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CybelAngel is honored to be once again recognized as a Sample Vendor in the Gartner® Hype Cycle™ for Cyber Risk Management, 2022

By CybelAngel Mon Aug 29, 2022

CybelAngel is honored to be once again recognized as a Sample Vendor for Digital Risk Protection Services (DRPS) in the Gartner® Hype Cycle for Cyber Risk Management, 2022

What You Need to Know

In 2022, the global risk landscape continues to be impacted by the ongoing COVID-19 pandemic conditions, the Russian invasion of Ukraine, labor shortage, worsening climate change and inflation. In particular, the increased inflation rate and labor market tightness mean that organizations must do more with fewer resources. Security and risk management (SRM) leaders must focus on balancing adequate protection and business growth during this time when supplier risk and new vulnerabilities continue to become more complex and frequent.

Understanding The Hype Cycle

This Hype Cycle for Cyber Risk Management describes the related concepts, methods, processes and technology solutions that organizations can use to develop programs to withstand risk events or seek risk-related opportunities. The lingering effects of COVID-19 as well as the ongoing Russian invasion of Ukraine have resulted in many operational and supply chain changes.

This Hype Cycle also demonstrates the need for organizations to renew their attention on the fundamentals of risk management, as well as on newly heightened risk areas and attack surfaces, linked to Internet of Things (IoT) adoptions, third-party suppliers and outsourced entities. In addition to continuous process automation, the technologies covered in this Hype Cycle provide the risk insights that are required to support successful digital business outcomes.

CybelAngel’s Expertise? Digital Risk Protection Services (DRPS)

Per Gartner,“Digital risk protection services (DRPS) are delivered via a combination of technology and services to protect critical digital assets and data from external threats, and enable attack surface reduction. These solutions provide visibility into the open (surface) web, social media, dark web and deep web sources to identify potential threats to critical assets and provide contextual information on threat actors, their tactics and processes for conducting malicious activities.”

“Why this is DRPS Important?

During the past few years, attacks (e.g., credential theft) have become more complex, voluminous and targeted, and they are continuously disrupting business operations for organizations worldwide. The relevance of digital risk is not limited to security operations, but also other business functions, such as marketing, legal and fraud. Furthermore, DRPS is a highly outsourced function because the need is often driven by the fact that many organizations do not have the necessary in-house skills.

How Great is the Business Impact of DRPS?

DRPS proactively identifies exposed digital assets at risk, collects and performs analysis of mapped data with prioritization of risks, and offers alerting and reporting capabilities providing actionable intelligence. Furthermore, it enhances business resilience, using people, process and technology (e.g., taking down an active threat and remediating on misconfigured environments) and improves security posture, which can prevent future threats and business operational impact.”

Click here to download the full Gartner® Hype Cycle for Cyber Risk Management, 2022

Click here to contact a CybelAngel expert about Digital Risk Protection Solutions.

Gartner, Hype Cycle for Cyber Risk Management, 2022, Jie ZhangDeepti Gopal,27th July 2022
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