On November 15, Boston, MA-based SimSpace announced the commercial availability of its upgraded SimSpace Cyber Force Platform, expanding its footprint into a global market worth over $200 billion.
During a period of unprecedented geopolitical risk, leading organizations can now use the same advanced technology as US national cyber defenders and global intelligence agencies. SimSpace can compress three years of attacks into 24 hours to ensure the highest levels of mission and defensive readiness.
The Russian war in Ukraine has fueled a near 50% increase in cyberattacks in the first half of 2022. Goldman Sachs predicts a Russian attack on US infrastructure could cost the economy up to $1 trillion. Businesses of national significance are seeking battle readiness for their cyber teams, and are using SimSpace’s high-fidelity range capabilities to improve team and process performance, consolidate tools, and reduce costs.
The C-suite, board members, investors, shareholders, insurers, regulators, and audit committee members are grappling with the need for more concise quantifications of risk posture. Military-grade cyber ranges provide answers to those hard questions, and help businesses make $30 million dollar decisions about changes in key parts of their cyber spending. SimSpace is trusted by the US Government, critical national infrastructure, F2000 organizations, and global intelligence agencies. By deploying the SimSpace Cyber Force Platform, organizations have achieved a 30% reduction in cyber operational costs and a 40% reduction in breaches in their production environments.
SimSpace works to continuously improve the security posture of organizations and governments worldwide, said William Hutchison, former US Cyber Command leader and CEO of SimSpace. “Our Cyber Force Platform evolved from the requirements established by our US national cyber defenders and today drives a 48% time reduction to identify and remediate breaches, as well as a 56% improvement in cyber team retention to help businesses meet their financial objectives and regulatory requirements. We help executives, governments and security teams build world-class infrastructure and find solutions to highly complex cybersecurity challenges. The US government trusts SimSpace to protect their operations and personnel, thwarting sophisticated threat actors.”
Source: SimSpace
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