The Cyber Risk Report delivers a holistic and real-time view of cyber risk, enabling business leaders to seamlessly digest risk metrics and execute strategic decision-making
Diligent, the premier governance, risk, and compliance (GRC) software-as-a-service (SaaS) provider, unveiled a strategic collaboration with Cloudflare, a leader in connectivity cloud solutions, and Qualys, a pioneer in cloud-based IT security and compliance. This alliance is designed to reshape how Chief Information Security Officers (CISOs) and security leaders communicate cyber risks to boards of directors. The innovative Cyber Risk Report, hosted on the Diligent One Platform, will combine Cloudflare’s real-time threat intelligence, Qualys’ industry-leading risk surface insights, and Diligent’s comprehensive cyber risk dashboard to provide organizations with a real-time snapshot of their most critical cyber threats.
“In today’s intricate cyber environment, boards and executives require quick, actionable insights,” said Brian Stafford, President and CEO of Diligent. “The new Cyber Risk Report offers a holistic view of an organization’s risk posture, significantly reducing the likelihood of exposure to high-impact threats. Leveraging Diligent’s AI-powered risk and governance solutions, this report equips CISOs with the tools necessary for proactive risk management and robust cybersecurity governance.”
According to Diligent’s 2025 What Directors Think report, 61% of directors acknowledge the strategic risks posed by cyber threats. However, nearly 30% of boards do not receive regular cybersecurity updates, revealing a significant gap in cybersecurity awareness and action. Security teams are inundated with overwhelming data, emerging software vulnerabilities, and new AI tools. As a result, automating “always-on” threat monitoring is essential, empowering teams to convert insights into actionable risk management strategies. The Cyber Risk Report fills this gap by merging internal controls data, external threat intelligence, and essential business context into a unified, executive-ready report. Seamless integrations with Cloudflare and Qualys eliminate the need for manual reporting cycles and reliance on spreadsheets, delivering comprehensive, actionable insights while automating complex processes like control testing, evidence collection, and issue remediation.
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“The severe consequences of recent cyberattacks, coupled with new threats emerging from evolving technologies, have made cybersecurity a top priority for business leaders. Despite the recognition that cybersecurity is fundamental to business success, communicating cyber risk in clear, business-centric terms remains a challenge for CISOs,” said Grant Bourzikas, Chief Security Officer at Cloudflare. “The Cyber Risk Report, powered by Cloudflare’s global network telemetry, will enable security leaders to identify the most pressing issues, provide context, and deliver clear insights to the board on the state of organizational resilience.”
Created with input from over 50 CISOs and board members, the upgraded Cyber Risk Report connects technical metrics with actionable decision-making. Features such as trend analysis, peer comparisons, and intuitive dashboards allow CISOs to prioritize vulnerabilities based on business impact. This empowers security teams to provide boards with actionable insights that enhance governance and cybersecurity practices. The collaboration with Cloudflare and Qualys integrates cutting-edge technologies into the Diligent One Platform, laying the groundwork for future cybersecurity solutions that will evolve with the changing threat landscape.
“CISOs don’t need more dashboards; they need smarter, business-oriented strategies,” said Rich Seiersen, Chief Risk Tech Officer at Qualys. “At Qualys, we focus on helping customers measure, communicate, and mitigate their cyber risks more effectively with the Risk Operations Center (ROC). Together with Diligent and Cloudflare, we are rethinking how cyber risk is communicated to the board by translating technical data into the financial language of business—dollars and cents. We’re empowering CISOs with actionable insights that reduce risk, enhance efficiency, and position security as a critical enabler of business success.”
This strategic partnership signals a new era in cybersecurity governance, providing organizations with the tools to navigate the evolving threat landscape and strengthen their overall risk management strategies.