Panaseer collaborates with Cyber Risk Institute to enhance control-based compliance for Financial Institutions
As Panaseer expands its capability into regulation and compliance, we are thrilled to announce a new partnership with the Cyber Risk Institute (CRI).
NEW YORK – April 29, 2025 – Panaseer, the pioneer of Continuous Controls Monitoring (CCM), today announced its relationship with the Cyber Risk Institute (CRI) as part of its Innovator Program. This collaboration enables financial institutions to seamlessly align their cybersecurity control measurement with the CRI Profile, a widely adopted framework developed by and for the financial sector.
What is the Cyber Risk Institute?
The CRI Profile, based on globally recognized standards, connects the dots between cyber best practices and regulatory expectations worldwide, offering a streamlined approach to managing cybersecurity risk.
The relationship between Panaseer and CRI marks a significant step forward in helping financial institutions streamline cybersecurity compliance.Panaseer’s integration with the CRI Profile enables organizations to achieve a more automated, deeper level of cybersecurity oversight, helping them meet evolving regulatory demands with confidence and efficiency.
Josh Magri
CEO of the Cyber Risk Institute
The CRI Profile brings together requirements from a broad spectrum of global regulations, including NIST, FFIEC, ISO, NYDFS Part 500, and DORA, into a single, comprehensive framework tailored for the financial sector. It distils more than 2,400 cybersecurity regulations into 318 concise control objectives, giving institutions a more efficient, risk-based path to compliance.
Built on the NIST Cybersecurity Framework and extended with sector-specific functions like Govern and Extend, the Profile simplifies oversight and reporting. By unifying disparate standards, it significantly reduces the operational burden on security teams, minimizing the need for expert interviews and redundant evidence collection and cutting regulatory exam time by an average of 35%.
The Panaseer and CRI partnership
Many of Panaseer’s customers, including leading global banks, already use the CRI Profile to streamline cybersecurity risk management. By integrating the CRI Profile into its platform, Panaseer enhances its ability to automate control measurement, close compliance gaps, and generate regulator-ready reporting across multiple jurisdictions and business units.
At Panaseer, we’re committed to helping institutions move beyond checkbox compliance to a continuous, evidence-based approach.By integrating the CRI Profile into our platform, we empower security teams to continuously assess control performance, surface compliance risks early, and deliver trusted, business-aligned reporting to all stakeholders.This partnership is rooted in a shared vision to strengthen cyber resilience across the financial sector. We look forward to supporting the CRI community and helping to accelerate the adoption and evolution of the Profile.
Neil Hooper
VP of Strategic Partnerships at Panaseer
Transforming cyber risk with continuous CRI reporting
Panaseer is also announcing the launch of its CRI Dashboard, which provides continuous tracking of CRI compliance and gives organizations real-time visibility into control performance.
Using Panaseer, financial institutions gain the ability to:
- Automated control mapping: Effortlessly map enterprise control data to CRI Profile v2.0 requirements with pre-integrated dashboards.
- Continuous compliance tracking: Monitor compliance performance in real time, with historical benchmarking and prioritized remediation actions.
- Defensible, audit-ready evidence: Generate validated, audit-ready reports in minutes using accurate data across identity, asset, vulnerability, and application domains—no surveys or spreadsheets required.
- Contextual reporting for stakeholders: Provide business-contextualized reports to executives, boards, and regulators that demonstrate not only whether controls are in place but also how effectively they are functioning.
Panaseer is redefining the way organizations manage and measure cybersecurity controls. With innovations such as the Cyber Scorecard and Compound Risk, Panaseer provides continuous, data-driven insights into control effectiveness, empowering financial institutions to automate risk measurement and ensure ongoing compliance.
About Panaseer
Panaseer is a leading enterprise cybersecurity company recognized by the World Economic Forum as a Technology Pioneer. Its Continuous Controls Monitoring (CCM) platform empowers cybersecurity, risk, and compliance leaders to strengthen their security posture by providing daily, objective insights into the effectiveness and performance of their controls.
Panaseer enables organizations to measure their cybersecurity defenses against established frameworks and regulations, helping them manage risk, accelerate compliance, and maintain continuous audit readiness. By combining data science with expert cybersecurity knowledge, Panaseer offers an independent, flexible solution that drives resource efficiency, reduces control failures, and enhances governance at scale.