SAN
FRANCISCO, May 22, 2024 /PRNewswire/ -- BPM LLP,
one of the 35 largest public accounting and advisory firms in the
country, proudly announces a strategic alliance with Secure Systems
Innovation Corporation, the innovators behind X-Analytics, the
leading cyber risk management application that simplifies the
technical complexity of cybersecurity to enable successful business
outcomes. Leveraging the power of X-Analytics, BPM will help advise
boards of directors and executive leadership with data-driven
intelligence to make informed risk acceptance, mitigation and
transference decisions.
The partnership combines BPM's specialized knowledge of
financial operations, risk management and strategic consulting with
X-Analytics' advanced data analytics capabilities. By joining
forces, the two companies aim to arm organizations across
industries to make informed decisions about cyber strategies, drive
operational efficiency and achieve sustainable growth.
"In today's rapidly evolving business landscape, data-driven
decision-making is more crucial than ever," said Partner
Fred Rica of BPM's Risk Advisory
practice. "X-Analytics is the industry leading cyber risk
management application helping executive leaders and their board of
directors understand their company's exposure to cyber risk and
optimize their cybersecurity strategy. Our collaboration will help
our clients effectively manage business and financial exposure to
cyber risk and assist in developing a cyber security strategy that
delivers risk-reducing value to the business."
With BPM and X-Analytics coming together in this strategic
alliance they help organizations answer three key questions about
their cyber protection: What are we doing? Is it enough? How do
we know? Their combined solution provides organizations the
information they need to plan their next actions.
By integrating X-Analytics' technology into BPM's consulting
services, clients will be better able to understand their financial
exposure to various cyber events and develop cybersecurity
strategies most effective for reducing risk. This, in turn, will
help them make informed investment decisions and comply with
various regulatory obligations, including the latest SEC
cybersecurity disclosure rule.
"Simplifying the technical complexity of cybersecurity and
delivering clear risk reducing ROI and business value is the future
of effective cyber risk management," said John Frazzini, CEO of X-Analytics. "We look
forward to working with BPM and their clients to convert the highly
technical aspects of cybersecurity into business-friendly risk
reducing outcomes."
"BPM and X-Analytics share a common vision of providing
comprehensive solutions that set the standard for effective cyber
risk governance across the boardroom community and harness the
power of data to drive business success," added Managing Director
Ken Frantz of BPM's Risk Advisory
practice. "X-Analytics is recommended by the National Association
of Corporate Directors for ensuring cyber risk governance
excellence in the boardroom. We're excited to be partners in
providing more informed decision-making and better cyber protection
outcomes."
BPM offers businesses in all sectors a suite of Risk Advisory
services to combat, correct and disrupt cyberattacks. For more
information, please visit BPM Risk Advisory.
About BPM
BPM LLP is one of the 35 largest public accounting and advisory
firms in the United States.
Recognized as one of IPA's 100 Fastest-Growing Firms, BPM works
with clients in the consumer business, financial and professional
services, life science, nonprofit, real estate, technology, and
wine and agribusiness industries. As a Certified B Corp, BPM's
diverse perspectives, expansive industry knowledge and progressive
solutions come together to create exceptional experiences for
individuals and businesses around the world. To learn more, visit
our website.
About X-Analytics
Secure Systems Innovation Corporation (SSIC), the innovators
behind X-Analytics, are on a mission to deliver a cyber resilient
future. The X-Analytics platform is setting the standard and
transforming how executives, boards and the risk management
industry align cyber security strategy with successful business
outcomes. For more information, please
visit https://www.x-analytics.com.
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SOURCE BPM