Panaseer wins ‘Best Regulatory Compliance Tools and Solutions' at 2020 SC Awards Europe

8 June 2020, London and New York: Panaseer today announces that it has scooped the award for ‘Best Regulatory Compliance Tools and Solutions' at the 2020 SC Awards Europe. 

The SC Awards Europe  honor the leading players in the cybersecurity sector – individuals, companies, and products that have played their part in making the world a safer place. The Best Regulatory Compliance Tools and Solutions category recognizes companies that have developed innovative approaches that aid companies so that they know their compliance requirements, or prevent, identify, or remediate non-compliance. 

Comments from the SC Awards Europe  judges include: 

• “Working above and with an organisation's existing security tools – Panaseer’s Continuous Controls Monitoring Platform “substantiates compliance and provides an auditable track record for internal and external stakeholders.”  
• “This tool automatically monitors compliance across a broad range of technical security controls giving CISO's continuous assurance of the effectiveness and consistency of controls. Using auto-data collection and in-built analytics, this tool is a valuable asset to any Security function looking to maximize the effectiveness of their security investments to date.”
• “Truly innovative! Looking forward to seeing what they do next.” 

Panaseer has an excellent track record with the SC Awards Europe. It picked up the award for ‘Best Newcomer Security Company of the Year’ at the SC Awards Europe 2018. 

Nik Whitfield, Founder and CEO, Panaseer: “How does an enterprise know that its security safeguards are in place and working at all times? The truth about security today is that our security teams are facing an overload of requests from Boards, auditors, and regulators - not only is this detracting from the important work they do on the frontline, but they’re uncomfortable about the completeness and accuracy of the data they're sharing. Nobody wants to stand behind these numbers, and the cost of compliance is escalating with every new security or privacy regulation. We believe that the only way to stop this trend is automation. Regulated enterprises use our Continuous Controls Monitoring platform to automatically monitor their security status across a broad range of technical security controls, saving person-years of time and expense, and producing complete and accurate data for the first time."  “We’re absolutely thrilled to have our solution recognized by SC. It’s down to the hard work of the whole team that within a space of a couple of years, we have gone from being the best industry newcomer, to being recognized for having the best regulatory compliance tool and solution on the market! I hope this brings more awareness that automated solutions exist in this area.”