BT has announced a multi-million pound investment in Safe Security, an industry-leading cyber risk management firm.
Headquartered in Silicon Valley, their SAFE (Security Assessment Framework for Enterprises) platform allows organisations to take a health check of their existing defences and understand their likelihood of suffering a major cyber attack.
The investment will allow BT to combine the SAFE platform with its world-leading managed security services to provide customers with a real time view of how safe they are against an incredibly fast-moving cyber threat landscape. SAFE is unique in calculating a financial cost to customers' risks and giving actionable insight on the steps that can be taken to address them. The platform ultimately enables organisations to surgically target gaps in their defences, and already protects multiple Fortune 500 companies and governments around the world.
As part of this investment, BT will be granted exclusive rights to use and sell SAFE to businesses and public sector bodies in the UK, and will incorporate the platform within its wider global portfolio. In recognition of its experience in providing security solutions to organisations across the world, BT will be designated as the recommended global partner for improving a customer's SAFE score. BT will also work collaboratively with Safe Security to develop future products.
Philip Jansen, Chief Executive of BT
Cyber security is now at the top of the agenda for businesses and governments, who need to be able to trust that they're protected against increasing levels of attack. Adding SAFE to BT's proactive, predictive security services will give customers an enhanced view of their threat level, and rapidly pinpoint specific actions needed to strengthen their defences.
Saket Modi, Co-founder and CEO of Safe Security
Their investment and strategic partnership with Safe Security will further accelerate our vision of making SAFE scores the industry standard for measuring and mitigating cyber risks.