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Mitigata RELIQ

RELIQ turns your cyber risk into a real rupee figure (FAIR-based, grounded in your live posture) — so you can prioritise by exposure, justify security ROI, right-size insurance, and give your board a number they can actually govern.

Cyber risk in colours is useless for decisionsRELIQ makes it a defensible rupee figure (FAIR)It drives your security priorities & right-sizes insurance

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Trusted by 500+ enterprises across India

How it’s rated

Full scoreboard ↓
What it does
not high/medium/low
₹ figure
The method
the QRA standard
FAIR
The enabler
prioritise & insure
Fundable
Backing
Bessemer-led
$15M Series B

Quick answer

RELIQ is Mitigata’s cyber-risk quantification engine. Using the FAIR methodology (Factor Analysis of Information Risk), it turns your exposure — assets, threats and vulnerabilities, informed by the live security Mitigata runs — into a rupee figure: how much you stand to lose, and how likely. That lets you prioritise by financial exposure, justify security spend, right-size cyber insurance and give your board a number to govern. TechBag quotes it in INR/GST. Read more ↓ Show less ↑
Part 01 · Orient

The Mitigata cyber-resilience stack

This page covers RELIQ — risk quantification. The rest of the stack:

Quick facts

30-second orientation
Product
RELIQ — cyber-risk quantification engine
Vendor
Mitigata (Bengaluru, India · founded 2023)
What it does
Turns cyber risk into a rupee figure
The method
FAIR (the risk-quantification standard)
Replaces
Vague high/medium/low heatmaps
Informed by
Your live security posture (via Gordon)
Enables
Prioritise, justify ROI, right-size insurance
For the board
Cyber risk in money — governable
The link
Quantified risk → security priorities & cover
In India via
TechBag — scoping, quotes, GST invoicing, support
Part 02 · Learn

Understand cybersecurity before you buy it

Most product pages skip this. We start here — so you buy a capability, not a buzzword.

What is RELIQ?

Mitigata’s cyber-risk quantification engine — turns your cyber risk into a real rupee figure (FAIR-based) you can actually manage.

Unprotected estate vs modern security — the honest table

What consolidation actually replaces, dimension by dimension.

DimensionUnprotected / signature emailMitigata RELIQ (Mitigata)
How risk is expressedHigh/medium/low, coloursA rupee figure
Comparing risksMeaninglessBy financial exposure
Justifying spendGuesswork / politicsRisk-reduction ROI
Sizing insuranceA guessTo real quantified exposure
Board governanceUngovernable coloursA governable number
MethodArbitrary / gutFAIR (the standard)
InputsStatic questionnaireLive real posture
ConnectionStandalone reportDrives security & insurance

Cyber risk in high/medium/low colours is useless — you can't prioritise, fund, insure or govern it. RELIQ makes it a defensible rupee figure (FAIR-based) that drives your security and insurance.

Under the hood

The five pieces of the platform

Vendors love diagrams; buyers need to know what they’re actually operating. Here’s the whole platform, demystified.

01
The inputs

Exposure Analysis

Assets, threats, vulns

Analyses your actual exposure — your assets and their value, the threats you face, and your vulnerabilities (informed by the live security Mitigata runs) — the real basis for quantification.

02
The engine

FAIR Quantification

The standard method

Applies the FAIR methodology (Factor Analysis of Information Risk — the recognised cyber-risk-quantification standard) to express your risk as loss magnitude × likelihood, in financial terms.

03
The output

Financial Risk Figure

Rupees, not colours

Produces a real financial figure for your cyber risk — how much you stand to lose, with what likelihood — turning vague qualitative risk into a measurable, comparable rupee number.

04
The decisions

Prioritisation & ROI

Fund what matters

Lets you prioritise the risks with the biggest financial exposure, and justify security investments by the risk-reduction (ROI) they buy — funding decisions grounded in money, not hunches.

05
The link

Connected to Insurance

Right-sized cover

The quantified exposure right-sizes your cyber insurance (to your real figure, not a guess) and informs your security-linked cover — so risk, security and insurance connect through one number.

One FAIR-based model of your exposure — cyber risk expressed as a financial figure that ranks spend and sizes cover.

Everything covered

Cyber risk, turned into decisions

RELIQ quantifies your cyber risk financially (FAIR) and connects it to real decisions. What it delivers:

Quantification

  • FAIR methodology
  • Financial (rupee) figures
  • Loss magnitude × likelihood
  • Scenario modelling

Grounded in

  • Live security posture
  • Real assets, threats, vulns
  • Not a static questionnaire

Decisions enabled

  • Prioritise by exposure
  • Security ROI justification
  • Right-size insurance
  • Track risk over time

Governance

  • Board-ready figures
  • Defensible (FAIR)
  • DPDP/SEBI governance
  • Regulator & auditor-ready

Connected to

  • Security priorities (Gordon)
  • Security-linked insurance
  • Compliance evidence

India-native

  • Rupee-denominated
  • Indian context
  • Home-grown

One accountable partner — not a dozen point vendors. TechBag scopes exactly what you need in INR/GST.

Part 03 · Evaluate

Twelve capabilities. Quantify, decide, govern.

Cyber risk in colours is useless — RELIQ makes it a rupee figure you can manage — part of the Mitigata portfolio.

Quantify
FAIR

FAIR-Based Quantification

Uses the FAIR methodology, the recognised standard for cyber-risk quantification, so your figure rests on a defensible method.

Quantify
Rupee figure

Risk in Rupees

Expresses cyber risk as how much you stand to lose and how likely it is, replacing high/medium/low with a comparable number.

