Arx Nimbus, LLC

Data-driven Digital Risk Management platform application


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Quick Pitch

Arx Nimbus' patented Thrivaca(TM) Risk Analytics Platform provides the first cybersecurity risk management platform, accomplishing business-driven cybersecurity investment optimization, regulatory compliance, measurable risk reduction and cost recovery.

By providing measurable lean/six-sigma guidance for cybersecurity protection, Arx Nimbus prevents tens of millions in annual losses for companies from $200mm and larger. Our technology ws originally developed under the sponsorship of US Strategic Command, and is in use in financial services, higher education, healthcare and biopharma organizations up to $170bn. The application has been reviewed by economists and actuaries, and is delivered entirely via the cloud.

Using our patented algorithm developed in collaboration with leading universities, the DoD and federal regulators, Thrivaca consolidates industry historical analysis, the latest enterprise analyses and assessments, proprietary vulnerability scans, audit data and actuarial mathematics to produce a complete and detailed valuation of enterprise-wide digital risk, and the top sources of current carrying cost.

Product/Service Details

The Thrivaca platform provides the most comprehensive data and advanced quantitative processes available today:

  • Threat trend-tracking on the customer industry derived from data including over 60 million attacks per week
  • Advanced machine learning algorithm that simulates actual threat actor patterns Industry specific risk probability patterns derived from multi-year history
  • Recognized among leading cybersecurity solutions in Momentum Partners' CyberScape
  • Published REST API - ability to scan for internal and external vulnerabilities based on scan data
  • Financially-quantified data science results guide the application of over 600 pages of regulator-approved remediation options for the customer organization
  • Documented loss data is processed by data science models to yield the only financially-driven and business-aligned risk management solution today
  • Top Gartner-rated vulnerability and risk technology
  • Support for WFH risk remediation programs to specifically target the risks associated wit the remote workforce
  • Delivered via a SOC1 / SOC2 cloud platform
  • Insurance-grade quantitative models that utilize actuarially-based risk valuations and the most extensive loss history available
  • Thrivaca M&A provides pre and post merger analyses, identifying specific mitigation strategies, solutions, and cost-of-risk effects
  • Use cases include M&A valuation of cyber risk and remediation expense, compliance attainment, loss prevention, cybersecurity cost optimization, TQM-driven risk reduction, senior management visibility into cyber intiatives enterprise-wide, and risk remediation planning
  • Thrivaca CI provides Cyber Insurance industry - underwriters and brokers - with the most rapid turnaround of any actuarially-driven risk valuation solution, with the least invasive data collection attainable
  • Thrivaca Cloud brings a complete ongoing analyses of all cloud environments individually and collectively including cloud migration and integration risk exposure at its sources
  • Fully auditable and traceable results, based on "Zero-Trust" principles throughout
  • Governance support, transparency, and the ability for senior leadership to see cybersecurity results in business terms, combine to support corporate ESG results

Traction & Accomplishments

  • US Patent awarded 2017 - USPTO PCT/IB2019/001020 PCT/US19/33604
  • First customer: US Strategic Comand, Omaha, Nebraska
  • Customers include Nestle, TCS Education, MB Financial Bank/Fifth Third, Sentara Health, Quest Diagnostics, Paylocity, AmerisourceBergen and Indiana University Health System
  • Named as leading cybersecurity risk management solution vendor by Gartner, July 2020
  • Producer of "Save Yourself" digital risk podcast, Apple Podcasts and Spotify
  • Completed SixThirty Cyber accelerator program, December 2018
  • Developed NACD-centric risk management protocol in collaboratioon with the National Association of Corporate Directors, addressing NACD's "Four Questions Board Members Should Be Asking About Their Company's Cybersecurity Program", August 2016
  • Kiran Sonty of Arx Nimbus awarded Robert Toigo Foundation MBA Fellowship for diverse professionals in financial services, July, 2020
  • Mutual reseller agreements and integrations with several leading cybersecurity solutions vendors worldwide; First API published in August, 2020
  • Board of Directors meeting monthly with published minutes since November 2016; Directors include former CAO, Sony Pictures Entertainment, Founder of Cybersecurity Major at West Point, former SVP of Application Development, Moody's Investor Service, former CIO for State of Illinois, and seven-year CEO of OASIS cybersecurity standards group
  • Formal collaboration agreement executed with Board of Regents, University of Illinois, Department of Mathematics and Actuarial Science, May 2019
  • Named "Top 100 Cybersecurity Vendor", July 2020
  • CTO, CEO and CFO all experienced senior officers in $1.5bn in successful exits of California-based software firms including Netfish Technologies, Haute Look, and Cadence Design Systems
  • Member company, Polsky Center for Entrepreneurship and Innovation, June 2019 - Present
  • ServiceNow Partner program, October 2019 - Present
  • Awarded competitive $120,000 Azure emerging cloud-company grant, Microsoft Corporation, November 2020

