CISO Tribune

Vendor comparison · 2 companies

DefenseStorm vs Third Wave Innovations

DefenseStorm sells a cyber risk management platform designed exclusively for U.S. banks and credit unions. Third Wave Innovations helps growing businesses understand cyber risk, reduce exposure, stay insurable, and recover when something goes wrong. CISO Tribune files both under MDR and managed SOC. This page sets the two records side by side: what each sells, where it is based, who owns and funds it, the customers it names and its recent news, each fact numbered to its source.

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  • DefenseStorm
  • Third Wave Innovations
DefenseStorm vs Third Wave Innovations: Products, Customers and Funding Compared
DefenseStormDefenseStorm sells a cyber risk management platform designed exclusively for U.S. banks and credit unions.defensestorm.comThird Wave InnovationsThird Wave Innovations helps growing businesses understand cyber risk, reduce exposure, stay insurable, and recover when something goes wrong.3rdwave.io
What it sells
  • Collaborative SOC[1][2]A 24X7 SOC of banking-fluent cybersecurity analysts.
  • GRID Active[1][2][4][8][9]DefenseStorm's intelligent data engine.
  • GRID Active Threat Surveillance[4]Gathers and analyzes data from many sources and identifies threats in the customer's environment.
  • GRID Active Risk Assessment and Governance Package[8]Aligns an institution's risk and governance to evidence the effectiveness of control in its risk assessment.
  • GRID Active Reporting[4]Reporting for financial institutions based on consistent metrics.
  • Vulnerability Management Services[4]An option integrated with the GRID Active platform.
  • Security Awareness Training[1][5]Training that builds employee cyber knowledge and meets compliance training requirements.
Categories
Headquarters
Not stated on its pagesNot stated on its pages
Founded
Not stated on its pagesNot stated on its pages
Ownership and funding
Not stated on its pagesNot stated on its pages
Named customers
Not stated on its pagesNot stated on its pages
Recent news
Not stated on its pagesNot stated on its pages
G2 and Gartner Peer Insights
  • G2: listed, seen October 31, 2026[3]
  • Gartner Peer Insights: Not stated on its pages
  • G2: Not stated on its pages
  • Gartner Peer Insights: Not stated on its pages
Who it fits
DefenseStorm describes its solution as designed for the cyber threat and compliance demands facing the financial services industry. DefenseStorm describes solutions designed for the needs of banks and credit unions and for efficiencies at community financial institutions. DefenseStorm's co-managed approach lets customer teams view configuration logs while DefenseStorm cybersecurity experts monitor the environment 24/7.From its own pages, Third Wave Innovations sells mainly to growing businesses, including small and midsized organizations without a full security team. The pages describe customers such as a mid-sized technology company operating in the healthcare space, a services-based organization, and a manufacturing company. Third Wave Innovations aligns security controls with what insurers expect, so organizations that want to maintain cyber insurance coverage and pass underwriting are part of its audience. Security Awareness Training addresses the training requirements of compliance standards including SOC2, PCI DSS, and HIPAA. Automated Detection & Response works with existing tools for network, identity, cloud, endpoint, and office productivity.
Last verified
September 30, 2026October 19, 2026

Where they overlap

  • MDR and managed SOC is the primary category of both DefenseStorm and Third Wave Innovations.

Where they differ, field by field

  • DefenseStorm is also filed under SIEM, EDR and XDR and Compliance automation. Third Wave Innovations is also filed under Security awareness training, Vulnerability management and Third-party risk and security ratings.
  • DefenseStorm lists Collaborative SOC, GRID Active, GRID Active Threat Surveillance, GRID Active Risk Assessment and Governance Package, GRID Active Reporting and 1 more. Third Wave Innovations lists Security Awareness Training.

How they differ

Both list MDR and managed SOC as the primary category. DefenseStorm sells a cyber risk management platform designed exclusively for U.S. banks and credit unions, built around its GRID Active data engine and a 24X7 Collaborative SOC. Third Wave Innovations sells mainly to growing businesses, including small and midsized organizations without a full security team.

On the product side, DefenseStorm offers GRID Active Threat Surveillance, a Risk Assessment and Governance Package, GRID Active Reporting, and optional EDR and Vulnerability Management Services. Third Wave Innovations offers Automated Detection & Response, which works with existing tools for network, identity, cloud, endpoint, and office productivity. It also sells Security Awareness Training, with a library of over 200 short videos and customizable phishing simulations. The two overlap in MDR and in vulnerability visibility, while DefenseStorm adds banking-specific governance and Third Wave Innovations adds employee training.

