Cyber Risk Quantification and Assessment Platform for Board-Level Decisions

Axio is a cyber risk management company serving CISOs, CFOs, risk managers, and boards at enterprises across energy, healthcare, financial services, manufacturing, and the public sector. The company describes itself as having launched in 2016, founded by the architect of the C2M2 maturity model together with cybersecurity and insurance specialists, with the goal of expressing security posture in financial rather than purely technical terms. Its Axio360 platform reports more than 350 customers and over 3,500 completed assessments.

The platform pairs two linked modules. Assessment scores a security program against packaged frameworks including NIST CSF, C2M2, CIS 18, CMMC, the CRI Profile, NIST 800-53, the NIST Privacy Framework, and MAS TRMG, alongside ransomware and SEC preparedness reviews, or a customer's own imported model. Findings from those control gaps then feed the quantification engine, where plausible loss scenarios are modeled using editable formulas and Cyentia probability data to produce minimum-to-maximum expected costs for an incident.

Where much of the market leans on likelihood scoring, the stated approach emphasizes outcomes, arguing that conventional analysis over-weights attack probability and under-weights consequence. Calculations remain visible and editable rather than black-boxed, and results extend into risk transfer analysis so insurance limits can be tested against modeled exposure. A newer AIR module applies the same dollarized method to AI systems, tracking gaps against the EU AI Act, NIST AI RMF, and ISO 42001. Forrester named the company a Leader in its Q2 2025 Cyber Risk Quantification Wave.