SAN JOSE, Calif., Oct. 11, 2018 (GLOBE NEWSWIRE) -- Balbix Inc., provider of the security industry’s first system built for avoiding breaches, has received four Golden Bridge Awards, including a Gold award in the Risk Management Solution Innovations category, a Silver award for Best Deployment in the U.S., a Bronze award in the Vulnerability Assessment and Remediation Innovations category for its BreachControl™ platform, and another Bronze Award for Startup of the Year.

The Silver award for Best Deployment in the U.S. (11-99 employees) was a result of Balbix’s work with Cavium, a leading provider of highly integrated semiconductor products, that selected Balbix BreachControl for predicting and preventing breach risk.

“Enterprises today are faced with a number of challenges when it comes to developing a security strategy that enables them to successfully avoid breaches,” said Mark Weiner, CMO of Balbix. “These award wins are proof that Balbix understands these challenges and is making real progress in helping customers become more proactive in their vulnerability and risk management approaches.”

With the Balbix BreachControl platform, enterprises can avoid the majority of potential breaches through:

• Predicting which assets are most likely to be exploited in their environment and proactively mitigating the issue
• Prioritizing security projects by business risk, enabled by AI-based logic
• Reporting on their progress, results and value with a comprehensive dashboard that provides the right information to stakeholders at all levels
• Spending less time identifying and assessing potential security vulnerabilities and more time improving their company’s security posture

The coveted annual Golden Bridge Awards program encompasses the world’s best in organizational performance, innovations, products and services, executives and management teams, and more from every major industry in the world. Organizations from all over the world are eligible to submit nominations including public and private, for-profit and non-profit, largest to smallest and new start-ups.

About Balbix

The Balbix breach avoidance platform, BreachControl™, is the industry’s first system to leverage specialized artificial intelligence (AI) to provide comprehensive and continuous predictive assessment of breach risk. Visualized via a searchable and clickable risk heat-map, it is designed for CISOs, CIOs and IT security teams. BreachControl can forecast critical breach scenarios and prioritize/recommend fixes by business risk, improving security operations, compliance and cyber-resilience. Learn more at www.balbix.com.

Press Contact:
Kim Diesel
10Fold for Balbix
balbix@10fold.com