Balbix helps businesses manage and reduce the risk of data breaches through its cybersecurity platform, the Balbix Security Cloud. This platform uses artificial intelligence to gather and analyze data from various security and IT tools, providing a clear view of a company's cybersecurity risk in monetary terms. This allows businesses to identify and prioritize vulnerabilities effectively. Balbix serves a wide range of clients, from small teams to large Fortune 500 companies, and operates on a subscription model, offering real-time visibility into security issues. Additionally, Balbix provides professional services like implementation support and training to enhance the user experience. The company's goal is to automate cybersecurity processes and help organizations improve their security posture against the growing threat of cyber attacks.