiting www.logicgate.com and/or join us on LinkedIn. Contact Jade Trombetta Senior Director, Communications for LogicGate [email protected]Built by GRC expert consultants, Matt and his co-founders started LogicGate on the premise of “find a need,…
The ever-evolving governance, risk, compliance and privacy landscape can pose huge challenges to organizations and their business operations, especially since new regulations and requirements move quickly. The bigger problem is that most companies, though committed to risk mitigation, cannot get ahead in their management operations where risks are turned into opportunities for strategic business decisions. All of this should be mentioned with an asterisk beside it because risks only turn into opportunities when recognized and the correct actions are taken, swiftly. One of the global leading GRC solution providers is LogicGate, a powerhouse supporter for any company looking to optimize its risk management, no matter their size or maturity level. “The value drive for an organization is to have a centralized data repository that can meet all of the different challenges, whether it's a third-party risk, whether it's policy management controls management, or enterprise risk management, that’s able to meet them at any maturity level, and LogicGate does that,” says Matt Kunkel, CEO and CoFounder of LogicGate. Built by GRC expert consultants, Matt and his co-founders started LogicGate on the premise of “find a need, fill a need,” differentiating the company as an all-in-one solutions provider that ties all factors of risk management together in one centralized operating system for clear insight and overview, managed tasks, and future-oriented resilience. Business relationships between LogicGate and their clients really resemble partnerships more than anything, where solutions grow out of business goals. “Really having a partner that can meet you where you are today but can also change and morph with you over time across many different verticals of GRC is extremely important,” Kunkel emphasizes. In today’s business landscape, every company, no matter the size, scale, or area of industry, is dealing with evolving GRC requirements that branch off into a complex ecosystem that needs unparalleled strategy without draining time, energy, or employee resources. It’s easier than ever to log into Risk Cloud, LogicGate’s holistic GRC platform, and have incredible insight into all the nuances associated with cyber risk management, third-party risk management, controls compliance, policy management, regulatory compliance, data privacy, operational resilience and ESG compliance. These robust management offerings are available through simple out-of-the box solutions as well as enterprise-grade advanced options and run very quickly with the help of LogicGate’s committed and passionate team. “The beauty is in the interconnectivity of data,” Kunkel says, allowing the data to be shared on a centralized dashboard for easy access and collaboration. External data from across other applications and integrations are linked to workflows with intuitive controls that help tie vulnerabilities to specific assets, creating insights that become actionable instead of chaotic. For instance, automating evidence collection can significantly drive efficiencies, like how a tech company might develop 100% SOC compliance using Risk Cloud® but would like to expand into EMEA regions that require ISO compliance. LogicGate can help them quickly meet and solve for these targets, ensuring visibility and transparency for strategic business advantage. For LogicGate, it’s all about delivering fast time to value, which means helping their customers drive greater efficiencies, and automating processes that weren’t connected before in order to meet current regulations in data collection, reporting, or internal assessments used in stakeholder communication. At the same time, cementing current GRC demands means having more insight into future opportunities. Risk Cloud has purpose-built applications that are quickly and easily integrated, and it’s also flexible and dynamic to empower customers to build out their own applications to make their business processes mesh together. “We ask things like, ‘What is the process? What do you need configured? What are the access permissions that you want to give? What data do you want to get out? What reports do you want to generate?’ We help them build out those full applications themselves within the platform,” Kunkel explains. All of these offerings, coupled with the amazing partnerships LogicGate has with their clients, would not be possible without the kind of team and work culture at LogicGate. “Our values are built by our employees. Every employee is involved in these transparent relationships,” Kunkel explains. These closely-aligned teams create a community that makes their partnerships with clients matter beyond business results. In other words, it’s about creating a lasting impact with clients that creates the conditions for a reliable, steady, and transparent connection. Right now, LogicGate is not only ever-evolving with their integrated GRC solutions, but also looking to push the envelope towards more AI-driven efficiencies. “We have just rolled out our AI governance solution. We want to help them understand the AI sprawl while helping put policies in place that are responsive and proactive to AI risk,” Kunkel says. LogicGate works in lockstep with customers, engaging on a partnership level: “How are we continuing to equip our customers with AI capabilities while making it easy for them to step into that world?” What LogicGate proves time and time again is that there doesn’t have to be the type of complexity we sometimes associate with risk management. Instead, innovation means being comfortable with risks, and the way to be comfortable with risks is to have visibility and transparency where your business operations are concerned. Risk is not a pitfall but an enabler, and it takes the right kind of partnership with LogicGate to be able to realize that.While AI has its risks, the technology has the potential to revolutionize the way modern businesses operate—which means…
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LogicGate proudly announces Caroline Werner, the organization’s Chief People Officer, will participate as a panelist at the June…
Chicago, June 10 - LogicGate, the holistic GRC experts delivering leading GRC solutions for cyber, governance, risk, and compliance leaders, proudly announces Caroline Werner, the organization’s Chief People Officer, will participate as a panelist at the June 12 Executives’ Club of Chicago panel: Discussing AI and the Future of Talent. The C-Suite-led panel is part of the Executives’ Club of Chicago’s signature series aimed at creating a platform for Chicago-based companies to connect with visionary speakers, trailblazing leaders, and the entire Chicagoland business community. Robert Slone, Senior Vice President and Chief Scientist, UL Solutions will deliver the event’s keynote. Laura Birk, Head of Human Resources, Barilla America, Inc. will moderate the panel discussion, encouraging panelists to share best practices for adopting AI responsibly and thoughtfully and leverage the technology’s power to improve business performance and enhance employee value. With AI evolving so rapidly, the panel will also explore the short and long-term impacts of AI and how to adapt to the evolving landscape of work and talent. Results from the American Psychological Association 2023 Work in America Study show that 46% of workers are worried about AI making some or all of their job duties obsolete. Now is the time to proactively engage with employees to ease concerns and learn how AI and other technologies can enhance work performance and support business objectives. To ensure a productive and informative discussion, the AI and the Future of Talent panel was curated to represent people leaders from various industries who will share their perspectives on how AI impacts businesses and personnel differently. Panelists include: Caroline Werner, Chief People Officer, LogicGate Jerry Schaefer, Director, Human Capital Advisory at KPMG Karla Grossenbacher, Labor and Employment Lawyer, Seyfarth Shaw LLP “I am not an AI expert, but I am a people expert. With the pressure organizations are feeling to adopt AI quickly and effectively, it’s vital that we lean into these discussions around the impact AI will have on talent and culture and how to implement best practices aligned to the industry, size and sector of organizations,” said Caroline Werner, LogicGate’s Chief People Officer. “At LogicGate, we have AI features built into our platform and we recently launched our AI Governance tool to help customers better manage adoption and usage across their enterprises. AI is here to stay and we all need to adopt the mindset that it will enhance and change, rather than replace, human capabilities in the workplace.” About LogicGate LogicGate® is a global, market-leading SaaS company empowering customers to effectively manage and scale their cyber risk and control, third-party risk management, compliance controls, enterprise risk, and operational resilience programs. Recognized as a leading global GRC platform, Risk Cloud® is built with usability in mind, including a no-code interface and graph-database management making the technology flexible, agile and scalable to support various levels of GRC maturity and bolster business outcomes. With an unwavering commitment to fostering business resilience in dynamic landscapes, LogicGate empowers customers to quantify risk, strengthen their security posture, and have visibility into information to create strategic advantages and support business objectives. Learn more about our solutions by visiting www.logicgate.com and/or join us on LinkedIn. About Executives’ Club of Chicago The Executives' Club of Chicago is the city's premier resource for connecting, developing, and growing best-in-class leaders to strengthen themselves and their organizations. The Executives’ Club of Chicago is where the relationships that build a better Chicago begin. This is where the future meets. For more information about the nexus of Chicago business, visit www.executivesclub.org. Contact Jade Trombetta Senior Director, Communications for LogicGate [email protected]In an unusual move signifying the severity of the huge cyberattack on Change Healthcare, a unit of UnitedHealth…
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LogicGate Report shows 59% of organizations using a single centralized GRC solution strongly agree they can effectively manage…
LogicGate, the holistic GRC experts delivering leading GRC solutions for cyber, governance, risk, and compliance leaders, today unveiled the results of its 2024 GRC Strategies, Teams and Outcomes Report, conducted by independent third-party firm Osterman Research. The research revealed that one in three organizations surveyed are not currently able to proactively identify, assess, and mitigate risk with their GRC program, nor are they able to ensure compliance with regulations and frameworks––both key aspects of a mature, holistic GRC program. This leaves considerable room for growth as organizations continue to recognize that centralized GRC practices lead to positive business outcomes. “Security, risk, and compliance needs look different for every organization depending on their industry and applicable regulations, among other factors,” said Matt Kunkel, LogicGate cofounder and CEO. “However, our research identified a common factor across optimal GRC programs: utilizing a single, comprehensive GRC solution to uphold program objectives that support the organization’s core business goals and desired outcomes. By using a holistic approach to streamline GRC, organizations can better mitigate risk and deliver heightened business value.” Key findings from the report include: GRC is a team sport, but a unified GRC platform is a significant advantage: The majority of GRC programs are supported by multiple teams, requiring close collaboration across functions. For example, while 81% of Risk Management groups claim sole responsibility for the risk management area of a GRC program, 40% of Cybersecurity teams and 37% of Compliance teams play vital supporting roles to maximize the success of risk management activity. In addition, the report found that as the number of GRC software solutions being used by an organization increases, the efficacy of those solutions at proactively managing risk declines (59% of organizations using just one GRC solution strongly agreed that their software is effective at proactively managing risk, whereas only 15% of organizations using two GRC solutions had the same sentiment). It also found that leveraging one comprehensive GRC tool is more cost-effective, as organizations using two or more solutions spend 21% more to run their GRC program compared to those using a single solution. GRC spending varies widely between industries: The amount organizations spend on GRC varies between industries and organizational sizes, with the largest organizations spending the least due to their ability to achieve economies of scale. Looking at significant industry differences, financial services organizations spend a median of 1.13% of total annual revenue on GRC, while healthcare spends just 0.41%. This is somewhat surprising, as recent data indicates that the average cost of a healthcare breach is $10.93 million – far and away the highest of any industry, with finance a distant second at $5.90 million. Both healthcare and finance are subject to stringent regulations, but financial services organizations spend almost three times as much on GRC as their counterparts in healthcare. Cybersecurity risk and geopolitical risk top the list: Cybersecurity risk, geopolitical risk, and social and reputational risk claim the three top spots for most impactful risks and market trends expected to impact the ability of organizations to meet their strategic business objectives over the next 12 months. However, supply chain risk, a significant issue during the pandemic and its aftermath, appears to be stabilizing as the economy continues to recover. Artificial intelligence (AI) is the element with the greatest unknown and unquantified risk and may have a significant unforeseen impact. While this information does not come as a surprise, it will be important to track how these rankings evolve as AI becomes increasingly accessible and regulators continue to explore ways to govern its impact and use. GRC investment is largely focused on people and software: Hiring and retaining talent is by far the largest expense related to GRC, claiming 46% of GRC budget allocation. GRC software tools come in second at 18%, with organizations investing in solutions to drive their programs, align teams, and automate manual GRC processes. Additionally, 80% of organizations are either keeping the same budget allocation or increasing it over the next 12 months. The largest increases will again be seen in investments in the workforce and GRC software, with a combined net average increase of 5% and 4% respectively. LogicGate’s 2024 GRC Strategies, Teams and Outcomes Report stems from a survey of 350 respondents in risk management, cybersecurity, and compliance leadership roles at organizations with at least 1,000 employees. Respondents came from four countries (United States, Canada, United Kingdom, and Ireland) and from across four industries (Financial Services; Healthcare; Retail; and Technology, Software, and Media). To learn more about the increasing importance of holistic GRC in proactively managing risk and compliance processes, access the full report. ### About LogicGate LogicGate® is a global, market-leading SaaS company empowering customers to effectively manage and scale their cyber risk and control, third-party risk management, compliance controls, enterprise risk, and operational resilience programs. Recognized as a leading global GRC platforms, Risk Cloud® is built with usability in mind, including a no-code interface and graph-database management making the technology flexible, agile and scalable to support various levels of GRC maturity and bolster business outcomes. With an unwavering commitment to fostering business resilience in dynamic landscapes, LogicGate empowers customers to quantify risk, strengthen their security posture, and have visibility into information to create strategic advantages and support business objectives. Learn more about our solutions by visiting www.logicgate.com and/or join us on LinkedIn. Contact Jade Trombetta Senior Director, Communications for LogicGate [email protected]While other jurisdictions grapple with the rise of AI and the emergence of new cybersecurity challenges, the European…
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First holistic GRC platform to offer an AI Governance Solution that empowers enterprises to govern AI model usage…
LogicGate, the holistic GRC experts delivering leading GRC solutions for cyber, governance, risk, and compliance leader, today announced its AI Governance Solution, purpose-built to enable customers to better govern and manage the implementation and usage of AI technology throughout the entirety of their organizations. AI is making a significant impact in every industry and organizations are feeling immense pressure to innovate with the technology at an accelerated pace. The rapid adoption of this new technology into organizations, coupled with nuanced data governance challenges and a fast-evolving, global AI regulatory environment, presents a key issue -- how do enterprises move fast and stay safe to effectively leverage AI in their organizations? The LogicGate AI Governance Solution is uniquely positioned to provide enterprises with a solution to quickly adopt and holistically manage AI technology across their organization, enabling them to stay competitive, agile, and compliant while safely reaping the benefits of AI. LogicGate’s AI Governance Solution is a simple, out-of-the-box package that customers can deploy quickly and seamlessly. In addition, operating in the flexible Risk Cloud platform, LogicGate’s AI Governance Solution will scale and adapt with customer growth and support changes within the organization as AI continues to quickly evolve and progress over time. With seamless integrations into other Risk Cloud Applications, such as Cyber Risk Management, Controls Compliance, Third-Party Risk Management, and Policy & Procedure Management, LogicGate provides a unique offering that delivers a highly connected AI Governance solution for a holistic approach to governing and standardizing AI usage across the enterprise. Core benefits of the solution include: AI Policy Management: A new capability enabling organizations to reinforce AI risk tolerance with standardized AI policies that are automatically distributed through Risk Cloud’s Policy & Procedure Management Application. Streamlined AI Use Case Approval: Create a centralized submission, review, and approval process for every AI use case and model so enterprises can enforce adherence and track attestations across an organization. This process can stand alone as its own application or augment workflows inside existing Risk Cloud Applications. Holistic Cyber Risk Management: Identify and centralize AI risks inside the Cyber Risk Register to automate assessment, monitoring, and mitigation workflows. AI-Specific Controls Compliance: Leverage best practices and control recommendations from NIST to stay ahead of emerging AI risks. Third-Party AI Risk Management: Follow guidance from Shared Assessments with an out-of-the-box third-party AI risk questionnaire inside Risk Cloud’s Third-Party Risk Management: SIG Lite Application. This questionnaire helps teams identify which vendors embed AI technologies into their solutions and the impact they may have on business objectives. “Fast and safe AI innovation is a top priority for leading organizations, yet AI is a multi-headed beast, and a holistic approach is critical to successful implementation,” said Matt Kunkel, LogicGate cofounder and CEO. “You can’t protect what you don’t know you have, so you must gain clear insight into every area AI is being implemented in your organization. And, while speed versus control is a key point of contention when it comes to enterprise AI adoption, organizations can achieve both. Our AI Governance Solution will evolve and grow with you and provide the tools and support needed to ensure effective AI risk management and compliance across every aspect of your business.” Alongside the Risk Cloud AI Governance Solution, LogicGate introduces Risk Cloud AI, which accelerates GRC program success with time-saving technology and intelligent recommendations embedded across the Risk Cloud platform. All Risk Cloud AI features prioritize customer privacy, security, and trust with an opt-in approach to adoption. Current and upcoming features include: First introduced in June 2023, OpenAI Risk Cloud Connector enables organizations to quickly generate policy documents and summarize business-critical risk information with ChatGPT and Risk Cloud in just a few clicks. Coming soon, Risk Cloud’s AI Text Assistant improves program efficiencies and outcomes with rapidly generated stakeholder guidance and mitigation recommendations. This new, native feature will launch with three core capabilities: Mitigation recommendations: Accelerate resolution time and inform mitigation strategies with AI-recommended mitigations. Form guidance: Improve questionnaire and assessment completion rates with AI-generated form guidance for stakeholders. Notification wizard: Save time and communicate more effectively with stakeholders with clear and concise AI-generated notifications. Available later this year, AI Controls Mapping will streamline, scale, and mature compliance programs by automatically mapping controls across the Risk Cloud Controls Repository with AI analysis and recommendations. This capability extends to internal controls where preexisting mappings from providers like SCF and UCF do not exist. “Artificial Intelligence represents the next major generational wave of technology,” said Jay Jamison, President of Product & Technology at LogicGate. “It’s going to impact every organization in every industry, so it’s crucial that enterprises prepare themselves now to be able to keep up with – and even exceed – the pace at which their competitors are implementing and leveraging AI to positively impact their own businesses. It’s possible to move both quickly and safely with AI, but this requires a solution with the adaptability and agility required to grow with and support organizations throughout the complex, yet richly rewarding, AI journey.” For more information about how LogicGate is empowering organizations to holistically govern AI technology and enable fast, secure AI innovation, visit www.logicgate.com. About LogicGate LogicGate® is a global, market-leading SaaS company empowering customers to effectively manage and scale their cyber risk and control, third-party risk management, compliance controls, enterprise risk, and operational resilience programs. Recognized as a leading global GRC platform, Risk Cloud® is built with usability in mind, including a no-code interface and graph-database management making the technology flexible, agile and scalable to support various levels of GRC maturity and bolster business outcomes. With an unwavering commitment to fostering business resilience in dynamic landscapes, LogicGate empowers customers to quantify risk, strengthen their security posture, and have visibility into information to create strategic advantages and support business objectives. Learn more about our solutions by visiting www.logicgate.com and/or join us on LinkedIn. Contact Jade Trombetta Senior Director, Communications for LogicGate [email protected]The Cyber Resilience Act (CRA) is a new set of cybersecurity rules in the European Union (EU) that…
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Chicago – March 20 - LogicGate, a leading provider of holistic Governance, Risk, and Compliance (GRC) solutions through its Risk Cloud® platform, announces the new Cyber Risk Suite and Operational Risk Suite offerings, providing enterprises with purpose-built integrated solutions to efficiently and effectively optimize their Enterprise Risk Management (ERM) and Cyber Risk programs. Each suite includes applications, integrations, licenses, and services to quickly implement a robust risk management program delivering improved visibility, streamlined collaboration, and efficient resource allocation through the interoperable Risk Cloud platform. “Our customers are juggling budget consolidations, talent retention, new threats, changing regulations and are tasked to do more with less,” said Matt Kunkel, Co-Founder and CEO of LogicGate. “Efficiency and standardization are paramount for any risk or compliance professional, so we made it easier for customers to quickly implement suite solutions that maximize risk and compliance programs and generate meaningful data to narrate business impact and easily report to stakeholders. GRC isn’t a cost center anymore, it’s a business enabler.” There is a notable trend of consolidation in the technology space. Budget belt-tightening is felt industry-wide, and enterprises see the value in efficiency and standardized tools that optimize resources and security spending. For instance, LogicGate customers saw a 25% increase in task efficiency when leveraging automation tools available in Risk Cloud. Both the Cyber Risk and Operational Risk Suites were purpose-built with integrated solutions that create efficiency through automation, support real-time decision-making, and provide a centralized repository for holistic risk and compliance management. In the operational risk landscape, the synergy between the Operational Risk Suite applications creates a dynamic framework that fortifies organizational resilience. ERM and Controls Compliance Applications work together to connect risks, controls, and evaluations across the enterprise while automating evidence collection and reporting. A fully integrated Issues Management Application helps teams proactively mitigate operational risk by streamlining issue scoring, prioritization, and resolution activities. Enhanced visibility and agility are further supported by the Policy & Procedure Management Application. Teams can quickly identify and address compliance gaps by dynamically linking policies to controls and automating the entire policy review, revision, and acceptance process. Working in concert, the Cyber Risk Suite applications empower proactive cybersecurity measures, streamlined processes, and informed decision-making, taking a holistic approach to navigating the complexities of the digital landscape. The interconnectivity between Cyber Risk, Controls Compliance, and Third-Party Risk Applications enables resource-strapped cybersecurity teams to focus on the most critical business risks while staying audit-ready with a near real-time assessment of security posture — including residual risk and control effectiveness. Cyber resilience is further enhanced with an integrated Incident Management Application that streamlines triage efforts for efficient response assignments and remediation tracking. To tie it all together, Risk Cloud Quantify® communicates risk in financial terms and identifies strategic investment opportunities across business units, functions, and geographies. “Every enterprise has a different risk tolerance and security investments, however, what’s common across organizations is the need to show a holistic view of how your risk and compliance programs impact your business. We listened to our customers and packaged solutions that are quickly implemented, create immediate efficiencies, and produce data-driven narratives that allow you to proactively make decisions,” said Jon Siegler, Chief Product Officer, LogicGate. “A segmented approach to risk and compliance is no longer defensible. A holistic approach to GRC not only strengthens how you make investment decisions in your governance, risk, and compliance programs but also leads to increased efficiencies across teams.” Cyber threats, operational vulnerabilities, and regulatory changes are ceaseless, requiring security and compliance teams to collaborate, communicate, and automate swiftly when reacting to regulatory changes or mitigating cyber threats. Both the Cyber Risk and Operational Risk Suites seamlessly integrate into current Risk Cloud programs making it easy for interdepartmental visibility, standardization, and reporting from one universal platform. Notably, as reported in the G2 Winter 2023 Grid Report for GRC Platforms, 60% of enterprises using Risk Cloud reported seeing ROI within 14 months. For more information on how to implement a holistic approach to ERM, operational risk, and cyber risk management, please visit the Cyber Risk Suite and Operational Risk Suite pages. About LogicGate LogicGate® is a global leader in transformative risk management and compliance solutions. Our award-winning Governance, Risk, and Compliance (GRC) platform, Risk Cloud®, is built with usability in mind, including a no-code interface and graph-database management, enabling customers to understand and navigate risks through a centralized framework. With an unwavering commitment to fostering business resilience in dynamic landscapes, LogicGate is actively driving innovation and creating strategic advantages for risk management in the business environment. Learn more about our solutions by visiting www.logicgate.com and/or join us on LinkedIn. Contact Jade Trombetta Senior Director, Communications for LogicGate [email protected]Annual user conference brings together thought leaders to learn more about risk, strategy and automation to introduce innovative…
LogicGate, a leading provider of Governance, Risk, and Compliance (GRC) solutions through its Risk Cloud® platform, today announced it will host its fifth annual GRC user conference, Agility 2024, from March 20-22, 2024, at Loews Chicago Hotel. The three-day event will feature more than 200 influential industry leaders, showcase technology innovations and provide opportunities for cyber, risk, and compliance professionals to network and attend informative sessions, hands-on workshops and certification and training courses. Notably, attendees will collaborate during LogicGate’s hackathon-style “Build Bash” event that will serve as an opportunity to develop new and novel use cases and sharpen Risk Cloud skills. Additionally, industry analyst Michael Rasmussen of GRC 20/20 will host a Third-Party Risk Management interactive workshop to educate attendees on strategies and methods to onboard vendors faster and boost business resiliency. Conference sessions are centered around three key topics and developments currently impacting the GRC industry with discussions led by LogicGate leadership, Risk Cloud authorities and experts from ANSA McAL Group., Baxter Credit Union, Elevance Health, Equiniti, Ziff Davis, and more. Session themes include: Risk: Learn how to leverage Risk Cloud to assess, mitigate and report enterprise, cyber and regulatory risk to inform business impact and enhance operational resilience. Strategy: Adopt best practices from GRC leaders on how to stay ahead of regulatory changes, strategically communicate risk metrics to leadership, board members and stakeholders, and foster a culture of risk allies within your organization. Automation: Explore new ways to optimize and scale your risk and compliance programs with automated evidence collection, integrations and AI. “At Agility 2024, we look forward to not only helping educate attendees about the current and future state of GRC, but also to learning from other experts about what they’re seeing as they navigate the risk and compliance landscape,” said Matt Kunkel, LogicGate co-founder and CEO. “LogicGate’s core mission has always been to serve and empower our users, and the Agility conference plays an important role in helping us better equip our customers with the crucial knowledge and resources to maintain a strong risk posture amid today’s rapidly evolving GRC space.” Recently named a Leader in The Forrester Wave™: Governance, Risk, And Compliance Platforms, Q4 2023, LogicGate will preview several new product enhancements at Agility 2024, including several upcoming developments across the Risk Cloud product roadmap. Built with a graph database and no-code workflow to deliver an easy-to-use customizable experience, Risk Cloud accelerates time-to-value with out-of-the-box applications for every GRC use case, enabling customers to stay agile in an ever-changing risk and compliance landscape. Agility 2024 attendees will receive a firsthand look at Risk Cloud enhancements that will empower them to be more efficient, effective and flexible within their own GRC programs. Agility 2024 will conclude with the LogicGate Customer Awards Ceremony, where winners will be announced in a variety of categories ranging from GRC Community Advocate to Program of the Year. For further event information and registration details, please visit agility.logicgate.com. ### About LogicGate LogicGate® is a global leader in transformative risk management and compliance solutions. Our award-winning Governance, Risk, and Compliance (GRC) platform, Risk Cloud®, is built with usability in mind, including a no-code interface and graph-database management, enabling customers to understand and navigate risks through a centralized framework. With an unwavering commitment to fostering business resilience in dynamic landscapes, LogicGate is actively driving innovation and creating strategic advantages for risk management in the business environment. Learn more about our solutions by visiting www.logicgate.com and/or join us on LinkedIn. Contact Jade Trombetta Senior Director, Communications for LogicGate [email protected]The global economy has changed dramatically over the past two or three years, and the recent downward trend…
With ransomware attacks rising, new threats on the horizon and SEC cyber disclosure rules in mind, LogicGate's Kara…
The transformative power of artificial intelligence (AI), notably exemplified by the rapid ascent of technologies like ChatGPT, is…
Category Leadership Recognition, Significant Increase in Enterprise Sales Segment, and AI and Automation Releases Highlight Notable Achievements
CHICAGO, IL –– January 24, 2024 –– LogicGate, a leading provider of Governance, Risk, and Compliance (GRC) solutions through its Risk Cloud® platform, today announced record growth in 2023 positioning the company for accelerated progress and performance in 2024. LogicGate is at the forefront of GRC advancement, demonstrated by the company’s expanded innovation pipeline, enriched end-user experience, increased enterprise customer base, coveted industry recognition and its distinctive company culture that has attracted and retained talented human capital. LogicGate’s commitment to accelerating GRC was recognized in December when named a Leader in The Forrester Wave™: Governance, Risk, And Compliance Platforms, Q4 2023 report. The company’s Risk Cloud platform achieved the highest possible scores across eight criteria, including innovation, IT/cyber risk management, and, most notably, user experience. The Forrester Wave states, "LogicGate Risk Cloud's user experience is second to none — reference customers consistently gave it their highest rating compared with other vendors." Delivering innovation at a rapid pace in 2023 further established LogicGate’s strong market position, driving rapid expansion in enterprise customers, cultivating new partnerships, and expanding the company’s international presence helping multinational organizations navigate global security and privacy concerns. Product innovation delivered in 2023 includes: Implementing controls and approving compliance is time intensive and when managed manually leaves room for human error. LogicGate launched its Automated Evidence Collection feature to elevate productivity, control effectiveness and support data-driven decision-making while ensuring compliance and security across more than 20 cybersecurity and privacy frameworks. This capability systematically and automatically gathers, validates, and manages critical data and evidence central to an organization's risk management and compliance initiatives. By employing automated workflows, it seamlessly assimilates data from diverse sources, from internal systems to external data feeds, reducing the need for manual interventions and mitigating the risk of human inaccuracies. With the unprecedented adoption of AI on a global scale, OpenAI integration helps customers easily implement and utilize AI technology with current Risk Cloud applications, scale content generation, and quickly solve complex problems with AI-powered systems and models like GPT-4. When added to Risk Cloud applications like Policy & Procedure Management, customers can choose to quickly generate policy documents, versus antiquated manual approaches, helping to accelerate policy management processes. In 2023, the average cost of a data breach was $4.35M and the average cost of a ransomware attack was $4.54M. Risk Cloud’s Cyber Risk & Controls Compliance Solution links cyber threats to business impact, so teams can add business context to any cybersecurity decision, prioritize remediation, and report what matters most to key stakeholders. Customers can also take advantage of the Securities and Exchange Commission (SEC) Cyber Compliance Solution, equipping organizations with the necessary tools and expertise to navigate new regulatory changes regarding cybersecurity disclosures. “We could not be more energized by our accomplishments in 2023 and the building blocks set to accelerate growth and innovation throughout 2024,” said Matt Kunkel, CEO of LogicGate. “The risk landscape is becoming more connected, complex and challenging, which means our customers demand a holistic, robust and mature GRC process that can be adopted enterprise wide. This is why we are steadfast in our commitment to delivering more advanced solutions and faster access to data-driven insights so our customers can confidently make more informed decisions when mitigating, managing and navigating the inevitable changing regulatory environment, as well as vulnerabilities and cyber threats that no business is immune to.” Inc. recognized LogicGate as one of the 5000 fastest-growing privately held U.S. companies for the third year in a row, substantiating the company’s continued success. To help effectively guide expansion, three new c-suite executives joined the organization, focusing on scalability, delivering user value quickly and enhancing Risk Cloud’s agility and modernity to enable customers to keep up with the constant rate of change in the risk landscape. Nicholas Kathmann joins as Chief Information Security Officer (CISO); Jonathan Skinner as Chief Marketing Officer and Jennifer Renna as Chief Customer Officer; adding to a significant increase in 2023 organization personnel. “2023 was a pivotal year and the recognition received in the Forrester Wave report further solidifies LogicGate as one of the five most significant GRC vendors,” said Nicholas Kathmann, CISO of LogicGate. “We have a great responsibility to be both ingrained in the present risk management landscape as well as farsighted to anticipate future threats, nuances and needed capabilities to build and equip our customers with solutions that strengthen their security posture and minimize exposure to risk and attacks. We’re proud of our product pipeline from 2023, but there is more work to be done – complacency doesn’t exist in Cybersecurity.” Additional 2023 recognition includes: Risk Cloud platform named one of the top GRC solutions on the G2 Winter Report for the 16th consecutive quarter The 19th annual Globee® Cybersecurity Awards name the Risk Cloud platform a Gold Award winner in the Security Cloud/SaaS category The 20th Annual International Business Awards® named the Cyber Risk & Controls Compliance solution the winner of a Silver Stevie® Award in the Governance, Risk, and Compliance category Crain’s Chicago Business featured LogicGate as a Best Place to Work in Chicago for the fourth consecutive year About LogicGate LogicGate® is a global leader in transformative risk management and compliance solutions. Our award-winning Governance, Risk, and Compliance (GRC) platform, Risk Cloud®, is built with usability in mind, including a no-code interface and graph-database management, enabling customers to understand and navigate risks through a centralized framework. With an unwavering commitment to fostering business resilience in dynamic landscapes, LogicGate is actively driving innovation and creating strategic advantages for risk management in the business environment. Learn more about our solutions by visiting www.logicgate.com and/or join us on LinkedIn.New CCO to Drive Enhanced Customer Satisfaction and Propel Growth in the GRC Industry.
