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Top 20 Hottest Cybersecurity Companies in 2015

Exceptional work doesn’t go unnoticed. I’ve always believed that but when it gets validated from your industry and you see your team’s hard work pay off, it’s an amazing feeling.

This week, Cavirin soared from being ranked at No. 87 last quarter to ranking No. 20 on Cybersecurity Ventures “500 Hot Cybersecurity Companies to Watch in 2015” list. This is an impressive climb up, as we are coming on the heels of a great growth momentum this past quarter, and a validation of what we know and believe in 100 percent: Cavirin’s Automated Risk Analysis Platform (ARAP) is a game-changer. A unique solution to help organizations implement a better, more effective security and compliance strategy, while gaining time and cost efficiencies internally.

In addition to the new list rankings, the new Cybersecurity Market Report, published quarterly by Cybersecurity Ventures is out and Cavirin is featured in the Governance, Risk & Compliance (GRC) section. Latest MicroMarketMonitor research shows that the global GRC market is expected to grow from $5.81 billion in 2014 to $11.50 billion by 2019, and Gartner ranks “Risk based security and self-protection” as a top 10 strategic trend for 2015. There is no doubt that compliance and risk management is top of mind for security and compliance execs and it’s a growing burden on their resources.

As organizations leverage third parties for growing their business, assessing the compliance/risk of those partners and providers on a continuous basis will be paramount.

Automation is key – it can save time and money, and reduce the number of staff dedicated to GRC. It is vital to have a single, automated solution with multiple vantage points to get an accurate view of the entire IT ecosystem, ultimately formulating a balanced scorecard for operational risk. Audits will continue to be a responsibility of all organizations. Automating as many facets of the IT auditing process saves real time and hard dollars. This is where ARAP really pays immediate dividends for organizations.

At Cavirin, this is our sole focus and thesis. We understand that organizations need a better, more efficient and effective way to maintain their compliance and be able to demonstrate it in an automated fashion. This is what ARAP does.

Congrats to our great team on this important milestone! We are excited about the momentum we have gained in just less than a year, and the strategic direction of our company. Here’s to many more successes going forward!

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