IriusRisk, the leading platform for automated threat modelling in the market, today released the findings of an impartial Total Economic ImpactTM Study, which provide verifiable proof that the IriusRisk platform generates a ROI of more than 200% over three years.

In addition, Forrester Consulting's Total Economic Impact research (TEI), which was commissioned, discovered that adopting the IriusRisk Threat Modelling Platform cut the time it took to construct a threat model by 90%.

The study's release coincides with increased pressure on software developers to create secure software from the start. In April, the national cyber security agencies of the US, UK, Australia, Canada, Germany, the Netherlands and New Zealand, published new guidance calling on software manufacturers to deploy threat modelling at the design stage.

The study's release coincides with increased pressure on software developers to create secure software from the start. The US, UK, Australia, Canada, Germany, the Netherlands, and fresh Zealand's national cyber security organisations announced fresh recommendations in April urging software developers to use threat modelling early in the design process.

The following were major conclusions from the Total Economic Impact Study for a composite organisation based on customer interviews:

Consumers of technology and tech-related organisations have been using the TEI methodology for more than 20 years. Cost, benefits, flexibility, and risk are the four criteria used to assess investment value.

It is a tried-and-true, industry-standard framework that simulates all facets of a technology or solution and the effects they have on the company, as well as the ROI of goods and services.

The study's results will be addressed on Thursday, May 25, when IriusRisk will conduct a webinar with Forrester to go through its key findings.

Threat modelling is no longer just good practise; governments, regulators, and cyber security agencies are demanding it, according to Stephen de Vries, founder and CEO of IriusRisk. Every company that creates software should examine its procedures and make sure that security is incorporated into the design phase.

This significant independent investigation serves as proof of the high calibre of the threat modelling service provided by IriusRisk. It is crucial that businesses engage with an organisation that fulfils their needs and does so at the scale they demand at a time when threat modelling has become a commercial necessity. IriusRisk does this, as shown by the Forrester report, which also shows that it increases productivity while saving firms money and time and solidifies threat modelling as a key organisational asset.

Source prnewswire