SimSpacethe trade chief in military-grade cyber ranges, at present declares the industrial availability of its up to date tools SimSpace Cyber Pressure platformSM, increasing its footprint in a worthwhile world market over 200 billion {dollars}.
Throughout a time of unprecedented geopolitical threat, main organizations can now use the identical superior know-how as US nationwide cyber defenders and world intelligence businesses. SimSpace can compress three years of assaults into 24 hours to make sure the very best ranges of mission and defensive readiness.
Russia’s conflict in Ukraine fueled a rapprochement 50% enhance. in cyber assaults within the first half of 2022. Goldman Sachs predicts {that a} Russian assault on US infrastructure might price the economic system as much as 1 trillion {dollars}. Nationwide corporations want to fight readiness for his or her cyber groups and are utilizing SimSpace’s high-fidelity capabilities to enhance workforce and course of efficiency, consolidate instruments, and scale back prices.
The C-suite, board members, traders, shareholders, insurers, regulators, and audit committee members are confronted with the necessity for extra concise quantifications of the danger place. Navy-grade cyber ranges present solutions to those robust questions and assist corporations make $30 million selections about adjustments in key components of their cyber spending. SimSpace is dependable by the US authorities, crucial nationwide infrastructure, F2000 organizations and world intelligence businesses. By implementing the SimSpace Cyber Pressure platform, organizations have achieved a 30% discount in cyber operational prices and a 40% discount in breaches of their manufacturing environments.
“SimSpace works to repeatedly enhance the safety posture of organizations and governments around the globe,” mentioned William Hutchison, former chief of US Cyber Command and CEO of SimSpace. “Our Cyber Pressure platform has advanced from the necessities set forth by our US nationwide cyber defenders and is at present driving a 48 p.c discount in time to establish and remediate breaches, in addition to a 56 p.c enchancment in cyber groups’ retention for serving to corporations meet their monetary and regulatory targets. necessities. We assist executives, governments and safety groups construct world-class infrastructure and discover options to extremely complicated cybersecurity challenges. The US authorities trusts SimSpace to guard its operations and personnel by thwarting subtle risk actors.”
SimSpace strengthens govt management workforce
To maintain tempo with its fast development, SimSpace is strengthening its management workforce, naming James Gerber and Ross Brewer as CFO and EVP. With greater than 60 years of mixed cybersecurity expertise, the manager workforce is well-placed to drive development and help the corporate’s growth.
- James Gerber, CFO – Gerber will lead SimSpace’s enterprise and monetary operations to help world development. He brings over 30 years of expertise working with institutional traders, publicly traded corporations and capital markets. Previous to becoming a member of SimSpace, Gerber served as CFO for IronNet, Pension Profit Warranty Company and WorldStrides.
- Ross Brewer, EVP for EMEA and APJ – With expertise advising governments, nationwide crucial infrastructure organizations and public corporations in each nook of the world, Brewer will lead SimSpace’s worldwide gross sales and operations for EMEA and APJ. Ross beforehand served as VP of EMEA and APJ for AttackIQ and held senior gross sales roles at LogRhythm and Symantec.
SimSpace expands world operations
As a part of their worldwide growth efforts, SimSpace has added to their world footprint with places in LondonMaryland (USA), Prague, Munich, Dubai, Tokyo, Singapore and Sydney to broaden its world buyer base, gross sales and help operations.
