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.