Safe Security, a Palo Alto-based cyber risk management firm founded in 2012 by three Indians, raised $33 million funding round led by BT Group Plc, one of the UK’s largest telecommunications and network providers. Safe Security, with its Security Assessment Framework for Enterprises (SAFE) platform, allows organizations to check their defences and understand the likelihood of suffering a major cyberattack. The investment will allow BT to combine the SAFE platform with its managed security services to offer customers a real-time view of how safe the customers are. BT will also work collaboratively with Safe Security to develop products. Safe Security, founded by Saket Modi, Vidit Baxi and Rahul Tyagi, helps organizations measure and mitigate enterprise-wide cyber risk in real-time using its machine learning enabled application programming interface-first SAFE platform.

Source: Mint July 21, 2021 14:11 UTC