Find an answer to ‘Is it material?’

Find an answer to Is it material

Identifying materiality is the ‘heart’ of SEC’s cybersecurity rule.

To determine materiality, security teams spend weeks assessing the impact and implications of an incident on the business.

Consider an incident detected on a Linux server. The SOC team needs to know if this is a critical asset, its ownership, any known open vulnerabilities & misconfigurations, the blast radius of the asset, and security controls to determine materiality.

Balbix unifies all business, financial, security, and IT data to help you quickly answer & triage if an incident and its impact is ‘material.’

We will help you file an 8-K in 4 days

We will help you file an 8-K in 4 days

Often, data required to disclose incidents on an 8-K disclosure is siloed and needs to be manually collected and analyzed. Even a handful of such incidents can exhaust a team.

By consolidating all technical, financial, and business context about assets and quantifying the asset and application risk in dollars, Balbix can provide context to security teams that need to speed up disclosures.

Unpack risk management for 10-K reporting

Unpack risk management for 10-K reporting

Cyber risk management and reporting can feel overwhelming due to the sheer volume of assets, applications, and processes involved in a typical enterprise environment.

The task of tracking material assets and assessing their risk level is complex. Moreover, there needs to be a consensus on effective risk-reduction strategies.

To write a defendable 10-K, Balbix provides clear insights to your security teams about how you:

  • Manage and mitigate risk
  • Assess the monetary impact of a breach
  • Demonstrate compliance coverage
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