Singapore, May 24, 2022

AZ Asia-Pacific and Safe Security join forces to offer Cyber Risk Quantification & Management Solution across ASEAN

Safe Security, a leader in the “Cyber Risk Quantification & Management” (CRQM) space, announced that it has appointed AZ Asia-Pacific as its distribution partner across ASEAN.

With the aim of helping organizations assess, prioritize, and manage enterprise-wide cyber risk in real-time, SAFE uses its proprietary Machine Learning Enabled, API-First algorithm to predict the likelihood of a data breach occurring across the organization. SAFE collects and unifies signals across people, processes, and technology - first party and third party - to provide a consistent view of cyber risk, quantifies prioritized areas for improvement using data science algorithms co-developed with MIT for every employee, technology asset and third party and helps establish a common language for cyber risk communication with the Board.

“Cybersecurity is no longer a technical discussion, but a boardroom conversation. Businesses need to be able to have clear visibility of their weakest links across the organization and have the right data backed insights to be able to improve their risk posture over a period of time. With this partnership, we are confident to accelerate our go to market in the ASEAN region and provide customers the insights they need to make informed decisions on cybersecurity”, said Saket Modi, Co-founder & CEO, Safe Security.

What sets Safe Security apart is that it is a Next-Gen ‘cockpit’ with a holistic visibility of cybersecurity risk posture that integrates People, Process, Technology & Third-party risks.

Alexandra Jorissen, Senior Director, APJ said, “We are excited to kick-off this partnership. Cybersecurity is one of the top three priorities for businesses in the ASEAN region, and with AZ Asia Pacific’s expertise and reach in the region, we are confident to help businesses secure digital transformation. SAFE’s unique ability to predict breaches and provide potential financial impact due to a breach, can bring much needed uniformity in reporting and discussing cyber risk across businesses, regulators and customers.”

According to IDC findings, it reveals that 69% of CEOs in the region are now engaged in cybersecurity interactions in support of the ongoing importance of cybersecurity to the business. Even so, there are many infrastructural issues across people and processes being neglected which will continue to be problematic.

As a Distribution Services Hub, AZ Asia-Pacific is aware of the business growth potential and understands the need for a more strategic and holistic approach to addressing the myriad of threats and challenges, whilst moving to simplify the technology stack and its integrations for the market.

“The new partnership with Safe Security creates a positive outlook for the year as we are now able to offer Cyber Risk Quantification where businesses can evaluate the financial impact of any detected cyber threat in a more simplified and holistic way. Most importantly, it will enable us to meet the demand for a more proactive and predictive cybersecurity approach in the ASEAN market with confidence.” said Seth Ho, Regional Director of AZ Asia-Pacific.