How We're Different

Arx Nimbus is the sole provider of financially-transparent digital risk management in the cloud. Reviewed and approved by the National Institute of Standards and Technology (NIST), the Thrivaca patented core algorithm provides the first and only comprehensive management of cyber risk across networks, servers, storage, cloud, mobile, IoT and third party risk.

By presenting detailed risk sources and contributors in financial terms, Arx Nimbus brings true transparency to the cybersecurity efforts of the enterprise in preventing these massive losses (now exceeding $700bn in 2020). For the first time, management, boards, regulators and auditors are able to see the financial loss-reduction results of the cybersecurity budget, and plan cost recovery efforts essential to the success of mergers & acquisitions, digital transformation, new product rollouts, geographic expansion and organizational change.

Our Thrivaca technology adheres to all major regulatory requirements, is highly secure and scalable and deployed worldwide via Microsft Azure cloud services. All results are based on insurance-grade actuarial standards and include complete traceability to support regulatory compliance efforts and litigation preparedness.

Team

R. David Moon - CEO

R. David Moon is CEO and Co-Founder of Arx Nimbus, based in Chicago 


He has extensive IT operating executive experience in the Financial Services, Hospitality, and Software Industries and related IT Infrastructure, Networks and Cybersecurity experience in global consulting firms. He specializes in security, business resiliency, compliance, enterprise architecture and capital planning, and advises companies which depend heavily on information technology. • Extensive operations expertise in top management, IT infrastructure, program management, professional services, and cybersecurity • 30 years’ global IT leadership experience in private and public companies, global consulting, and Fortune 500 • Advises global clients with their cybersecurity policy, governance, compliance and capital planning • Developed Cybersecurity regulatory reporting process and structure, Roadmap and Target Operating Model for and Asian money center bank • CISO for 2500-employee multi-unit integrated financial services firm including trading, currency operations, investment bank, private client, hedge fund, and consulting groups • Led benchmarked IT consolidation strategy project through design, planning, budgeting, business model and 5-year deployment roadmap for greenfield hosted, cloud and dedicated data centers, networks, security and support across 120 countries, projecting $60mm/year in shared services operating net savings • Led creation of enterprise legal data compliance and historical content management system, satisfying content management processes related to SEC filings and other regulatory agency requirements for world’s largest bond trading firm • Design and implementation of cloud-based secure messaging for consumer lender with over $80 billion in assets under management • Cyber security program development for super-regional bank including pen testing standards, social engineering, compliance, intrusion detection, disaster recovery, security policy, business continuity and firewall architecture • Security and authentication architecture design and implementation for 30,000-user private cloud Active Directory based email system for public sector agencies • Secure B2B transaction architecture and design for world’s largest SAP implementation • Design, requirements analysis and vendor selection and negotiation including project management and CISO role for $60mm project including all cyber security and surveillance systems for 4,000-employee highly regulated entity including IDS/IPS, authentication, classification, network security, physical security and secure mobile transaction processing A US Air Force veteran in system operations and law enforcement, David holds the PMP and CISSP professional certifications, and earned his Bachelor of Science and Master of Science degrees in MIS from Cardinal Stritch University, an MA in Economic Geography from the University of Wisconsin and an MBA from the University of Chicago Booth School of Business, and is a graduate of the Stanford University Advanced Computer Security Program (SCPD).


Paula Mitchell - CFO

Paula Mitchell is a defense and aerospace technology finance leader, consultant and CFO. 


Her focus includes valuation methodologies, M&A integration and due diligence processes. Paula led the finance and accounting function for several early-stage defense and technology companies that required a Top Secret government clearance certification. Her experience also includes time with Black & Decker, Autodesk, Alvarez & Marsal, and the not-for-profit space. She has led over 15 successful M&A integrations in Silicon Valley, and served as CFO for Cadence Design Systems in San Jose. A 12-year veteran of Lockheed Martin, Paula led the supply chain operation and finance for the company’s legendary Palmdale Skunk Works.


