Caught in the SEC dilemma: what should CISOs put in their “honest” 10-K?

The new SEC cybersecurity disclosure date is here. US public companies must provide cybersecurity disclosures that comply with new SEC regulations in 10-Ks filings starting December 18, 2023. Smaller companies have another 6 months. For CISOs, this is the advent of truly worrisome territory. The backdrop of the new rules ... Read More

Webinar Highlights – Mastering the new SEC Regs

| | security posture
It was great to chat last week on the topic of the new SEC Rules with my good friend Ed Amoroso (President of TAG Cyber, Professor at NYU and the former CSO of AT&T). A link to the recording of our discussion is here: And if listening to videos is ... Read More

Announcing our partnership with Verizon Consulting Services

| | security posture
Today, we are excited to announce our new partnership with Verizon Cyber Security Consulting to deliver the next generation of AI-powered cyber risk management to organizations across the world. We will be working with Verizon Cyber Security Consulting primarily in the areas of cyber risk assessments, data aggregation for risk ... Read More

Materiality: Crux of the new SEC cyber regs?

| | security posture
On July 26, 2023, only a few weeks ago, 29,980 senior business leaders of the 5,996 public companies in the US got a new headache. If you are a CEO, CFO, CISO, CIO or General Counsel of a US public company, the SEC’s final rule S7-09-22 titled Cybersecurity Risk Management, ... Read More

Two Reasons Why CISOs Are Failing to Reduce Cyber Risk

On the eve of RSA, you are probably looking forward to a few days of presentations, meetings, lunches, dinners, connecting with friends and colleagues, old and new. At this moment, you might find it useful to take a step back – several steps back actually, and introspect on the big ... Read More
A crazy ’22… ready for “do more with less” 2023?

A crazy ’22… ready for “do more with less” 2023?

2022 was defined by change and crisis. The year started with glimmers of post-pandemic hope before the war and widespread inflation turned everything upside down.  Through this mess, Balbix had to maneuver and execute. Our list of 2022 accomplishments is long: new logos, revenue growth, multi-million-dollar contracts, a growing list ... Read More
UnFAIR Cyber Risk Quantification: Balbix vs. FAIR

UnFAIR Cyber Risk Quantification: Balbix vs. FAIR

One thing evident from discussions at RSA and Black Hat 2022 is that cyber risk quantification (aka CRQ) is #trending. To understand why, consider this context: the chaos in cybersecurity continues with more breaches, eye-popping ransomware payouts, bigger fines, new regulation and increasing scrutiny of cybersecurity spending. As you can ... Read More
Balbix brings Snow and Ice to Vegas @ BlackHat 2022

Balbix brings Snow and Ice to Vegas @ BlackHat 2022

Here we go again – it’s BlackHat time! As you head over to Las Vegas, you might be mulling over recent discussions you have had with your CFO after the Q2 board meeting.  First, the bucket of gloomy items in your head:  Your company is trimming spending by 25% across ... Read More
A Fireside Chat with John Chambers

A Fireside Chat with John Chambers

Recently, everyone at Balbix got a fantastic treat. John Chambers, globally renowned tech CEO and one of Balbix’s earliest investors, joined our team for a fireside chat. What started as a casual conversation, quickly turned into valuable leadership lessons and insights for the Balbix team to incorporate into our everyday ... Read More
Announcing Our Series C Funding and Balbix’s Next Chapter

Announcing Our Series C Funding and Balbix’s Next Chapter

Today’s official headline is that we have raised $70 million in our Series C funding round.   Of course, this is a major milestone for Balbix. Normally, I would be expected to list the stellar list of firms participating in this oversubscribed round, talk about hypergrowth in our ARR in 2021 ... Read More
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