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BT takes multi-million pound stake in cyber firm Safe Security
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Secret CSO: Vidit Baxi, Safe Security
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July 25, 2021 @ 10:16 pm By Omar Faridi
Safe Security, a Palo Alto-headquartered cyber risk management company established in 2012, recently acquired $33 million in capital via a round that was led by
BT Group Plc, which is notably one of the United Kingdom’s largest telecommunications and network service providers.
Safe Security, with its Security Assessment Framework for Enterprises (SAFE) platform, enables businesses or companies with monitoring their cybersecurity while gaining an understanding of the actual chances or probability of experiencing a serious cyberattack. The firm’s software determines the financial cost to clients’ risks and offers actionable insights on the measures they can take to avoid such attacks