iSIGHT Partners received new investment from asset management firm Blackstone to launch the Cyber Risk Management System (iCRMS). The technology is set to be commercially released in the first quarter of next year.
The iCRMS is a novel approach to intelligence mapping by scouring and gathering cyber threat data. It can then forward a contextual analysis to the security division for each organization at breakneck speed. This will allow the organization to address the threat even before it blows over.
Jay Leek, chief information secretary of Blackstone, said investing in iSIGHT was an easy decision since they have worked with the company in the past in addressing cyber security threat within their organization.
"We believe their approach to providing intelligence led security will be the model for the future," he said.
iSIGHT doesn't just provide meaningless data but rather separate the real threats based on the intent, history, capability and motive behind any threat.
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