Leading cyber risk management firm Resilience (see Pulse 2.0 profile here) announced it expanded its capabilities through the acquisition of BreachQuest, an innovative incident response technology solution. And this move is set against the backdrop of an evolving digital workspace and cloud-based productivity applications – which highlights the challenges of securing these environments during a time of escalating risks. This integration aims to bolster incident response mechanisms against Business Email Compromise (BEC) attacks, a rapidly growing concern within the digital domain.
As enterprises grapple with the increasing sophistication, complexity, and frequency of BEC attacks, it has become necessary to adopt more innovative risk management and mitigation strategies than traditional incident response.
The BreachQuest platform integrates into cloud office systems, providing an invaluable look back for incident forensics and helping speed incident response efforts, reduce containment time, and lower incident costs. And the addition of BreachQuest’s capabilities will also support Resilience’s world-class Claims Management team as they proactively address cyber incidents with greater efficacy.
KEY QUOTES:
“At its core, Resilience is built around using all forms of data to stay ahead of the bad guys. Cybercriminals are becoming smarter and faster in how they execute business email compromise, and with the addition of tools like generative AI being added to their arsenal, the threat is only growing. BreachQuest helps us address this and so much more. Their team and technology have been proven to reduce the financial impact of one of the largest areas of cyber risk facing our clients and I’m excited to welcome them to Resilience.”
– Vishaal “V8” Hariprasad, co-founder and CEO at Resilience
“Resilience shares our mission in helping improve a client’s cyber resilience and lowering the impact of costly cyber incidents. I’m incredibly proud of all the work our team has put in to support our clients in fighting back against new and evolving cyber threats. Now I’m excited to further scale our mission by integrating BreachQuest’s tech into Resilience’s cyber risk management software and their overall incident management solution.”
– Shaun Gordon, BreachQuest co-founder and CEO
“The synergy between BreachQuest’s cutting-edge platform and Resilience’s proactive approach to incident management offers our clients the speed, skill, and automation they need to reduce the financial impact of these costly threats.”
– Tim Riley, SVP of Business Development