Chicago, January 17th, 2024 - Demonstrating the company’s commitment to delivering exceptional customer experience, LogicGate, a leader in innovative Governance, Risk, and Compliance (GRC) solutions, announces the appointment of Jen Renna as its new Chief Customer Officer, effective December 11th, 2023. With over 25 years of expertise spanning sales, account management, and customer success, Renna adds a wealth of experience to LogicGate's leadership team. Renna has a proven track record in establishing scalable global teams in leadership roles at eBay, Acquia, and Zeta Global, and in her most recent position at Rapid7, she spearheaded the customer success organization with a focus on Fortune 500 clients, driving rapid growth with an extensive evolution of the customer experience. Renna’s customer-centric background seamlessly aligns with LogicGate's core value of empowering customers and her aptitude for unearthing business development opportunities is critical to company growth. "Jen's appointment deepens our commitment to delivering maximum value for our customers. Her established track record in building scalable processes and commitment to customer satisfaction perfectly align with our goals,” said Andy Ruse, President of Field Operations at LogicGate. “We look forward to her advising our customer-facing teams, helping our customers succeed in their GRC programs and driving business results." In her new role, Renna will oversee LogicGate's customer operations, working directly with customer success and services teams. With a renewed focus on evolving the customer experience and proactive churn prevention, she will play a pivotal role in driving relationships and strengthen the company’s client relations with the growing enterprise customer base. "It’s such an exciting time to join LogicGate. Recognition from the Forrester Wave™ report has generated a great deal of industry buzz which is creating new opportunities and additional momentum for the company to embrace,” said Renna. “The organization’s focus on innovation, effectiveness and its partnership-driven business model has built an outstanding reputation for customer satisfaction and I’m excited to play a role in upholding that credibility.” As LogicGate continues to lead the GRC industry, Jen Renna's appointment marks a pivotal step in our continued journey towards unrivaled customer service and innovative risk management solutions. For more information about LogicGate and its innovative GRC solutions, please visit LogicGate's website. About LogicGate LogicGate® is a global leader in transformative risk management and compliance solutions. Our award-winning Governance, Risk, and Compliance (GRC) platform, Risk Cloud®, is built with usability in mind, including a no-code interface and graph-database management, enabling customers to understand and navigate risks through a centralized framework. With an unwavering commitment to fostering business resilience in dynamic landscapes, LogicGate is actively driving innovation and creating strategic advantages for risk management in the business environment. Learn more about our solutions by visiting www.logicgate.com and/or join us on LinkedIn.CHICAGO, January 10, 2024 — Built In today announced that LogicGate was honored in its 2024 Best Places…
CHICAGO, January 10, 2024 — Built In today announced that LogicGate was honored in its 2024 Best Places To Work Awards. Specifically, LogicGate earned a place on the Best Midsize Companies list in Chicago, IL. The annual awards program includes companies of all sizes, from startups to those in the enterprise, and honors both remote-first employers as well as companies in large tech markets across the U.S. “Fostering a culture of performance, curiosity, inclusivity, and opportunities bookended with our Total Rewards investments has been a priority for LogicGate since day one,” said Caroline Werner, Chief People Officer for LogicGate. “At LogicGate, our people are the heart of everything we do - whether they’re in Chicago or elsewhere across the country and the world - and the recognition by Built In is a reflection of all of our People and testament to our Be as One culture.” Built In determines the winners of Best Places to Work based on an algorithm, using company data about compensation and benefits. To reflect the benefits candidates are searching for more frequently on Built In, the program also weighs criteria like remote and flexible work opportunities, programs for DEI and other people-first cultural offerings. “I’d like to extend our heartfelt congratulations to the 2024 Best Places to Work winners,” says Maria Christopoulos Katris, Founder and CEO of Built In. “I am truly inspired by these companies that have risen to the challenge of fostering a positive work environment, maintaining a strong brand, and ensuring employee satisfaction. The future is filled with promise and we are so excited to see what lies ahead.” ABOUT BUILT IN Built In is creating the largest candidate generation platform for technology professionals globally. Monthly, millions of the industry’s most in-demand professionals visit the site from across the world. They rely on our platform to stay ahead of tech trends and news, learn skills to accelerate their careers and find opportunities at companies whose values they share. Built In also serves thousands of innovative companies from startups to the Fortune 500. By putting their stories in front of our uniquely engaged audience, we help them reach otherwise hard-to-hire tech professionals. www.builtin.com. ABOUT BUILT IN’S BEST PLACES TO WORK Built In’s annual Best Places to Work program honors companies with the best total rewards packages across the U.S. and in the following tech hubs: Atlanta, Austin, Boston, Chicago, Colorado, Dallas, Houston, Los Angeles, Miami, New York, San Diego, San Francisco, Seattle and Washington DC. Best Places to Work is distinct because its algorithm selects tech companies that build their offerings specifically around what tech professionals value in a workplace. Winners are announced in early January 2024. https://employers.builtin.com/best-places-to-work/ ABOUT LOGICGATE LogicGate® is a global leader in transformative risk management and compliance solutions. Our award-winning Governance, Risk, and Compliance (GRC) platform, Risk Cloud®, is built with usability in mind, including a no-code interface and graph-database management, enabling customers to understand and navigate risks through a centralized framework. With an unwavering commitment to fostering business resilience in dynamic landscapes, LogicGate is actively driving innovation and creating strategic advantages for risk management in the business environment. Learn more about our solutions by visiting www.logicgate.com and/or join us on LinkedIn.LogicGate Risk Cloud is accelerating GRC with a modern, flexible user experience, receiving the highest score possible in…
CHICAGO, IL –– December 5, 2023 –– LogicGate, a leading provider of Governance, Risk, and Compliance (GRC) solutions through its Risk Cloud® platform, today announced it was named a Leader in The Forrester Wave™: Governance, Risk, And Compliance Platforms, Q4 2023 report. Forrester conducted a comprehensive evaluation of the most significant GRC platform providers, utilizing a 25-criterion approach to thoroughly research, analyze, and score the leading providers. The assessment encompassed considerations of current and future offerings, strategic approaches, customer feedback, and market presence. Notably, its Risk Cloud platform garnered the highest possible scores across eight criteria, including user experience, innovation, IT/cyber risk management, workflow and process automation, policy and procedure management, content delivery, mapping, and maintenance, and pricing flexibility and transparency. The Forrester Wave™ states, "LogicGate has pursued an aggressive innovation strategy in recent years to deliver a flexible, user-friendly, no-code platform — and it's paying off. LogicGate is on par in terms of vision and roadmap, with a healthy dose of planned AI and automation features. Its roadmap prioritizes enhancements to user experience, embedded AI services, and enhanced cybersecurity tools for control analysis, risk quantification, and evidence collection integrations.” The report also notes, "LogicGate Risk Cloud's user experience is second to none — reference customers consistently gave it their highest rating compared with other vendors. It's also strong in IT risk management, with platform-native FAIR analysis as well as policy management, which leverages its OpenAI integration to generate policy content." "We remain steadfast in our commitment to driving innovation and delivering consistent, exceptional value to our customers," stated Matt Kunkel, CEO of LogicGate. "Being recognized as a Leader by Forrester is a true honor, validating for us our position as a global leader in the market. We believe this acknowledgment underscores our employee’s dedication to setting the pace and redefining standards in the dynamic GRC landscape." Download The Forrester Wave™ Governance, Risk, and Compliance, Q4 2023 Report. Risk Cloud is a no-code risk and compliance platform purpose-built to scale and streamline risk assessment, regulatory compliance, and strategic decision-making. The platform ensures proactive risk mitigation and strategic alignment with a user-friendly interface, automated processes, advanced analytics, and real-time insights. About LogicGate LogicGate® is a global leader in transformative risk management and compliance solutions. Our award-winning Governance, Risk, and Compliance (GRC) platform, Risk Cloud®, enables customers to understand and navigate risks, turning them into strategic advantages. With an unwavering commitment to fostering business resilience in dynamic landscapes, LogicGate is actively shaping the future of risk management. Learn more about our solutions by visiting www.logicgate.com.New feature enhances GRC solution with streamlined, accurate, and efficient compliance practices
CHICAGO –– September 20, 2023 –– LogicGate, a leading provider of Governance, Risk, and Compliance (GRC) solutions through its Risk Cloud® platform, announced today the release of the Automated Evidence Collection feature designed to elevate productivity, control effectiveness and data-driven decision-making while ensuring compliance and security across more than 20 cybersecurity and privacy frameworks. "Traditionally, performing ongoing control audits and ensuring compliance has been a labor-intensive and manual process," said Jon Siegler, Chief Product Officer and co-founder of LogicGate. "With the introduction of Automated Evidence Collection, we are transforming how Risk Cloud customers manage evidence for security compliance, saving massive amounts of time and reducing human error.” Completing evidence requests is often seen as a vital, yet tedious and time-consuming process for compliance team members. By automating the evidence collection process, the security compliance team becomes more of a partner to control owners, elevating their reputation within an organization and allowing them to focus on higher-impact tasks. This new capability systematically and automatically gathers, validates, and manages critical data and evidence central to an organization's risk management and compliance initiatives. By employing automated workflows, it seamlessly assimilates data from diverse sources, from internal systems to external data feeds, reducing the need for manual interventions and mitigating the risk of human inaccuracies. Key advantages of the Automated Evidence Collection feature within Risk Cloud include: Time and Resource Optimization: Eliminates manual data gathering and verification, automates reporting, saving time and reducing the resources required to compile evidence. Increased Accuracy and Reliability: Ensures consistent and standardized data collection, reducing human error risk and providing more reliable information for compliance audits and risk assessments. Enhanced Compliance and Audit Readiness: Helps organizations maintain continuous compliance and audit readiness with accurate and up-to-date evidence. Near-Real-time Monitoring and Visibility: Automated solutions allow organizations to promptly identify and address compliance gaps and enhance proactive risk management. Scalability and Efficiency: Handle large volumes of data and evidence from various sources, making it scalable for organizations of all sizes and complexities. Streamlined Reporting and Documentation: Create comprehensive and standardized reports and documentation for compliance audits and reporting purposes. Learn more about LogicGate’s Automated Evidence Collection feature. Risk Cloud is a no-code risk and compliance platform purpose-built to scale and streamline risk assessment, regulatory compliance, and strategic decision-making. Risk Cloud ensures proactive risk mitigation and strategic alignment with a user-friendly interface, automated processes, advanced analytics, and real-time insights.September 13, 2023 — LogicGate, a leading provider of Governance, Risk, and Compliance (GRC) solutions through its Risk…
September 13, 2023 — LogicGate, a leading provider of Governance, Risk, and Compliance (GRC) solutions through its Risk Cloud® platform, announced today that Crain’s Chicago Business has included it in its annual Best Places to Work in Chicago ranking for the fourth consecutive year. You can view the complete list on Crain’s website along with a breakdown based on company size. The awards program is designed to identify, recognize and honor the 100 best companies to work for in the Chicago area. In partnership with Best Companies Group, Crain’s surveyed thousands of employees and their employers on the working conditions, benefits and corporate culture that make a company a great place to work. Winners were determined by the results of Best Companies Group’s weighted surveys. To be considered for participation, companies had to: Be a publicly or privately held business, either for-profit or nonprofit. Have a facility in the Chicago area, including the counties of Cook, DuPage, Kane, Lake, McHenry and Will in Illinois and Lake in Indiana. Have a minimum of 25 full-time or part-time employees. Determining the Best Places to Work in Chicago involved a two-step process. The first consisted of evaluating each company’s workplace policies, practices and demographics. This part of the process was worth approximately 25% of the total evaluation. The second consisted of employee surveys to assess their experiences and attitudes. This part was worth approximately 75% of the total evaluation. Best Companies Group managed the registration and survey process and analyzed the data, using its expertise to determine the final ranking. About Crain’s Chicago Business Crain’s Chicago Business is the top source of news, analysis and information on business in metropolitan Chicago for decision-makers in the private and public sectors. Crain's publishes a weekly business magazine, providing deeper analysis, commentary, special reports and features. Crain's also produces databases, live events and sponsored content, all with the aim of deepening readers' understanding of local business. Crain’s Chicago Business is the leading source of information on Chicago’s economy, the companies, industries and institutions that operate here and the entrepreneurs and innovators who drive the city’s growth. About LogicGate LogicGate® is a global leader in transformative risk management and compliance solutions. Our award-winning Governance, Risk, and Compliance (GRC) platform, Risk Cloud®, enables customers to understand and navigate risks, turning them into strategic advantages. With an unwavering commitment to fostering business resilience in dynamic landscapes, LogicGate is actively shaping the future of risk management. Learn more about our solutions by visiting www.logicgate.com.Application Set Empowers Organizations To Navigate SEC Proposed Cybersecurity Rules
CHICAGO, IL –– September 6, 2023 –– LogicGate, a leading provider of Governance, Risk, and Compliance (GRC) solutions through its Risk Cloud® platform, announced today the launch of its Securities and Exchange Commission (SEC) Cyber Compliance Solution. This innovative offering equips organizations with the necessary tools and expertise to navigate these new regulatory changes regarding cybersecurity disclosures. “We understand the challenges organizations face as they navigate the evolving regulatory landscape and maintain compliance with new standards,” said Matt Kunkel, CEO of LogicGate. “Our SEC Cyber Compliance Solution empowers customers to seamlessly transition into regulatory changes while enhancing their risk management and compliance initiatives.” Within LogicGate’s Risk Cloud platform, the SEC Cyber Compliance Solution allows organizations to address new cybersecurity regulations set forth by the SEC proactively. These regulations require timely disclosure of material cybersecurity incidents and an enhanced level of transparency in identifying, assessing, and managing risks related to cybersecurity threats. Key capabilities within Risk Cloud for SEC compliance requirements include: Incident Management - Streamlining incident reporting and triage for effective response assignments and expedient remediation tracking. Cyber Risk Management - Simplified reporting dashboards that identify, quantify, and prioritize cyber risks, facilitating information sharing and response prioritization across the organization. Third-Party Risk Management - Accelerating vendor onboarding by linking vendor controls, audits, and findings while prioritizing third-party risks. Risk Quantification - Enhancing risk prioritization, planning, and response strategies by quantifying risk and potential financial impact. Policy & Procedure Management - Automating policy creation, review, and approval processes alongside meticulous tracking of revision history and employee acknowledgment status. Controls Management - Increasing program efficiency by automating evidence collection, dynamically linking risks, controls, evaluations, and evidence-reducing redundant controls and evaluations Learn more about LogicGate’s SEC Cyber Compliance Solution. Risk Cloud is a no-code risk and compliance platform purpose-built to scale and streamline risk assessment, regulatory compliance, and strategic decision-making. Risk Cloud ensures proactive risk mitigation and strategic alignment with a user-friendly interface, automated processes, advanced analytics, and real-time insights.CHICAGO –– August 15, 2023 –– LogicGate, a leading provider of transformative risk and compliance solutions through its…
CHICAGO –– August 15, 2023 –– LogicGate, a leading provider of transformative risk and compliance solutions through its Risk Cloud® platform, was named to the Inc. 5000, a list of the fastest-growing privately held U.S. companies, for the third year in a row. Ranking at No. 1844, LogicGate is placed in the top 40% of all private companies in the US. “Our presence on the Inc. 5000 list for a third consecutive year is a remarkable achievement that highlights the reciprocal relationship between our customers and employees,” said Matt Kunkel, LogicGate Chief Executive Officer. “The combined dedication, trust, and collaboration have been pivotal in driving our sustained growth at scale, fostering a dynamic partnership where our customers' evolving needs fuel our innovation, and our employees' unwavering commitment propels us forward. This recognition is a tribute to their joint efforts, and we're excited to continue this journey together, creating mutual success and embracing new horizons.” Founded in 2015 by three GRC consultants who knew there was a better way for customers to automate and implement effective GRC programs, LogicGate has grown into a company of 265 dedicated employees, helping customers in healthcare, financial services, telecom, and other highly regulated industries keep their organizations secure and turn risk into strategic opportunity. At its core, LogicGate works to empower companies with flexible, easy-to-use technology that steers the course of their success, transforming business risk into business growth. The Inc. 5000 class of 2023 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges. Among this year’s top 500 companies, the average median three-year revenue growth rate ticked up to an astonishing 2,238 percent. In all, this year’s Inc. 5000 companies have added 1,187,266 jobs to the economy over the past three years. “Running a business has only gotten harder since the end of the pandemic,” says Inc. editor-in-chief Scott Omelianuk. “To make the Inc. 5000 — with the fast growth that requires — is truly an accomplishment. Inc. is thrilled to honor the companies that are building our future. For complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, location, and other criteria, go to www.inc.com/inc5000.Cyber Risk & Controls Compliance solution recognized for product excellence
CHICAGO –– AUGUST 14, 2023 –– LogicGate, a leading provider of transformative risk and compliance solutions through its Risk Cloud® platform, today announced the Cyber Risk & Controls Compliance solution was named the winner of a Silver Stevie® Award in the Governance, Risk, and Compliance category in The 20th Annual International Business Awards® today. “As organizations face increased cybersecurity risks, it’s vital that their risk management teams continually evolve their approach to managing these threats,” said Megan Sawle, Senior Director of Product Marketing. “Being named a Silver Stevie Award winner serves as a clear affirmation of the daily efforts our teams invest in assisting our customers in quantifying, prioritizing, and mitigating cyber threats, and we look forward to continually evolving our product as their needs change.” LogicGate, through its Cyber Risk & Controls Compliance Application within Risk Cloud, offers organizations the ability to develop a proactive cyber risk and compliance program and enables them to rapidly adapt to the continuous changes in the cyber risk environment. Organizations can assess cyber risks and their multiple related threats, vulnerabilities, and assets at a more granular level, while also taking into account the effectiveness of associated controls. At its core, LogicGate aims to help customers better prioritize and effectively mitigate risks and turn them into opportunities. Judges for the Stevie Awards were impressed with Risk Cloud and the Cyber Risk & Controls Compliance Solution, providing glowing feedback: “(LogicGate's Risk Cloud) is a powerful and user-friendly tool that offers a holistic approach to managing cyber risk, streamlining processes, enhancing visibility, and providing valuable context to support effective decision-making and cybersecurity initiatives. Its extensive capabilities and integration with existing tools make it a highly valuable asset for organizations seeking to strengthen their cybersecurity posture and protect their critical assets.” “Risk Cloud's Cyber Risk & Controls Compliance Solution gives a thorough and effective method for controlling cyber risk. Organizations benefit from its capacity to translate risk into monetary terms and link cyberthreats to economic effect. Customers' enthusiastic reviews and success tales serve as evidence of its efficiency in enhancing cybersecurity risk management. Its value to clients can be further increased by ongoing improvements and integration with other technologies.” More than 3,700 nominations from organizations of all sizes and in virtually every industry were submitted this year for consideration in a wide range of categories, including Company of the Year, Marketing Campaign of the Year, Best New Product or Service of the Year, Startup of the Year, Corporate Social Responsibility Program of the Year, and Executive of the Year, among others. This year’s competition also featured a number of new categories to recognize organizations’ and individuals’ achievements in sustainability initiatives. “Nominations to the International Business Awards get better every year, and this year’s class of Stevie winners is the most impressive yet,” said Stevie Awards president Maggie Miller. “The winners have demonstrated that their organizations have set and achieved lofty goals. We congratulate them on their recognized achievements, and look forward to celebrating them on stage in Rome on 13 October.” … For more information on how LogicGate connects cyber risk with business impact with Risk Cloud, visit the LogicGate website.LogicGate®, a leading provider of transformative risk and compliance solutions through its Risk Cloud® platform, has earned a…
With a focus on offering the most nimble solution to empower businesses to proactively transform risk enterprise-wide, LogicGate prioritizes providing customers with the best possible experience. That emphasis is validated by the 99% of users who rated LogicGate Risk Cloud 4 or 5 stars, 98% of reviewers that said it was easy to do business with LogicGate Risk Cloud, and the 98% of users who were satisfied with LogicGate’s quality of support. G2 is a peer-to-peer business solutions review website. Within the GRC Platforms category, products are ranked by customer satisfaction and market presence and placed into one of four categories on the Grid. Products in the Leader quadrant are rated highly by G2 users and have substantial Market Presence scores. View the full Summer 2023 Grid Report for GRC PlatformsNew technology and features help organizations tie risk to business impact
CHICAGO, June 5, 2023 – LogicGate®, the leading risk and compliance platform for cybersecurity teams, today shared at the Gartner® Security & Risk Management Summit a new OpenAI integration that will help automate and inform GRC processes, including policy generation. Founded in 2015 by seasoned risk consultants, LogicGate automates and centralizes tedious, time-consuming governance, risk, and compliance (GRC) workflows with Risk Cloud®, its integrated and scalable GRC platform. “Organizations are looking for ways to leverage the new crop of generative AI models to make their risk management and GRC processes much more efficient and automated,” said Jon Siegler, Chief Product Officer at LogicGate. “Customers now have the ability to integrate OpenAI functionality into their policy and procedure management process, allowing them to avoid writing policies from scratch and move directly into review and approval by generating policy and procedure documents with just a few clicks.” The integration of OpenAI will help LogicGate customers easily implement and utilize AI technology with current Risk Cloud applications, scale content generation, and quickly solve complex problems with AI-powered systems and models like GPT-4. When added into purpose-built Risk Cloud Applications like Policy & Procedure Management, customers can choose to quickly generate policy documents to accelerate policy management processes – all without leaving the platform. Additional new offerings available to LogicGate Risk Cloud® customers include: Cyber Risk & Controls Compliance Solution: Risk Cloud’s Cyber Risk & Controls Compliance Solution links cyber threats to business impact, so teams can add business context to any cybersecurity decision, prioritize remediation, and report what matters most to key stakeholders. Fully-Managed Cyber Risk Quantification: Risk Cloud helps cyber leaders quantify security risk in financial terms, an important step as organizations prepare to address upcoming SEC regulations. With this new offering, clients can accelerate cyber risk quantification initiatives with guidance from seasoned risk professionals and a scalable program powered by Risk Cloud Quantify®. Accelerated FedRAMP Certification: Achieving FedRAMP certification is a costly, time-intensive, and document-heavy process. Risk Cloud’s newly developed FedRAMP System Security Plan (SSP) Premium Application saves teams time by automatically creating and populating a FedRAMP SSP with relevant security controls and findings in just a few clicks. Coming Soon! Automated Evidence Collection: Automate control evidence collection across more than 20 cybersecurity and privacy compliance frameworks to focus teams on what matters most: increasing agility, building trust, and delivering actionable risk insights. “With these new product integrations, LogicGate is taking just the first of many steps toward integrating AI into our Risk Cloud platform,” said Jay Jamison, President of Product and Technology at LogicGate. “Advancements like OpenAI, Cyber Risk Quantification, and Automated Evidence Collection, alongside partnerships with industry leaders, fulfill our mission to help organizations proactively understand, manage, and mitigate their ever-changing risk and compliance landscape.” Learn More at Gartner Security & Risk Management Summit To learn more about LogicGate and Risk Cloud, visit the LogicGate team in Booth #1159 at the Gartner Security & Risk Management Summit from June 5-7, 2023 in National Harbor, MD.Cyber risk quantification, automated evidence collection turn risk into revenue
CHICAGO, April 24, 2023 – LogicGate, the leading risk and compliance platform for cybersecurity teams, today unveiled new solutions at RSAC 2023™ to transform business risk into a strategic advantage. Founded in 2015 by seasoned risk consultants, LogicGate automates and centralizes tedious, time-consuming governance, risk, and compliance (GRC) workflows with Risk Cloud®, its integrated and scalable GRC platform. “Today’s business environment is more digital, more complex, and faster moving than ever, and these trends are only accelerating. For any cyber leader at RSAC, managing cyber risk and managing enterprise risk are two sides of a very important coin,” said Jay Jamison, President of Product Technology at LogicGate. “These leaders need powerful, flexible software platforms to help them dynamically link assets, risks, vulnerabilities, and controls to automatically quantify residual risk with every control evaluation and prioritize mitigations. That’s why LogicGate built Risk Cloud, and today’s announcements show deep commitment to continuing our market leadership in helping clients address their complex enterprise and cyber risk management challenges.” New offerings available inside LogicGate Risk Cloud include: Cyber Risk & Controls Compliance Solution: Risk Cloud’s Cyber Risk & Controls Compliance Solution links cyber threats to business impact, so teams can add business context to any cybersecurity decision, prioritize remediation, and report what matters most to key stakeholders. Fully-Managed Cyber Risk Quantification: The partnership of LogicGate and global consulting firm Protiviti helps cyber leaders quantify security risk in financial terms, an important step as organizations prepare to address upcoming SEC regulations. With this new offering, clients can accelerate cyber risk quantification initiatives with proven insights from Protiviti and a scalable program powered by Risk Cloud Quantify®. Accelerated FedRAMP Certification: Achieving FedRAMP certification is a costly, time-intensive, and document-heavy process. Risk Cloud’s newly developed FedRAMP System Security Plan (SSP) Premium Application saves teams time and money by automatically creating and populating a FedRAMP SSP with relevant security controls and findings in just a few clicks. Coming Soon! Automated Evidence Collection: Automate control evidence collection across more than 20 cybersecurity and privacy compliance frameworks to focus teams on what matters most: increasing agility, building trust, and delivering actionable risk insights. “LogicGate customers increasingly report the growing influence of cybersecurity, supply chain, and geopolitical risks on their business initiatives,” said Matt Kunkel, CEO. “In partnership with industry leaders like Optiv, GuidePoint Security, and Black Kite, it’s our mission to deliver the most integrated and agile GRC solutions possible to help clients navigate related economic uncertainty and rapid regulatory change.” Learn More at RSA Conference To learn more about LogicGate and Risk Cloud, visit the LogicGate team in Booth #4311 at the RSA Conference from April 24-27, 2023 in San Francisco, CA.LogicGate®, a leading provider of transformative risk and compliance solutions through its Risk Cloud® platform, has earned a…
With a focus on offering the most nimble solution to empower businesses to proactively transform risk enterprise-wide, LogicGate prioritizes providing customers with the best possible experience. That emphasis is validated by the 97% of users who rated LogicGate Risk Cloud at least 4 out of 5 stars, 98% of reviewers that said it was easy to do business with LogicGate Risk Cloud, and the 98% of users who were satisfied with LogicGate’s quality of support. G2 is a peer-to-peer business solutions review website. Within the GRC Platforms category, products are ranked by customer satisfaction and market presence and placed into one of four categories on the Grid. Products in the Leader quadrant are rated highly by G2 users and have substantial Market Presence scores. View the full Spring 2023 Grid Report for GRC PlatformsCHICAGO –– March 13, 2023 –– LogicGate, a leading provider of transformative risk and compliance solutions through its…
CHICAGO –– March 13, 2023 –– LogicGate, a leading provider of transformative risk and compliance solutions through its Risk Cloud® platform, was named a Gold Award winner in the 19th annual Globee® Cybersecurity Awards in the Security Cloud/SaaS category. The Globee Cybersecurity Awards recognize cybersecurity companies and professionals for their innovative approaches and effective solutions in ensuring security in the digital age. The awards cover various categories such as risk management, threat detection, cloud security, data privacy, and more. The program aims to raise awareness about cybersecurity issues and honor those who have made significant contributions in protecting organizations and individuals from cyber threats. “As cyber threats evolve, so too must an organization’s approach to preventing attacks and mitigating breaches when they happen,” said Nicholas Kathmann, LogicGate CISO. “Winning this award is a testament to the work our teams put in every day to help our customers manage their cybersecurity threat landscape. We look forward to growing and evolving our product offering alongside our customers' needs” LogicGate, through their Cyber Risk & Controls Compliance Application within Risk Cloud, offers organizations the ability to develop a proactive cyber risk and compliance program and enables them to rapidly adapt to the continuous changes in the cyber risk environment. Organizations can assess cyber risks and their multiple related threats, vulnerabilities, and assets at a more granular level, while also taking into account the effectiveness of associated controls. At its core, LogicGate aims to help customers better prioritize and effectively mitigate risks and turn them into opportunities. “I would like to congratulate all the winners of the 2023 Globee Cybersecurity Awards for their outstanding contributions in securing the digital landscape,” said San Madan, President of Globee Awards. “Your hard work, innovation, and commitment to cybersecurity are essential to protecting our digital future. Your achievement serves as an inspiration to others in the industry and demonstrates the power of collaboration, innovation, and dedication. I, along with my team, are proud to honor your accomplishments and celebrate your success.” For more information on how LogicGate seamlessly unites privacy and security with Risk Cloud, visit the LogicGate website.At LogicGate, we operate by a clear set of core values, that help us navigate our business with…
