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 previous year, and the international part is now established at 40% of the global company’s revenue.
This growth has been sustained by two new commercial offers « Brainwave Analytics as You Go » (BAAYGO) and « Booster for AD ».
BAAYGO is an offer of managed service, it relieves security team from repetitive tasks such as periodic controls on accounts, access rights to infrastructures, applications and data. Thanks to this managed service, ready to use analysis and reports are consolidated and provided on a monthly basis for the decision makers. This offer, available as a subscription, doesn’t require software installation and is provided very rapidly, in a couple of days only.
Booster for AD facilitates the analysis and continuous follow-up of Active Directory. The solution is offering more than 200 reports and analysis related to Active Directory: personal accounts, privileged accounts, groups, local administration rights, keywords policies, acts of administration follow-up… This turnkey solution is available in addition to the Brainwave Identity Analytics offer.
New innovative features have been implemented in 2018, especially the « mashup dashboards », the « role mining » and the new « reviews campaign manager » features, the SOD (segregation of duties) capabilities on PeopleSoft and Oracle EBS systems.
The outlook for economic growth looks very good for 2019. Consequently, Brainwave’s forecasts for 2019 are to recruit 10 collaborators in Professional Services, R&D and Marketing departments, both in Paris area headquarter and North-American subsidiary in Montreal.
Sébastien FAIVRE, CTO of Brainwave GRC:
« We are living intense moments, digital transformation is changing drastically the cybersecurity’s landscape and profession: infrastructures decompartmentalized, cloud infrastructures managed by third parties, multicanal user’s access, devops applications and micro-services, exploding volume of processed data, …
This includes for the CISO to become agile and to support these challenges: reinforcement of its relations with the legal department in order to manage the cloud provider’s contractual clauses, risk analysis methods deployment in the dedicated departments to help them measuring impacts of their decisions, …
Finally, the only constant in this new landscape is the “identity” because whatever the means and techniques, managing people and their access rights to the different systems, applications, and data remains companies’ 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 and fight against fraud and cyber risks, prevent data leaks and help you remain compliant. The company designs, develops and sells innovating software solutions in the field of Identity Governance and Audit. Brainwave’s flagship product is “Brainwave Identity GRC”. Identity GRC provides a turnkey solution for the audit and compliance control of user entitlements in the Information System: accounts, roles, fine-grained access rights…
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 take remediation actions.
Typical applications are: tracking accounts to disable (data cleanup), monitoring privileged access, controlling Segregation of Duties on ERPs, preparing account reviews, consolidating roles, monitoring the performance of identity management processes and systems.
Brainwave GRC has over 65 customers worldwide, has 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