Artificial intelligence-based cyber risk management company SAFE Securities Inc. today announced that it has acquired cybersecurity posture firm Balbix Inc. for an undisclosed sum.

Founded in 2015, Balbix specializes in artificial intelligence-native cyber risk and exposure management that helps enterprises gain continuous visibility into their attack surface, including cloud, on-premises and third-party assets.

Balbix’s automated exposure-management platform discovers assets, inventories systems, detects vulnerabilities and misconfigurations and assesses threat and control efficacy in real time. The platform categorizes its findings based on risk-based prioritization that doesn’t treat every finding equally but instead links technical security issues to business context, identifying which assets are most critical, which exposures are most likely to be exploited and which remedial actions will yield the highest impact.

Cyber risks are quantified, with the platform translating exposure and vulnerability data into business-impact metrics such as potential financial losses or operational disruption. That allows security leaders to articulate the seriousness of a given issue with executives, allocate resources based on quantified risk, and shift focus from compliance tick-boxes to strategic risk reduction.

Balbix also supports remediation and continuous risk-management workflows, with integration into ticketing and workflow systems to alert teams when a risk has increased or hasn’t been addressed. The platform helps track reduction of exposure over time, making the security posture dynamic rather than static.

Post-acquisition, SAFE intends to unify Balbix’s AI-native exposure management with its existing cyber risk quantification model to allow enterprises to measure, manage and prioritize cyber risk continuously based on business risks. The integration will also trace every vulnerability or misconfiguration to its quantified business impact. And it will unify security operations and risk management under a shared, real-time view of operational exposure and strategic risk.

SAFE claims that the integration between the two companies will signal a new era where chief information security officers will be transformed into enterprise risk leaders, armed with real-time visibility of their entire risk landscape.

“Balbix has always helped customers understand what’s exploitable,” said founder and Chief Executive Gaurav Banga, who is joining SAFE as president of continuous threat exposure management. “With SAFE, we take that capability to an entirely new level. Together, we can tie every exposure to business impact and drive immediate, decisive action. This isn’t incremental — we’re delivering the unified cyber risk platform the industry has been waiting for.”

Coming into the acquisition, Balbix had raised $100 million in venture capital funding over three rounds, according to data from Tracxn. Investors in the company included Redline Capital Management, Third Point Ventures, Nautilus Venture Partners, Moderne Ventures, JC2 Ventures, Mayfield Fund Management, Alter Venture Partners and Singtel Innov8 Pte. Ltd.

Photo: Balbix