November 11, 2024
Organizations today face a surge of vulnerabilities and exposures. With data on assets and exposures scattered across platforms, complexity hinders timely action. Security teams are left to manually sift through fragmented data to identify, prioritize, and mitigate the exposures that pose the highest risk to the organization.
But imagine if all vulnerabilities and exposures were visible in one place, prioritized intelligently, and automatically remediated. This isn’t just a dream; it’s a strategic imperative that will significantly enhance the return on investment (ROI) of your cybersecurity program.
Visibility, prioritization, and quantification – they all need to come together.
In this blog on our latest product release, we’ll share four key capabilities that will help you accelerate risk burndown.
Balbix’s unified visibility provides a single, dynamic dashboard that integrates and correlates data from a multitude of sources—ranging from EDR (Endpoint Detection and Response) and CMDBs (Configuration Management Databases) to patch management and cloud security tools—into a single, comprehensive view of your organization’s cyber risk landscape. This provides your team with one place for reporting, audit, compliance, secops, etc. By leveraging advanced techniques to aggregate deduplicate, normalize, and consolidate data, Balbix transforms your data from a chaotic sprawl of exposure points into a streamlined set of actionable insights.
Balbix has introduced a unified exposure risk scoring system that enables organizations to assess and prioritize risks within a single, risk-based framework. This includes both CVEs (known software vulnerabilities with assigned identifiers) and non-CVE exposures (such as misconfigurations, outdated software, control gaps, and other weaknesses), addressing a broader range of risks that adversaries might exploit.
Conventional prioritization relies heavily on Common Vulnerability Scoring System (CVSS) that classifies vulnerabilities based on severity alone without context, leading to a deluge of vulnerabilities labeled as “critical” or “high,” many of which pose little actual risk. Instead, Balbix uses risk-based prioritization, assessing severity and threat levels, exploitability, security controls, and business impact of all types of exposures. By analyzing each exposure’s unique risk context, Balbix identifies the top 3% that pose the greatest threat of financial or operational damage. Focusing on these critical issues can lead to a risk reduction of up to 90%, as resources are directed toward mitigating the most impactful exposures. IT workloads related to patching and mitigation can also be reduced by as much as 30-50%.
Knowing and prioritizing vulnerabilities and exposures is just the beginning; traditional remediation approaches are often slow, manual, and prone to delays, leaving organizations vulnerable to fast-moving attackers. Balbix accelerates mitigation by introducing intelligent automation across the entire remediation workflow, allowing exposures to be mitigated swiftly and effectively.
Balbix integrates seamlessly with existing ticketing systems, automating the generation and assignment of mitigation tasks based on customized rules. For example, teams can set up automated workflows that create high-priority tickets for critical exposures on external-facing assets, ensuring that mitigation begins instantly without manual intervention. This streamlined process significantly reduces the Mean Time To Remediate (MTTR), which is critical in today’s landscape, where attackers exploit newly disclosed exposures within days.
By organizing mitigation actions into agile sprints and tracking them through automated ticketing and reporting, Balbix ensures that mitigation is fast, highly coordinated across teams, and measurable. This approach drives effective risk reduction and helps your security teams maintain focus on strategic initiatives rather than getting bogged down in manual processes.
BIX, our new GenAI cyber assistant, enables you to get quicker role-based answers to your questions by engaging with the Balbix platform conversationally, just like you would with a trusted human advisor, enabling both operational and executive stakeholders to do their part in the cyber risk reduction process with BIX and remain in synch – no need for technical expertise to get things done. Accessible on mobile devices, BIX analyzes your enterprise data in real time, integrates external threat intelligence, and understands cybersecurity terminologies like CIS, TTPs, and CWEs.
Whether asking about your top unmitigated exposures or seeking insights into your highest-risk issues, BIX instantly provides succinct, actionable answers. This streamlines your workflow and saves valuable time, enabling you to focus on strategic initiatives rather than waiting for reports or sifting through data. With BIX, interacting with your cybersecurity environment becomes intuitive and efficient, empowering you to make informed decisions swiftly and take action.
Balbix transforms complexity into clarity, enabling decisive action against cyber threats. By unifying data, intelligently prioritizing risks, and automating mitigation, we help you maximize your cybersecurity ROI. It’s time to embrace solutions that enable proactive defenses. With Balbix, we’re not just keeping up with threats but enabling you to stay ahead of them.
Schedule a demo to see how Balbix can help you discover, prioritize, and mitigate exposures faster and allocate your exposure management personnel and resources more efficiently.