Why customers choose SAFE vs. Balbix
The Forrester WaveTM: Cyber Risk Quantification Solutions Q2 2025 positions SAFE as the best choice for organizations seeking a continuous, AI-powered, and FAIR-compliant cyber risk management solution.

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Why SAFE Wins Vs Balbix
SAFE earned the highest possible score in 21 out of 27 criteria across Current Offering and Strategy; more than any other vendor evaluated.
VS
Product Strength
4.78
3.24
SAFE is a leader with the “most comprehensive CRQ-native solution in the market” whereas Balbix is a strong performer with a lower score than SAFE.
Cyber Risk Singularity
5.00
1.00
SAFE is noted for its Cyber Risk Singularity vision and capabilities of third-party risk assessment and cyber insurance. Balbix falls short in all aspects.
Open Standards-based
5.00
3.00
SAFE “differentiates in transparent CRQ modeling” with FAIR-CAM, whereas Balbix “Feels like a black box” per customer feedback.
The Forrester WaveTM : Cyber Risk Quantification Solutions Q2 2025
“SAFE’s vision of enabling cyber risk singularity reinvents expectations for end users’ security programs. Its focus on expanding CRQ to all aspects of cyber risk management is strengthened by its ambitious roadmap, partner ecosystem, adoption support, and community engagement.”
SAFE vs Balbix Overview
SAFE is redefining cyber risk management with Agentic AI. We empower CISOs, cybersecurity, and TPRM leaders to continuously quantify, prioritize, and mitigate cyber risks across their entire attack surface - enabling digital growth and organizational resilience.
SAFE is the category leader in Cyber Risk Quantification (CRQ) and the first company to deliver 100% autonomous Third-Party Risk Management (TPRM) and Continuous Threat Exposure Management (CTEM).
Trusted by industry leaders including Google, Fidelity, T-Mobile, Chevron, and IHG, SAFE has achieved triple-digit revenue growth for three consecutive years and raised over $170 million to date.
SAFE is the category leader in Cyber Risk Quantification (CRQ) and the first company to deliver 100% autonomous Third-Party Risk Management (TPRM) and Continuous Threat Exposure Management (CTEM).
Trusted by industry leaders including Google, Fidelity, T-Mobile, Chevron, and IHG, SAFE has achieved triple-digit revenue growth for three consecutive years and raised over $170 million to date.
Balbix
Balbix is a cyber risk and exposure management platform that combines CRQ with its risk-based vulnerability management (RBVM) and cyber asset attack surface management (CAASM) offerings, but it falls short in third-party risk and cyber insurance.
As its CRQ offering is relatively new, its pricing flexibility and community engagement have room to improve. Customers note that the underlying risk model in the CRQ component still “feels like a black box.”
Balbix has revamped its CRQ model, scenario scoping, and comparative analysis capabilities to be more accessible. But it falls short in third-party risk and cyber insurance assessment, which are key CRQ use cases.
As its CRQ offering is relatively new, its pricing flexibility and community engagement have room to improve. Customers note that the underlying risk model in the CRQ component still “feels like a black box.”
Balbix has revamped its CRQ model, scenario scoping, and comparative analysis capabilities to be more accessible. But it falls short in third-party risk and cyber insurance assessment, which are key CRQ use cases.
Bottom Line
SAFE is the clear leader for organizations seeking a mature, transparent, and AI-powered CRQ solution that’s ready to scale. Balbix is for organizations focused on asset- and exposure-centric risk reduction, but not yet suited for end-to-end CRQ programs.