DefenseStorm cites 200+ banks and credit unions and 16,000+ banking-specific controls mapped across frameworks, guidance, and exam procedures. Third Wave Innovations describes customers such as a mid-sized technology company in the healthcare space, a services-based organization, and a manufacturing company. Third Wave Innovations aligns security controls with what insurers expect, and its work includes a HIPAA-focused compliance readiness review. Third Wave Innovations was founded in 2017.

What it sells: DefenseStorm

What Collaborative SOC does[1][2]
A US-based, senior banking-fluent cybersecurity analyst collaborates with the customer on a case, 24x7x365. DefenseStorm analysts work alongside AI-enhanced triage to investigate with banking context.
What GRID Active does[1][2][4][8][9]
GRID Active unifies threat operations, risk intelligence, governance, and AI. Seven Built for Banking (B4B) AI Principles govern every AI capability inside GRID Active. Customers can add EDR functionality and Vulnerability Management Services, both integrated with the GRID Active platform.
What GRID Active Threat Surveillance does[4]
GRID Active Threat Surveillance gathers and analyzes data from all types of sources, technology, tools, and systems and identifies threats in the customer's environment. GRID Active Threat Surveillance includes an Incident Similarity feature that applies machine learning to incident monitoring and management.
What GRID Active Risk Assessment and Governance Package does[8]
GRID Active Risk Assessment and Governance Package aligns an institution's risk and governance to evidence the effectiveness of control in its risk assessment. Institutions can filter risk assessments to create smaller assessments such as an eBanking risk assessment, or one large information security risk assessment encompassing all risks in the register. Pre-mapped Task Schedule templates schedule program activities, and the activities map into framework and self-assessment directives as evidence.
What GRID Active Reporting does[4]
GRID Active Reporting supports decision-making by financial institutions through consistent metrics. Financial institutions can customize reports based on audience and timing.
What Vulnerability Management Services does[4]
Customers can add Vulnerability Management Services, integrated with the GRID Active platform, to their cybersecurity risk management solution. DefenseStorm vulnerability scanning lets customers assess their system and discover weaknesses an adversary may be able to exploit.

What it sells: Third Wave Innovations

What Security Awareness Training does[1][5]
Security Awareness Training offers a library of over 200 short videos available in multiple languages. It includes customizable phishing simulations and pre-designed courses with dashboards and reports for tracking employee progress. It addresses training requirements of compliance standards including SOC2, PCI DSS, and HIPAA.

Questions about DefenseStorm and Third Wave Innovations

What do DefenseStorm and Third Wave Innovations sell?
DefenseStorm sells Collaborative SOC, GRID Active, GRID Active Threat Surveillance, GRID Active Risk Assessment and Governance Package, GRID Active Reporting and 1 more. Third Wave Innovations sells Security Awareness Training.
Are DefenseStorm and Third Wave Innovations in the same category?
Yes. MDR and managed SOC is the primary category of both on CISO Tribune.
Who are DefenseStorm and Third Wave Innovations sold to?
DefenseStorm describes its solution as designed for the cyber threat and compliance demands facing the financial services industry. From its own pages, Third Wave Innovations sells mainly to growing businesses, including small and midsized organizations without a full security team.

About DefenseStorm

DefenseStorm sells a cyber risk management platform designed exclusively for U.S. banks and credit unions. DefenseStorm backs its platform with a 24X7 Collaborative SOC of banking-fluent cybersecurity analysts. DefenseStorm cites 200+ banks and credit unions alongside 16,000+ banking-specific controls mapped across industry control frameworks, regulatory guidance, and exam procedures.[1]

DefenseStorm governs its AI capabilities with seven Built for Banking AI Principles, mapped to NIST AI RMF and CRI FS AI RMF. DefenseStorm states that every AI output is explainable to a non-technical professional. DefenseStorm describes AI capability as growing step by step, under explicit policy, with human-in-the-loop boundaries. DefenseStorm says 12 years of banking-only threat patterns, examiner expectations, and industry control frameworks inform every AI output.[1]

DefenseStorm offers managed detection and response (MDR) built for the attack patterns, industry control frameworks, and operational realities of financial institutions. DefenseStorm states that a US-based, senior banking-fluent cybersecurity analyst collaborates with the customer on a case, 24x7x365. DefenseStorm analysts work alongside AI-enhanced triage to investigate with banking context and generate structured evidence for governance reporting. DefenseStorm describes a co-managed approach in which customers view configuration logs showing how their environment is monitored 24/7 by DefenseStorm cybersecurity experts.[4]

