IDRRA Named a “Cool Vendor” by Gartner for 2018

By AIT News Desk On Nov 6, 2018

Disrupting security and risk management with automation and AI

IDRRA, a cyber security start-up specializing in automated risk assessment and management, has been selected by Gartner as a Cool Vendor in a report titled “Cool vendors in security and risk management,securely scaling digital businesses” by Gartner analysts Khushbu Pratap and Neil MacDonald.

IDRRA is a scalable, AI-powered assessment platform that automates manual cybersecurity consulting practices. It enables enterprises to streamline their cybersecurity, data protection, and privacy compliance across their organization and their supply-chain while eliminating labor intensive costs.

In the report, Gartner identified several challenges in the IT security and risk management field, including that, “traditional approaches of IT and security risk management — focusing on point-in-time assessments, qualitative risk assessments and based on operational insights — are insufficient to provide assurance to CISOs, particularly those facing big data issues.” Specifically, within the area of vendor risk management (VRM), Gartner identified that, “third-party security due diligence is in a state of chaos, caused mostly by lengthy, subjective questionnaires. IT compliance professionals spend over 25% of their time assessing external controls, and they want a better approach.”

Why IDRRA is “Cool”?

Gartner selected IDRRA as a cool vendor because, “IDRRA has brought a modern solution to the security risk assessment market by incorporating consulting intellectual property into an algorithm and layering this algorithm into a chatbot. An automated security or vendor risk assessment is done based on the creative use of chat bots, NLP and security consulting intellectual property designed into the native algorithm.”

Kobi Freedman, CEO of IDRRA noted that, “We are changing the paradigm of security and risk management by offering standardization of approaches, methodologies, and frameworks through a low touch, scalable AI-powered platform.”

“It is a unique honor to be named ‘cool vendor’ by GARTNER,” said Freedman, “Our technology is being adopted by leading enterprises, large and small. These enterprises can scale their supply chain risk management and achieve a much better security and compliance posture. Through this we are creating a new way to address security challenges. ”