Onyxia, a leading cybersecurity management platform, offers a comprehensive solution that empowers Chief Information Security Officers (CISOs) to enhance their cybersecurity programs effectively. By providing predictive insights and intelligent data analysis, Onyxia enables CISOs to gain a holistic view of their cybersecurity program performance, achieve compliance, optimize security stack efficiency, and communicate the business impact of their security initiatives proactively.
The platform collects and analyzes data from the entire security ecosystem of an organization, offering continuous program assessment, benchmarking, and valuable insights into program performance. With the help of OnyxAI predictive insights, CISOs receive powerful suggestions for improving their security programs, such as resource reallocation or security product replacement. Additionally, Onyxia allows CISOs to run ‘What/If?’ scenarios, access relevant threat intelligence, and generate business-level reports.
According to recent cybercrime statistics, 85% of CISOs and security leaders spend a significant amount of time managing and reporting on their security programs manually, using spreadsheets or a team of analysts. With many organizations operating with more than 50 security solutions, CISOs face the challenge of managing each one individually, especially in the wake of new risk management regulations and evolving threats.
Sivan Tehila, the CEO and Founder of Onyxia, emphasized the need for security solutions that simplify operations for CISOs, who often rely on outdated methods like spreadsheets for managing security programs. The platform aims to address the growing responsibilities of CISOs by providing a sophisticated and efficient solution that leverages AI to deliver predictive insights and facilitate data-driven decisions.
Gartner has recognized Onyxia as a Sample Provider in the Cyber Defense Planning and Optimization (CDPO) category, highlighting its focus on reducing the attack surface and providing best-of-breed protection against major attack patterns. The platform competes with other players in the CDPO space like CardinalOps, Enveedo, and Posturity, offering a tailored approach to automate the measurement and management of cybersecurity programs.
Onyxia stands out from its competitors in three key areas: the utilization of AI to improve security programs, customization and personalization options for CISOs, and a dedicated Cybersecurity Management mobile app for real-time program visibility. The platform seamlessly integrates with existing cybersecurity tools and aligns with security frameworks to ensure organizational compliance.
As a Seed-stage company, Onyxia has received investments from WTV Ventures, Silvertech Ventures, and Angel Investors. The company’s 3-year product roadmap includes expanding its offering for Managed Security Service Providers (MSSPs) with a multi-tenant platform to help clients adhere to compliance frameworks effectively.
One successful implementation of Onyxia’s solution resulted in at least 160 hours of time saved per month for an analyst, allowing them to focus on risk management strategy instead of manual reporting. Another client, a publicly traded components manufacturer, saw significant improvements in centralizing their security program management, achieving compliance more easily, and streamlining board reporting.
Overall, Onyxia’s innovative approach to cybersecurity management, AI-powered insights, and personalized solutions position it as a valuable partner for CISOs looking to enhance their security programs efficiently and effectively. With a focus on automation, customization, and real-time visibility, Onyxia is poised to revolutionize the way organizations approach cybersecurity management in the digital age.