Our company has been acquired by Volaris Group to accelerate its ability to solve fragmented and risk-filled identity experiences for our customers. Bravura Security has helped Fortune 500 companies around the world protect their companies over the last two decades against an increase in cybersecurity attacks.
Business As Usual, Now As Bravura Security
The investment in Bravura Security will enable the company to expand its capabilities to solve your cybersecurity challenges with the pace of innovation and client satisfaction we have been driving towards as leaders in identity and privileged access management.
Volaris Group has a long-term buy-and-hold acquisition strategy that is focused on the long-term success of Bravura Security. It currently operates 150+ independently managed software companies around the world, providing them with the strategic guidance and financial security required to help them be leaders in their respective markets.
Solving Fragmented and Risk-Filled Identity Experiences with One Platform
According to IBM’s Cost of a Data Breach Report 2022, compromised credentials cost an average of $4.5 million per breach, and is the most frequent attack vector in the identity landscape, accounting for 19% of breaches. The report also found that breaches at organizations with fully deployed security AI and automation cost 65.2% less than breaches at organizations without, making automation a cybersecurity necessity.
With Bravura Security’s end-to-end security fabric strategy spanning all identity and privilege attack vectors, companies can quickly eliminate threats for their businesses and employees with mature automation and risk remediation increasing protection. The power of one platform gives employees a frictionless and contextually appropriate security experience centered on identity yet intelligently weighted with privileges, passwords, and passwordless authentication to decrease overall risk. The Bravura Security Fabric is bolstered by governance and compliance checks and streamlined service level agreements to ensure security strategies are aligned with business objectives and consistent with regulations, particularly important in industries like financial services, healthcare, and higher education. One security fabric also provides a lower total cost of ownership (TCO) for deployment and administration.
Read the Press Release for more information.
Want to Know More?
If you’re a customer or partner, we’re happy to meet with you to answer any questions you have. Contact your account manager to set up a time to talk.
If you’re a member of the media, please get in touch with Ryan Hill, Corporate Communications Director, at Volaris Group at 1 437.775.6279 or firstname.lastname@example.org.