At LogicGate, we operate by a clear set of core values, that help us navigate our business with integrity and curiosity; we try new things, reject mediocrity, and do the right thing even when nobody’s looking. We recognize that Diversity, Equity, Inclusion, and Belonging (DEIB) plays a critical role in our ability to live up to these core values. Today, we are excited to share our 2023 DEIB Report. This report is a transparent look at where we were a year ago, the progress we’ve made to date, and our three overall focus areas as we move into 2023 and beyond. We are proud of our commitment in this area and excited about the journey ahead as we think about our employees, our customers, and our partners. Download our 2023 LogicGate DEIB Report now.CHICAGO –– February 1, 2023 –– LogicGate, a leading provider of transformative risk and compliance solutions through its…
CHICAGO –– February 1, 2023 –– LogicGate, a leading provider of transformative risk and compliance solutions through its Risk Cloud® platform, today announced an expanded international presence and partnership to help risk leaders across the world transform, connect, and scale their GRC programs. To support its growth, LogicGate launched a new partnership with Climb Channel Solutions, an international specialty technology distributor and wholly-owned subsidiary of Climb Global Solutions, Inc. (NASDAQ: CLMB). According to Gartner, 75% of the global population will have privacy protections by the end of 2024. As the global regulatory environment grows increasingly complex, companies need to bring security and privacy teams together to increase collaboration, communication and visibility across the organization. Through their partnership, LogicGate and Climb will help multinational organizations navigate global security and privacy concerns by developing holistic, centralized and connected GRC programs. “In today’s evolving GRC landscape, privacy doesn’t equal security, and security doesn’t always translate to compliance,” said Andy Ruse, president of field operations at LogicGate. “As organizations navigate the complexities of our global regulatory system, they need to move beyond ‘checking the compliance box’ to ensure their systems are compliant and secure. By partnering with Climb, we’re taking a major step forward in bringing holistic GRC to the EMEA market and helping global companies transform their risks into strategic opportunities.” Leveraging the partnership, LogicGate will strategically expand its EMEA presence by increasing sales and customer success for its Risk Cloud platform. The company’s fast-growing user base in the region includes customers like Equiniti, Zurich Insurance, and Luno. “In today’s global risk landscape, many companies have difficulty communicating privacy and security issues to stakeholders, prioritizing decision-making on business context and aligning teams around shared outcomes,” said Andrew Fidgeon, Business Development Director at Climb Channel Solutions. “LogicGate’s Risk Cloud platform enables leaders to ensure their systems are both compliant and secure by easily breaking down silos and encouraging cross-departmental collaboration across the organization.” LogicGate’s international expansion marks another important milestone in the company’s growth plans. This year alone, LogicGate has released eight GRC Applications and continues to innovate in cyber risk and controls compliance, including advancements in cyber risk quantification and continuous control monitoring integrations. Because of its investment in the Risk Cloud platform, LogicGate was recognized as a “Strong Performer” in The Forrester Wave™: Third-Party Risk Management Platforms, Q2 2022 report and named a Leader on the G2 Grid Report for GRC Platforms in Winter 2023 for the 14th consecutive quarter. For more information on how LogicGate seamlessly unites privacy and security with Risk Cloud, visit the our website.Former Dell Technologies cybersecurity director to grow LogicGate’s information security initiatives
CHICAGO –– January 24, 2023 –– LogicGate, a leading provider of transformative risk and compliance solutions through its Risk Cloud® platform, has hired Nicholas Kathmann as its Chief Information Security Officer (CISO). With over 20 years of enterprise security experience, Kathmann will help scale the company’s information security program, manage its external system security, drive platform security innovations and engage with LogicGate customers on security management. “To build on LogicGate’s growth and market position, we need the right person to innovate and advance our information security program,” said Jay Jamison, president of product and technology at LogicGate. “Nick’s breadth of enterprise security experience made him an obvious choice for the role. With Nick at the helm of our security organization, we’re focusing on executing an effective internal security strategy to drive long-term success.” A seasoned technology executive, Kathmann brings a strong track record of delivering innovative security solutions for small to medium-sized businesses and Fortune 100 enterprises. Most recently, Kathmann served as director of cybersecurity at Dell Technologies, overseeing the internal cybersecurity program as well as leading the MSSP practice under the trade name xStreamCare Services™ for Security and Compliance. He also played a critical role in architecting and improving Dell Technologies’ Trust Platform, a comprehensive security automation and visibility technology. Before joining Dell Technologies, Kathmann managed security and compliance at VirtuStream, which Dell acquired in 2020, and bolstered his enterprise experience at Dell EMC, RSA and more. “With more complex, rapidly evolving threats, companies need holistic GRC programs to continuously assess and manage their risk postures,” Kathmann said. “However, to deliver these solutions, we have a greater responsibility to offer innovative security processes that keep our customers and our company's data safe. I'm eager to get to work to help strengthen our platform's security, cultivate trust among our Risk Cloud user base, and allowing LogicGate customers to strengthen their security posture." Kathmann’s hiring comes as LogicGate scales its Risk Cloud platform to empower users to develop agile, holistic risk programs. The company recently announced its Cyber Risk & Controls Compliance Solution, empowering IT leaders to visualize, understand and optimize their cybersecurity posture. Because of its commitment to platform growth, G2 named LogicGate’s Risk Cloud to its list of leading GRC platforms for the 14th consecutive quarter.LogicGate®, a leading provider of transformative risk and compliance solutions through its Risk Cloud® platform, has earned a…
With a focus on offering the most nimble solution to empower businesses to proactively transform risk enterprise-wide, LogicGate prioritizes providing customers with the best possible experience. This is further validated by the 99% of users rated LogicGate Risk Cloud 4 out of 5 stars, 98% of reviewers that said it was easy to do business with LogicGate Risk Cloud, and the 98% of users were satisfied with LogicGate’s quality of support. G2 is a peer-to-peer business solutions review website. Within the GRC Platforms category, products are ranked by customer satisfaction and market presence and placed into one of four categories on the Grid. Products in the Leader quadrant are rated highly by G2 users and have substantial Market Presence scores. View the full Winter 2023 Grid Report for GRC PlatformsCHICAGO –– Nov. 29, 2022 –– LogicGate, creator of the transformative risk and compliance management platform Risk Cloud®,…
CHICAGO –– Nov. 29, 2022 –– LogicGate, creator of the transformative risk and compliance management platform Risk Cloud®, has launched its Cyber Risk & Controls Compliance Solution, empowering IT and risk leaders to visualize, understand and optimize their cybersecurity posture. LogicGate’s unmatched solution enables cyber teams to translate cyber risk into financial impact, prioritize cyber risk response and resource allocation, and seamlessly connect their cyber risk management and enterprise risk management programs. The average data breach cost for organizations globally hit an all-time high of $4.35 million in 2022. Enterprises now face exponentially growing cyber vulnerabilities and threats, escalating regulatory requirements and rising cyber insurance expectations, making cyber risk management more complex and essential to business than ever. To understand their cyber risk posture, prove the viability of their internal controls and effectively communicate cyber risk priorities to the board, enterprises need a centralized, connected view of their assets, vulnerabilities and controls. LogicGate’s robust new offering brings all the visibility from connected cyber asset management solutions to the Risk Cloud platform so risk leaders can automate proactive cyber risk mitigation strategies at scale. “Cyber risk is the enterprise risk blind spot of far too many businesses. In today’s rapidly changing environment, you can’t manage enterprise risk if you’re not managing cyber risk,” said Jon Siegler, Chief Product Officer at LogicGate. “With this new comprehensive offering, LogicGate customers can embed cyber risk mitigation in their holistic GRC strategy, approaching cyber risk as a united front. By leveraging our powerful risk quantification capabilities within their cyber risk programs, our customers will offer decision-makers a complete picture of their cybersecurity posture using the language of the business — money.” LogicGate’s Cyber Risk & Controls Compliance Solution offers: Centralized view of assets, risks and cyber controls: The solution links controls to assets and assets to risks to visualize cyber risk across your environment from a consolidated, simplified view. Proactive, prioritized risk response: The Cyber Risk Application links data from an organization’s asset and vulnerability management solutions to help teams assess expected impact of cyber threats, identify assets at risk and prioritize response. Risk quantification and reporting within the business context: Risk Cloud Quantify® assigns financial value to cyber risks, empowering teams to communicate priorities to stakeholders using a common language. Connected risk management ecosystem: Bringing cyber risk management and enterprise risk management into one dashboard centralizes and streamlines risk management functions across an enterprise, eliminating data silos, improving cross-team collaboration, and enabling more strategic decisions. Check out LogicGate’s “Straight From a CISO: 4 Cyber Risk Priorities in 2023” webinar on demand with Cyber Risk & GRC Expert Chris Patteson to learn how CISOs use the Cyber Risk and Controls Compliance Solution to turn risk into a strategic advantage.LogicGate announced today that it has been awarded a Top Workplaces 2022 honor by Chicago Tribune Top Workplaces,…
CHICAGO –– November 4, 2022 –– LogicGate, a leading provider of transformative risk and compliance solutions through its Risk Cloud® platform, announced today that it has been awarded a Top Workplaces 2022 honor by Chicago Tribune Top Workplaces, for the third consecutive year. The annually compiled list is based solely on employee feedback gathered through a third-party survey administered by employee engagement technology partner Energage LLC. The anonymous survey uniquely measures 15 culture drivers that are critical to the success of any organization, including things such as alignment, execution, and connection. “Earning a Top Workplaces award is a badge of honor for companies, especially because it comes authentically from their employees,” said Eric Rubino, Energage CEO. “That's something to be proud of. In today's market, leaders must ensure they’re allowing employees to have a voice and be heard. That's paramount. Top Workplaces do this, and it pays dividends.” “LogicGate employees come from a wide range of different backgrounds, experiences, and world views, bringing unique perspectives on providing solutions for our customers,” said LogicGate CEO Matt Kunkel. “This award is a validation of our commitment to company culture and creating a positive environment where our people feel welcomed and are able to do their best work.” As well as being named as a Top Workplace by The Chicago Tribune, LogicGate was recently named a Leader on the Fall 2022 G2 GridⓇ for GRC Platforms Report for the 13th consecutive quarter. Based on customer satisfaction scores and market presence, G2’s report highlighted key takeaways, including: 99% of users rated LogicGate Risk Cloud 4 or 5 stars. 94% of users believe Risk Cloud is “headed in the right direction.” 92% of users said they would be likely to recommend the platform. 98% of reviewers said they were satisfied with the quality of support offered for Risk Cloud. 98% of reviewers said it was easy to do business with LogicGate. Download the complete report and learn more about LogicGate’s Risk Cloud® here.LogicGate, a leading provider of transformative risk and compliance solutions through its Risk Cloud® platform, has been recognized…
CHICAGO – Oct. 21, 2022 –– LogicGate, a leading provider of transformative risk and compliance solutions through its Risk Cloud® platform, has been recognized as a product leader within the SaaS, risk management and cybersecurity spaces. The global enterprise governance, risk and compliance (GRC) market size was estimated at $40.84 billion in 2021 and is expected to reach $134.8 billion by 2028. LogicGate continues to scale its Risk Cloud® platform to meet the needs of the growing market, offering flexible GRC solutions to help companies navigate a high-risk business climate. As a result, The SaaS Awards has recognized LogicGate, shortlisted the company in the Best Enterprise-Level SaaS Product category. The prestigious award program celebrates SaaS solutions across public clouds, as well as alongside private, single-tenant solutions, off-premise or on-premise. “Company leaders and risk management professionals face more risks — with greater complexity — than ever before,” said Jon Siegler, chief product officer and co-founder of LogicGate. “With LogicGate’s suite of solutions, we’re enabling decision-makers to identify, manage, mitigate, and communicate risks more quickly and effectively across their entire organization. This streamlined approach ensures organizations avoid critical mistakes and turn GRC into a revenue driver. We’ll continue to evolve as risks evolve, empowering our customers to elevate their GRC success.” LogicGate’s commitment to developing its Risk Cloud has also earned recent recognition as: Finalist for Computing's Technology Product Awards, Best Business Security Provider (SME) category. The Bronze Award for the 19th Annual Stevie International Business Award program for Computer Software Company of the Year (Medium Size). The Gold Winner in the 2022 Cybersecurity Excellence Awards program for Risk Management Product, North America (100 to 499 employees). Shortlist for Cyber Security Company of the Year by the Global Business Tech Awards. Best Tech Startup finalist for the 2022 Timmy Awards. To learn more about LogicGate and its Risk Cloud platform, visit LogicGate.com.LogicGate, a leading provider of transformative risk and compliance solutions through its Risk Cloud® platform, concluded its third…
CHICAGO –– Sept. 30, 2022 –– LogicGate, a leading provider of transformative risk and compliance solutions through its Risk Cloud® platform, concluded its third annual user conference, Agility 2022. Under the theme of “Real Risk. Real Solutions. Real Rewards.,” Agility 2022 convened privacy, GRC and risk management leaders to share best practices on how to manage cyber and operational risks in a holistic and secure way. Sessions were led by LogicGate leadership and Risk Cloud experts, industry thought leaders and customers including Optiv, Zoom, Honeywell, Equiniti, Delta Dental of Michigan, Purpose Financial and more. Several key themes emerged from two days of insightful strategic and technical sessions: Just start: Risk programs aren’t created overnight. You should start assessing data maturity, defining risks, creating workflows and implementing risk assessments into the organization. Not every risk or scenario is the same, but it’s important to start. At Salesforce's annual Dreamforce conference, Co-CEO Marc Benioff addressed the importance of security: “There’s no finish line when it comes to security and social engineering. There are things that we're going to need to do to help our customers prevent these kinds of issues.” Before formalizing a risk program, GRC professionals should: (1) Implement risk policies before trying to execute them. (2) Educate leaders on the company’s risk posture while building the program, not afterward. (3) Always think in terms of people, process and technology – in that order. Prioritize cyber risk: Nearly 75% of global cyber-risk decision makers have experienced at least one cyberattack in the past year. Whether it’s a phishing scam or a data breach, cyber risk management helps companies execute plans to counteract security problems. Cyber risk management is enterprise risk management in today’s business landscape. But don’t let it be the organization’s blind spot – use a business system inventory to centralize all data, create cross-functional processes to communicate cyber risk, and add business context to cyber risk decision-making. Break down organizational silos: Risk is everyone’s responsibility. You need to create a shared language of risk throughout your organization and identify champions for risk measurement and mitigation. The more risk becomes a common discussion throughout an organization, the better. When communicating risk to the board, leverage risk quantification to translate it into terms its members understand – business impact. “LogicGate is deeply committed to empowering our customers. We want them to win and find success,” said Matt Kunkel, co-founder and CEO of LogicGate. “But after meeting with our customers again at Agility 2022, it’s clear that risk management is a journey, not a finish line. Effective risk management requires businesses to build trust within the organization and across key stakeholders. Creating a holistic risk culture helps every employee understand how risks map back to strategic goals and objectives, breaking down the silos that prevent businesses from maximizing their risk ROI.” To access Agility 2022’s on-demand sessions, visit agility.logicgate.com.CHICAGO –– September 22, 2022 –– LogicGate, a leading provider of transformative risk and compliance solutions through its…
CHICAGO –– September 22, 2022 –– LogicGate, a leading provider of transformative risk and compliance solutions through its Risk Cloud® platform, has been named a Leader on the G2 Grid Report for GRC Platforms Fall 2022. The announcement marks LogicGate’s 13th consecutive quarter as a Leader, based on receiving a high customer satisfaction score and having a large market presence. The global enterprise GRC market size was estimated at $40.84 billion in 2021 and is expected to reach $134.8 billion by 2028. LogicGate continues to scale its Risk Cloud platform to meet the needs of a growing market, offering flexible GRC solutions to help companies navigate a high-risk business climate. Leveraging Risk Cloud, LogicGate customers can enhance their GRC programs, ensuring entire risk teams — and companies — identify, quantify, and elevate risks while building holistic GRC programs. “With more complex, rapidly evolving risks, GRC is everyone’s responsibility,” said Matt Kunkel, CEO and co-founder of LogicGate. “At LogicGate, we’re working with businesses and company leaders who are committed to identifying, mitigating, and communicating risks effectively across their entire organization. And we’re committed to growing our Risk Cloud platform to meet the needs of our customers in today’s growing GRC market.” Key takeaways from G2’s report include: 99% of users rated LogicGate Risk Cloud 4 or 5 stars. 94% of users believe Risk Cloud is “headed in the right direction.” 92% of users said they would be likely to recommend the platform. 98% of reviewers said they were satisfied with the quality of support offered for Risk Cloud. 98% of reviewers said it was easy to do business with LogicGate. Find the G2 Grid Report for GRC Platforms Fall 2022 here.August 19, 2022 — LogicGate has been ranked #62 by Crain’s Chicago Business in its annual Best Places…
August 19, 2022 — LogicGate has been ranked #62 by Crain’s Chicago Business in its annual Best Places to Work in Chicago ranking for the third consecutive year. You can view the complete list on Crain’s website along with a breakdown based on company size. The Best Places to Work awards aim to identify and honor the top 100 businesses in the Chicago area based on a weighted survey of both employees and employers. The survey asks respondents about working conditions, corporate culture, and how employees are treated. Responses are then analyzed to identify award winners and determine rankings. The awards aim to recognize and spotlight the best places to work in Chicago. To be considered for a spot on the list, companies must: Be a public or privately held company Be for-profit, government entity, or not-for-profit business Have a facility in the Chicago area (which includes the counties of DuPage, Lake in Illinois, Lake in Indiana, McHenry, Will, or Cook) Employ a minimum of 25 full-time or part-time employees who work in Chicago Be an operating business for a minimum of one year Finalists, and their rank, are determined by a two-step process. The first step involves evaluating a company’s practices, policies, and demographics, worth roughly 25% of the total score. Next, employee surveys aim to assess the attitudes and experiences of individual employees about their workplace. The employee survey is worth the remaining 75% of the score. Combined, both scores determine a company’s eligibility for the list and its rank within it. In association with Crain’s Chicago Business, Best Companies Group managed registration, the survey process, and analyzed the results to determine the final ranking order. About Crain’s Chicago Business Crain’s Chicago Business is the top source of news, analysis and information on business in metropolitan Chicago for decision-makers in the private and public sectors. Crain's publishes a weekly business magazine, providing deeper analysis, commentary, special reports and features. Crain's also produces databases, live events and sponsored content, all with the aim of deepening readers' understanding of local business. Crain’s Chicago Business is the leading source of information on Chicago’s economy, the companies, industries and institutions that operate here and the entrepreneurs and innovators who drive the city’s growth. About LogicGate LogicGate® is an industry-recognized leader in cloud-based governance, risk, and compliance (GRC) solutions. Its Risk Cloud® platform enables businesses to manage risks proactively and remain compliant all in real-time. Risk Cloud provides a comprehensive suite of end-to-end solutions that allow for customization and out-of-the-box functionality, empowering companies to manage risks and compliance confidently. The Chicago-based company has received acclaim from Inc’s Top 5000 Fastest Growing Businesses and has been named a GRC leader by G2 Grid for three consecutive years.Inc. Media recently unveiled its Top 5000 Fastest-Growing Companies in America list, and LogicGate once again earned a…
CHICAGO – August 16, 2022 – LogicGate, a leading provider of transformative risk and compliance solutions through its Risk Cloud® platform, was named to the Inc. 5000, a list of the fastest-growing privately held U.S. companies, for the second year in a row. The company ranked No. 1239, placing it among the top 25% of companies in the U.S. “LogicGate is focused on building a community of diverse professionals and an extensive product suite, empowering companies to transform complex risks into opportunities,” said Matt Kunkel, CEO and co-founder of LogicGate. “I’m proud to see our accomplishments recognized alongside other growing private companies as we work to enable our clients’ resilience and agility in the face of ongoing challenges.” The annual Inc. 5000 list is the most prestigious ranking of private companies in America. Under Armour, Microsoft, Patagonia, and many other well-known brands gained their first national exposure as honorees on the Inc. 5000. The companies on the 2022 Inc. 5000 list represent a new cohort of fast-growing private businesses, all of which have demonstrated an ability to succeed amid supply chain challenges, labor shortages, and the ongoing impacts related to COVID-19. “The accomplishment of building one of the fastest-growing companies in the U.S., in light of recent economic roadblocks, cannot be overstated,” said Scott Omelianuk, editor-in-chief of Inc. “Inc. is thrilled to honor the companies that have established themselves through innovation, hard work, and rising to the challenges of today.” Find the complete list of the Inc. 5000 honorees at www.inc.com/inc5000.LogicGate has been named the winner of a Bronze Stevie® Award in the Employer of the Year category…
August 15, 2022 – LogicGate has been named the winner of a Bronze Stevie® Award in the Employer of the Year category in the seventh annual Stevie Awards for Great Employers. The Stevie Awards for Great Employers recognize the world’s best employers and the human resources professionals, teams, achievements and HR-related products and suppliers who help to create and drive great places to work. Winners of the awards, named the Stevies from the Greek word meaning “crowned,” will be recognized during a gala awards dinner on Saturday, September 17 at Caesars Palace in Las Vegas. Registration for the event is now open. Over 950 nominations from organizations of all sizes in 26 nations were submitted this year. Nominations covered a wide range of HR-related categories, including Employer of the Year, Human Resources Team of the Year, Employee Relations Solution Provider, Chief Human Resources Officer of the Year, and Achievement in Workplace Safety & Compliance, among others. “We congratulate all of the winners in the seventh edition of the Stevie Awards for Great Employers, and we look forward to celebrating them in Las Vegas on September 17, our first awards banquet since 2019,” said Stevies’ president Maggie Miller. LogicGate was nominated in the Employer of the Year category in the Computer Software up to 250 Employees subcategory. The company was awarded Bronze in the prestigious category, joining respected organizations throughout the software industry. LogicGate has pioneered a cloud-based governance, risk, and compliance (GRC) management platform that makes managing GRC straightforward and accessible to businesses of all sizes. More than 100 professionals worldwide participated in the judging process to select this year’s Gold, Silver, and Bronze Stevie Award winners. Winners in the Employer of the Year categories were determined by a unique blending of the ratings of the professional judges and more than 80,000 public votes. HiBob sponsored the public vote. The Stevie Awards determine the final scoring using a unique methodology that involves the juries’ peer-reviewed evaluations and public votes from employees, customers, followers, and fans. Details about the Stevie Awards for Great Employers and the list of 2022 Stevie winners are available at www.StevieAwards.com/HR. About LogicGate LogicGate® is an industry-recognized leader in cloud-based governance, risk, and compliance (GRC) solutions. Its Risk Cloud® platform enables businesses to manage risks proactively and remain compliant all in real-time. Risk Cloud provides a comprehensive suite of end-to-end solutions that allow for customization and out-of-the-box functionality, empowering companies to manage risks and compliance confidently. The Chicago-based company has received acclaim from Inc’s Top 5000 Fastest Growing Businesses, Crain’s Best Places to Work in Chicago, and has been named a GRC leader by G2 Grid for three consecutive years. About the Stevie Awards Stevie Awards are conferred in eight programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, the Middle East & North Africa Stevie Awards, The American Business Awards®, The International Business Awards®, the Stevie Awards for Great Employers, the Stevie Awards for Women in Business, and the Stevie Awards for Sales & Customer Service. Stevie Awards competitions receive more than 12,000 entries annually from organizations in more than 70 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at http://www.StevieAwards.com.Risk Cloud was named a leader for GRC Platforms on the G2 Summer 2022 Grid Report.
LogicGate®, a leading provider of transformative risk and compliance solutions through its Risk Cloud® platform, has earned a spot on the Grid® for GRC Platforms as one of the top solutions for the third consecutive year. LogicGate’s Risk Cloud brings all the pieces of GRC together in one collaborative platform so that your whole team can see, interact with, adapt, and build upon as necessary. With Risk Cloud, you’ll stop working in silos, and start identifying gaps in your risk programs, creating links across the enterprise, and uncovering risks you didn’t even know existed. LogicGate partners with customers to provide top-tier implementation and ongoing platform support to ensure customers have the best possible experience. This is validated by the 98% of reviewers that said it was easy to do business with LogicGate Risk Cloud and the 98% of reviewers said they were satisfied with the quality of support offered for Risk Cloud. G2 is a peer-to-peer business solutions review website. Within the GRC Platforms category, products are ranked by customer satisfaction and market presence and placed into one of four categories on the Grid. Products in the Leader quadrant are rated highly by G2 users and have substantial Market Presence scores.Brightest minds in GRC will convene to share best practices, make connections, and learn how the Risk Cloud…
CHICAGO –– June 9, 2022 –– LogicGate, a leading provider of transformative risk and compliance solutions through its Risk Cloud® platform, today announces its third annual user conference, Agility 2022. Leaders at DocuSign, Optiv, Baxter Credit Union, Honeywell, Deepwatch, Delta Dental of Michigan, Purpose Financial, Synergy Credit Union and more will deliver key insights on how to transform risk into strategic opportunities for business growth. With interactive programming designed under the theme Real Risk. Real Solutions. Real Rewards., the conference will help attendees understand how cyber and operational risks are managed in a holistic and secure way. "Risk is more pervasive among businesses than ever before," said Matt Kunkel, CEO and co-founder of LogicGate. "Not only do organizations need to understand how to manage and mitigate risk, but also use it to their strategic advantage. At Agility, we're excited to connect with our customers and foster a community for GRC professionals to share best practices, solutions and actionable strategies for building, operating and scaling robust GRC programs.” Vice president and chief strategy officer of Barrios Technology Ginger Kerrick will deliver the keynote and share the risks she’s taken throughout her renowned career at the Johnson Space Center. Kerrick served as the first female Hispanic flight director in NASA’s history and helped build a culture of risk and resilience there. She continues to be a vocal advocate for elevating women in technology roles. “Every risk I took as the NASA flight director was extremely calculated,” said Kerrick. “From operational safety and readiness to personnel training, we planned out every scenario for our astronauts and created multiple contingencies in case anything would go wrong. The risks I’ve taken have made it possible for me to accomplish my dreams, and I’m excited to share these experiences at Agility 2022.” On Sept. 22-23, insightful breakout sessions and panel discussions will allow attendees to engage with top GRC thought leaders, and gain expert ideas and new techniques to rethink how to approach risk. The conference will facilitate impactful networking with risk professionals worldwide, and offer how-to workshops and a product showcase to share Risk Cloud's roadmap and how to harness the platform to transform GRC programs. Additionally, before the event, LogicGate will host a half-day Build Bash for Power Users event for Risk Cloud users to skill up their GRC knowledge. Recently, LogicGate has significantly expanded its leadership team by hiring a new chief people officer, chief financial officer, president of product and technology and president of field operations. These new additions, along with its recognition as a “Strong Performer” in The Forrester Wave™: Third-Party Risk Management Platforms, Q2 2022 report, will help LogicGate bolster its market position and scale its platform helping hundreds of businesses globally to transform risk into strategic opportunities. For more information and to register for Agility 2022, visit agility.logicgate.com. Use code EARLYBIRD at checkout for 25% off until June 24.Leading global research and advisory firm identifies Risk Cloud as a configurable, flexible third-party risk management platform
CHICAGO –– May 17, 2022 –– LogicGate, a leading provider of transformative risk and compliance solutions through its Risk Cloud® platform, has been recognized as a "Strong Performer" in The Forrester Wave™: Third-Party Risk Management Platforms, Q2 2022 report by leading global research and advisory firm Forrester Research, Inc. Evaluated according to 27 criteria, Risk Cloud earned the highest possible score in the Questionnaire Customization, Planned Enhancements and Customer Community criteria. According to the report, LogicGate strengths include its inhouse content development team, ability to consume financial impact scores through its Black Kite integration, and flexible questionnaire customization in Risk Cloud. Specifically, Forrester notes, “LogicGate’s investment in product and marketing strategy is paying off. The messaging is crisp and role-based; the strong roadmap prioritizes continuous monitoring, risk contextualization, and prioritization features; and [LogicGate] has one of the most straightforward and unambiguous pricing models.” “In today’s digital-first environment, companies rely on third parties to keep critical operations running smoothly. But without a third-party risk management program in place, businesses are left vulnerable,” said Jon Siegler, CPO and co-founder of LogicGate. “Earning this recognition as a strong performer by Forrester is validation for us of our efforts to deliver holistic risk solutions including third-party risk management. We’ll continue to empower our customers, such as Fairway Independent Mortgage, Rabobank, and BankProv to build third-party relationships they can trust – ensuring that their vendors are properly managing their security, compliance, privacy, and ESG programs." This recognition accompanies LogicGate’s growth following its $113 million Series C funding round, which has enabled the company to launch new ESG and internal audit application enhancements and its risk quantification solution, Risk Cloud Quantify®. Additionally, LogicGate has significantly expanded its leadership team by hiring a new chief people officer, chief financial officer, president of product and technology, and president of field operations. These new additions will enable LogicGate to continue bolstering its market position and scaling its platform to help market-leading customers transform risk into strategic opportunities. You can download a copy of The Forrester Wave™: Third-Party Risk Management Platforms, Q2 2022 report here.Risk Cloud users now have the ability to integrate with their apps in their existing Microsoft 365 subscription.
