Before launching Panaseer, CEO Nik Whitfield and his founding team were building advanced threat detection tools at BAE Systems Applied Intelligence, an international business and technology consulting firm.

Their customers were mature in their cybersecurity approach and very well-resourced. But despite having access to cutting-edge technologies and top talent, they lacked visibility of their own IT and security systems. At the same time, cybersecurity was being subjected to increased scrutiny from internal and external stakeholders. Security teams were being swamped with requests for data that could demonstrate compliance and prove sufficient security measures were in place. Panaseer’s founders spotted an opportunity – to create a platform that could unify IT and security data, establishing total visibility and automating reporting processes.

Over time, new features were added, such as the ability to map security data to your business structure, so you can see the total risk of specific business units, processes and locations. Panaseer has been pioneering a totally new category of cybersecurity technology – Continuous Controls Monitoring.

In 2020, years of our hard work have been validated as Gartner recognised CCM as a new category in risk management. Our goal is to give enterprise security teams and their stakeholders the insights they need to make risk-informed decisions that will keep their organisation and its data secure. We’re committed to continued innovation and product development to cover more areas of cyber, to introduce more automation, reach more stakeholder groups in the enterprise, and make sure we’re employing the best technology to achieve that aim.