Cyber risk solutions company Resilience has announced the launch of Resilience Arc, a new cyber risk management platform built specifically for multi-entity organizations.
The new platform continuously monitors and quantifies cyber risk for multi-entity companies, private equity firms and other parent companies, linking aggregate risk insights directly to insurance decisions.
As organizations grow through mergers, acquisitions, and global expansion, cyber risk spreads throughout the enterprise and becomes increasingly difficult to measure.
Security teams are often required to manage inconsistent controls across business units, with little ability to calculate compound risks enterprise-wide.
Resilience explains that this dynamic creates an accountability gap, with the parent organization ultimately bearing the financial consequences of a security incident but lacking a clear understanding of where risks exist or how they are connected between entities.
Traditional assessment methods only widen this gap because they are often manual and limited to a single point in time.
Arc aims to close this gap by providing continuous, aggregated risk visibility across the entire enterprise ecosystem. It enables CISOs to make more informed decisions about risk mitigation and security investments by transforming complex security telemetry into clear, prioritized actions.
Leveraging Resilience’s proprietary risk model, based on insurance claims data and real-world threat intelligence, Arc enables organizations to determine where they are most likely to suffer financial losses and what actions can be taken to reduce the losses.
With Arc, multi-entity organizations can:
- Standardize risk management across all sub-entities.
- Quantify risk from a financial perspective to align safety, finance and leadership.
- Automated assessments reduce manual work by 80% annually.
- Prioritize key risks based on financial impact and insurance thresholds.
- Continuously monitor risks and facilitate transfers through the Risk Operations Center.
According to Resilience, organizations using Arc have achieved significant financial and operational benefits. Includes portfolio risk assessment cost reductions of up to $900,000 per year.
It also helps streamline broad reporting, reducing the time spent summarizing data for board reporting by 75%. Additionally, automated risk assessments per entity reduced manual time by an average of 80%, saving security teams more than 130 hours per entity assessment.
“Today’s approach to managing shared risk is ineffective and often limiting for companies looking to scale their business,” said Vishaal ‘V8’ Hariprasad, CEO and co-founder of Resilience. “Arc clearly shows how risk develops across the entire portfolio as a company scales and translates this into actionable insights. This enables CISOs, CFOs and other business leaders to prioritize mitigation efforts and make more informed decisions about where to focus resources.”
Arc is complemented by Resilience’s interconnected cyber insurance products, including features such as immediate coverage for newly acquired entities, transition services support and extended reporting periods.