May 10, 2022 – LogicGate introduces a native integration with Microsoft 365 to help customers effectively manage documentation and reports within one holistic platform. This integration enables Risk Cloud users to view, edit and collaborate on Word, Excel, and PowerPoint files across multiple teams and your entire risk program. By leveraging their current Microsoft 365 subscription, customers can now: Save time. No more downloading and then re-uploading documents in order to edit them. View and edit files without ever having to leave Risk Cloud. Collaborate with stakeholders at the same time. Communicate and work with multiple stakeholders on the same documents in real time. See the full picture. Keep records up-to-date at all times and track changes for better visibility into risk processes. To learn more about this integration, visit RCX.comFormer Quickbase and Accruent executives join LogicGate to scale product and revenue functions
CHICAGO — April 27, 2022 — LogicGate®, a leading provider of transformative risk and compliance solutions, announces the hiring of Jay Jamison, as President of Product and Technology and Andy Ruse as President of Field Operations. These leadership additions mark new milestones in LogicGate’s growth following its $113 million Series C funding round, which has enabled the company to enhance its Risk Cloud® platform, expand its presence in international markets, and add talent across the organization. “As we continue elevating our offering and moving up market, we need the right people to scale LogicGate’s product and revenue organizations in order to meet the lofty goals we’ve set for ourselves,” said LogicGate CEO and Co-Founder Matt Kunkel." Jay and Andy’s collective expertise in building world-class teams and driving strategic growth through cross-functional collaboration and customer-first mindsets will be invaluable. Their deep expertise and personal values, which closely reflect those of LogicGate’s, will perfectly complement our executive team and culture.” Jay Jamison will oversee LogicGate’s product organization, driving scalability through high-growth product strategies. He brings more than 20 years of experience in enterprise-level product leadership, most recently serving as Chief Product and Technology Officer at Quickbase. At Quickbase, Jamison managed every aspect of the company’s product strategy, including engineering, architecture, site reliability and security, go-to-market, and training, helping lead the company to a successful $1 billion acquisition by Vista Equity Partners. He also bolstered his enterprise experience at Hewlett Packard Enterprise, where he oversaw global product strategy, marketing and management. “LogicGate is transforming the world of GRC for its customers. With its category leadership, customer-centric approach, and exceptional people and culture, LogicGate aligns perfectly with my passions and values,” said Jamison. “I’m eager to leverage my industry experience to help scale the Risk Cloud platform and better enable customers to develop agile, holistic GRC programs.” Andy Ruse will lead LogicGate’s revenue operations, including its sales, customer success, strategic partnerships, and revenue operations teams. Prior to LogicGate, Ruse served at Accruent as President of Accruent and Chief Revenue Officer, where he led a global team of 1,100+ employees to develop and deliver solutions for managing Corporate Real Estate and Enterprise Assets to 10,000 customers. He oversaw sales and business operations for Maintenance Connection, leading the company through its acquisition by Accruent in 2018. Ruse also ran sales and marketing for Ivanti for 14 years, growing its market share within the North America, EMEA and Asia Pacific markets. “The need for a holistic GRC solution to assess and manage the different types of risk impacting businesses has never been greater,” said Ruse. “I’m excited to join such a purpose-driven organization and use my expertise to enhance LogicGate’s revenue operations and help its customers transform their risk into strategic opportunities.” Today’s announcement follows LogicGate’s recent hiring of Kara Smith as CFO and Caroline Werner as CPO. The company’s deep bench of industry experts will be pivotal in continuing to bolster its market position, advance its business goals, and deliver value to its customers. Jamison and Ruse will report directly to Kunkel. For more information about LogicGate, visit LogicGate.com.Risk Cloud’s ESG Solution centralizes data and information for program management and reporting
CHICAGO — April 21, 2022 — LogicGate, a leading provider of transformative risk and compliance solutions through its Risk Cloud® platform, today introduces a new solution to help organizations measure, track and report on their ESG goals and initiatives. LogicGate’s new Environmental, Social and Governance (ESG) Applications within Risk Cloud equip leaders to bring their ESG initiatives to life and show stakeholders progress and results, ultimately aligning environmental, social and governance efforts to strengthen their GRC programs. “ESG reflects the integrity of an organization. But it’s not just about the goals they announce — it’s about the policies they put in place, the actions they take, and their ability to show progress toward those goals,” said Jon Siegler, Chief Product Officer at LogicGate. “Our ESG Solution enhances our customer’s holistic approach to GRC, enabling them to streamline their ESG reporting processes within the platform they already rely on, whether they’re just getting started with ESG or looking to optimize their current processes. It gives them the tools to build trust through transparency.” Measuring and reporting on ESG criteria is vital as investors increasingly scrutinize ESG risks. From how a company offsets its emissions to how it accomplishes DEI goals and ensures data privacy, stakeholders expect organizations to demonstrate their commitment to environmental protection, social initiatives and corporate transparency. Reporting is essential to the accountability customers, employees and investors seek, but the requirements vary by industry and country, leading to confusion and requiring time-consuming manual effort. Risk Cloud’s ESG Solution simplifies that process by providing a centralized platform to identify ESG initiatives, track and assess related risks, link applicable policies, and give organizations enhanced capabilities to track overall compliance and ESG progress. This information can then easily be gathered to create effectual reports to share with the public, as well as stakeholders. Using LogicGate’s Risk Cloud Applications and Risk Cloud Exchange (RCX), an ecosystem that offers a holistic view into the interconnected world of GRC, customers can integrate the frameworks most relevant to their industry, identify environmental and social risks and benefits, assess and address social responsibilities relevant to their mission and operations, and gain insight into third-party ESG risks. Customers can use the following for managing and reporting on ESG initiatives: Environmental and Social Impact Analysis Application Corporate Social Responsibility Application Third-Party Risk Management SIG Lite Application This new ESG Solution comes as LogicGate has enhanced its audit capabilities to eliminate silos between risk, compliance and audit teams and expanded its executive team to support strategic growth through the hiring of CFO Kara Smith and CPO Caroline Werner. For more information about LogicGate’s Risk Cloud platform, visit LogicGate.com.Security ratings services provider boosts holistic view of supply chain risk
CHICAGO — March 30, 2022 — LogicGate®, a leading provider of transformative risk and compliance solutions, today announces its partnership with Black Kite, a leader in third-party cyber risk intelligence, to enhance its holistic risk quantification solution for third parties. The integration of Black Kite’s cyber ratings, Open FAIR™ financial risk quantification, compliance correlation and Ransomware Susceptibility Index™ into LogicGate’s Risk Cloud® platform offers executives unmatched insight into their risk posture to better help them manage cyber risks with suppliers and partners. “At LogicGate, we’re seeking ways to help our customers make objective decisions about the risks they face, rather than relying on gut feel,” says Jon Siegler, Chief Product Officer of LogicGate. “With the integration of Black Kite to our existing Risk Cloud Third-Party Risk Management Application and Risk Cloud Quantify®, we’re equipping organizations with a powerful solution to proactively assess risks posed by third-parties and share findings with stakeholders in terms everyone can understand.” With functionality that goes far beyond heat maps, Black Kite’s integration with Risk Cloud’s Third-Party Risk Management Application and Risk Cloud Quantify helps organizations determine which vendors pose the highest threat to their business. Like Risk Cloud Quantify, Black Kite uses the Open FAIR model to calculate the financial impact of risk. When used in tandem with Risk Cloud Quantify, this integration fosters a strong risk culture by converting ambiguous data into monetary values. “This partnership couldn’t be a better fit. It feels like the natural progression of Black Kite becoming a LogicGate customer, and we share LogicGate’s perspective on risk quantification as the way forward for risk professionals,” says Bob Maley, Chief Security Officer at Black Kite. “Our product fits seamlessly into the powerful risk quantification functionality LogicGate already offers its customers. We’re confident this integration will help organizations incorporate security ratings into their cyber risk programs, scale their third-party risk programs and increase their precision to communicate risk to stakeholders.” The partnership comes at a pivotal time, as LogicGate has upgraded its audit capabilities to eliminate silos between risk, compliance and audit teams, supporting a holistic GRC program. At the same time, LogicGate has expanded its executive team to support strategic growth through the hiring of CFO Kara Smith and CPO Caroline Werner, following the closing of its $113 million Series C funding round in 2021. As a result of its commitment to excellence, LogicGate was named a Gold Winner in the 2022 Cybersecurity Excellence Awards, a leader in G2’s list of leading GRC platforms for the 11th consecutive quarter and was awarded Chicago Tribune’s Top Workplace for the second year in a row. For more information about LogicGate’s Risk Cloud platform, visit LogicGate.com.Risk Cloud named a leader for GRC Platforms on the G2 Spring 2022 Grid Report.
LogicGate®, a leading provider of transformative risk and compliance solutions through its Risk Cloud® platform, has earned a spot on the Grid® for GRC Platforms as one of the top solutions for the eleventh consecutive quarter. LogicGate’s Risk Cloud is the most nimble and collaborative GRC solution out there that helps customers proactively manage their GRC needs—allowing them to turn risk into a strategic advantage. LogicGate partners with customers to provide top-tier implementation and ongoing platform support, and ensure customers have the best possible experience. This is validated by the 98% of reviewers that said it was easy to do business with LogicGate Risk Cloud and the 98% of reviewers said they were satisfied with the quality of support offered for Risk Cloud. G2 is a peer-to-peer business solutions review website. Within the GRC Platforms category, products are ranked by customer satisfaction and market presence and placed into one of four categories on the Grid. Products in the Leader quadrant are rated highly by G2 users and have substantial Market Presence scores. View the full Spring 2022 Grid for GRC Platforms.New Chief Financial Officer and first-ever Chief People Officer tapped to enhance performance, elevate workplace culture as company…
CHICAGO — March 17, 2022 — LogicGate®, a leading provider of transformative risk and compliance solutions, names Kara Smith as CFO and Caroline Werner as CPO. In their roles, Smith will lead LogicGate’s strategic financial planning and initiatives, while Werner will oversee the execution of HR initiatives, including talent management, recruiting, leadership development, and DE&I. “The breadth of experience Kara and Caroline bring to LogicGate is critical as we look to scale our operations,” said Matt Kunkel, LogicGate’s CEO and co-founder. “Together with Caroline’s passion for creating connections and building a world-class employee culture and Kara's deep SaaS experience, we’re well positioned to continue capitalizing on our recent momentum. Their personal values, knowledge and unique industry insights are the perfect fit for LogicGate’s vision and values.” Smith joins LogicGate with over 20 years of experience overseeing businesses' financial operations in the technology sector. She previously served as Vice President of Financial Planning and Analysis at Datto (NYSE:MSP), spearheading budgeting and reporting, long-term planning, investment, and decision support analysis. Before joining Datto in 2015, Smith held various finance and accounting positions at LexisNexis, Pitney Bowes Software, UHY Advisors and BDO Seidman. She earned a Bachelor of Science from the State University of New York at Plattsburgh. “Companies are quickly adopting GRC technology to stay abreast of the changing regulatory landscape,” Smith said. “I’m excited for LogicGate’s strong momentum and growth plans in 2022 and beyond, and look forward to working with the team to continue scaling its operations and equipping its customers with best-in-class risk management solutions.” Werner also brings more than 20 years of HR experience to the LogicGate team with extensive knowledge across all aspects of HR strategy. Most recently serving as the Senior Vice President of Global Talent at Korn Ferry, where she oversaw global HR Operations, Talent Acquisition and Learning & Development. Prior to Korn Ferry, Werner served in global HR senior leadership roles with Heidrick & Struggles and United Stationers Supply Co (now Essendant). She earned a Bachelor of Arts from Miami University and is an Executive Mentor at Menttium. “I believe workplace cultures are the foundation of the ability to attract talent, encourage growth, and cultivate environments where people of all backgrounds can thrive and contribute,” Werner said. "Joining a company with a culture and core values that align so closely to my own was an easy choice. I'm excited to continue building upon the strong foundation already in place at LogicGate.” Smith and Werner join at a pivotal time in LogicGate’s growth, following the closing of its $113 million Series C funding round. This significant capital infusion has enabled LogicGate to scale its Risk Cloud® platform to better enable users to develop agile, holistic risk programs. As a result of its product investments, LogicGate was included on G2’s list of leading GRC platforms for the 11th consecutive quarter and named a Gold Winner in the 2022 Cybersecurity Excellence Awards. LogicGate also continues to invest in its award-winning culture that attracts top talent and elevates employee experiences. Because of these efforts, LogicGate increased its headcount by 38% between 2020 and 2021, and was awarded Chicago Tribune’s Top Workplace for the second year in a row. This announcement comes before LogicGate’s Risk & Reward: Women in GRC Virtual Roundtable on March 24, which will celebrate women’s success in GRC and help pave the way for a female-led future. The roundtable will be hosted by LogicGate VP of Customer Success and Services Szuyin Leow, and panelists include Suzanne Madden (Director, Enterprise Risk at CAPCO), Emily Heath (former Chief Trust and Security Officer at DocuSign), Lana Davenport (Chief Information Security Officer at Sylvamo), and Maria Silverberg (Senior Manager, Compliance Program at Wellthy). For more information about LogicGate, visit LogicGate.com.Risk Cloud’s Audit Applications eliminate silos between risk, compliance, audit teams
CHICAGO — March 9, 2022 — LogicGate®, a leading provider of transformative risk and compliance solutions through its Risk Cloud® platform, upgrades its audit capabilities with bundled Applications and features. LogicGate's audit upgrade puts the right tools in the hands of internal auditors so they can save time, eliminate redundancy, and collaborate seamlessly across risk, compliance and internal audit functions for smarter decision-making. Internal auditing is an essential part of a holistic GRC program and, with these enhancements, Risk Cloud connects audit to other key areas of a risk management program. “With our expanded audit capabilities, we want our customers to be able to tell the full audit story — not just part of it — as audit is critical to a holistic GRC program,” said Jon Siegler, Chief Product Officer at LogicGate. “With these improvements, LogicGate customers have access to a one-stop-shop for all things audit. We’ve automated time consuming tasks and provided more in-depth reporting capabilities. These all equip our customers to better align audit with all risk-related initiatives, adding to the entire GRC story.” Internal auditors need to identify problems and correct lapses in compliance workflow and processes before they’re discovered externally and ensure their company meets ever-changing compliance standards. To make that happen, they need agile, personalized functionality that keeps up with the speed of risk. Risk Cloud’s powerful audit solution is built to be customized, with an easy-to-use, drag-and-drop interface so auditors can define granular permissions and roles for each Application, quickly format and pull robust reports, and enable cross-functional collaboration. Furthermore, Risk Cloud critically enables auditors and LogicGate customers to automate mundane tasks while maintaining a single source of truth for controls, assessments, risks, and mitigation. Internal auditors rely on software to validate internal processes and meet increasingly complex industry governance standards. This is accomplished through LogicGate’s Risk Cloud Applications and its Risk Cloud Exchange (RCX), an ecosystem designed to inspire risk programs by providing LogicGate customers with a holistic look into the interconnected world of GRC. Customers can utilize the following Risk Cloud Applications for their audit processes: Internal Audit Management Application SOX Control Testing Application CMMC Self-Assessment Application Controls Management Application SOC 2 Compliance Application HITRUST Controls Management Application NIST CSF Assessments Application SCF Control Assessments Application To learn more about how Risk Cloud can support internal audit as part of a holistic GRC program, visit LogicGate.com and download LogicGate’s new ebook, How to Make Your Work Life Exponentially Easier With a Holistic GRC Program.LogicGate’s Risk Cloud® named a Gold winner by the 2022 Cybersecurity Excellence Awards in the Risk Management Solution…
February 8, 2022 — LogicGate’s Risk Cloud® named a Gold winner by the 2022 Cybersecurity Excellence Awards in the Risk Management Solution North American category. The 2022 Cybersecurity Excellence Awards honor individuals, products, and companies that demonstrate excellence, innovation, and leadership in information security. Winners are based on nomination strengths and the popular vote by members of the Information Security Community (both ratings and comments). LogicGate CEO Matt Kunkel said, “We’re honored to be named a Gold Winner. This award is a testament to our commitment to providing a best-in-class GRC platform for our customers.” Holger Schulze, CEO of Cybersecurity Insiders states, "with over 900 entries in more than 250 award categories, the 2022 Cybersecurity Excellence Awards program is highly competitive. All winners reflect the very best in innovation and excellence in tackling today's urgent cybersecurity challenges". View the complete list of award winners and learn more about LogicGate here.CUBE and LogicGate partner to offer customers holistic and proactive regulatory solution that will automate their manual processes
CHICAGO—February 1, 2022—Leading RegTech provider, CUBE, announced today a partnership with LogicGate®, a provider of transformative governance, risk and compliance solutions. With this partnership, customers will have a comprehensive regulatory compliance solution that will help mitigate risk and cut down on regulatory costs. The partnership will also transform manual processes for customers by introducing automated global regulatory intelligence, allowing compliance departments and business managers to shift away from reactive efforts, and focus on proactive regulatory risk management. This solution allows for faster implementations, greater efficiency, and real-time updates and alerts, making manual data gathering and mapping exercises a thing of the past. Ben Richmond, Founder and CEO of CUBE says, “We are pleased to partner with LogicGate, combining CUBE’s experience in international regulatory intelligence with LogicGate’s expertise in bespoke risk management. It will allow us to further our aim of allowing more customers to mitigate their regulatory compliance risk.” LogicGate’s partnership with CUBE enables customers to expand to new international markets, allowing risk and compliance departments to develop a holistic and proactive regulatory compliance program that encompasses global laws and regulations. Since CUBE’s automated regulatory intelligence platform covers over 3,000 regulators globally, its integration within Risk Cloud will significantly enhance the platform’s existing solution. “Regulatory changes are fast-moving, dynamic and complex to understand,” said Jon Siegler, Chief Product Officer at LogicGate. “Because of our partnership with CUBE, we’re enabling our customers to transform a commonly cited pain point into a competitive differentiator. Ultimately, allowing customers to develop more holistic, compliant processes and save time and resources.” For more information on this partnership, visit rcx.logicgate.LogicGate®, a leading provider of transformative risk and compliance solutions through its Risk Cloud® platform, has earned a…
With a focus on offering the most nimble solution to empower businesses to proactively transform risk enterprise-wide, LogicGate prioritizes providing customers with the best possible experience. This is further validated by the 98% of reviewers that said it was easy to do business with LogicGate Risk Cloud and the 97% of reviewers said they were satisfied with the quality of support offered for Risk Cloud. G2 is a peer-to-peer business solutions review website. Within the GRC Platforms category, products are ranked by customer satisfaction and market presence and placed into one of four categories on the Grid. Products in the Leader quadrant are rated highly by G2 users and have substantial Market Presence scores. View the full Winter 2022 Grid Report for GRC PlatformsLogicGate name a Representative Vendor by Gartner for the second consecutive year
CHICAGO—December 14, 2021—LogicGate®, a leading provider of transformative risk and compliance solutions through its Risk Cloud® platform, announced today it was listed as a Representative Vendor in the November 2021 Gartner® Market Guide for Third-Party Risk Management Solutions for Compliance for the second consecutive year. According to Gartner, “by 2023, organizational spending on TPRM technologies to support due diligence and monitoring will increase by 50%.” The report says, “For many organizations, the pandemic exposed the fragility of the organization’s third-party network and impressed the need to flex quickly to new third and fourth parties in the extended enterprise to meet demand without increasing risk exposure.” “LogicGate’s inclusion in this Gartner report is a testament to how our product is helping our customers run more interconnected and holistic risk and compliance programs,” said LogicGate’s chief product officer, Jon Siegler. “The variety and intensity of risk continues to become more complex. Our platform removes silos between functional teams that collaborate on third-party risk management and other GRC processes and brings a holistic picture of risk. We’re proud to receive continual recognition that reflects this.” In addition to its Market Guide, Gartner recently named LogicGate to three different Hype Cycle™ reports: Cyber and IT Risk Management, 2021; Legal and Compliance Technologies, 2021; and Security Operations, 2021. In each Hype Cycle, LogicGate is noted as a Sample Vendor for integrated risk management (IRM). The Gartner Hype Cycle Reports identify the effectiveness of emerging technologies to solve problems and pinpoint opportunities. Their vendor assessments help companies evaluate the potential value and risks of adoption within different industries. The reports also incorporate a variety of factors to demonstrate how industry trends may affect a product’s maturation. We believe these reports underscore the need for a nimble solution, like Risk Cloud, which allows companies to develop a scaling, holistic and market-leading risk program. Risk Cloud provides an interconnected view of risk, enabling companies to unify teams, make smarter strategic decisions and transform risk into a competitive advantage. To download the Market Guide for Third-Party Risk Management, please visit our resource center. ### Disclaimer: GARTNER and Hype Cycle are a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved. Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. Gartner, Market Guide for Third-Party Risk Management Solutions for Compliance, 13 December 2021, Nicholas Sworek, Zack Hutto Gartner, Hype Cycle for Security Operations, 2021, Pete Shoard, Shilpi Handa, 23 July 2021 Gartner, Hype Cycle for Cyber and IT Risk Management, 2021, Jie Zhang, Deepti Gopal, Claude Mandy, 19 July 2021 Gartner, Hype Cycle for Legal and Compliance Technologies, 2021, Zack Hutto, Chris Audet, 19 July 2021 About LogicGate LogicGateⓇ, creator of the Risk Cloud® platform and Risk Cloud Exchange (RCX), is redefining the way businesses think about risk. Through the proactive management of governance, risk and compliance (GRC) processes via the no-code, agile Risk Cloud, hundreds of customers rely on Risk Cloud to improve organizational efficiency, reduce costs and enable revenue generation and retention. In addition to earning recognition for its technology innovation from Gartner, Forrester and G2, the global company has received accolades from Crain’s Chicago Business, Built in Chicago and the Chicago Tribune for its company culture and was recognized in Inc. 5000 2021.LogicGate ranked 152nd for its 899% revenue growth from 2017 to 2020
CHICAGO — November 17, 2021 —LogicGateⓇ, a leading provider of transformative risk and compliance solutions, has earned 152nd place as one of the fastest-growing growing companies, according to the Deloitte Technology Fast 500™. Now in its 27th year, the Deloitte Technology Fast 500 ranks the 500 fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America. LogicGate was included because of its 899% revenue growth from 2017 through 2020. “This win is directly attributed to our dedicated team,” said Matt Kunkel, CEO of LogicGate. “Our commitment to providing best-in-class software and services for our customers and living out our core values enables us to be product, outcome and people driven. Our ability to grow as a team and navigate any situation makes me proud to lead this company.” Technology Fast 500 award winners are selected based on fiscal year revenue growth from 2017 to 2020. To earn this recognition, companies must own proprietary intellectual property or technology sold to customers in products contributing to most of the company’s operating revenues. Companies must have base-year operating revenues of at least $50,000 and current-year operating revenues of at least $5 million. Additionally, companies must be in business for a minimum of four years and headquartered in North America. This announcement follows LogicGate’s recognition from The Chicago Tribune as a Top Workplace for the second consecutive year. For more information about LogicGate and its Risk Cloud® platform, visit LogicGate.com. To view the complete list of winners, click here.LogicGate has been awarded a Top Workplaces 2021 honor by The Chicago Tribune Top Workplaces, for the second…
Chicago, Illinois November 05, 2021 -- LogicGate, a leading provider of transformative risk and compliance solutions through its Risk Cloud® platform, has been awarded a Top Workplaces honor for the second year in a row by The Chicago Tribune. The award is based entirely on employee feedback, measuring 15 drivers — like alignment, execution and connection — of creating an engaging company culture. “It’s validating to receive recognition for the company culture we work so hard to cultivate at LogicGate,” said LogicGate CEO, Matt Kunkel. “Our employees are best in class and our commitment to core values has helped us build a strong culture. Everyone here is outcomes-driven when it comes to company and product growth. By supporting and encouraging employees who are aligned on building a successful business, we’ll continue to deliver outstanding value to our customers and ensure LogicGate’s long-term competitive edge.” In addition to its Top Workplaces award, LogicGate ranked among the top 15% of all businesses on the prestigious Inc. 5000 list of growing companies. LogicGate was also named a leader for the ninth consecutive quarter on G2’s Fall 2021 GridⓇ for GRC Platforms. Within the category, Risk Cloud received high marks in customer satisfaction and market presence, including the following G2 user reviews: 99% said it was easy to do business with LogicGate. 95% rated Customer Support, Training & Learning, and Implementation as its highest-rated features. 94% think Risk Cloud is headed in the right direction. 99% rated Risk Cloud 4 or 5 stars. Today’s news marks yet another milestone achieved by LogicGate this year. In September, LogicGate hosted its annual customer conference, Agility 2021, convening nearly 200 attendees virtually and earning a 100% satisfaction rating among surveyed participants. At the event, the company announced the launch of Risk Cloud Quantify®, which translates risk data into monetary values so risk professionals can attach financial implications to risk to make more strategic risk decisions. In addition: LogicGate was named a strong performer in The Forrester Wave™: Governance, Risk and Compliance Platforms, Q3 2021. LogicGate’s Risk Cloud received the 2021 Overall Risk Management Solution of the Year award by CyberSecurity Breakthrough and recognition as a regional finalist in the 2021 Timmy Awards. The GlobeⓇ Business Awards also named Kunkel CEO of the Year for the security software category. For more information on the GRC leader, visit LogicGate.com. To view the 200 Companies and Organizations that The Chicago Tribune has recognized 200 as a Top Workplaces for 2021 in Chicago, click here.The Cybersecurity Breakthrough Awards named LogicGate the winner of the 2021 “Overall Risk Management Solution of the Year"…
The Cybersecurity Breakthrough Awards named LogicGate the winner of the 2021 “Overall Risk Management Solution of the Year" award. The CyberSecurity Breakthrough Awards competition is an independent organization open to all individuals, companies, and organizations involved in producing information security products, solutions and services. To qualify for an award, products or services must have been produced after May 1, 2019 (2-year window). The CyberSecurity Breakthrough Awards program recognizes honorees in the following categories: Cloud Security Advanced Persistent Threat (APT) Protection Behavior Analytics, Threat Detection Unified Threat Management Web Security Email Security Encryption Fraud Prevention Identity Management Internet-of-Things (IoT) Security Mobile Security Network Access Control (NAC) Policy Management & Regulatory Compliance Risk Management Vulnerability Management CyberSecurity Breakthrough judges have earned a reputation for fairness and credibility, and are committed to determining the BREAK THROUGH nominations for each award category. Judges are senior-level, experienced CyberSecurity professionals that have personally worked within the information security space, including journalists, analysts and technology executives with experience in a range of information security positions and perspectives. View the complete list of Cybersecurity Breakthrough Awards winners here.New risk quantification product provides enterprise-wide risk analyses in financial terms
CHICAGO — September 28, 2021— LogicGateⓇ, a leading provider of transformative risk and compliance solutions, introduced Risk Cloud Quantify® during LogicGate’s annual Agility 2021 conference. As part of Risk Cloud, Risk Cloud Quantify gives users a competitive advantage by converting once ambiguous data into clear monetary values. This common language promotes shared understanding to drive strategic decision-making and proactive risk management. Organizations tend to assess risk using imprecise qualitative labels, such as “high”, “medium”, and “low.” These words are easily misinterpreted — or carry different meanings depending on the audience — and leave organizations vulnerable to potential (and significant) risks. A lack of consistent, reliable processes and clear communication creates avoidable roadblocks for fostering a good risk culture. Gartner estimates that by 2023, 30% of a CISO’s effectiveness will be directly measured on the ability to create value for the business. And according to PwC, 81% of those who quantify cyber risk said the process helps increase productivity and focus on strategic matters. Risk quantification empowers companies to understand risk as a revenue driver and competitive differentiator. “Our vision is to elevate the function of risk management within organizations and make them more of a strategic partner to the business,” said Jon Siegler, Chief Product Officer of LogicGate. “Over the past two years, we’ve spoken to an increasing number of customers that desire to use more quantitative data as part of their holistic risk management programs - to help better communicate risk to senior leadership and the board. Risk Cloud Quantify helps our customers improve risk-based decision making and communicate risk across their entire organization more effectively by speaking the same language as the rest of the business.” Built using the Open FAIR™ model, Risk Cloud Quantify sets itself apart from competitors by quantifying risks beyond cybersecurity use cases. Risk Cloud Quantify empowers LogicGate Risk Cloud users to more easily communicate threats cross-functionally to executives, board members and other stakeholders while adopting a proactive, ROI-based risk approach to use risk as a true revenue generator. To support those interested in risk quantification, the company recently released its new eBook, The Definitive Guide to Risk Quantification, to offer insights on how risk quantification improves risk management capabilities, how it works, and what companies should consider before adopting it. In addition to the content, the eBook also includes a workbook for readers to practice the tactical act of risk quantification. This announcement follows LogicGate’s $113M Series C funding, placement as a strong performer in the Forrester Wave and its inclusion in the Inc. 5000 2021, where it placed in the top 11 percent. For more information about LogicGate’s Risk Cloud platform and Risk Cloud Quantify, visit LogicGate.com.LogicGate has been recognized as a strong performer in The Forrester Wave™: Governance, Risk and Compliance Platforms, Q3…
