GISEC 2024 News

In today’s interconnected digital landscape, businesses must be constantly vigilant against a growing array of risks. Effective corporate risk management, especially in cybersecurity, is crucial to safeguarding a company’s financial health, reputation, and customer trust. In this dynamic environment, OPTIMAS emerges as a pioneering platform, offering the world’s first comprehensive framework for cyber risk quantification and resilience. In an interview with the Dubai Diaries, Aadesh Gawde, Chief Product Officer at OPTIMAS shared insights on how the company’s approach is shaping the future of digital risk management.

Introducing a BTER Framework

OPTIMAS is at the forefront of redefining corporate risk management by merging technology and business strategies, empowering organizations to thrive in today’s complex digital landscape.

OPTIMAS leverages its groundbreaking framework, Better Business Technology and Exposure Resilience (BTER), to quantify business risk in a way that addresses financial, customer, reputational, and legal factors. This unique framework is set to become open-source soon, ensuring that the larger business community benefits from its innovative insights. Using cognitive technologies like machine-based automation and AI, Optimus empowers businesses to assess and periodically review their exposure, making them resilient in the face of cyber threats.

Strategic Partnership with UiPath

OPTIMAS’s recent partnership with UiPath, a leader in intelligent automation, aims to enhance their orchestration capabilities. The two companies share a similar vision and have tightly coupled technology stacks, which makes them a perfect fit. Their collaboration offers clients a cutting-edge solution that combines OPTIMAS’s cyber risk quantification layer with UiPath’s orchestration engine. This union enables clients to manage business exposure seamlessly, from identifying risks to implementing remediation strategies.

Alignment and Benefits for Clients

The partnership with UiPath aligns perfectly with OPTIMAS’s goal of creating a safer digital world. This joint solution is particularly beneficial for tech-enabled organizations in critical sectors like telecom, banking, energy, and utilities. By combining the AI capabilities of both companies, the solution provides a comprehensive approach to cyber risk management that emphasizes innovation and research & development. The result is a powerful tool that helps clients navigate the intricate cybersecurity maze.

Raising Awareness of Cyber Risk Management

OPITMAS recognizes the importance of educating businesses about their innovative BTER framework. Though other frameworks exist, they often come with limitations that OPTIMAS aims to address. To promote a safer digital world, the company offers training, capability building, and transformation management as part of its comprehensive services. The goal is to equip businesses with the knowledge and tools needed to stay ahead of evolving threats.

A Business Problem, Not a Tech Issue

Ultimately, cybersecurity is a business problem, not just a technological one. The leadership at OPTIMAS urges board members and executives to adopt a business-integrated approach to cybersecurity. By understanding the strategic implications of digital risk management, businesses can transform vulnerabilities into opportunities for resilience and growth.