GRID Active Threat Surveillance gathers and analyzes data from all types of sources, technology, tools, and systems and identifies threats in the customer's environment. GRID Active Threat Surveillance now includes an Incident Similarity feature that applies machine learning to incident monitoring and management. Customers can add EDR functionality and Vulnerability Management Services, both integrated with the GRID Active platform, to their cybersecurity risk management solution. DefenseStorm vulnerability scanning lets customers assess their system and discover weaknesses an adversary may be able to exploit. Employee Activity Monitoring is included with Threat Surveillance and monitors user access, permissions and actions. DefenseStorm integrations can include tools for intrusion detection, firewalls, threat intelligence platforms, and identity and access management systems. DefenseStorm has a team of cybersecurity experts covering implementation, product training and ongoing platform support. A DefenseStorm security engineer who began in 2020 developed DefenseStorm's EDR Service. DefenseStorm appointed its Director of Cyber Threat Intelligence in 2022, and that role is responsible for nearly all facets of the EDR service. DefenseStorm uploads IOCs related to a vulnerability into its ThreatMatch Feed.[1][4][5][6]

DefenseStorm turns every alert, investigation, and decision into structured evidence mapped to CRI Profile, NIST CSF 2.0, and exam procedures. DefenseStorm offers continuous control monitoring across 16,000+ controls. DefenseStorm risk scoring is shaped by real alerts and incidents. DefenseStorm governance aligns to FFIEC examination procedures, GLBA Safeguards requirements, the NIST Cybersecurity Framework (including CSF 2.0), NCUA expectations, and the CRI Profile.[7]

GRID Active Risk Assessment and Governance Package aligns an institution's risk and governance to evidence the effectiveness of control in its risk assessment. GRID Active Risk Assessment and Governance Package lets institutions filter risk assessments to create smaller assessments such as an eBanking risk assessment, or one large information security risk assessment encompassing all risks in the register. Pre-mapped Task Schedule templates schedule program activities, and the activities map into framework and self-assessment directives as evidence. DefenseStorm lets customers schedule governance and monitoring activities to align with their cyber security compliance program cadences. GRID Active Reporting lets financial institutions customize reports based on audience and timing. DefenseStorm's governance product is integration-ready across core banking, digital banking, authentication, and cloud platforms.[1][4][7][8]

DefenseStorm unifies threat operations, risk intelligence, governance, and AI in GRID Active, its intelligent data engine. DefenseStorm states that one provider replaces separate SIEM, EDR, SOC, risk assessment, vulnerability management, brand management, security awareness training, and governance tools. DefenseStorm runs risk and governance on the same platform as its threat operations. DefenseStorm's governance product connects cyber risk assessments, control monitoring, evidence collection, and board reporting into one continuous program.[7]

DefenseStorm describes its solution as co-managed, cloud-based and compliance-automated, designed specifically for the cyber threat and compliance demands facing the financial services industry.[1][4][7]

DefenseStorm on the record

Sources

DefenseStorm full record

  1. [1]defensestorm.comDefenseStorm · defensestorm.com · undated page, accessed September 30, 2026 · Tier A
  2. [2]Cyber Risk Management Platform for Banks | DefenseStormDefenseStorm · undated page, accessed October 31, 2026 · Tier A
  3. [3]DefenseStorm Reviews 2026: Details, Pricing, & Features | G2G2 · undated page, accessed October 31, 2026 · Tier C
  4. [4]Threat Detection for Financial InstitutionsDefenseStorm · undated page, accessed November 10, 2026 · Tier A
  5. [5]Evolve Bank and Trust Breach - DefenseStormDefenseStorm · undated page, accessed November 10, 2026 · Tier A
  6. [6]Barracuda ESG Vulnerability CVE-2023-2868 Reported - DefenseStormDefenseStorm · undated page, accessed November 10, 2026 · Tier A
  7. [7]Cyber Risk Management for Financial Institutions | DefenseStormDefenseStorm · undated page, accessed November 10, 2026 · Tier A
  8. [8]Cyber Security Risk and Governance for Financial InstitutionsDefenseStorm · undated page, accessed November 10, 2026 · Tier A
  9. [9]Executive Leadership at DefenseStormDefenseStorm · undated page, accessed November 10, 2026 · Tier A

Third Wave Innovations full record

  1. [1]3rdwave.ioThird Wave Innovations · 3rdwave.io · undated page, accessed October 19, 2026 · Tier A
  2. [2]About Us | Third Wave InnovationsThird Wave Innovations · undated page, accessed November 10, 2026 · Tier A
  3. [3]Home | Third Wave InnovationsThird Wave Innovations · undated page, accessed November 10, 2026 · Tier A
  4. [4]Case Studies | Third Wave InnovationsThird Wave Innovations · undated page, accessed November 10, 2026 · Tier A
  5. [5]Security Awareness Training | Third Wave InnovationsThird Wave Innovations · undated page, accessed November 10, 2026 · Tier A

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