CHICAGO –– September 22, 2021––LogicGateⓇ, a leading provider of transformative risk and compliance solutions through its Risk Cloud™ platform, has been recognized as a strong performer in The Forrester Wave™: Governance, Risk and Compliance Platforms, Q3 2021 report by leading global research and advisory firm Forrester Research, Inc. Evaluated according to 25 criteria, LogicGate earned the highest possible score in the Planned Enhancements, Partner Ecosystem and Customer Engagement and Community criteria. According to the report, Risk Cloud’s visual workflow editor, platform configurability and cross-modular integration are its strengths, also noting that, “Unlike other vendors, there are no restrictions on what modules can be purchased together or additional tiers of functionality that come at an additional cost.” In its evaluation, Forrester indicated that the company has the potential to differentiate and compete with larger players both in capabilities and strategy. “LogicGate is a good fit for lean teams with few FTEs but that don’t want to sacrifice platform configurability and control,” stated the report. “We are thrilled that LogicGate has been recognized as a strong performer in Forrester’s GRC Wave,” said LogicGate’s chief product officer, Jon Siegler. “There’s not a business out there that isn’t having conversations about risk, making our Risk Cloud all the more relevant for companies looking for a better way to facilitate their GRC programs. We are committed to continuous innovation and to our mission of empowering our customers with flexible, easy-to-use technology that steers the course of their success, transforming business risks into strategic opportunities.” LogicGate’s recognition follows strong momentum propelled by the Series C funding round, local and national recognition for its rapid growth, and for the ninth consecutive quarter, inclusion as a Leader on the G2 Grid Fall 2021 report for GRC Platforms. The company also plans to launch a new risk quantification solution, Risk Cloud Quantify® later this month. To download a copy of the Forrester Wave™: Governance, Risk and Compliance Platforms Q3 2021 report, please visit LogicGate’s website.LogicGate and CEO, Matt Kunkel, named gold winner for the Globee Awards, CEO of the Year in the…
September 17, 2021 -- LogicGate and CEO, Matt Kunkel, named gold winner for the Globee Awards, CEO of the Year in the security software category. The complete list of 2021 Globee Awards winners can be found here. CEO World Awards celebrate the achievements of leaders and their management teams behind the year’s most outstanding initiatives. Chief Executive Officers also known as CEO lead the development of the organization’s short- and long-term strategy. About CEO World Awards Chicago Business CEO World Awards are an annual industry and peers recognition program honoring CEOs, executives, entrepreneurs, innovators and their management teams from organizations in every industry and of every size in Asia, Australia and New Zealand, Canada and the USA, Europe, Mexico, the Caribbean & Central and South America, Middle East and Africa. The Annual CEO World Awards is part of the SVUS Awards® recognition program from Silicon Valley in the United States of America. The coveted annual CEO World Awards program encompasses the world’s best in leadership, innovation, organizational performance, new products and services, excellence studies, corporate social responsibility, and milestones from every major industry in the world. Organizations from all over the world are eligible to submit nominations including public and private, for-profit and non-profit, largest to smallest and new start-ups.LogicGate, a leading provider of cloud software solutions for automating governance, risk, and compliance (GRC) processes through its…
LogicGate, a leading provider of cloud software solutions for automating governance, risk, and compliance (GRC) processes through its Risk Cloud™️ platform, has earned a spot on the G2 report as one of the top solutions for the ninth consecutive quarter. With a focus on offering the most nimble solution for businesses to collaborate, proactively manage their GRC needs, and establish a risk-aware culture, LogicGate prioritizes providing customers with the best possible experience. This is further validated by the 99% of reviewers that said it was easy to do business with LogicGate Risk Cloud and the 95% of reviewers who rated LogicGate Risk Cloud’s customer support, training & learning, and implementation as LogicGate’s highest-rated features setting them apart from the competition. G2 is a peer-to-peer business solutions review website. Within the GRC Platforms category, products are ranked by customer satisfaction and market presence and placed into one of four categories on the Grid. Products in the Leader quadrant are rated highly by G2 users and have substantial Market Presence scores. View the full Fall 2021 Grid Report for GRC PlatformsLogicGate announces its Honorable Mention by Gartner®, Inc. in the 2021 “Magic Quadrant™ for IT Vendor Risk Management…
CHICAGO – August 30, 2021 – LogicGate®, a leading provider of cloud software solutions for automating governance, risk, and compliance (GRC) processes through its Risk Cloud® platform, today announces its Honorable Mention by Gartner®, Inc. in the 2021 “Magic Quadrant™ for IT Vendor Risk Management Tools." We are thrilled to receive honorable mention in this report. Risk Cloud® is a cloud-based platform with a suite of risk management Applications that transforms the way businesses approach their governance, risk, and compliance programs. By combining expansive GRC content and expertise with a progressive and flexible platform, anyone can create a holistic and evolving market leading risk program. A complimentary version of the 2021 Gartner® Magic Quadrant™ for IT Vendor Risk Management Tools is available for download here. Gartner Disclaimer Gartner® does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner® research publications consist of the opinions of Gartner®’s research organization and should not be construed as statements of fact. Gartner® disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. Gartner® and Magic Quadrant™ are registered trademarks of Gartner®, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved. (this will be soon updated in our Policy as well)Inc. magazine today revealed that LogicGate is No. 574 on its annual Inc. 5000 list, the most prestigious…
August 17, 2021 – Inc. magazine today revealed that LogicGate is No. 574 on its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses. Intuit, Zappos, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000. Not only have the companies on the 2021 Inc. 5000 been very competitive within their markets, but this year’s list also proved especially resilient and flexible given 2020’s unprecedented challenges. Among the 5,000, the average median three-year growth rate soared to 543 percent, and median revenue reached $11.1 million. Together, those companies added more than 610,000 jobs over the past three years. Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found here. The top 500 companies are featured in the September issue of Inc., which will be available on newsstands on August 20. “The 2021 Inc. 5000 list feels like one of the most important rosters of companies ever compiled,” says Scott Omelianuk, editor-in-chief of Inc. “Building one of the fastest-growing companies in America in any year is a remarkable achievement. Building one in the crisis we’ve lived through is just plain amazing. This kind of accomplishment comes with hard work, smart pivots, great leadership, and the help of a whole lot of people.”Funding will be used to fuel innovation and accelerate growth
CHICAGO — July 28, 2021— LogicGate®, a leading provider of transformative risk and compliance solutions through its Risk Cloud™ platform, today announces a $113 million Series C funding round led by PSG, a leading growth equity firm partnering with middle-market software and technology-enabled services companies. Greenspring Associates also meaningfully increased its commitment since their original investment in 2019. “Today, the market for risk and compliance tools is experiencing significant growth and innovation, which we believe is similar to the CRM market 10-15 years ago,” said Matt Kunkel, CEO of LogicGate. “We’re thrilled to partner with PSG and continue our relationship with Greenspring as we aim to address the market demand for a holistic no-code platform equipped with the tools and agility required to meet the evolving risk management needs of modern organizations.” According to Gartner, the integrated risk management (IRM) market is projected to experience growth of 12.6% in 2021, with the total addressable market expected to grow to $9.3 billion by 2023. In a Gartner survey of risk managers, the top three risk management priorities for their companies — a greater focus on building operational resilience, building business model resilience, and risk interdependencies and cross-functional response — all require an IRM approach. Since its inception in 2015, LogicGate has embraced its mission to create flexible, easy-to-use enterprise technology for accurately assessing, monitoring, actioning, and rapidly pivoting GRC programs to changing maturity levels. Today, LogicGate serves hundreds of customers, including SoFi, Zurich Insurance, Memorial Hermann Health, and Cimpress, who are using the robust Risk Cloud platform in an effort to build and scale a myriad of entry-level to sophisticated risk, compliance, regulatory and security programs that go beyond asset protection to revenue creation. The company continues to grow its client roster and out-of-the-box applications, which can be found on the Risk Cloud Exchange marketplace, as well as its technology partnerships and channel sales. “LogicGate has a leading platform that leverages their no-code solution for a broad array of customers spanning a variety of industries globally,” said Adam Marcus, LogicGate board member and Managing Director at PSG. “We are excited to work alongside the LogicGate team as they continue to expand their product footprint and deliver a comprehensive risk management solution to the marketplace.” The new capital brings LogicGate’s total funding to date to $156 million. The funds aim to fuel all elements of LogicGate’s business, including significant product advancements — notably, a risk quantification solution set to be released later this year — and the expansion of its partner ecosystem, international presence and security posture. ### View complete press release here.Join LogicGate at Agility 2021 to "Reimagine Risk" and learn more about best practices, tools and technology, and…
CHICAGO — July 8, 2021 — LogicGate®, a leading provider of transformative risk and compliance solutions through its Risk Cloud™ platform, today announces details for its annual Agility conference, which will run simultaneously in-person and virtually from the Swissotel in downtown Chicago September 23 - 24. Why “Risk Reimagined”? Because risk isn’t stagnant. It evolves daily — and strategically managing risk and compliance has become increasingly complex as a result. Agility empowers attendees to prioritize the flexible, automated, adaptable processes driving business outcomes by reimagining risk. Colonel Nicole Malachowski (USAF, retired) will keynote the event, sharing her thoughts on dreaming big, achieving more and stretching the limits of risk. The first woman to fly with the Air Force Thunderbird aerial demonstration team, Malachowski knows about performing under pressure. The decorated USAF veteran and fighter pilot has flown at the speed of sound, advised the first lady, and provided security for Iraq’s 2005 democratic elections. “It’s no secret risk is a top concern for business leaders today because it evolves so rapidly,” said LogicGate CEO, Matt Kunkel. “At Agility — and through all of our programming — we strive to deliver an engaging community and high-quality education for GRC professionals. That goal includes sharing best practices, recommendations for new technology, tactical information needed to effectively communicate risk organization-wide and a place to inspire, connect and educate. Leaders seeking to educate themselves about risk position themselves and their companies for success. We hope to empower Agility attendees with the insights and practical steps they can use to take their risk programs beyond just asset protection to fuel strategic advantage for their organizations.” Agility 2021 celebrates the risk management professionals responsible for managing existing risks, and future-proofing their organizations’ approach to risk across multiple industries and verticals. 2020 challenged risk professionals to master business continuity and resiliency. 2021 challenges them to reimagine risk as a strategic advantage. Agility exists to offer risk professionals access to best practices, tools and technology, and use cases to architect the most effective GRC programs for their organizations. The two-day event features sessions led by industry experts, innovative networking opportunities, and a first look at advancements to the Risk Cloud platform. Before the event, the LogicGate customer success team will host a full-day power user bootcamp for Risk Cloud power users looking to skill-up with the Risk Cloud and knowledge of GRC. Event content will be delivered in a variety of session types including keynotes, panels and breakouts. Attendees will have the opportunity to network live and virtually throughout the event. This announcement follows LogicGate’s recognition for excellence in its product and company culture. For more information and to register for Agility 2021, visit agility.logicgate.com. Link to the full press release here.Leading GRC platform provider named the leader in G2’s Summer 2021 Grid, and a finalist for Crain’s Best…
CHICAGO – June 22, 2021 – For the twelfth consecutive quarter, G2 named LogicGate® a leader in its Summer 2021 Grid® for GRC platforms. In the first half of 2021, the company received accolades for its superior company culture, and its Risk CloudTM platform won or earned recognition for innovation and excellence in governance, risk and compliance (GRC), security and SaaS from prestigious product award organizations. As the leader in the G2 Summer 2021 Grid for GRC Platforms, LogicGate recorded an overall score of 82. G2 rates products and sellers based on: Reviews gathered from its user community. Data aggregated from online sources and social networks. In addition to its overall Grid score, LogicGate scored average or above average in every satisfaction rating category, including a 98% in ‘Quality of Support,’ (90% industry average), and 99% in ‘Ease of Doing Business With’ (92% industry average). “The reason we’ve been so successful to date, and have been able to partner with high-caliber customers is our people, their commitment to excellence and their drive for continuous innovation,” said Matt Kunkel, CEO of LogicGate. LogicGate also made the list as a finalist for Crain’s 2021 Best Places to Work in Chicago. In partnership with Best Companies Group, Crain’s Chicago Business surveyed thousands of employees across varied industries on working conditions, benefits and corporate culture to identify and honor the 100 best companies to work for in the Chicago area. The survey used a weighted, two-step evaluation process to select each company, assessing workplace policies, practices and demographics as well as each participant’s experiences and attitudes. LogicGate prioritizes employees’ wellbeing, comfort, and safety with dedicated health days, flexible work hours, generous PTO and a modern work environment. The company supports employees' professional and personal growth with its Emerging Leaders Program that prepares individual contributors for future leadership roles within the organization. LogicGate's Employee Resource Groups offer collaborative learning and personal growth, for example, Women in LogicGate (WIL) is an internal community dedicated to ensuring women’s equality. “I’m proud of our leaders and their ability to grow our culture and contribute meaningfully to our employees' personal and professional development,” said Kunkel. “We truly believe LogicGate is the best place to work, as evidenced by our success providing customers with a cutting edge GRC platform and best-in-class service.” In addition to workplace benefits and culture, LogicGate’s innovation has sparked product growth and momentum for its Risk Cloud platform, which has also garnered recent recognition and praise from other award programs: Business Intelligence Group named LogicGate as one of its Fortress Cyber Security Award winners. The award program rewards leading global companies working to protect data and electronic assets from hackers. FinTech Global, a specialist research firm, named LogicGate on its second annual list of the world’s most innovative providers of digital solutions helping financial services firms defend against cyberattacks, the RegTech 100. Cyber Defense Magazine’s Global InfoSec Awards promote companies with unique and compelling value propositions for their product or service within the information security space. LogicGate won the “Cutting Edge in IT Vendor Risk Management” award category. The Cybersecurity Excellence Awards honor individuals and products demonstrating excellence and innovation in information security. Voting members of the information security community selected the Risk Cloud platform as the Silver Winner for the Risk Management Product or Service — North America, 100 to 499 employees — category. LogicGate’s Risk Cloud was named a finalist for the European FinTech Awards “RegTech of the Year'' category. The awards celebrate Europe’s best and brightest in financial and regulatory technology. This follows LogicGate’s investment in its Strategic Alliances Program and significant expansion of its integrations suite and services. For more information about the company, visit LogicGate.com. Download the report here.Business Intelligence Group recognized LogicGate as a Winner for the 2021 Fortress Cyber Security Awards.
June 15, 2021 -- LogicGate, a leading provider of cloud software solutions for automating governance, risk, and compliance (GRC) processes through its Risk Cloud™ platform today announces its recognition as a Winner for the 2021 Fortress Cyber Security Awards. According to the Business Intelligence Group, the business award program sought to identify and reward the world’s leading companies and products that are working to keep our data and electronic assets safe among a growing threat from hackers. This recognition comes as a result of LogicGate’s response to this past year's pandemic. Maria Jimenez, Chief Nominations Officer, Business Intelligence Group said, “2021 is rapidly becoming the toughest year for cyber security professionals and as our reliance on networks continues to accelerate, our identities and data have quickly become global currency, so security is more important than ever...We are proud to recognize all of our winners and finalists who are on the frontlines of the effort to prepare, defend and respond to this growing threat.” Check out the 2021 Fortress Cyber Security Award Winners. This follows LogicGate’s investment in its Strategic Alliances Program and significant expansion of it’s integrations suite and services. For more information about the company, visit LogicGate.com.Risk Cloud now offers a myriad of options to help customers to achieve synchronicity across systems
CHICAGO – May 6, 2021 – LogicGate, a leading provider of cloud software solutions for automating governance, risk, and compliance (GRC) processes through its Risk Cloud™ platform, has greatly expanded its integrations offerings. Risk Cloud now integrates with hundreds of platforms with the new Risk Cloud Connect offering, which provides customers a suite of pre-built integrations aligned with many of the top GRC use cases as well as managed connectors for specific GRC scenarios. LogicGate has also formed the Integration Services team to enable even more possibilities with customized integrations managed for customers. This flexibility establishes Risk Cloud firmly at the center of their customer’s risk ecosystem. “We’re on a mission to give risk and compliance professionals a single source of truth to make better, more informed decisions with their data,” said LogicGate’s chief product officer, Jon Siegler. “With the automations our integrations deliver, we’re also helping our users spend more of their time and energy working on strategic priorities rather than context switching between applications and manually syncing data. Risk Cloud now works seamlessly with the critical business systems that our users do their work in, like Jira, Slack, ServiceNow, DocuSign and more.” Options for interoperability with Risk Cloud are virtually limitless with these additions to their core integrations approach of their RESTful API, native integrations, and hundreds of Zapier connections to key business platforms. The Integrations Services team understands the value of Risk Cloud fitting into a customer’s tech stack and works side by side with them to leverage Risk Cloud Connect or create custom integrations that fit their exact specifications. This is paramount as a LogicGate 2021 survey on risk management found that 43% of respondents still rely on emails, SharePoint or spreadsheets to manage their risk management programs. LogicGate’s recent native integrations with Slack and Jira have also expanded their customer’s ability to communicate their risk program details across the enterprise. The Jira integration syncs Jira projects and tickets to Risk Cloud workflows and records, meeting technical teams where they work most. Ideal for organizations using Slack as their primary method of communication, the integration enables Risk Cloud users to send regular Slack messages and Slack messages on record creation, submissions and due date reminders to individuals or channels within Risk Cloud. “Our integration with Slack is seamless, so now we’re thinking about how else it can be utilized,” said Bernadette Goellner VP, Information Security and Data Privacy of Uphold Inc. “Because of the vast workflow options with Risk Cloud, it is highly possible that you can fully integrate and fully automate so many other processes. Other teams at Uphold are starting to think about how we can use the integration to pull in information from other channels.” In February 2021, LogicGate announced its investment in strategic alliances, designed to amplify customer value. To learn more about this program, the expanded Risk Cloud, and UpHold’s use of Risk Cloud and Slack to connect teams, visit LogicGate.com. ### About LogicGate LogicGate is a leading provider of cloud-based solutions for automating governance, risk and compliance (GRC) processes. LogicGate empowers customers to transform disorganized risk and compliance operations into agile enterprise risk management programs, tailored to their business needs. Its proprietary Risk Cloud™ platform, an end-to-end suite of risk management solutions, blends the right mix of flexibility and out-of-the-box functionality, enabling organizations to manage their risk with confidence. Companies rely on LogicGate to accurately assess, monitor, action, and, when needed, rapidly pivot GRC processes, without the support of consultants or corporate IT. The Chicago-based company has been named a leading GRC Software Platform on the G2 GRC Grid for ten consecutive quarters, and was awarded Best Security Innovation in a SaaS Product by the SaaS Awards. LogicGate was also named in Gartner’s 2020 “Magic Quadrant for IT Vendor Risk Management Tools.” For more information, visit LogicGate.com and follow LogicGate on LinkedIn and Twitter at @LogicGate. Media Contact Kelsey Sowder BLASTmedia for LogicGate [email protected]March 8, 2021 -- LogicGate named a Best Places to Work Finalist by Crain’s Chicago Business. The complete…
March 8, 2021 -- LogicGate named a Best Places to Work Finalist by Crain’s Chicago Business. The complete list of winners is available here. In partnership with Best Companies Group, Crain’s surveyed thousands of employees on the types of working conditions, benefits and corporate culture that make a company a great place to work. The awards program is designed to identify, recognize and honor the 100 best companies to work for in the Chicago area. Winners were determined by the results of a weighted survey of employees and employers, conducted by Crain’s in partnership with Best Companies Group. To be considered for participation, companies had to: Be a publicly or privately held business Be a for-profit or not-for-profit business, or government entity Have a facility in the Chicago area (including the counties of Cook, DuPage, Kane, Lake in Illinois, Lake in Indiana, McHenry or Will) Have a minimum of 25 full-time or part-time employees working in Chicago Have been in business a minimum of one year Determining the Best Places to Work in Chicago involved a two-step process. The first step consisted of evaluating each participating company’s workplace policies, practices, and demographics. This part of the process was worth approximately 25% of the total evaluation. The second part consisted of employee surveys aimed at assessing the experiences and attitudes of individual employees with respect to their workplace. This part was worth approximately 75% of the total evaluation. The combined scores determined the best companies and the final ranking. Best Companies Group managed the overall registration and survey process and analyzed the data and used its expertise to determine the final ranking. About Crain’s Chicago Business Crain’s Chicago Business is the top source of news, analysis and information on business in metropolitan Chicago for decision-makers in the private and public sectors. Crain's publishes a weekly business magazine, providing deeper analysis, commentary, special reports and features. Crain's also produces databases, live events and sponsored content, all with the aim of deepening readers' understanding of local business. Crain’s Chicago Business is the leading source of information on Chicago’s economy, the companies, industries and institutions that operate here and the entrepreneurs and innovators who drive the city’s growth.Industry veteran, Joseph Schorr, joins company to lead partner program
CHICAGO – February 23, 2021 – LogicGate, a leading provider of cloud software solutions for automating governance, risk, and compliance (GRC) processes through its Risk Cloud™ platform, today announces they have partnered with Ascent, a provider of AI-based solutions that automate regulatory compliance processes and CastleHill Managed Risk Solutions, a GRC SaaS provider. These initiatives will be led by Joseph Schorr as he joins LogicGate to champion the Strategic Alliance Program to bring even more value to Risk Cloud and LogicGate customers. His appointment comes as LogicGate scales and expands to new markets, including continuing to establish channel relationships, bringing Risk Cloud to managed service providers, systems integrators, and distributors. Schorr has more than 20 years of experience leading strategic business development, and constructing new sales and delivery engagement models. Prior to LogicGate, he served as vice president of global executive services at Optiv. Before Optiv, Schorr amassed his experience in cybersecurity from various roles with organizations including Exodus Intelligence, SecureWorks and HP. Now, as Vice President of Strategic Alliances, he’ll expand and scale LogicGate’s successful channel practice. “The importance of proper governance, risk, and compliance can’t be overstated in today’s business environment,” said Schorr. “LogicGate’s Risk Cloud is the ideal solution for organizations looking to be more risk-intelligent. The partnerships I hope to cultivate on LogicGate’s behalf will advance the company’s mission to be the center of an organization’s GRC ecosystem. The work we're doing with Ascent and CastleHill are two perfect examples of how customers win when we establish strong alliances with complementary providers.” Bringing AI to regulatory compliance with Ascent LogicGate has joined with Ascent to create Risk Cloud's Regulatory Compliance Powered By Ascent Application. This Application will bolster Risk Cloud’s regulatory compliance offerings by leveraging Ascent’s AI-fueled technology that automatically delivers a complete set of obligations targeted to each organization’s needs. This regulatory partnership takes the guessing game and manual work out of a compliance program and reduces the thousands of regulations down to a manageable size, helping risk and compliance professionals narrow their focus to only relevant information. The pre-built application ensures that firms have the right regulatory data automatically populated in Risk Cloud, which they can then operationalize to remain compliant with the law at all times. This ultimately frees up teams to explore new regions, services, or products knowing the organization can evolve with any new regulation. “Our solution is designed to work with platforms like Risk Cloud in a powerful, complementary way,” said Brian Clark, Ascent Founder & President. “Combining Ascent and Risk Cloud is a recipe for success for our heavily regulated clients as it creates a single source of regulatory truth that is both targeted to the customer and always up-to-date. With our combined solution, customers can dramatically reduce their regulatory risks and costs with a flexible, user-friendly platform that is automatically populated with the regulatory information they care about." CastleHill Managed Risk Solutions simplifies regulatory change management LogicGate has partnered with CastleHill Managed Risk Solutions to help organizations across any vertical and industry navigate the regulatory and compliance landscape. The combination of CastleHill’s expertise and Risk Cloud makes Regulatory Change Management and Regulatory Compliance as efficient and seamless as possible. Powered by the Risk Cloud’s advanced technology architecture and pre-configured solutions and CastleHill’s proprietary methodology. “As we grow Risk Cloud, our partners increase the value we bring to our customers,” said LogicGate CEO, Matt Kunkel. “In heavily regulated industries, regulations change rapidly. It’s more than cumbersome to track changes and map how they apply to an organization and then change processes to adapt to the new regulations. Our innovative Application with Ascent is a game changer for our customers in those heavily regulated industries, saving them time and creating efficiencies.” This announcement follows LogicGate’s announcement of surpassing $40 million in total funding late in 2020. For more information about LogicGate, visit LogicGate.com. ### About LogicGate LogicGate is a leading provider of cloud-based solutions for automating governance, risk and compliance (GRC) processes. LogicGate empowers customers to transform disorganized risk and compliance operations into agile enterprise risk management programs, tailored to their business needs. Its proprietary Risk Cloud™ platform, an end-to-end suite of risk management solutions, blends the right mix of flexibility and out-of-the-box functionality, enabling organizations to manage their risk with confidence. Companies rely on LogicGate to accurately assess, monitor, action, and, when needed, rapidly pivot GRC processes, without the support of consultants or corporate IT. The Chicago-based company has been named a leading GRC Software Platform on the G2 GRC Grid for five consecutive quarters, and was awarded Best Security Innovation in a SaaS Product by the SaaS Awards. For more information, visit LogicGate.com and follow LogicGate on LinkedIn and Twitter at @LogicGate. Media Contact Kelsey Sowder BLASTmedia for LogicGate [email protected]LogicGate, a leading provider of cloud software solutions for automating governance, risk, and compliance (GRC) processes through its…
LogicGate, a leading provider of cloud software solutions for automating governance, risk, and compliance (GRC) processes through its Risk Cloud™️ platform, has earned a spot on the G2 report as one of the top solutions for the sixth consecutive quarter. With a focus on offering the best platform for businesses to proactively manage their GRC needs and establish a risk-aware culture, LogicGate prioritizes providing customers with the best possible experience. This is further validated by 98% of reviewers rating LogicGate Risk Cloud four or five stars. Additionally: 99% of reviewers said it was easy to do business with LogicGate Risk Cloud 91% of reviewers said they would recommend Risk Cloud 95% of reviewers think Risk Cloud is headed in the right direction 98% of reviewers said they were satisfied with the quality of support offered for Risk Cloud G2 is a peer-to-peer business solutions review website. Within the GRC Platforms category, products are ranked by customer satisfaction and market presence and placed into one of four categories on the Grid. Products in the Leader quadrant are rated highly by G2 users and have substantial Market Presence scores. View the full Winter 2021 Grid Report for GRC Platforms About G2 G2, the world's leading business solution review platform, leverages more than 680,000 user reviews to drive better purchasing decisions. Business professionals, buyers, investors, and analysts use the site to compare and select the best software and services based on peer reviews and synthesized social data. Every month, more than one million people visit G2's site to gain unique insights. Co-founded by the founder and former executives of SaaS leaders like BigMachines (acquired by Oracle) and SteelBrick (acquired by Salesforce) and backed by more than $100 million in capital, G2 aims to bring authenticity and transparency to the business marketplace. For more information, go to G2.com.Investment will fuel international expansion and new product offerings in 2021
