PRESS RELEASE

 

Asnières-Sur-Seine, France, January 2019 – Brainwave GRC’s growth rate continued to improve in 2018 in Western Europe and in North America. The annual revenue increased by 64% compared to the previous year, and the international sector is now established at 40% of the company’s global revenue.

This growth has been sustained by two new product offerings:“Brainwave Analytics-As-You-Go” (BAAYGO) and “Booster for Active Directory” (AD).

BAAYGO is a managed service product that relieves the security team of repetitive tasks such as periodic controls on account and access rights to infrastructures, applications and data. With this managed service, real time analyses and reports are consolidated and provided on a monthly basis for the decision makers. This offer, available as a subscription, can be up and running in a matter of days and does not require any software installation.

Booster for Active Directory facilitates the analysis and continuous follow-up of Active Directory. The solution offers more than 200 reports and analyses related to Active Directory: personal accounts, privileged accounts, groups, local administration rights, keyword policies and administration action follow-up. This turn-key solution is available in addition to the Brainwave Identity Analytics offering.

New innovative features have been implemented in 2018, including the “mashup dashboards,”the “role mining,”the new “review campaign manager” and Segregation Of Duties  (SOD) wich works with PeopleSoft and Oracle EBS systems.

The outlook for economic growth looks very good for 2019. Consequently, Brainwave’s plans to hire ten new collaborators in Professional Services, R&D and the Marketing departments, both in the Paris, France, headquarters and the North-American subsidiary in Montreal, Canada.

 

Sébastien FAIVRE, CTO of Brainwave GRC:

 

“We are living intense moments. Digital transformation is changing drastically the cybersecurity’s landscape and profession immeasurably: infrastructures are decompartmentalized, cloud infrastructures are managed by third parties, multi-channel user’s access exists, Dev Ops applications and micro-services are available, and there has been an exploding volume of processed data.

For this raison, the CISO must become agile in order to support these challenges. He does this by reinforcing his relations with the legal department in order to manage the cloud provider’s contractual clauses and by deploying risk analysis methods in key departments to help them measure the impact of their decisions.

Finally, the only constant in this new landscape is the user’s identity. This is because, no matter the techniques and processes employed, managing people and their access rights to the different systems, applications and data remains the company’s responsibility.

The main goal of solutions such as Brainwave is to help CISO to enlighten Identity’s access as a real “lighthouse” in the mids of this digital storm, to make it possible to stay on course while reconciling security and change management towards the “all digital”.

About Brainwave GRC:

Founded in 2010 by three experts in Identity and Access Management, Brainwave GRC helps organizations protect their sensitive assets, fight against fraud and cyber risks, prevent data leaks and help maintain compliancy. The company designs, develops and sells innovative software solutions in the field of identity governance and audit. Brainwave’s flagship product is “Brainwave Identity GRC”. This tool provides a turn-key solution for auditing and compliance control of user entitlements within the Information System, such as accounts, roles, fine-grained access rights and the like.

Identity GRC has been specifically designed for business sectors which are subject to advanced compliance requirements, such as banking, insurance, health care and other sensitive industries. With Brainwave Identity GRC, our customers are able to fully automate the recovery and consolidation of user access rights on various heterogeneous IT systems in order to provide a comprehensive entitlement map. A control plan can then be configured in order to automatically produce reports and analyses that are suitable for internal and external auditors and wich help with corrective action.

Typical applications are: tracking to disable accounts (data cleanup), monitoring privileged access, controlling segregation of duties on ERPs, preparing account reviews, consolidating roles and monitoring the performance of identity management processes and systems.

Brainwave GRC has over 65 customers worldwide, more than 3 million analyzed identities, 1 billion controlled access rights, and 1000 reviews executed monthly.

For more details: www.brainwavegrc.com

Contact – Sébastien Faivre
[email protected]
Mobile : +33 6 01 81 92 60
Tél. : +33 1 84 19 04 10

                                 

                                 

                                                             
                                  

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