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Diligent, Cloudflare, and Qualys Team Up to Revolutionize Cyber Risk Reporting for Board Members

11 hours ago

Diligent, a leader in governance, risk, and compliance (GRC) SaaS solutions, has partnered with Cloudflare and Qualys to introduce the Cyber Risk Report, a next-generation reporting solution aimed at transforming how Chief Information Security Officers (CISOs) and security leaders communicate cyber risks to board members. This strategic alliance combines Cloudflare’s real-time threat intelligence, Qualys' comprehensive risk surface insights, and Diligent’s advanced cyber risk dashboard to provide a unified, executive-friendly view of an organization’s cyber vulnerabilities. In today's rapidly evolving cyber landscape, board directors and executives are increasingly concerned about cyber threats but often lack timely and actionable insights. According to Diligent’s 2025 "What Directors Think" report, although 61% of directors acknowledge the strategic risks associated with cyber threats, nearly 30% of boards do not receive regular security updates. This gap in communication hampers effective risk management and can lead to significant vulnerabilities and potential high-impact threats. The Cyber Risk Report addresses this issue by integrating internal controls data, external threat intelligence, and relevant business context into a single, user-friendly report. It eliminates the need for manual reporting and spreadsheet reliance, automating complex tasks such as control testing, evidence collection, and issue remediation. This ensures that security teams can focus on high-priority threats rather than getting bogged down in data management. Key features of the Cyber Risk Report include built-in trend tracking, peer comparisons, and intuitive dashboards. These tools allow CISOs to prioritize vulnerabilities based on their potential business impact, providing clear and actionable insights to the board. The report is designed to enhance governance by translating technical metrics into business terms, thereby facilitating quicker and more informed decision-making. Brian Stafford, President and CEO of Diligent, emphasized the critical need for this solution. "Boards and executives require fast, accurate insights to make strategic decisions," he stated. "By integrating Cloudflare’s and Qualys’ cutting-edge technologies, the Cyber Risk Report offers a comprehensive and proactive approach to managing cyber risks, ensuring that organizations remain resilient against evolving threats." Grant Bourzikas, Chief Security Officer at Cloudflare, highlighted the importance of clear communication in today's tech-driven world. "While the recognition of cyber threats is growing, translating these risks into business terms remains a significant challenge for CISOs," he noted. "Cloudflare’s global network and real-time telemetry provide the granular data needed to identify specific issues and offer a clear picture of an organization's overall cybersecurity resilience." Rich Seiersen, Chief Risk Tech Officer at Qualys, stressed the need for a smarter, business-centric strategy in cybersecurity. "CISOs don’t need more dashboards; they need solutions that help them measure, communicate, and reduce cyber risks effectively," he said. "The Qualys Risk Operations Center (ROC) plays a vital role in this partnership by transforming technical data into financial terms, making it easier for boards to understand and act on the information provided." The partnership was officially launched at the 2025 RSA Conference, where industry experts gathered to discuss the latest advancements in cybersecurity. This collaboration represents a significant step forward in addressing the growing demand for integrated and automated cybersecurity solutions. By merging the strengths of Diligent, Cloudflare, and Qualys, the Cyber Risk Report sets a new standard for cybersecurity governance, enabling organizations to stay ahead of emerging threats and make strategic, data-driven decisions. Diligent, founded in 2001, serves more than 1 million users and 700,000 board members, offering a consolidated view of GRC practices through its Diligent One Platform. This platform helps organizations manage risks, enhance resilience, and improve decision-making efficiency. Cloudflare, established in 2009, is a connectivity cloud company known for its mission to build a better internet. It secures and accelerates online applications and networks, leveraging one of the world’s largest and most interconnected networks to block billions of threats daily. Cloudflare’s services are trusted by millions of organizations globally. Qualys, founded in 1999, is a pioneer in cloud-based IT, security, and compliance solutions. It serves over 10,000 subscription customers, including many from the Forbes Global 100 and Fortune 100 lists. Qualys helps organizations automate their security and compliance processes, delivering critical insights and protection for a wide range of IT systems and environments. Industry insiders are optimistic about the impact of this partnership. "This collaboration marks a significant advancement in cybersecurity governance," commented a cybersecurity analyst from a leading research firm. "By providing boards with a clear, real-time view of cyber risks, Diligent, Cloudflare, and Qualys are empowering organizations to take proactive measures, thereby reducing the chances of vulnerabilities leading to high-impact threats. The integration of their technologies is expected to set a new benchmark for cybersecurity reporting and management." Overall, this strategic alliance is poised to bridge the communication gap between technical security teams and board members, enhancing organizational resilience and strategic decision-making in the face of ever-evolving cyber threats.

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