What is risk identification or risk management?

This category takes into consideration all the measures to identify and manage security opportunities and dangers, which arise from business actions that can have both a negative and a positive effect on the success of the company. The objective of risk management is not to eliminate all risks; that is practically impossible. Rather, the idea is to strike an optimal balance between opportunities and risks.

Risk management is a crucial factor in determining the success of a product. Risk identification is the most important part of the risk management process. Risks can appear from different branches, and any solution that aids in identifying and managing them is worthy of being recognized.

Previous recognition for risk identification or risk management solutions

For a broader understanding of this Cloud Security Awards category, we have gathered examples from previous winners, finalists, and shortlistees which impressed the judging team with their innovative risk solutions.

Winner of The SaaS Awards 2022 for The Best Security Innovation in a SaaS Product (B2B, Enterprise)

Their risk solution identifies new phishing methods and cyber-attacks of all patterns.

Features, such as real-time response to organization threats at any time are preventive tools.

More cutting-edge features, such as their “Request Investigation” live platform.

Finalist of The SaaS Awards 2022 for the Best Security Innovation in a SaaS Product (B2B, Enterprise)

Continuously tracking over 2,500 threat actors with in-depth analysis.

Exclusive visibility to the deepest cyber threats on the internet.

A special focus on cyber threat intelligence to determine and manage efficiently the orchestration of threats.

Finalist of The SaaS Awards 2022 for the Best Security Innovation in a SaaS Product (B2B, Enterprise)

Reduces redundant and needless privileges on various apps to prevent threats.

Discovers vulnerable apps that can trigger attacks or hold high risk levels.

Mapping of user access, add-ons and other integrations to easily manage the different sorts of threats.

Finalist of The SaaS Awards 2022 for the Best Security Innovation in a SaaS Product (B2B, Small Business)

Uses an innovative solution againsts threats by shielding all internal resources.

Specialized alerts to track unusual activities.

Future proofs by preventing 0-day vulnerabilities.

Strong defense focused on shielding.

A strong entry for Best Security Solution for Risk Identification/Management category should have:

  • Clear, identifiable reasoning as to why the solution identifies and/or manages risk threats
  • If available, any supplementary materials including but not limited to customer testimonials or case studies to demonstrate the solution’s results, effectiveness, and how it works
  • Clearly highlighted in the application any innovative features based on cloud technologies, where applicable.

Ready to enter this category? Please remember to:

Download the forms
• Select the rights awards program and category/ies
• Submit according to the deadline
• Include all supplementary materials on your application

Why Enter The Cloud Security Awards?

The Cloud Security Awards is the latest innovation from the team behind The Cloud Awards and The SaaS Awards. Since 2011, we’ve been helping organizations across the globe gain the recognition they deserve for market-leading innovation in the cloud computing and software sectors.

For a detailed breakdown of all the benefits you receive as an awards entrant as either a shortlistee, finalist or ultimate winner, please see our “Why Enter?” page. The benefits are the same across all three international awards programs.

Pictured here are the team from Formstack, winner of a SaaS Award for “Best Productivity.”

Do you have any questions regarding the Best Security Solution in Risk Identification or Management category? Would you like to nominate a category for The Cloud Security Awards? Please contact us.