Axio

Axio provides a cyber risk management platform called Axio360 that enables organizations to make evidence-based decisions about cybersecurity investments and risk management. The platform functions as a decision-making engine that brings together cybersecurity assessments, cyber risk quantification (CRQ), risk transfer analysis, and cyber insurance evaluation. The company was launched in 2016 by the architect of the C2M2 model along with cybersecurity and insurance experts. Axio360 translates technical security risks into financial terms, allowing IT and security teams to communicate cyber risks to business leaders, CFOs, and CEOs in economic impact language. The platform consolidates data from disparate sources and enables different teams to contribute using a common framework. Axio serves cybersecurity and business leaders across multiple industries including manufacturing, energy, healthcare, financial services, and the public sector. The company has completed over 3,500 assessments using established frameworks and regulatory compliance standards. Their approach focuses on identifying and prioritizing the highest-impact cyber risks first to demonstrate fast time to value. The platform supports organizations in budgeting for cybersecurity, improving cyber resilience, and demonstrating duty of care. Axio is a member of the ISTARI Collective, a network of cyber companies focused on digital resilience. The company has been recognized as a 2020 Gartner Cool Vendor and was named in the 2021 Gartner Hype Cycle for IT Risk Management.