CHICAGO – December 15, 2020 – LogicGate, a leading provider of cloud software solutions for automating governance, risk, and compliance (GRC) processes through its Risk Cloud™ platform, today announces it’s secured $8.75 million in growth capital from Greenspring Associates and Silicon Valley Bank. The funding will fuel LogicGate’s growth trajectory as the company revenue grew by more than 100 percent in the past year driven by significant customer demand for the Risk Cloud product. “2020 showed just how important GRC is because of business disruption and exposure to new risks,” said LogicGate CEO Matt Kunkel. “This validates our mission, and I’m more confident in the LogicGate team and our product than ever. We saw some amazing milestones in 2020, like the launch of the LogicGate Power User Certification Program, the Risk Crowd User Community, and our first user conference, Agility. We’re helping more customers turn risk into a strategic advantage, and we’ll continue evangelizing this as LogicGate’s mission through 2021.” With this latest investment from Greenspring Associates, LogicGate has reached more than $40 million in total funding. This infusion will further LogicGate’s work in its partner and customer advancements in the form of a new GRC ecosystem for customers, partners and prospects to explore all Risk Cloud offerings and create their ideal risk program and the focus on leading the market in risk quantification features. It will also fuel LogicGate’s expansion into European markets. “While compliance is non-negotiable, having a platform for it didn't feel like a priority. Until now,” said Hunter Somerville, at Greenspring Associates. “Organizations are realizing that investing in a GRC platform is essential and that they’re not all archaic. Platforms like the Risk Cloud stand out because they’re flexible enough to be completely custom but also have pre-built content, frameworks and workflows. This combination of approaches to software enables enterprises to work efficiently and supercharge more processes than ever before.” In 2020, LogicGate made enhancements to the Risk Cloud platform, adding native integrations with Okta, Slack, and Jira to their integrations suite. The company doubled its library of out-of-the-box applications which enable LogicGate customers to implement best-practice GRC processes quickly. These, among other user-interface upgrades and customer success initiatives, led to a 300 percent growth in monthly active users, and a 20 percent increase in average applications used per customer. Customers aren’t the only ones taking notice of LogicGate’s strides in product development, In May, LogicGate was awarded “Best Compliance Technology Partner—Small Company” by Compliance Week. G2 recognized the LogicGate Risk Cloud for three different awards in the Summer 2020 edition of the G2 Grid. In August, LogicGate was recognized in the Gartner Magic Quadrant for IT Vendor Risk Management Tools. In October, ChicagoInno recognized LogicGate in it’s 2020 Inno on Fire list. Through a year of intense growth, LogicGate has been able to maintain a superior company culture, receiving a Top Workplaces 2020 honor by The Chicago Tribune. Adding personnel to LogicGate’s team will be vital as the company expands its footprint in Europe. The company plans to add another 100 employees over the next 18 months. This announcement follows LogicGate’s announcement of new out-of-the-box Applications for the Risk Cloud platform. For more information about LogicGate or to view open positions, visit LogicGate.com. ### About LogicGate LogicGate is a leading provider of cloud-based solutions for automating governance, risk and compliance (GRC) processes. LogicGate empowers customers to transform disorganized risk and compliance operations into agile enterprise risk management programs, tailored to their business needs. Its proprietary Risk Cloud™ platform, an end-to-end suite of risk management solutions, blends the right mix of flexibility and out-of-the-box functionality, enabling organizations to manage their risk with confidence. Companies rely on LogicGate to accurately assess, monitor, action, and, when needed, rapidly pivot GRC processes, without the support of consultants or corporate IT. The Chicago-based company has been named a leading GRC Software Platform on the G2 GRC Grid for five consecutive quarters, and was awarded Best Security Innovation in a SaaS Product by the SaaS Awards. For more information, visit LogicGate.com and follow LogicGate on LinkedIn and Twitter at @LogicGate. Media Contact Kelsey Koralewski BLASTmedia for LogicGate [email protected] View Original Press ReleaseGovernance, risk, and compliance solution provider recognized for its flexible, easy-to-use Risk Cloud platform
CHICAGO – December 3, 2020 – LogicGate, a leading provider of cloud software solutions for automating governance, risk, and compliance (GRC) processes through its Risk Cloud™ platform, has been named to the 2021 Global RegTech 100 List. The 2021 RegTech 100 is the fourth annual list of 100 of the world’s most innovative regulation technology companies. This list is meant to inform and familiarize banks, and other financial institutions with the latest developments and shifts in regulation technology, especially with changing mission-critical digital transformation strategies in the current pandemic environment. The LogicGate Risk Cloud™ is a cloud-based platform with a suite of risk management Applications that transforms the way businesses manage their governance, risk, and compliance processes by combining expert level content and service with easy, no-code technology to create a holistic view of their risk programs. The technology unifies GRC programs to identify overlaps and gaps, automates menial tasks, ties together disparate data, and can be operated by anyone in an organization. Applications include IT Risk Management, Compliance Management, Regulatory Compliance, Third-Party Risk Management, Enterprise Risk Management, and more. LogicGate was included on the 2021 list after review by a panel of analysts and industry experts voting from a list of more than 1,000 companies produced by RegTech Analyst. Finalists, such as LogicGate, were recognized for their innovative use of technology to solve a significant industry problem, or to generate efficiency improvements across the compliance function. “Banks and other financial institutions are prioritizing flexible GRC solutions that allow them to improve current programs and, most importantly, scale quickly as regulations and processes continue to change,” said LogicGate CEO, Matt Kunkel. “Our inclusion in this year’s RegTech 100 showcases this strategic initiative organizations are taking as well as our momentum within the GRC space. Because, with our continued innovation and regular Risk Cloud enhancements, we’re able to provide financial institutions with easy-to-use, mission-critical regulatory workflow processes that, in a year such as this one, is essential for organization-wide growth.” This announcement follows LogicGate’s announcement of the expansion of its application suite. For more information about LogicGate, visit LogicGate.com. For more information about the RegTech 100 and to view the full list of finalists, visit www.RegTech100.com. ### About LogicGate LogicGate is a leading provider of cloud-based solutions for automating governance, risk, and compliance (GRC) processes. LogicGate empowers customers to transform disorganized risk and compliance operations into agile enterprise risk management programs, tailored to their business needs. Its proprietary Risk Cloud™ platform, an end-to-end suite of risk management solutions, blends the right mix of flexibility and out-of-the-box functionality, enabling organizations to manage their risk with confidence. Companies rely on LogicGate to accurately assess, monitor, action, and, when needed, rapidly pivot GRC processes, without the support of consultants or corporate IT. The Chicago-based company has been named a leading GRC Software Platform on the G2 GRC Grid for five consecutive quarters and was awarded Best Security Innovation in a SaaS Product by the SaaS Awards. For more information, visit LogicGate.com and follow LogicGate on LinkedIn and Twitter at @LogicGate. Media Contact Kelsey Koralewski BLASTmedia for LogicGate [email protected]LogicGate broadens options for customers looking for more guidance in creating GRC programs
CHICAGO – November 19, 2020 – LogicGate, a leading provider of cloud software solutions for automating governance, risk, and compliance (GRC) processes through its Risk Cloud™ platform, today announces an expansion of its Application suite with seven new out-of-the-box Applications. The Risk Cloud now has 25 proprietary Applications that enable LogicGate customers to implement best-practice GRC processes quickly. The suite is an ongoing initiative for the LogicGate team and new applications will be consistently released to meet customer needs. “These new applications are based on best practice frameworks that allow organizations to quickly launch new GRC initiatives.” said LogicGate Chief Product Officer, Jon Siegler. “Because these Applications are based on our powerful Risk Cloud platform, they can easily be connected into any other application on the Risk Cloud. Many of our customers use our out-of-the-box Applications as a baseline starting point, and modify them to fit into their organization’s unique structure and workflow. Since our Applications are based on industry best practices and standards, our customers can be confident in knowing they have an efficient and compliant process in place.” Risk Cloud Applications are each richly built based on industry best practices. The pre-built configurations can help organizations get their GRC program up and running faster, no matter the use case they are looking to solve. New Applications include: HITRUST Regulatory Compliance Issues Management COSO Enterprise Risk Management SOX Control Testing Controls Management Procurement and Contract Management In addition to new Applications, LogicGate is also debuting the Risk Cloud Home Screen. Risk Cloud users now have a customizable view of their Applications when logging into the platform. This addition streamlines their work, aligns users with key initiatives and increases organization-wide adoption of their risk programs. This announcement follows LogicGate’s recognition in the Gartner Magic Quadrant for IT Vendor Risk Management Tools. For more information about LogicGate, visit LogicGate.com. ### About LogicGate LogicGate is a leading provider of cloud-based solutions for automating governance, risk and compliance (GRC) processes. LogicGate empowers customers to transform disorganized risk and compliance operations into agile enterprise risk management programs, tailored to their business needs. Its proprietary Risk Cloud™ platform, an end-to-end suite of risk management solutions, blends the right mix of flexibility and out-of-the-box functionality, enabling organizations to manage their risk with confidence. Companies rely on LogicGate to accurately assess, monitor, action, and, when needed, rapidly pivot GRC processes, without the support of consultants or corporate IT. The Chicago-based company has been named a leading GRC Software Platform on the G2 GRC Grid for five consecutive quarters, and was awarded Best Security Innovation in a SaaS Product by the SaaS Awards. For more information, visit LogicGate.com and follow LogicGate on LinkedIn and Twitter at @LogicGate. Media Contact Kelsey Koralewski BLASTmedia for LogicGate [email protected]These are the incredible companies driving the list of The Embroker 200. We sought out startups across over…
LogicGate, a leading provider of cloud software solutions for automating governance, risk, and compliance (GRC) processes through its…
CHICAGO – October 30, 2020 – LogicGate, a leading provider of cloud software solutions for automating governance, risk, and compliance (GRC) processes through its Risk Cloud™ platform, has been awarded a Top Workplaces 2020 honor by The Chicago Tribune. The list is based solely on employee feedback gathered through a third-party survey administered by employee engagement technology partner Energage, LLC. The anonymous survey uniquely measures 15 drivers of engaged cultures that are critical to the success of any organization: including alignment, execution, and connection, just to name a few. “In times of great change, it is more important than ever to maintain a connection among employees,” said Eric Rubino, Energage CEO. “When you give your employees a voice, you come together to navigate challenges and shape your path forward based on real-time insights into what works best for your organization. The Top Workplaces program can be that positive outcome your company can rally around in the coming months to celebrate leadership and the importance of maintaining an employee-focused culture, even during challenging times.” “We are thrilled to receive this recognition, especially knowing this feedback comes directly from our most valuable asset, our employees,” said Matt Kunkel, CEO of LogicGate. “LogicGate has grown its employee base by 60% nationwide in the last year, which would not have been possible without our employees' consistent efforts to raise the bar. It’s an honor to work amongst such driven and talented individuals. As we continue to grow, we strive to ensure our employees are supported in a way that enables them to incorporate LogicGate’s core values into their everyday work.” ### About LogicGate LogicGate is a leading provider of cloud-based solutions for automating governance, risk and compliance (GRC) processes. LogicGate empowers customers to transform disorganized risk and compliance operations into agile enterprise risk management programs, tailored to their business needs. Its proprietary Risk Cloud™ platform, an end-to-end suite of risk management solutions, blends the right mix of flexibility and out-of-the-box functionality, enabling organizations to manage their risk with confidence. Companies rely on LogicGate to accurately assess, monitor, action, and, when needed, rapidly pivot GRC processes, without the support of consultants or corporate IT. The Chicago-based company has been named a leading GRC Software Platform on the G2 GRC Grid for five consecutive quarters, and was awarded Best Security Innovation in a SaaS Product by the SaaS Awards. For more information, visit LogicGate.com and follow LogicGate on LinkedIn and Twitter at @LogicGate. About Energage Energage offers a fully unified SaaS platform, plus support and professional services, to help organizations recruit and retain the right talent. As a B-Corporation founding member, Energage has committed itself to the purpose of making the world a better place to work together. Based on 14 years of culture research, the engine behind 51 Top Workplaces programs across the country, and data gathered from over 20 million employees at 60,000 organizations, Energage has isolated the 15 drivers of engaged cultures that are critical to the success of any business, and developed the tools and expertise to help organizations measure, shape and showcase their unique culture to achieve a sustainable competitive advantage. For more information, please visit energage.com. Follow us on Twitter @teamenergage and Facebook and LinkedIn @energage.October 19, 2020 –– LogicGate, a leading provider of cloud software solutions for automating governance, risk, and compliance…
October 19, 2020 –– LogicGate, a leading provider of cloud software solutions for automating governance, risk, and compliance (GRC) processes through its Risk Cloud™ platform today announces its recognition in the 2020 Inno on Fire by Chicago Inno. This recognition comes as a result of continuous momentum in product and company growth throughout the year. LogicGate not only debuted its Integration Suite, but also created a Power User Certification program, held its inaugural user conference, Agility, and was recognized in a host of other awards programs. According to Inno, the tech companies and startups on its list this year are being recognized for their resilience, dedication and success despite the adversity presented by the pandemic. Inno recognizes people and companies that have had a banner year—whether that’s new funding, recent product launches, big hires, and of course, innovative approaches to addressing the Covid-19 pandemic. The companies on the list span from early-stage growth companies to some of Chicago's biggest tech pillars. “Despite a global pandemic and uncertain economic conditions, our team at LogicGate didn’t miss a beat,” said LogicGate CEO, Matt Kunkel. “We continued on our growth trajectory, introducing our Risk Cloud, creating pre-built applications, meeting new compliance standards, even hosting our inaugural user conference, Agility, from our homes. It certainly hasn’t been the year we thought we’d have but, that’s not a bad thing. We’re still driving innovation, working closely with our customers (creating a global customer organization), and elevating our leadership. We’re headed into 2021 with bigger goals and a harmonious team I have the utmost confidence in.” Check out LogicGate in the 2020 Inno on Fire.Seasoned SaaS executive promoted to oversee Global Customer Organization, sales operations, investor management, Finance, IT and HR
CHICAGO––September 30, 2020––LogicGate, a leading provider of cloud software solutions for automating governance, risk, and compliance (GRC) processes through its Risk Cloud™ platform, today announces the promotion of Kevin Jacobson from chief financial officer to chief operating officer. Jacobson joined the company as CFO in 2018 and will be expanding upon his current CFO responsibilities to oversee the newly formed Global Customer Organization (GCO). The GCO brings together all customer-serving departments under one team, with one mission -- to deliver an amazing experience to LogicGate customers. “My time with LogicGate so far has been both a welcomed challenge and massively rewarding,” said Jacobson. “And, now, I believe LogicGate can be a leader in SaaS customer experience with our new Global Customer Organization. We believe in truly investing in our customers to enable them to achieve their objectives. As COO, I hope to contribute to LogicGate’s next-generation GRC platform through operational excellence and best-in-class customer experience.” Prior to LogicGate, Jacobson worked at and with various software companies as an investor, an investment banker and as a c-suite executive. Most recently, he served as CFO of Kapow before it was acquired by Cvent in June 2018. At LogicGate, he's contributed to many areas of the organization by bringing his deep financial and operational skillset to deliver value to partners, customers, employees, and investors. As CFO, Jacobson was responsible for finance, sales operations, investor relations, HR, IT operations and legal functions. “Kevin has shown his dedication to our customers, investors and business partners time and time again,” said Matt Kunkel, LogicGate CEO and co-founder. “The best way forward for the sustained success of our customers and stakeholders, both internal and external, is with Kevin overseeing all operational workstreams. With his great SaaS experience and unique customer- and product-focused abilities, he’ll apply calculated business strategies that drive company, customer and employee growth.” For more information about LogicGate, visit LogicGate.com. ### About LogicGate LogicGate is a leading provider of cloud-based solutions for automating governance, risk and compliance (GRC) processes. LogicGate empowers customers to transform disorganized risk and compliance operations into agile enterprise risk management programs, tailored to their business needs. Its proprietary Risk Cloud™ platform, an end-to-end suite of risk management solutions, blends the right mix of flexibility and out-of-the-box functionality, enabling organizations to manage their risk with confidence. Companies rely on LogicGate to accurately assess, monitor, action, and, when needed, rapidly pivot GRC processes, without the support of consultants or corporate IT. The Chicago-based company has been named a leading GRC Software Platform on the G2 GRC Grid for five consecutive quarters, and was awarded Best Security Innovation in a SaaS Product by the SaaS Awards. For more information, visit LogicGate.com and follow LogicGate on LinkedIn and Twitter at @LogicGate. Media Contact Kelsey Koralewski BLASTmedia for LogicGate [email protected]When it comes to approaching risk management, a "sports" mindset is a good starting point.
With flexible data models to store information and access different types of data, GRC users can unlock insights…
LogicGate positioned as a Niche Player LogicGate recognized for completeness of vision and ability to execute for its…
CHICAGO – August 27, 2020 – LogicGate, a leading provider of cloud software solutions for automating governance, risk, and compliance (GRC) processes through its Risk Cloud™ platform, today announces its recognition by Gartner, Inc. in the 2020 “Magic Quadrant for IT Vendor Risk Management Tools.”1 Worldwide information security spending is expected to reach $123.8 billion by the end of 2020, according to Gartner². Companies are outsourcing more today than ever before. While outsourcing can increase efficiency and lower overhead costs, third party vendors present a significant risk to a business if not vetted and managed properly. LogicGate’s Third-Party Vendor Risk Management solution consists of three out-of-the-box Applications within the Risk Cloud platform, supporting vendor onboarding, assessment, and remediation via pre-built workflows aligned to SIG Lite, ISO 27001, and ISO27002, that are completely customizable to create unique vendor risk programs. “Vendor risk management is a critical component of an effective GRC strategy,” said LogicGate Chief Product Officer, Jon Siegler. “There’s not an enterprise out there that isn’t doing some sort of outsourcing, and at LogicGate, we’re working to make the process more efficient and compliant for those involved. Because, with the right vendor risk strategy in place, organizations can make better decisions in real-time to improve their bottom lines.” With Risk Cloud’s third-party risk management solution, customers are easily able to: Track risks from third-party vendors in real time to better understand exposure points and identify mission-critical vendors Break down silos with a single source of truth for their organization to assign remediation activities, track mitigations, and integrate with existing procurement or AP systems Cultivate better relationships and improved communication with vendors by automating tasks and keeping consistent records Implement third-party risk programs with pre-built Applications aligned to widely adopted frameworks or customize to fit their unique processes “Our most mature program in LogicGate’s Risk Cloud is our vendor risk management program. The Risk Cloud allows us to have an extensive repository of the data we need on our vendors where we can track program requirements, compliance requirements, monitoring and auditing, and our annual vendor assessments. Then we can extrapolate reports from that down to the greatest detail to provide other departments with information, track our compliance requirements, and provide us analytics on the vendors for our Vendor Management program. LogicGate’s Risk Cloud platform is a powerful tool,” said Erin Hassan from Health Alliance. This announcement follows LogicGate’s inaugural user conference, Agility 2020, where the company released an integration with Zapier and three pre-built applications for Third-Party Risk Management and Information Security. For more information about LogicGate, visit LogicGate.com. A complimentary version of the 2020 Gartner Magic Quadrant for IT Vendor Risk Management Tools is available for download here. View the original press release on business wire here. ### 1 Gartner “Magic Quadrant for IT Vendor Risk Management Tools, 2020” by Joanne Spender, Edward Weinstein, 24 August 2020. 2 Gartner Press Release, “Gartner Forecasts Worldwide Security and Risk Management Spending Growth to Slow but Remain Positive in 2020,” 17 June 2020. Gartner Disclaimer Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. About LogicGate LogicGate is a leading provider of cloud-based solutions for automating governance, risk and compliance (GRC) processes. LogicGate empowers customers to transform disorganized risk and compliance operations into agile enterprise risk management programs, tailored to their business needs. Its proprietary Risk Cloud™ platform, an end-to-end suite of risk management solutions, blends the right mix of flexibility and out-of-the-box functionality, enabling organizations to manage their risk with confidence. Companies rely on LogicGate to accurately assess, monitor, action, and, when needed, rapidly pivot GRC processes, without the support of consultants or corporate IT. The Chicago-based company has been named a leading GRC Software Platform on the G2 GRC Grid for five consecutive quarters, and was awarded Best Security Innovation in a SaaS Product by the SaaS Awards. For more information, visit LogicGate.com and follow LogicGate on LinkedIn and Twitter at @LogicGate. Media Contact Kelsey Koralewski BLASTmedia for LogicGate [email protected]In addition to announcing new app frameworks, a new Zapier integration further enables Risk Cloud users to manage…
CHICAGO – July 15, 2020 – LogicGate, a leading provider of cloud software solutions for automating governance, risk, and compliance (GRC) processes through its Risk Cloud™ platform, today adds a Zapier integration to its Integrations Suite, and has expanded its Third-Party Risk Management and Information Security offerings with three additional pre-built applications. The announcement was made during LogicGate’s inaugural user conference, Agility. “At the enterprise level, all digital systems must speak to each other, making integrations non-negotiable for any solution to be successfully adopted and implemented,” said Jon Siegler, chief product officer, LogicGate. “We’re integrating with Zapier to meet our customers where they are because of its extensive power to integrate with the thousands of other applications enterprises use on a daily basis. As more organizations adopt risk-focused mindsets as a result of the COVID-19 pandemic, we’re making it even easier to maintain governance, risk management and compliance with fewer clicks.” For many companies, ensuring their tech stack communicates is the key to a smooth user experience and the automation of manual tasks. LogicGate's Zapier integration opens the door to over two thousand commonly used business apps, such as Slack, Google Sheets, Jira and Zoom. The integration links activity from Risk Cloud to these applications, creating custom business functions within their GRC programs. In addition to a new integrations, LogicGate is adding three new pre-built applications, Third-Party Risk Management: ISO 27001, Third-Party Risk Management: SIG Lite and Information Security: ISO 27005 to Risk Cloud. All applications are richly built based on industry best practices for LogicGate users that would prefer more guidance in creating their GRC programs. The pre-built configurations can help organizations get their Third-Party Risk Management and InfoSec programs up-and-running more quickly. The applications are the first of several more to come as LogicGate looks to continue to build a robust Risk Cloud application hub. For more information about LogicGate, visit LogicGate.com. ### About LogicGate LogicGate is a leading provider of cloud-based solutions for automating governance, risk and compliance (GRC) processes. LogicGate empowers customers to transform disorganized risk and compliance operations into agile enterprise risk management programs, tailored to their business needs. Its proprietary Risk Cloud™ platform, an end-to-end suite of risk management solutions, blends the right mix of flexibility and out-of-the-box functionality, enabling organizations to manage their risk with confidence. Companies rely on LogicGate to accurately assess, monitor, action, and, when needed, rapidly pivot GRC processes, without the support of consultants or corporate IT. The Chicago-based company has been named a leading GRC Software Platform on the G2 GRC Grid for five consecutive quarters, and was awarded Best Security Innovation in a SaaS Product by the SaaS Awards. For more information, visit LogicGate.com and follow LogicGate on LinkedIn and Twitter at @LogicGate. Media Contact Kelsey Koralewski BLASTmedia for LogicGate [email protected]Matt Kunkel, CEO and CO-Founder of LogicGate explains how the shift to remote work is having a dramatic…
Inaugural conference to feature GRC leaders discussing the current and future state of GRC, success stories, and product…
CHICAGO – June 30, 2020 – LogicGate, a leading provider of cloud software solutions for automating governance, risk, and compliance (GRC) processes through its Risk Cloud™ platform, today announces its user conference, Agility 2020. The event will be held virtually on July 15 and July 16 and will feature keynotes and panel discussions with industry innovators covering topics such as the current state of GRC, real-world business experiences, skill development, and the future of LogicGate. Additionally, world champion poker player Liv Boeree is slated to deliver the event's special keynote address. She'll offer her thoughts on the science of communication, risk-based decision-making, and the connections between poker and business. “The modern risk manager needs more than technical skills to work cross-functionally and wield their influence up and down the organization chart,” said Matt Kunkel, CEO of LogicGate. “At Agility, our goal is to empower our customers to turn risk into a business opportunity by providing use cases and best practices from some of the most influential, innovative minds in the GRC industry. Attendees will walk away from the event better equipped to manage governance, risk, and compliance, laying the foundation for risk managers to transform their businesses.” Because risk management and compliance continue to evolve at an accelerating pace, those in the industry need to stay up to date with best practices, skills, use cases, and technologies in order to stay at the forefront of the change. Agility 2020 will deliver relevant and insightful panel discussions and keynote and breakout sessions from experts on a wide variety of industry topics. Attendees can tune in to learn more about how GRC is best approached as a team sport, leading an organization’s risk journey, GRC gamification, the neuroscience of risk, and much, much more. Agility attendees will hear from industry leaders, including: Emily Heath, DocuSign, Chief Trust & Security Officer Matt Kunkel, LogicGate, CEO Jon Siegler, LogicGate, Chief Product Officer George Popovich, Motorola Solutions, Cybersecurity Governance Tom Cornelius, ComplianceForge Matt Whitenett, deepwatch, Principal Compliance Analyst Mark Solonick, J2 Global, Director of Internal Audit This announcement follows LogicGate being named ‘Best Compliance Technology Partner’ by Compliance Week and the launch of the LogicGate Power User Certification program. For more information about LogicGate, visit LogicGate.com. For more information or to register for Agility 2020, please reach out to your LogicGate customer service representative. ### About LogicGate LogicGate is a leading provider of cloud-based solutions for automating governance, risk and compliance (GRC) processes. LogicGate empowers customers to transform disorganized risk and compliance operations into agile enterprise risk management programs, tailored to their business needs. Its proprietary Risk Cloud™ platform, an end-to-end suite of risk management solutions, blends the right mix of flexibility and out-of-the-box functionality, enabling organizations to manage their risk with confidence. Companies rely on LogicGate to accurately assess, monitor, action, and, when needed, rapidly pivot GRC processes, without the support of consultants or corporate IT. The Chicago-based company has been named a leading GRC Software Platform on the G2 GRC Grid for five consecutive quarters, and was awarded Best Security Innovation in a SaaS Product by the SaaS Awards. For more information, visit LogicGate.com and follow LogicGate on LinkedIn and Twitter at @LogicGate. Media Contact Ryan Hecker BLASTmedia for LogicGate [email protected]The LogicGate Risk Cloud claims a spot as a top GRC Software Solution on the G2 Grid for…
LogicGate, a leading provider of cloud software solutions for automating governance, risk, and compliance (GRC) processes through its Risk Cloud™️ platform, is proud to announce it was again honored as a top solution in the GRC market. User-generated reviews site G2 bestowed three separate awards upon LogicGate Risk Cloud on the Summer 2020 edition of the G2 Grid, which highlights the best-reviewed technology companies every quarter. These awards include: Leader Best Relationship Easiest to Use (Enterprise Category) LogicGate is one of just a few GRC Solutions to be designated a market “Leader.” High scores across multiple categories helped to secure LogicGate’s strong overall performance: 90% of users say they would recommend Risk Cloud 94% of users believe the Risk Cloud is headed in the right direction 98% of users say the Risk Cloud offers great quality of support The Risk Cloud also earned top marks in categories such as Ease of Use (88%), Ease of Admin (88%), and Ease of Doing Business With (98%). G2 is a peer-to-peer business solutions review website. Within the GRC Platforms category, products are ranked by customer satisfaction and market presence and placed into one of four categories on the Grid. Products in the Leader quadrant are rated highly by G2 users and have substantial Market Presence scores. Click here to download the Summer 2020 Grid Report for GRC Platforms. About G2 G2, the world's leading business solution review platform, leverages more than 680,000 user reviews to drive better purchasing decisions. Business professionals, buyers, investors, and analysts use the site to compare and select the best software and services based on peer reviews and synthesized social data. Every month, more than one million people visit G2's site to gain unique insights. Co-founded by the founder and former executives of SaaS leaders like BigMachines (acquired by Oracle) and SteelBrick (acquired by Salesforce) and backed by more than $100 million in capital, G2 aims to bring authenticity and transparency to the business marketplace. For more information, go to G2.com.Global CyberTech100 list announced to recognize the tech companies providing cyber defenses to financial institutions.
