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Diligent Partners with Cloudflare and Qualys to Transform Cyber Risk Insights for Boards with Next-Generation Reporting Solution

by Jon Seals | April 29, 2025 | | 0 comments

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

NEW YORK – Diligent, the leading governance, risk and compliance (GRC) SaaS company, today announced a strategic partnership with Cloudflare, the leading connectivity cloud company, and Qualys, a leading provider of disruptive cloud-based IT, security and compliance solutions, to revolutionize the way Chief Information Security Officers (CISO) and security leaders communicate cyber risk to the board of directors. The Cyber Risk Report – available on the Diligent One Platform – will integrate Cloudflare’s real-time threat intelligence, Qualys’ best-in-class risk surface insights, and Diligent’s cyber risk dashboard to deliver a real-time view of the most pressing cyber threats for organizations.

“In today’s complex cyber landscape, boards and executives are demanding faster access to insights,” said Brian Stafford, President and Chief Executive Officer of Diligent. “The new Cyber Risk Report provides a holistic view of an organization’s risk posture, mitigating the chance of vulnerabilities to high impact threats. Combined with Diligent’s AI-powered risk and governance solutions, this report arms CISOs with the tools for proactive risk management and strong cybersecurity governance.”

According to Diligent’s 2025 What Directors Think report, while 61% of directors recognize the strategic risks posed by cyber threats, almost 30% of boards do not receive regular security updates, underscoring a critical gap in cybersecurity awareness and action. Security teams are overwhelmed by excessive data, new software vulnerabilities and AI tools, making it crucial to automate ‘always-on’ threat monitoring and enable teams to translate insights for effective risk management. ​The Cyber Risk Report bridges the gap between threats detected and action needed by combining internal controls data, external threat intelligence and relevant business context into a single, executive-ready report. Real-time integrations with Cloudflare and Qualys will help eliminate manual reporting cycles and reliance on spreadsheets, providing comprehensive and actionable insights while automating complex tasks like control testing, evidence collection and issue remediation. 

“Severe repercussions of recent attacks, and new threats posed by emerging technologies have moved cyber to the forefront of business leaders’ concerns. And while the reckoning that cyber is at the crux of enabling business has finally come, communicating risk clearly, in business terms, is still a major challenge for CISOs,” said Grant Bourzikas, Chief Security Officer at Cloudflare. “The Cyber Risk Report – underpinned by Cloudflare’s telemetry, based on our global network that’s one of the largest in the world – will enable security leaders to pinpoint exact relevant issues, overlay them with comprehensive context and ultimately provide clarity to the board on the overall state of your organization’s resilience.”    

Developed with input from more than 50 CISOs and board members, the enhanced Cyber Risk Report connects technical metrics with strong decision-making. With features such as built-in trend tracking, peer comparisons and intuitive dashboards, the report enables CISOs to prioritize vulnerabilities based on business impact and deliver actionable insights to the board, ultimately enhancing governance. This strategic partnership enables the integration of cutting-edge technologies from Cloudflare and Qualys into the Diligent One Platform and serves as the foundation for future cybersecurity solutions to address the evolving threat landscape.

“CISOs don’t need more dashboards; they need a smarter, business-focused strategy,” said Rich Seiersen, Chief Risk Tech Officer of Qualys. “At Qualys, we help our customers be more effective at measuring, communicating and eliminating their cyber risk with the Risk Operations Center (ROC). Together with Diligent and Cloudflare, we’re redefining how cyber risk is communicated to the board, translating technical data into the financial language of business – dollars and cents. At the same time, we’re empowering CISOs with clear, actionable insights to manage their risk surface, drive down risk, boost efficiency and elevate security as a true business enabler.”

The partnership was announced today at the 2025 RSA Conference. For more information about the Cyber Risk Report capabilities developed by Diligent, Cloudflare and Qualys, visit: https://www.diligent.com/board-reporting-it-risk.

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