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Press Release : Apr 23, 2024 8:05:00 AM
NAES Corporation, the power generation industry’s largest independent providers of operations and maintenance, has announced a partnership with DeNexus Inc, the leading provider of second-generation cyber risk quantification and management services to large industrial facilities, OT service providers, and the cyber insurance market.
“Partnering with DeNexus and leveraging the DeRISK platform allows us to help our clients make informed cyber risk management decisions, allocate cyber mitigation budgets more effectively, and gain access to quantifiable data and analytics that support their facilities,” said Alan Bull, NAES’s Vice President of Compliance and Fleet Services
Through this collaboration, NAES will have preferred access to DeNexus’ cyber quantification platform DeRISK, a cloud-based technology that provides evidence-based, data-driven, real-time visibility to an industrial facility’s risk exposure to cyber-attacks and events.
DeRISK calculates the probability and financial impact of potential cyber events, delivers the mitigation options available to reduce cyber risk, and offers the ROI for each cyber mitigation project. Armed with this level of data empowers the asset owner to prioritize actions that need to be taken.
“Our partnership with NAES will provide a veritable one-stop-shop for the Cyber Risk Lifecycle of its fleet of power generation facilities,” said Jose M Seara, Founder and CEO of DeNexus. “DeRISK arms OT Industrial facilities with the data and tools they need to mitigate cyber risk against the increasing threat landscape and new regulatory and compliance requirements, all on a single, evidence-based, data-driven platform.”
About NAES
NAES is an independent services company dedicated to optimizing the performance of energy facilities across the power generation, oil & gas, and petrochemical industries. NAES applies its deep experience in operations, maintenance, construction, engineering, and technical support to build, operate and maintain plants that run safely, reliably, and cost-effectively. (www.naes.com)
NAES is a wholly owned subsidiary of ITOCHU Corporation. With operations in over 80 countries covering a broad range of industries, ITOCHU ranks among the world’s largest corporations. (www.itochu.com)
About DeNexus:
DeNexus is the leading provider of cyber risk quantification and management to OT Industrial managers, boards, stakeholders, and the risk transfer market. Our flagship platform, DeRISK, empowers the industrial enterprise and risk underwriters with the ability to quantify and manage cyber risk exposure on a continuous basis. DeRISK is the world’s first self-adaptive, cloud-based technology that predicts where cyber breaches are likely to occur, values their impact on business and guides risk stakeholders towards the best risk mitigation paths for their organization. (www.denexus.io)
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