We are excited to announce LogicGate has been named to the Global CyberTech100 list. CyberTech is one of the fastest growing sectors within the FinTech industry, with FinTech Global data showing investment in the space has grown 14x since 2014 to reach $3.4bn last year. That surge in activity comes as financial services firms are increasingly moving towards digital operations and expanding their security budgets. According to a study by Gov.uk, finance and insurance firms increased their spending on cybersecurity by 23% YoY in 2019. Given the huge rise in appetite for the sector, the CyberTech100 was produced to identify the 100 innovative companies that every financial institution needs to know about when they consider and develop their information security and financial crime fighting strategies. Along with LogicGate, the standout companies were chosen by a panel of industry experts and analysts who reviewed a study of over 1,000 CyberTech companies undertaken by FinTech Global, a data and research firm. The solution providers making the final list were recognized for their innovative use of technology to solve a significant industry problem, or to generate cost savings or efficiency improvements across the security value chain FinTech Global director Richard Sachar said, "Established financial institutions need to be aware of the latest security technology in the market to protect their organizations from data leaks and cyber attacks. "The CyberTech100 list helps senior management filter through all the vendors in the market by highlighting the leading companies in sectors such as Threat Management, Data Governance, Cloud Security, Employee Risk and Fraud Prevention,” he added. A full list of the CyberTech100 can be found at www.CyberTech100.com. More detailed information about the companies is available to download for free on the website.Governance, risk, and compliance solution provider recognized for superior technology in small company category.
CHICAGO – May 18, 2020 – LogicGate, a leading provider of cloud software solutions for automating governance, risk, and compliance (GRC) processes through its Risk Cloud™ platform, today announces it’s been awarded “Best Compliance Technology Partner—Small Company” by Compliance Week. “Governance, risk, and compliance is an essential practice for all businesses,” said LogicGate CEO, Matt Kunkel. “This is why we’ve worked so hard to create an agile, no-code, user-friendly solution. The more organizations are able to manage their risk, the more risk they’re able to take on, leading to greater innovation and greater market share. Being part of that story is what keeps our team at LogicGate inspired.” The “Best Compliance Technology Partner” designation is awarded to a company whose technological services went above and beyond in providing standout assistance to its clients. Compliance Week developed the Excellence in Compliance Awards to recognize individuals and technology in the compliance category for superior performance. By enhancing controls and increasing flexibility, LogicGate’s highly configurable applications enable organizations to transform mission-critical governance, risk, and compliance processes without the support of consultants or corporate IT. LogicGate’s Risk Cloud platform combines adaptability with ease-of-use, supplying customers with a user-friendly, drag-and-drop interface, preconfigured process applications within a no-code environment, and dashboard-style reporting. Other unique features within the LogicGate platform include e-signatures, calculated fields, email triggers and notifications, and an on-the-fly report designer. “We were looking for a GRC tool but LogicGate is so much more,” said LogicGate user Mihai P. “It's a flexible process management tool that can be used to digitise any standardised process. It's super easy to use and the implementation team made the deployment very easy. Initial estimation was 100 days but we got it done in about one month due to the dedication of the customer team and also driven by great knowledge transfer.” This announcement follows the launch of the LogicGate Power User Certification program. For more information about LogicGate, visit LogicGate.com. For more information about the Excellence in Compliance Awards, visit ComplianceWeek.com. ### About LogicGate LogicGate is a leading provider of cloud-based solutions for automating governance, risk and compliance (GRC) processes. LogicGate empowers customers to shift strategies from reactive to proactive, enabling them to build risk management programs tailored to their business context. Its proprietary Risk Cloud platform, an end-to-end suite of risk management solutions, blends the right mix of flexibility and out-of-the-box functionality for organizations to manage their risk with confidence. Companies rely on LogicGate to accurately predict the path of risk and, when needed, rapidly pivot GRC processes without the support of consultants or corporate IT. The Chicago-based company has been named a leading GRC Platform on the G2 GRC Grid for five consecutive quarters, and was awarded Best Security Innovation in a SaaS Product by the SaaS Awards. For more information, visit LogicGate.com and follow LogicGate on Twitter at @LogicGate. Media Contact Katie Cessna BLASTmedia for LogicGate [email protected] 317-806-1900 x.142Program will enable LogicGate users to more independently create powerful governance, risk, and compliance workflows within the platform.
CHICAGO – May 7, 2020 – LogicGate, a leading provider of cloud software solutions for automating governance, risk and compliance (GRC) processes through its Risk Cloud platform, today announces its Power User Certification program. The program provides a means for users to increase their proficiency in LogicGate’s Risk Cloud applications and workflows, and is the first of many educational offerings which will be made available to LogicGate customers via LogicGate Learning. “As we grow our customer base, we know a major part of creating a great user experience is the ability to proficiently use and edit our pre-built and custom applications to manage all or parts of a GRC program,” said Jon Siegler, Chief Product Officer at LogicGate. “The knowledge our certification program provides satisfies this need for our customers, above and beyond onboarding. Our courses enable our users to translate their GRC programs into reality - all within our Risk Cloud platform.” Any LogicGate admin user can enroll in the virtual certification program. The courses are made up of videos, guides, and tutorials to accommodate a variety of learning styles. Once completed, users will receive a certificate which they can post to their LinkedIn profiles. LogicGate has plans to continue creating additional courses to accommodate evolving use cases. Along with the launch of the Power User Certification program, LogicGate is also debuting a Slack community called “The Risk Crowd.” The community is a forum for current LogicGate power users to interact with each other and the LogicGate team. The Risk Crowd is dedicated to connecting GRC professionals to discuss GRC best practices and trends. Additionally, it is used to preview new LogicGate features and encourage customers to talk about all things LogicGate. This announcement follows the launch of the LogicGate Integration suite earlier this year. For more information on LogicGate and the LogicGate Power User Certification program, click here. ### About LogicGate LogicGate is a leading provider of cloud-based solutions for automating governance, risk and compliance (GRC) processes. LogicGate empowers customers to shift strategies from reactive to proactive, enabling them to build risk management programs tailored to their business context. Its proprietary Risk Cloud platform, an end-to-end suite of risk management solutions, blends the right mix of flexibility and out-of-the-box functionality for organizations to manage their risk with confidence. Companies rely on LogicGate to accurately predict the path of risk and, when needed, rapidly pivot GRC processes without the support of consultants or corporate IT. The Chicago-based company has been named a leading GRC Platform on the G2 GRC Grid for five consecutive quarters, and was awarded Best Security Innovation in a SaaS Product by the SaaS Awards. For more information, visit LogicGate.com and follow LogicGate on Twitter at @LogicGate. Media Contact Katie Cessna BLASTmedia for LogicGate [email protected] 317-806-1900 x.142LogicGate Chief Marketing Officer Gina Hortatsos discusses marketing's role during a particularly fraught time.
We are excited to announce that we were again named a top GRC Solution on the G2 Grid.
LogicGate, an agile process automation platform for governance, risk management, and compliance, is happy to announce it was again honored as a top solution in the GRC market. Respected technology-reviews site G2 named LogicGate a Leader on the Spring 2020 edition of its Grid , which highlights the best-reviewed technology companies every quarter. One of just a few GRC Solutions to be designated a market “Leader,” LogicGate’s strong overall performance was bolstered by high scores across all categories. The company earned top marks in categories such as Quality of Support (97% satisfaction rating), Ease of Use (87%), and Ease of Doing Business With (98%), as well as the following reviews: 93% of users believe LogicGate is headed in the right direction 89% of users said they would recommend LogicGate G2 is a peer-to-peer business solutions review website. Within the GRC Platforms category, products are ranked by customer satisfaction and market presence and placed into one of four categories on the Grid. Products in the Leader quadrant are rated highly by G2 users and have substantial Market Presence scores. Keeping the Momentum LogicGate also appeared on the Spring 2020 Momentum Grid—its second-straight appearance. LogicGate earned a Momentum score of 92%—the highest on the Grid and well above the Grid average of 53%. LogicGate outpaced the competition in other categories as well: 100% Review Growth (vs. 60% average) 91% Employee Growth (vs. 38% average) 93% Social Growth (vs. 42% average) 86% Web Growth (vs. 48% average) Momentum scores take social, web, employee, and review data into account and compare these metrics against past scores to assess the company’s direction. To appear on the Momentum Grid, products must have received a minimum of 10 reviews and accumulated a year’s worth of review data. Only products in the top 25% are considered Momentum Leaders. "While recognition of any kind is always appreciated, earning the top spot on G2's Momentum Grid is especially gratifying because it shows how determined our employees are to always be raising the bar," says Matt Kunkel, CEO of LogicGate. "Growth, learning, and the continued success of our customers are things we value highly here, and it's fantastic to see that reflected in our Momentum Score." Click here to download the Spring 2020 Grid Reports for GRC Software. About G2 G2, the world's leading business solution review platform, leverages more than 680,000 user reviews to drive better purchasing decisions. Business professionals, buyers, investors, and analysts use the site to compare and select the best software and services based on peer reviews and synthesized social data. Every month, more than one million people visit G2's site to gain unique insights. Co-founded by the founder and former executives of SaaS leaders like BigMachines (acquired by Oracle) and SteelBrick (acquired by Salesforce) and backed by more than $100 million in capital, G2 aims to bring authenticity and transparency to the business marketplace. For more information, go to G2.com. Download the GRC Grid Reports here.ChicagoBootcamps.com — LogicGate is one of Chicago's hottest startups.
Chicago, IL – March 9, 2020 – LogicGate has been named one of Crain’s 2020 Best Places to…
Chicago, IL – March 9, 2020 – LogicGate has been named one of Crain’s 2020 Best Places to Work in Chicago. The complete list of winners, in alphabetical order, is available here. The full Best Places to Work in Chicago ranking – plus a breakdown of the rankings based on company size – will be announced at a live event on April 17. The ranking of the 100 top employers will appear in the April 20 issue of Crain’s and online following the event at ChicagoBusiness.com/BestPlaces2020. In partnership with Best Companies Group, Crain’s surveyed thousands of employees on the types of working conditions, benefits and corporate culture that make a company a great place to work. The awards program is designed to identify, recognize and honor the 100 best companies to work for in Chicago. Winners were determined by the results of a weighted survey of employees and employers, conducted by Crain’s in partnership with Best Companies Group. To be considered for participation, companies had to: Be a publicly or privately held business Be a for-profit or not-for-profit business, or government entity Have a facility in the Chicago area (including the counties of Cook, DuPage, Kane, Lake in Illinois, Lake in Indiana, McHenry or Will) Have a minimum of 25 full-time or part-time employees working in Chicago Have been in business a minimum of one year Determining the Best Places to Work in Chicago involved a two-step process. The first step consisted of evaluating each participating company’s workplace policies, practices, and demographics. This part of the process was worth approximately 25% of the total evaluation. The second part consisted of employee surveys aimed at assessing the experiences and attitudes of individual employees with respect to their workplace. This part was worth approximately 75% of the total evaluation. The combined scores determined the best companies and the final ranking. Best Companies Group managed the overall registration and survey process and analyzed the data and used its expertise to determine the final ranking. LogicGate will be honored at the 2020 Best Places to Work in Chicago awards event on Friday, April 17 at the Hilton Chicago. Event details can be found here. @CrainChicago #CrainsBPTW About Crain’s Chicago Business Crain’s Chicago Business is the top source of news, analysis and information on business in metropolitan Chicago for decision-makers in the private and public sectors. Crain's publishes a weekly business magazine, providing deeper analysis, commentary, special reports and features. Crain's also produces databases, live events and sponsored content, all with the aim of deepening readers' understanding of local business. Crain’s Chicago Business is the leading source of information on Chicago’s economy, the companies, industries and institutions that operate here and the entrepreneurs and innovators who drive the city’s growth. About LogicGate LogicGate is a leading provider of cloud-based governance, risk, and compliance (GRC) solutions for automating enterprise risk management processes. LogicGate empowers customers to shift GRC strategies from reactive to proactive, enabling them to build risk management programs tailored to their business needs. Its proprietary Risk CloudTM platform, an end-to-end suite of risk management solutions, blends the right mix of flexibility and out-of-the-box functionality for organizations to manage their risk with confidence. Companies rely on LogicGate to accurately predict the path of risk and, when needed, rapidly pivot GRC systems and processes without the support of consultants or corporate IT. The Chicago-based company has been named a leading GRC Software Platform on the G2 GRC Grid for five consecutive quarters, and was awarded Best Security Innovation in a SaaS Product by the SaaS Awards. For more information, visit LogicGate.com and follow LogicGate on LinkedIn and Twitter at @LogicGate.On the most recent episode of the Technori podcast, Matt Kunkel sat down with host Scott Kitun to…
New integrations with applications such as secure Identity Management provider Okta better facilitate risk management workflows between teams…
SAN FRANCISCO – February 24, 2020 – LogicGate, an agile process automation platform enabling organizations to operationalize governance, risk, and compliance (GRC) programs, today announces the LogicGate Integration suite at the 2020 RSA Conference. The suite is a collection of integrations with tools that feed valuable risk data into LogicGate applications or bolster workflow by improving efficiency— enabling LogicGate customers to use the platform as the central hub for their organization’s risk management program. Debuting as LogicGate’s first out-of-the-box addition to the suite is the secure Identity Management provider, Okta. “LogicGate is trusted to manage the world's leading enterprises' risk management processes. It's imperative those complex, flexible workflows connect to the tools risk management teams, and other critical business units, use every day,” said LogicGate Chief Product Officer, Jon Siegler. “Our customers are using so many tools to defend their organizations—which is a step in the right direction from just using spreadsheets—and we’re improving their experience by making easy-to-use, purpose-built integrations for better visibility into the complete picture of their risk mitigation and management.” The new, out-of-the-box Okta integration simplifies the time-intensive user lifecycle management process for large enterprises, enabling them to easily manage users and groups in LogicGate. In addition to the out-of-the-box integrations, LogicGate provides an open RESTful API that allows customers to connect most major applications with the LogicGate platform. In the months ahead, LogicGate will also add out-of-the-box integrations on an ongoing basis in categories including vulnerability scanning, regulatory content, document editing, and third-party scanning. LogicGate is located in the South Expo section of the Moscone Center at RSA — booth #3229. On the morning of Thursday, February 27, the company will host a breakfast at The Grove San Francisco, featuring a fireside chat with CEO Matt Kunkel, LogicGate Board Member and DocuSign Chief Trust and Security Officer Emily Heath, and LogicGate customers. This announcement follows LogicGate’s $24.75 Series B funding, bringing total investment in the company to $34 million. For more information on LogicGate and how it manages ERM for leading businesses, visit www.logicgate.com. ### About LogicGate Headquartered in Chicago, LogicGate is an agile GRC software solution that enables organizations to automate and centralize risk and compliance programs. LogicGate’s highly configurable platform assists organizations in transforming mission-critical governance, risk, and compliance processes without the support of consultants or corporate IT by enhancing controls and increasing flexibility. Dashboard-style reporting within the platform allows risk and compliance teams to analyze and remediate issues immediately. The company has made the Global RegTech 100 list two years in a row and was recently named the #1 GRC Software on the G2 GRC Grid. For more information, visit LogicGate.com and follow LogicGate on Twitter at @LogicGate. Media Contact Katie Cessna BLASTmedia for LogicGate [email protected] 317-806-1900 x.142LogicGate Wins "Hot Company in GRC" Award in 8th Annual InfoSec Awards at #RSAC 2020
SAN FRANCISCO (PRWEB) FEBRUARY 24, 2020 – LogicGate is proud to announce we have won the "Hot Company in GRC" award from Cyber Defense Magazine (CDM), the industry’s leading electronic information security magazine. “We’re thrilled to receive one of the most prestigious and coveted cybersecurity awards in the world from Cyber Defense Magazine. We knew the competition would be tough and fierce. We couldn’t be more pleased to be recognized as Infosec Innovators and leaders in the industry,” said Matt Kunkel, CEO of LogicGate. “LogicGate embodies three major features the judges look for to become winners: understanding tomorrow’s threats today, providing a cost-effective solution, and innovating in unexpected ways that can help stop the next breach,” said Gary S. Miliefsky, Publisher of Cyber Defense Magazine. We’re thrilled to be a member of this coveted group of winners, located here: https://www.cyberdefenseawards.com/ Please join us at #RSAC RSA Conference 2020, https://www.rsaconference.com/usa today, as we share our red carpet experience and proudly display our trophy at Booth #3229. About LogicGate Headquartered in Chicago, LogicGate is an agile GRC software solution that enables organizations to automate and centralize risk and compliance programs. LogicGate’s highly configurable platform assists organizations in transforming mission-critical governance, risk, and compliance processes without the support of consultants or corporate IT by enhancing controls and increasing flexibility. Dashboard-style reporting within the platform allows risk and compliance teams to analyze and remediate issues immediately. The company has made the Global RegTech 100 list two years in a row and was recently named the #1 GRC Software on the G2 GRC Grid. For more information, visit LogicGate.com and follow LogicGate on Twitter at @LogicGate. About CDM InfoSec Awards This is Cyber Defense Magazine’s eighth year of honoring InfoSec innovators. Our submission requirements are for any startup, early stage, later stage or public companies in the INFORMATION SECURITY (INFOSEC) space who believe they have a unique and compelling value proposition for their product or service. Learn more at www.cyberdefenseawards.com About the Judging The judges are CISSP, FMDHS, CEH, certified security professionals who voted based on their independent review of the company submitted materials on the website of each submission including but not limited to data sheets, white papers, product literature and other market variables. CDM has a flexible philosophy to find more innovative players with new and unique technologies, than the one with the most customers or money in the bank. CDM is always asking “What’s Next?” so we are looking for Next Generation InfoSec Solutions. About Cyber Defense Magazine With over 5 Million monthly readers and growing, and over 17,000 pages of searchable online infosec content, Cyber Defense Magazine and our sister magazine being announced after the show is the premier source of IT Security information. We are managed and published by and for ethical, honest, passionate information security professionals. Our mission is to share cutting-edge knowledge, real-world stories and awards on the best ideas, products and services in the information technology industry. We deliver electronic magazines every month online for free, and special editions exclusively for the RSA Conferencs. CDM is a proud member of the Cyber Defense Media Group, a division of Ingersoll Lockwood. Learn more about us at https://www.cyberdefensemagazine.com and visit https://www.cyberdefensetv.com and https://www.cyberdefenseradio.com to see and hear some of the most informative interviews of many of these winning company executives. ### LogicGate Media Inquiries Katie Cessna BLASTmedia for LogicGate [email protected] 317-806-1900 x.142 CDM Media Inquiries: Contact: Mae Llemit, Director of Marketing Email: [email protected] Toll Free (USA): 1-833-844-9468 International: 1-646-586-9545 Website: www.cyberdefensemagazine.comLogicGate brings home the Gold Medal in the Risk Management category
CHICAGO, IL – February 20, 2020 – LogicGate is proud to be a Gold Medal winner in the 2020 Cybersecurity Excellence Awards in the category "Risk Management." The 2020 Cybersecurity Excellence Awards honor individuals, products, and companies that demonstrate excellence, innovation, and leadership in information security. Winners are named based on the strength of their nomination and the popular vote by members of the Information Security Community. Awards for the 2020 awards program were handed out in a wide array of categories, including Access Control, Advanced Persistent Threat Protection, and Security Monitoring. Both Gold and Silver Medals were awarded in each category. LogicGate CEO Matt Kunkel said, “It's a great honor for LogicGate to be named among a lineup of great and deserving companies who are doing amazing things in the world of Information Security. We extend our congratulations to the rest of the winners." The awards are produced by Cybersecurity Insiders in partnership with the Information Security Community on LinkedIn, tapping into the vast experience of over 400,000 cybersecurity professionals to honor the world’s best cybersecurity products, professionals, and organizations. Contact Details LogicGate Kelsey Koralewski BLASTmedia for LogicGate [email protected] —— About LogicGate Headquartered in Chicago, LogicGate is an agile GRC software solution that enables organizations to automate and centralize risk and compliance programs. LogicGate’s highly configurable platform assists organizations in transforming mission critical governance, risk, and compliance processes without the support of consultants or corporate IT by enhancing controls and increasing flexibility. Dashboard-style reporting within the platform allows risk and compliance teams to analyze and remediate issues immediately. LogicGate has been named to the Global RegTech 100 list two years in a row. For more information, visit LogicGate.com and follow LogicGate on Twitter at @LogicGateApp.CFO Thought Leader Podcast — Listen in as LogicGate CFO Kevin Jacobson offers his thoughts on striking the balance…
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Annual list names LogicGate a top employer in the Chicago tech scene.
For Immediate Release: Chicago, IL, January 13, 2020 — LogicGate today announced it was included on Built In Chicago’s list of Best Small Companies to Work For in 2020. Companies are selected based on data submitted by companies and their employees. "We’re thrilled to be named to Built In Chicago’s 2020 Best Places to Work list," says Matt Kunkel, CEO of LogicGate. "I’m incredibly proud of the culture we’ve built here—one that encourages our employees to collaborate and bring their best selves to work every day. The LogicGate team continues to raise the bar for our customers, themselves, and each other." Maria Christopoulos Katris, CEO and Co-Founder of Built In, said: “We extend our heartfelt congratulations to our 2020 honorees. Built In aims to change lives by connecting talented tech professionals with jobs they were born to do. These companies have become part of that mission because they stand for more than just the work they’re doing. They stand for their people and purpose.” She added: “We also extend our gratitude. These companies exemplify what it means to be an employer of choice for today’s purpose-driven tech workforce. Writing about them inspires us daily and, in terms of our offering, gives us total confidence that the professionals who visit our websites will find work that gives them a strong sense of professional and personal meaning.” ABOUT LOGICGATE LogicGate is a leading provider of cloud-based governance, risk, and compliance (GRC) solutions for automating enterprise risk management processes. LogicGate empowers customers to shift GRC strategies from reactive to proactive, enabling them to build risk management programs tailored to their business needs. Its proprietary Risk CloudTM platform, an end-to-end suite of risk management solutions, blends the right mix of flexibility and out-of-the-box functionality for organizations to manage their risk with confidence. Companies rely on LogicGate to accurately predict the path of risk and, when needed, rapidly pivot GRC systems and processes without the support of consultants or corporate IT. The Chicago-based company has been named a leading GRC Software Platform on the G2 GRC Grid for five consecutive quarters, and was awarded Best Security Innovation in a SaaS Product by the SaaS Awards. For more information, visit LogicGate.com and follow LogicGate on LinkedIn and Twitter at @LogicGate. ABOUT BUILT IN Working in tech is a way of life. Built In helps people live it with purpose. Across the most vibrant tech hubs in the US, Built In helps tech professionals stay on top of tech news and trends, expand their networks and carve out futures at companies they believe in. Built In attracts a niche audience of 1 million tech professionals every month and, in 2019, the company hit a milestone, serving 1,100 companies annually. Built In recently launched BuiltIn.com, a national hub for tech trend coverage and resources to help professionals grow in their careers. National Site: BuiltIn.com Local Sites: BuiltInChicago.com | BuiltInLA.com | BuiltInColorado.com | BuiltInAustin.com | BuiltInNYC.com | BuiltInBoston.com | BuiltInSeattle.com | BuiltInSF.com BEST PLACES TO WORK: METHODOLOGY Built In’s list rates companies algorithmically based on compensation data and employer benefits. Rank is determined by combining a company’s score in each of these categories.LogicGate, an agile process automation platform for governance, risk management, and compliance, is happy to announce it was…
LogicGate, an agile process automation platform for governance, risk management, and compliance, is happy to announce it was again named the #1 GRC Solution on the G2 Grid. Winter 2020 marks the fourth consecutive quarter that LogicGate has taken the top prize. One of just a few GRC Solutions to be designated a market “Leader,” LogicGate’s strong overall performance was bolstered by high scores across all categories. The company earned top marks in categories such as Quality of Support (98% satisfaction rating), Ease of Use (90%), and Ease of Doing Business With (98%), as well as the following reviews: 96% of users rated LogicGate 4 or 5 stars 97% of users believe our product is headed in the right direction 91% of users said they would recommend LogicGate G2.com is a peer-to-peer business solutions review website. Within the GRC Platforms category, products are ranked by customer satisfaction and market presence and placed into one of four categories on the Grid. Products in the Leader quadrant are rated highly by G2 users and have substantial Market Presence scores. The GRC Platform with Momentum Winter 2020 also saw LogicGate make its debut on the G2 Momentum Grid. LogicGate earned a Momentum score of 92%—the highest on the Grid and well above the Grid average of 53%. LogicGate outpaced the competition in other categories as well: 100% Review Growth (vs. 60% average) 91% Employee Growth (vs. 38% average) 93% Social Growth (vs. 42% average) 86% Web Growth (vs. 48% average) Momentum scores take social, web, employee, and review data into account and compare these metrics against past scores to assess the company’s direction. To appear on the Momentum Grid, products must have received a minimum of 10 reviews and accumulated a year’s worth of review data. Only products in the top 25% are considered Momentum Leaders. "While recognition of any kind is always appreciated, earning the top spot on G2's Momentum Grid is especially gratifying because it shows how determined our employees are to always be raising the bar," says Matt Kunkel, CEO of LogicGate. "Growth, learning, and the continued success of our customers are things we value highly here, and it's fantastic to see that reflected in our Momentum Score." About G2 G2, the world's leading business solution review platform, leverages more than 680,000 user reviews to drive better purchasing decisions. Business professionals, buyers, investors, and analysts use the site to compare and select the best software and services based on peer reviews and synthesized social data. Every month, more than one million people visit G2's site to gain unique insights. Co-founded by the founder and former executives of SaaS leaders like BigMachines (acquired by Oracle) and SteelBrick (acquired by Salesforce) and backed by more than $100 million in capital, G2 aims to bring authenticity and transparency to the business marketplace. For more information, go to G2.com. Download the GRC Grid Reports here.Initial investors double down on governance, risk and compliance software, increase investment to scale product, engineering and customer…
CHICAGO – Dec. 17, 2019 – LogicGate, an agile process automation platform enabling organizations to operationalize governance, risk, and compliance (GRC) programs, today announces $24.75 million in new funding. The round includes a combination of equity and venture debt co-led by Jump Capital and High Alpha Capital, with participation from Greenspring Associates and Silicon Valley Bank. This raise brings the total investment in the Chicago Techstars alum to $34 million. “This funding round is a testament to the continued belief of our investors in the future of LogicGate and what we’re building,” said Matt Kunkel, LogicGate’s CEO. “Combined with Emily Heath’s addition to the board, the investment underscores the fact that the market is ready for a flexible GRC solution that helps risk, compliance and security professionals make strategic, informed choices every day.” LogicGate will use the funds to continue empowering risk and compliance professionals to drive business value with its flexible, easy to use platform. Taking customer feedback into consideration, LogicGate will aggressively invest in initiatives to solve complex risk management challenges more holistically, including investments in content, frameworks, data partnerships and additional integrations “The risk and compliance software market is reaching new heights,” said Emily Heath, LogicGate board member, and Chief Trust and Security Officer at DocuSign. “As risk mitigation strategies trend from reactive to proactive, organizations are looking for the right technology to support a single source of truth across all departments. LogicGate is poised to break through the market as an agile GRC platform that does just that.” Traditionally, risk management has been siloed within departments and managed with spreadsheets and emails, leading to disparate data and an unclear picture of risk across an organization. With LogicGate’s agile approach to GRC, all risk data is housed in a central repository, providing a singular source of truth from which to visualize, customize and automate risk and compliance processes. The no-code platform gives companies the flexibility to scale risk and compliance programs when necessary. “GRC has been stuck in the back office for too long. The next stage of GRC technology demands a flexible approach, where organizations can see real business value and impact across all departments,” said Jump Capital Managing Partner and Co-Founder, Michael McMahon. “That’s why at Jump, we’re doubling down with our investment in LogicGate. As a forward-thinking, agile GRC platform, the potential for its veteran leadership and innovative engineering teams is exponential.” LogicGate launched in 2015, announcing a $1.9 million seed round in December 2016 and a $7.5 million Series A in July 2018. In November 2019, the company announced the addition of 170 jobs by 2021. For more information on enterprise risk management visit www.logicgate.com. ### About LogicGate LogicGate is a leading provider of cloud-based governance, risk, and compliance (GRC) solutions for automating enterprise risk management processes. LogicGate empowers customers to shift GRC strategies from reactive to proactive, enabling them to build risk management programs tailored to their business needs. Its proprietary Risk CloudTM platform, an end-to-end suite of risk management solutions, blends the right mix of flexibility and out-of-the-box functionality for organizations to manage their risk with confidence. Companies rely on LogicGate to accurately predict the path of risk and, when needed, rapidly pivot GRC systems and processes without the support of consultants or corporate IT. The Chicago-based company has been named a leading GRC Software Platform on the G2 GRC Grid for five consecutive quarters, and was awarded Best Security Innovation in a SaaS Product by the SaaS Awards. For more information, visit LogicGate.com and follow LogicGate on LinkedIn and Twitter at @LogicGate. About Jump Capital Jump Capital is a venture capital firm specializing in expansion and growth stage investments ranging from $2-$20mm. Jump invests in data-driven enterprise software companies across a breadth of industries. With offices in Chicago and New York, Jump provides advocacy and support through a platform of institutional-level resources for entrepreneurs. Learn more at www.jumpcap.com or follow on twitter @jumpcapital. About High Alpha Capital High Alpha is a leading venture studio focused on building next-generation enterprise cloud companies through a new model for entrepreneurship that unites company building and venture capital. The High Alpha team partners with entrepreneurs, investors and large corporations to conceive, launch and scale new software companies. For more information: highalpha.com or on Twitter at @highalpha. Media Contact Katie Cessna BLASTmedia for LogicGate [email protected] 317-806-1900 x.142“The 2020 State of ERM: A View from the Top” report from LogicGate identifies impending risks and ERM…
CHICAGO - Dec. 10, 2019 - LogicGate, an agile process automation platform enabling organizations to operationalize governance, risk, and compliance programs, announced today the results of its “The 2020 State of ERM: A View from the Top” report. The report, which discusses the results of a survey of 100 CEOs across industries on their understanding of enterprise risk management (ERM) and their current ERM programs, found more than half of CEOs think their ERM program is not as effective as it should be. With companies experiencing an increase in risks and data breaches, it’s no surprise the report uncovered that 88% of CEOs think ERM is very or extremely important. However, while most companies have an ERM program in place, there’s little agreement as to what a successful program really looks like in practice, beyond the baseline features. Fortunately, CEOs are beginning to understand the need for their involvement in their company’s ERM program with 66% wanting more involvement. “It’s not a matter of if your company will face risk, it’s a matter of when, and which risks. Every business faces risks, and without a strategy in place, you are setting your company up for failure,” said Matt Kunkel, CEO, LogicGate. “For CEOs to become more involved with ERM, they must integrate ERM in their business decision-making process and create a culture of risk. The responsibility of ERM does not fall only on the IT or compliance departments, it involves every employee and every department.” The CEOs surveyed echo this sentiment, asserting a clear desire for increased visibility into risks and a quantifiable methodology for tracking and evaluating them. Several CEOs lamented the “labor-intensive” process in their organizations and voiced a need for a “better understanding of what it’s costing us to mitigate risk.” They also recognize a need for “regimented” and “streamlined” methods of factoring risk into their overall business strategies. Looking ahead to the rest of 2019 and 2020, CEOs are most concerned with risks in three categories: Strategic, Operational, and Macroeconomic risks. 1 in 3 CEOs see Strategic Risk as the “Biggest Potential Risk Concern.” Among Strategic Risks, risk arising from key business partners is most frequently ranked first. 1 in 3 CEOs are most concerned about Operational Risk. In this category, cybersecurity is the top concern due to the increase in cyber threats. Finally, of the CEOs most worried about macroeconomic trends, 1 in 4 are most worried about the threat of a recession. Global political instability was close behind. Other key takeaways from the report include: CEOs at smaller firms are significantly less satisfied with their ERM programs, with 1 in 3 finding them not very or not at all effective. CEOs are the least satisfied with the ongoing monitoring of ERM, particularly firms with <$250M in terms of having risk KRIs tracked by a central team. About 3 in 4 CEOs rate their risk identification favorably, although fewer CEOs in the core industries of financial services, healthcare, and technology, media, and telecom report cross-functional team involvement. Information security leads ERM for 3 out of 10 CEOs, followed by finance, risk, and the board of directors. Most CEOs meet with their ERM leader at least weekly, or daily in larger firms. Data for this study was gathered by LogicGate through an online survey obtaining quantitative and qualitative responses. Survey respondents were screened for the type of business, annual revenue, and employee size. For more information on enterprise risk management, and to view the full results of the study, download the full report or visit www.logicgate.com. ### About LogicGate Headquartered in Chicago, LogicGate is an agile GRC software solution that enables organizations to automate and centralize risk and compliance programs. LogicGate’s highly configurable platform assists organizations in transforming mission-critical governance, risk, and compliance processes without the support of consultants or corporate IT by enhancing controls and increasing flexibility. Dashboard-style reporting within the platform allows risk and compliance teams to analyze and remediate issues immediately. The company has made the Global RegTech 100 list two years in a row, and was recently named the #1 GRC Software on the G2 GRC Grid. For more information, visit LogicGate.com and follow LogicGate on Twitter at @LogicGate. Media Contact Katie Cessna BLASTmedia for LogicGate [email protected] 317-806-1900 x.142Finance Monthly — For CFOs, it can be difficult to determine how much money to dedicate to risk management.…
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CodeDay inspires youth interest in coding and computer science, particularly among students from backgrounds underrepresented in STEM careers.