Stuart Richman - CTO

As CTO for Arx Nimbus based in Los Angeles, Stuart applies his expertise in building and maintaining technology-based solutions for large enterprise companies and scaling startups for acquisition or IPO.  


Expertise in architecting SaaS/Cloud based solutions and leading onshore/offshore development teams. Strong background in working with business executives in defining/implementing streamlined business processes, in order to effectively utilize system solutions. Expertise in integrating ecommerce solutions with back-office solutions and building data warehouses to support marketing, sales, and operational needs. Current and recent projects: • CTO for Randian, which owned a patent specific to interactive steaming media. Stuart led the build of a fully functional eCommerce Platform, which incorporated the patented features. Stuart was instrumental in supporting a successful exit (asset acquisition of IP and Platform). • CIO for online specialty fashion retailer HauteLook, through its 2011 sale to Nordstrom. • Startup Mentor for Stubbs Alderton's "Preccelorater" program • Oversight of SaaS Media/Entertainment solutions for UST-Global, including leadership of offshore development, operations, and production support. • CTO oversight for Networkbe and H2GoNow • Scopely: led Oracle Cloud ERP implementation. Led IT systems strategy and roadmap initiative. • FieldConnect: Architecture and leader of the design and • onshore/offshore development of a new Field/Work Order Management SaaS/cloud solution (.NET). • The Honest Company: Led ERP post implementation support team for several financial and distribution initiatives. • Extreme Impact: Led Technology and Professional Services for SaaS/cloud (.NET) based rental sales and inventory management system. Led the product road map, architecture, onshore/offshore development team, and professional services. • Town & Country Event Rentals: Led strategic IT and business process re-engineering initiatives. Implemented Event Rental Management solution, VM environment, Sharepoint, and other strategic IT initiatives. Expert technical advisor for legal matters. • Saban: Led IT Strategy project for Saban, which is a multi-billion dollar real estate and intellectual property company. • Led Television Distribution/IP high-level assessment/planning project for an International Entertainment company. Stuart is pioneer of many innovative advances in streaming media and transaction processing, with key accomplishments as a Partner with Arthur Andersen, Director at Warner Brothers, CIO for HauteLook and as CTO for Randian. Stuart earned his B.S. in Computer Science from Cal State Northridge.


Andrew Patterson - VP, Product Management

In his role, Andrew oversees the implementation of all communication and brand materials and services for Arx Nimbus.  


Andrew leads the company’s efforts in directing the team coordinating at strategic and tactical levels. As a top risk advisor to the US Secretary of Energy, Andrew has spent years working on the most challenging models of risk management. With experience in the hedge fund industry, PwC, and federal government, Andrew is deeply experienced in all forms of risk analytics and risk consulting. Andrew earned his B.A. in Economics from Southern Methodist University.


Tara Vincent - Operations Manager

. In her role, Tara manages the day-to-day operations, customer relations, and assists in many other aspects of the company.  


Tara has over 20 years of management experience mainly focusing on Property Management, Hospitality and Survey Equipment. She has worked for such companies as Heritage Financial Group, Hilton and Print-O-Stat. Tara attended Indiana State University where she studied Graphic Design and Baker College where she studied Hospitality Management.


Chase Heath - VP, Technology and Operations

Chase has over 25 years of experience as a Technology Consultant and Architect. 


He’s worked in consulting practices with IBM, CGI, Sogeti, EDS and served in the United States Air Force. Chase currently has a private consulting practice focused on Cloud Platform Transformations and Architecture. Chase attended the Defense Language Institute and earned his BA in Linguistics: Mandarin Chinese


Aaron Kleyn - Data Science Director

In his role, Aaron assists in the architecture and design of the company’s core algorithms.  


Aaron brings a diverse set of experience in statistical and mathematical analysis. As Biostatistician for AveXis/Novartis, Aaron developed analytical models in the development, testing and compliance of the world’s most highly priced medication. With his research and teaching in Artificial Intelligence and statistical algorithms, Aaron brings key insight to Arx Nimbus’ advances in the analysis and valuation of digital risk. Aaron earned his Bachelor’s in International Relations from USC, and his PhD in Statistics from Northwestern University.


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