Press Release —

Leading cybersecurity company’s real-time risk assessment solution recognized in AI category

Balbix, the leader in AI-backed cybersecurity posture transformation, was named the winner of a Silver Stevie® Award in the Machine Learning and Artificial Intelligence category in the 18th Annual American Business Awards® today.

“We’re extremely proud to be recognized by the American Business Awards for our security posture transformation solution, which enables CISOs to gain real-time visibility into their breach risk and drive cyber-risk reduction,” says CEO Gaurav Banga. “At Balbix, we have a strong commitment to innovation and this award reflects the hard work and dedication from our team.”

More than 230 professionals worldwide participated in the judging process to select this year’s Stevie Award winners.

“Despite the toughest business conditions in memory, American organizations continue to demonstrate their commitment to innovation, creativity, and bottom-line results,” said Stevie Awards president Maggie Gallagher.  “This year’s Stevie-winning nominations are full of inspiring stories of persistence, ingenuity, resourcefulness, and compassion.  We celebrate all of their stories and look forward to showcasing them during our virtual awards ceremony on August 5.”

Details about The American Business Awards and the list of 2020 Stevie winners are available at www.StevieAwards.com/ABA.

The American Business Awards are the U.S.A.’s premier business awards program. All organizations operating in the U.S.A. are eligible to submit nominations – public and private, for-profit and non-profit, large and small.

Nicknamed the Stevies for the Greek word meaning “crowned,” the awards will be virtually presented to winners during a live event on Wednesday, August 5.  Tickets for the virtual event are now on sale.

About Balbix

Balbix is the world’s first cybersecurity platform to leverage specialized AI to provide real-time visibility into an organization’s breach risk. The Balbix system predicts where and how breaches are likely to happen, prescribes prioritized mitigating actions, and enables workflows to address the underlying security issues. By using Balbix, CISOs and CIOs transform their organization’s cybersecurity posture, reducing cyber risk by 95% or more, while making security teams 10 times more efficient. Balbix counts many Global 1000 companies among its rapidly growing customer base and was named a “Cool Vendor” by Gartner in 2018.  For more information, visit our website www.balbix.com and blog https://blogs.balbix.com/, follow us on Twitter https://twitter.com/balbixinc/ and LinkedIn https://www.linkedin.com/company/balbix/.

About the Stevie Awards
Stevie Awards are conferred in eight programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, the Middle East Stevie Awards, The American Business Awards®, The International Business Awards®, the Stevie Awards for Women in Business, the Stevie Awards for Great Employers, and the Stevie Awards for Sales & Customer Service. Stevie Awards competitions receive more than 12,000 entries each year from organizations in more than 70 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at http://www.StevieAwards.com.

Sponsors of the 2020 American Business Awards include John Hancock Financial Services, Melissa Sones Consulting, and SoftPro.