NEW YORK, NY (June 13, 2017) – Bay Dynamics® is now in an agreement with EC America, a subsidiary of immixGroup, Inc., the distributor of the Bay Dynamics flagship analytics platform, Risk Fabric®, for Continuous Diagnostics & Mitigation (CDM) program contracts. Five CDM/Continuous Monitoring as a Service (CMaaS) Blanket Purchase Agreement (BPA) contract holders now offer Risk Fabric to Federal, State, Local and Tribal governments through CDM BPA.
CDM focuses on identifying cyber security risks on an ongoing basis, prioritizing risks based upon potential impacts, and enabling cyber security personnel to mitigate the most significant problems first. Aligning with these requirements, Risk Fabric continuously measures the mission impact associated with dynamic threats and vulnerabilities detected in agencies’ environments and delivers prioritized mitigation actions, based on those that reduce mission impact the most, to the stakeholders responsible for acting.
The CDM/CMaaS BPA has a $6 billion ceiling. There are more than 70 agencies with a CDM memorandum of agreement with DHS to implement CDM. The first two phases focused on developing a baseline of cyber capabilities. The third phase focuses on sustainable cyber risk management among other activities.
“We are proud that Risk Fabric can now play a key role in helping protect the applications, systems and information that our nation relies on to deliver vital services to citizens,” said Feris Rifai, co-founder and CEO at Bay Dynamics. “CDM enables agencies to adopt a risk based approach to cyber security and continuously comply with cyber regulations, frameworks and orders currently in place or on the horizon.”
Bay Dynamics is exhibiting at the AFCEA Defensive Cyber Operations Symposium at the Baltimore Convention Center in Baltimore, Maryland on June 13 – 15, 2017. Stop by booth #389 to learn more or visit: https://baydynamics.com/business-value/risk-fabric-government/
To learn more about CDM go to: https://www.dhs.gov/cdm
About Bay Dynamics
Bay Dynamics® enables enterprises and agencies to continuously quantify the financial impact of cyber risk based on actual conditions detected dynamically in their environment. The company’s flagship product, Risk Fabric®, is an analytics software platform that calculates the value at risk associated with specific threats and vulnerabilities, and prescribes actions to measurably reduce cyber risk exposure. Using Risk Fabric, stakeholders across the business can use common metrics to prioritize their remediation activities on the risks that matter most. For more information visit www.baydynamics.com.
Follow Bay Dynamics on Twitter at www.twitter.com/BAYDYNAMICS, on LinkedIn at www.linkedin.com/company/bay-dynamics/, and on Facebook at www.facebook.com/bay.dynamics.
Bay Dynamics and Risk Fabric are registered trademarks of Bay Dynamics, Inc. Other trademarks mentioned are the property of their respective owners.
CONTACT INFORMATION
Media Contact:
Abby Ross
Bay Dynamics
abby.ross@baydynamics.com
312-443-2460