On November 9 and 10, LogicGate hosted 70 students for an overnight hackathon as part of SRND CodeDay 2019. LogicGate employees welcomed the young coders into their corporate home and served as volunteer mentors and judges. SRND, short for Student Research and Development, hosts CodeDay to inspire youth interest in coding and computer science, particularly among students from backgrounds underrepresented in STEM careers. Each event encourages creativity, teamwork, and fun as small groups of young people ages 12–25 solve coding challenges over the course of 24 hours. Participants include both novices and experts, and SRND reports that 80% of beginners continue to pursue computer programming after the event. Students pitched ideas for apps or games they want to build, then spent the next 24 hours bringing their ideas to life. At the start of the event on Saturday morning, novices attended a beginner workshop before diving into their projects, while intermediate and advanced-level participants got to work right away. Mentor Duties All groups were paired with a dedicated LogicGate mentor who provided project feedback and guidance—as well as the occasional nudge to get groups thinking creatively. Mentors challenged groups to use a specific programming language or technology during a dedicated lab period. For example, if a team wants to make a game with Unity, mentors might introduce a python framework instead. This portion of the event encouraged participants to learn a new technology or try out a novel approach, though each group is free to use whatever tools it likes once the lab period is over. "The level of maturity demonstrated in many of the projects for this competition was impressive,” said Mark Lello, Software Engineer at LogicGate. “Seeing young people come together to ideate, design, and develop solutions which help impact society for better social good and awareness was something I was proud to see from Chicago's young tech community." On top of group leadership duties, LogicGate’s employees ran workshops and offered skills coaching to help the students to round out their skill sets. In the Networking session, some of the older students learned about STEM career paths and professional etiquette. In the Project Management session, LogicGate mentors taught students how to set goals and achieve milestones. The Winners Are… At the conclusion of the event on Sunday, students shook off sleepiness and presented their final projects. LogicGate judges met each of the teams, tried out their projects, and ultimately declared a winner. The “Best in Show” top prize was awarded to a group whose app automatically splits large files, and “Best Game” went to a group who coded a game to work on a scientific calculator. Other notable entrants included a message encryption service, a chat bot to help kids at risk of depression, and a social experiment designed to warn of the dangers of giving up passwords. All participants came away from the event knowing something they didn’t know before. Including the mentors. “I am learning a lot from these students,” said LogicGate Director of Customer Success Szuyin Leow. “I am not an expert in gaming or coding, so it’s exciting to ask questions and gain as much knowledge from them as I hope I’m providing.”To see examples of past projects, visit the project showcase at showcase.srnd.org. For more about CodeDays, visit https://www.srnd.org/.Inc.com — LogicGate Chief Revenue Officer Karry Kleeman talks about how he starts a rock band at every company…
World Business Chicago — Chicago Tech Day celebrates industry growth in Chicago’s diverse tech and innovation ecosystem.
On November 18th, Chicago's mayor, Lori Lightfoot, and World Business Chicago hosted the third annual Chicago Tech Day featuring 15 local technology companies that have added or will be adding over 2,000 jobs through 2020, including LogicGate.Chicago Business Journal — We recently named Gina Hortatsos as Chief Marketing Officer and added Emily Heath to our…
GRC process automation software company welcomes veteran marketer Gina Hortatsos and new board member Emily Heath
CHICAGO – October 15, 2019 – LogicGate, an agile process automation platform enabling organizations to operationalize governance, risk, and compliance programs, announces the addition of two new leaders to its team. Gina Hortatsos joins the company as Chief Marketing Officer while Emily Heath, most recently United Airlines’ Chief Information Security Officer, has been named to the board of directors. Both additions will bolster LogicGate’s position as a marketing-leading GRC solution. As CMO, Hortatsos will be responsible for demand creation, corporate communications and branding, product marketing, and customer marketing. An experienced revenue marketing leader, she comes to LogicGate after serving as Vice President of Marketing at FourKites, Inc., the leader in predictive supply chain visibility, where she scaled and optimized the marketing function. Prior to FourKites, Inc., Hortatsos led the global marketing, operations, and strategy teams at Hyland, a leading content services technology provider. She has also held senior marketing leadership positions at SAP, where she led demand creation programs for the company’s Business Analytics and GRC businesses, Oracle, and Hyperion. “Now more than ever, companies need solutions that keep them in compliance with regulations and protect against the myriad risks and threats they face every day,” Hortatsos says. “LogicGate is a game-changer for our customers, and I am excited by the tremendous opportunity to help more companies achieve their objectives.” In addition to the hiring of Hortatsos, LogicGate also appointed security veteran Emily Heath to the board of directors. In her roles as Security Chief for major global organizations like United Airlines and AECOM, Emily has been responsible for the strategic direction and execution of security programs and initiatives across large and complex global footprints. As a board member of the Security Advisor Alliance and National Technology Security Coalition, Heath’s experience will bring new insights and fresh perspectives to LogicGate’s board of directors. "I couldn't be more excited to join the LogicGate board and help shape the vision for the company's future,” Heath says. “As someone who has been immersed in the security space, I know the market is overdue for flexible software that can help companies stay ahead of the expanding volume and types of security risks. LogicGate is poised to be that missing piece." “Both Gina and Emily are critical hires that will help LogicGate continue to deliver on our mission of empowering risk, compliance, and security professionals with easy-to-use, flexible enterprise software,” says Matt Kunkel, LogicGate’s CEO and co-founder. “Gina's experience in leading innovative, high-performing Marketing teams, coupled with her track record of delivering real results for brand awareness and demand, make her the perfect addition to the LogicGate leadership team. Her leadership will be instrumental in establishing LogicGate as the partner of choice for companies in solving their GRC issues. Meanwhile, Emily’s experience leading security programs at Fortune 100 companies provides us unprecedented insight into the daily challenges of risk, compliance, and security professionals. Having this type of knowledge on our team will help us continue to build a product that solves an organization's most pressing GRC hurdles.” This news follows the announcement of the company’s new Dashboard Reports product at the 2019 RSA Conference. Read LogicGate reviews on G2 and learn more about LogicGate’s agile GRC solution by visiting the LogicGate website. View the original press release on BusinessWire. ### About LogicGate Headquartered in Chicago, LogicGate is an agile GRC software solution that enables organizations to automate and centralize risk and compliance programs. LogicGate’s highly configurable platform assists organizations in transforming mission-critical governance, risk, and compliance processes without the support of consultants or corporate IT by enhancing controls and increasing flexibility. Dashboard-style reporting within the platform allows risk and compliance teams to analyze and remediate issues immediately. The company has made the Global RegTech 100 list two years in a row, and was recently named the #1 GRC Software on the G2 GRC Grid. For more information, visit LogicGate.com and follow LogicGate on Twitter at @LogicGate.LogicGate named to Leaders quadrant on the G2 Fall Grid for GRC Solutions, cementing its status as the…
LogicGate, an agile process automation platform for governance, risk, and compliance, is thrilled to announce its designation as a Leader in the GRC Platforms Software category on G2.com’s Fall 2019 Grid Report. The recognition further cements LogicGate’s status as the #1 GRC solution quarter after quarter. Download the report. G2.com is a widely respected peer-to-peer business solutions review website. Within the GRC Platforms category, products are ranked by customer satisfaction and market presence and placed into one of four categories on the Grid. Products in the Leader quadrant are rated highly by G2 users and have substantial Market Presence scores—an immense honor. “We couldn’t be happier with our status as a Leader on the Fall G2 report,” commented Matt Kunkel, LogicGate CEO and founder. “While the market validation is fantastic, the feedback we receive from G2 is even better. It helps us identify how we can keep improving the platform to provide an intuitive, scalable, and user-friendly experience.” Top Rated GRC Software on G2 Grid Report Software in the GRC platform category must meet basic capability requirements before being assessed through various criteria generated by at least ten verified user reviews. Based on these verified users’ experiences, LogicGate excels in the following areas: 100% of users rated LogicGate 4 or 5 stars 100% of users believe our product is headed in the right direction 99% of users were satisfied with the quality of support #1 in speed to value with a 8-month ROI—the fastest on the grid 93% of users said they would recommend LogicGate Download the full report. “We have a great deal of confidence in LogicGate's ability to meet our needs, both in terms of the application itself, but also in regard to supporting us and the platform in the future,” said one LogicGate user. “It's very well-suited to the size of our company, and the cost-point is hundreds of thousands of dollars below the other platforms. Bundle that together, and you've got a fantastic company asset.” This news follows the announcement of LogicGate being named "Best Security Innovation in a SaaS Product" in the 2019 SaaS Awards. About G2 G2, the world's leading business solution review platform, leverages more than 680,000 user reviews to drive better purchasing decisions. Business professionals, buyers, investors, and analysts use the site to compare and select the best software and services based on peer reviews and synthesized social data. Every month, more than one million people visit G2's site to gain unique insights. Co-founded by the founder and former executives of SaaS leaders like BigMachines (acquired by Oracle) and SteelBrick (acquired by Salesforce) and backed by more than $100 million in capital, G2 aims to bring authenticity and transparency to the business marketplace. For more information, go to G2.com. To download the full G2 Fall Grid Report for GRC Solutions, click here.SC Magazine — Third-party vendors are crucial to a company’s success, but they inherently create risk and require monitoring…
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Chicago's GRC Leader Giving Back to Area Youth
HIGHLAND PARK, IL (June 5, 2019) – LogicGate, a leading Governance, Risk, and Compliance (GRC) process automation platform, will continue its relationship with Beyond Sports Foundation, an organization that services underprivileged youth in Chicago through athletic training, academic tutoring, and professional skills development. As part of the relationship, LogicGate holds career-focused workshops with Beyond Sports student-athletes to educate them on opportunities they can pursue beyond sports after their playing careers are over. “It was great to see such a motivated group of high school athletes take time out of their weekend to learn about digital literacy and jobs in technology,” said Szuyin Leow, manager of customer success for LogicGate. “The students seemed to really enjoy the activity we did around conceptualizing a new mobile app, and it helped them understand how there are many skills beyond just coding that are critical in STEM careers. Ultimately, we wanted to help them understand that there are multiple different types of technology-related jobs in the sports industry and beyond, and that many of the experiences they've gained through sports can be applied in those careers.” Fewer than 2 percent of NCAA student-athletes go on to be professional athletes. As a young athlete, it is vital to prepare for a career that is not associated with playing professionally, and understand the best way to employ one’s strengths off the playing court or field. “Our student-athletes are incredibly talented in each of their respective sports,” says Alec Brown, executive director of Beyond Sports. “It’s our job to help them learn more about their identity outside of athletics, and equip them with the tools and experiences they need for lifelong success. LogicGate has played a vital role in achieving that.” In addition to career workshops, LogicGate provides student-athletes the opportunity to conduct mock interviews and empower themselves by enhancing their digital literacy. The organization also gives back to local nonprofits in the city of Chicago by providing skills, professional development, and career coaching. About LogicGate Headquartered in Chicago, LogicGate is a leading GRC process automation platform enabling organizations to centralize their governance, risk, and compliance programs. The agile and highly configurable self-service platform allows organizations to operationalize mission-critical risk and compliance activities without support from consultants or corporate IT. For more information, visit logicgate.com or follow us on Twitter at @LogicGate. About Beyond Sports Foundation Beyond Sports Foundation uses the power of sport to transform lives by turning athletic opportunity into life opportunity. As a pioneer among college access and success programs, Beyond Sports Foundation is one of a kind in offering support for student-athletes to strengthen their academic, life, and career skills while paralleling their athletic training in order to prepare them for college and beyond through our four pillars of engagement. These include academic development, athletic development, social responsibility, and professional development & mentorship. Beyond Sports Foundation believes that by investing in student-athletes within our communities we are creating the leaders of the future. ### Media Contact: Katherine Kanner KemperLesnik [email protected]BetaNews — With more at risk than ever before, organizations must ensure third-party partners behave appropriately.
Global Software Awards Program Announces LogicGate Among Final Winners
CHICAGO, IL – September 3, 2019 – LogicGate is a winner in the 2019 SaaS Awards Program in the category "Best Security Innovation in a SaaS Product." The Software-as-a-Service Awards celebrate excellence in cloud-based software solutions, accepting entries from across the world, including the US, Canada, Australasia, UK and EMEA. Categories for the 2019 awards program include Best Enterprise-Level SaaS Product, Best Data-Driven SaaS Product, and Best Security Innovation in a SaaS Product. New vertical-specific categories include Best SaaS for Catering and Hospitality. LogicGate CEO Matt Kunkel said: “It was a great honor for LogicGate to make the shortlist for "Best Security Innovation in a SaaS Product," but to win the category against such a high standard of competition demonstrates our clear dedication to talent, innovation, and success.” SaaS Awards and Cloud Awards organizer Larry Johnson said: “Another year, another shortlist giving our judges a Herculean challenge. “With so many potential winners for each category, we hope our choices showcase the thrilling diversity of today’s SaaS offerings—from established incumbents to disruptive start-ups, across the entire globe. Contact Details LogicGate Kelsey Koralewski BLASTmedia for LogicGate [email protected] For the SaaS Awards James Williams — head of marketing https://www.cloud-awards.com/software-as-a-service-awards/ [email protected] —— About the SaaS Awards The SaaS Awards is a sister program to the Cloud Awards, which was founded in 2011. The SaaS Awards focuses on recognizing excellence and innovation in software solutions. Categories range from Best Enterprise-Level SaaS Product to Best SaaS Innovation in the Internet of Things (IoT). About the Cloud Awards The Cloud Awards is an international program which has been recognizing and honoring industry leaders, innovators and organizational transformation in cloud computing since 2011. The awards are open to large, small, established and start-up organizations from across the entire globe, with an aim to find and celebrate the pioneers who will shape the future of the Cloud as we move into 2020 and beyond. Categories include the Software as a Service award, Most Promising Start-Up, and “Best in Mobile” Cloud Solution. Finalists are selected by a judging panel of international industry experts. For more information about the Cloud Awards and SaaS Awards, please visit https://www.cloud-awards.com/. About LogicGate Headquartered in Chicago, LogicGate is an agile GRC software solution that enables organizations to automate and centralize risk and compliance programs. LogicGate’s highly configurable platform assists organizations in transforming mission critical governance, risk, and compliance processes without the support of consultants or corporate IT by enhancing controls and increasing flexibility. Dashboard-style reporting within the platform allows risk and compliance teams to analyze and remediate issues immediately. LogicGate has been named to the Global RegTech 100 list two years in a row. For more information, visit LogicGate.com and follow LogicGate on Twitter at @LogicGateApp.Medical Product Outsourcing — Quest Diagnostics and LabCorp's recent security breaches stress the importance of taking third-party risk…
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Built In Chicago — LogicGate is named a "young company poised to do big things in 2019."
Business solutions review platform recognizes GRC process automation software for customer satisfaction
CHICAGO – April 17, 2019 – LogicGate, an agile process automation platform for governance, risk, and compliance, today announces its designation as the top performer in the GRC Platforms Software category on the G2 Spring 2019 Grid Report, a peer-to-peer business solutions review website. “It’s extremely validating to receive recognition from G2 users because we know how seriously they take their mission to provide honest, unbiased assessments of business solutions,” commented Matt Kunkel, LogicGate CEO and founder. “While we appreciate the overwhelmingly positive feedback from our customers, G2 helps us identify how we can keep improving the platform to provide an intuitive, scalable, and user-friendly experience.” Top Rated GRC Software on G2 Grid Report Software in the GRC platform category must meet basic capability requirements before being assessed through various criteria generated by at least ten verified user reviews. Based on these verified users’ experiences, LogicGate excels in the following areas: Quality of Support: 99 percent satisfaction (versus 91% category average) Ease of Doing Business With: 98 percent satisfaction (91% category average) 100 percent of users gave LogicGate a 4- or 5-star rating 100 percent of users believe LogicGate is headed in the right direction 91 percent of users would be likely to recommend LogicGate Net Promoter Score: 83 (highest among GRC Platforms with 12 or more reviews) “We have a great deal of confidence in LogicGate's ability to meet our needs, both in terms of the application itself, but also in regard to supporting us and the platform in the future,” said one LogicGate user. “It's very well-suited to the size of our company, and the cost-point is hundreds of thousands of dollars below the other platforms. Bundle that together, and you've got a fantastic company asset.” This news follows the announcement of the company’s new Dashboard Reports product at the 2019 RSA Conference. Read LogicGate reviews on G2 and learn more about LogicGate’s agile GRC solution by visiting the LogicGate website. ### About LogicGate Headquartered in Chicago, LogicGate is an agile GRC software solution that enables organizations to automate and centralize risk and compliance programs. LogicGate’s highly configurable platform assists organizations in transforming mission critical governance, risk, and compliance processes without the support of consultants or corporate IT by enhancing controls and increasing flexibility. Dashboard-style reporting within the platform allows risk and compliance teams to analyze and remediate issues immediately. LogicGate has been named to the Global RegTech 100 list two years in a row. For more information, visit LogicGate.com and follow LogicGate on Twitter at @LogicGateApp. About G2 G2, the world's leading business solution review platform, leverages more than 680,000 user reviews to drive better purchasing decisions. Business professionals, buyers, investors, and analysts use the site to compare and select the best software and services based on peer reviews and synthesized social data. Every month, more than one million people visit G2's site to gain unique insights. Co-founded by the founder and former executives of SaaS leaders like BigMachines (acquired by Oracle) and SteelBrick (acquired by Salesforce) and backed by more than $100 million in capital, G2 aims to bring authenticity and transparency to the business marketplace. For more information, go to G2.com. Media Contact Kelsey Koralewski BLASTmedia for LogicGate [email protected] 317-806-1900 x.123IT Toolbox — Rather than wait for when a data breach occurs, prepare your team by ensuring you have…
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Startup debuts new Dashboard Reports for comprehensive visual analysis of risk and compliance activities.
SAN FRANCISCO – March 4, 2019 – LogicGate, an agile process automation platform for governance, risk, and compliance, today announces attendance at the 2019 RSA Conference. At the show, LogicGate will show how businesses in regulated industries like healthcare and financial services can operationalize risk management practices. The company also plans to unveil its new Dashboard Reports product for current customers. Debuting for the first time, Dashboard Reports allow users to compile various visual analytics into a single location, offering a quick, comprehensive snapshot of the metrics that matter most to an organization’s risk and compliance program. This feature also allows clients to evaluate GRC programs on a consistent basis, enabling quick process changes as needed. “On the heels of GDPR, security and compliance are mandated top priorities for all enterprise organizations,” said CEO of LogicGate, Matt Kunkel. “And it’s not just obvious industries like finance and healthcare that are being scrutinized to ensure compliance. More than ever, all companies are tech companies, charged with protecting sensitive customer data and other intelligence. This is why the GRC space, previously vastly underserved, is ripe for disruption.” LogicGate’s agile GRC process automation platform, an alternative to historically inflexible legacy solutions, enables businesses to easily configure automated workflows to address critical risk issues including, but not limited to, enterprise risk management, information security risk, third-party risk management, GDPR compliance, and regulatory compliance. Its self-service platform allows employees with little to no knowledge of coding to configure business processes, eliminating an organization’s reliance on spreadsheets and emails. LogicGate is located in the South Hall section of the Moscone Center at RSA — booth #1968. This announcement follows the addition of both a CFO and CRO to the LogicGate team in January. For more information about LogicGate, visit LogicGate.com. About LogicGate Headquartered in Chicago, LogicGate is an agile GRC process automation platform that enables organizations to automate and centralize risk and compliance programs. LogicGate’s highly configurable platform assists organizations in transforming mission critical governance, risk, and compliance processes without the support of consultants or corporate IT by enhancing controls and increasing flexibility. Dashboard-style reporting within the platform allows risk and compliance teams to analyze and remediate issues immediately. LogicGate has been named to the Global RegTech 100 list two years in a row as well as one of 50 Startups to Watch by Built In Chicago in 2019. For more information, visit LogicGate.com and follow LogicGate on Twitter at @LogicGateApp.Healthcare Facilities Today — GRC solutions can help healthcare risk managers avoid errors, improve training, and introduce more accountability…
Digital Commerce 360
Chicago Inno
GRC process automation platform doubles revenue, adds experienced technology executives Kevin Jacobson and Karry Kleeman to C-Suite.
CHICAGO – January 8, 2019 – LogicGate, an agile process automation platform for governance, risk, and compliance, today announces significant company growth in 2018, new additions to the leadership team, and plans to hire in 2019. During Q4, LogicGate welcomed two new executives to its senior leadership team: Kevin Jacobson, as Chief Financial Officer, and Karry Kleeman, as Chief Revenue Officer. In his new role as CFO, Jacobson will guide LogicGate’s financial strategy and business operations. Prior to LogicGate, Jacobson was the CFO at Kapow, an industry-leading corporate events platform. Kapow was acquired by Cvent, the world’s leading corporate event software provider and a portfolio company of Vista Equity Partners, in June 2018. Prior to Kapow, Jacobson spent time in technology investing at Summit Partners and technology investment banking at William Blair. As CRO, Kleeman is tasked with driving top-line growth for the company by further developing and refining the sales strategy. Previously, Kleeman was the CRO at SpringCM, a global leader in Cloud Contract and Document Management Solutions. During his time at SpringCM, Kleeman helped guide the company to its acquisition by DocuSign in September 2018. “LogicGate is taking a path counter to many – it’s not ‘unicorn or bust’ for us. We are building a high-growth company in an important market that our customers, investors, and employees can all be proud of,” said Jacobson. “And with the team’s passion, drive, and dedication, in addition to outstanding investors like Jeff Weiner [LinkedIn CEO], we have what we need to execute on our vision of becoming the industry’s leading GRC platform.” In 2018, LogicGate more than doubled its team size and increased revenue by over 175 percent. The company also increased its customer roster by more than 150 percent. LogicGate’s dominance in the market is reinforced by its inclusion in the Forrester New WaveTM: GDPR And Privacy Management Software, Q4 2018. With aspirations to grow in 2019, the company is currently looking for more salespeople, engineers, and marketing staff to join the team. “Businesses are demanding consumer-grade solutions to solve their risk management problems,” said Kleemen. “Given current demand, the GRC space is an extremely active marketplace, making it an exciting time for LogicGate. Over the next year, I am committed to helping build the LogicGate team with the ultimate goal of becoming the world’s leading GRC platform.” This announcement follows LogicGate’s $7.5 million Series A round in July. For more information about LogicGate, visit LogicGate.com. Headquartered in Chicago, LogicGate is an agile GRC process automation platform that enables organizations to automate and centralize risk and compliance programs. LogicGate’s highly configurable platform assists organizations in transforming mission critical governance, risk, and compliance processes without the support of consultants or corporate IT by enhancing controls and increasing flexibility. Dashboard-style reporting within the platform allows risk and compliance teams to analyze and remediate issues immediately. LogicGate has been named to the Global RegTech 100 list two years in a row. For more information, visit LogicGate.com and follow LogicGate on Twitter at @LogicGateApp. Media Contact Kelsey Koralewski BLASTmedia for LogicGate [email protected] 317-806-1900 x.123PR Newswire
PR Web
Built In Chicago
Chicago’s tech star is burning bright. The industry is churning out plenty of new launches, attracting talent from across the country and keeping the scene funded with active local investors. For our annual top 50 startups to watch list, we looked at companies founded within the last five years that are poised to usher in a new era of innovation, creativity and success.Chicago Inno
CIO Review
Compliance Week
Listen as GRC experts discuss the practical steps you need to scale your vendor risk management program.
LogicGate’s Risk Cloud platform has been named a leader on the G2 Grid Winter 2022 report.