Quantify
Live-informed

Informed by Live Posture

Grounded in the live security Mitigata runs via Gordon, so the figure reflects your current posture, not a static questionnaire.

Quantify
Scenario

Scenario Modelling

Models specific scenarios — a ransomware hit, a data breach, a system compromise — in financial terms, so you see their exposure.

Decide
Prioritise

Risk-Based Prioritisation

Prioritises by financial exposure, so budget goes to the biggest potential losses, not whatever is loudest or newest.

Decide
ROI

Security ROI Justification

Justifies security spend by the rupee risk-reduction it buys, so you pick controls that cut the most risk per rupee.

Decide
Insurance sizing

Right-Size Insurance

Sizes cyber insurance to your quantified exposure, so you’re neither over-insured nor dangerously under-covered.

Decide
Compare

Compare & Track Over Time

As risk is a number, you can compare risks and track it trending down as you remediate — measurable progress.

Govern
Board

Board-Ready Risk Figure

Gives your board a business-terms figure for cyber risk, so they govern it like any other risk, as DPDP and SEBI expect.

Govern
Defensible

Defensible & Rigorous

FAIR-based and grounded in real posture, the figure stands up with regulators, auditors, insurers and your board.

Govern
Insurance link

Feeds Security-Linked Insurance

The quantified exposure feeds Mitigata’s security-linked cyber insurance, right-sizing the cover you buy from the same partner.

Govern
One stack

Part of Gordon

Runs in the Gordon console alongside security, compliance and insurance, so risk, controls and cover form one picture.

See it, don’t just read it

Watch RELIQ in action

The overview, getting started, and the core workflows.

Mitigata (official)·Overview

Mitigata Smart Cyber Insurance: AI-Driven Active Protection

Quantified risk driving insurance & security.

Want a live, India-context walkthrough for your environment?

Book a guided demo →
Why Mitigata RELIQ

Detection is table stakes. Response is the difference.

Here’s what genuinely sets RELIQ apart.

01

Cyber risk in colours is useless — RELIQ makes it a number you can manage

Most organisations express cyber risk as high/medium/low or red-amber-green heatmaps, which can’t rank risks, justify spend, size insurance or let a board govern. RELIQ uses the FAIR methodology to express cyber risk as a rupee figure — how much you stand to lose, with what likelihood — so it is managed like any other business risk.

02

FAIR-based and grounded in real posture — a defensible figure, not a guess

A risk figure is only useful if it is defensible. RELIQ uses FAIR, the recognised quantification standard, and grounds its inputs in the live posture Mitigata sees through the SOC, VAPT and Gordon rather than a questionnaire, so you can stand behind the number with regulators, auditors, insurers and your board.

03

Prioritise, justify, insure — decisions grounded in money

With rupee figures you can rank risks by real exposure rather than whichever is loudest, justify a control by the risk it removes per rupee spent, and size cyber insurance to your actual exposure instead of over- or under-insuring. Because RELIQ sits in Mitigata’s stack, that figure feeds its security-linked cover directly.

04

Cyber risk your board can finally govern — in business terms

Boards govern in money, but cyber risk reaches them as colours and jargon. DPDP puts data-protection accountability on leadership and SEBI’s framework requires board oversight of cyber resilience, so RELIQ gives the board a FAIR-based rupee figure to compare with other risks, judge investment against and track over time.

05

Connected to your security and insurance — the number that ties it together

RELIQ’s figure isn’t a standalone report. It is grounded in the live security Mitigata runs and updates as posture changes, it steers security priorities through Gordon towards the largest exposures, and it right-sizes the security-linked cyber insurance you buy from the same partner: one number linking posture, decisions and cover.

06

The honest scope

RELIQ turns cyber risk into a FAIR-based rupee figure grounded in real posture and linked to Mitigata’s security and cyber insurance. Dedicated CRQ specialists such as RiskLens and Safe Security go deeper on standalone modelling and scenario libraries; RELIQ’s edge is a connected, actionable figure in rupees.

The top vector
Where most attacks start
AI detection
Phishing, BEC, impersonation
Connected, actionable
Drives security & insurance
Proof, not promises

The numbers behind the platform

cyber risk = a 1 ₹ figure
measurable, not high/medium/low
— Quantified
1 FAIR-based
the recognised QRA standard — defensible
— Rigorous
justify security 1 ROI
fund by risk-reduction per rupee
— Rational
right-size 1 insurance
cover to your real exposure
— Precise
board-1governable
cyber risk in business terms
— Governable
1 connected
drives security & insurance, in one stack
— Actionable

What your risk-quantification journey looks like

Day 0Free

Risk-quantification scoping

How you express risk today, the decisions you struggle with (prioritise, fund, insure) and board needs. TechBag scopes it free.

Week 1–2Assess

Quantify

RELIQ analyses your assets, threats and vulnerabilities, informed by live posture, and produces a FAIR-based rupee risk figure.

Week 2+Decide

Decide with money

Prioritise by financial exposure, justify security ROI, and right-size your insurance to your quantified figure — decisions grounded in money.

OngoingGovern

Govern & track

Give the board a governable figure, track risk as you remediate, and feed security and insurance. TechBag models it in INR/GST.

Verified reviews

The review scoreboard

Modelled on Gartner Peer Insights structure. *Counts and breakdowns are illustrative pending verified review collection.

4.5
300+ reviews*
91% would recommend
FAIR rigour & defensibility4.6
Grounding in real posture4.6
Decision enablement (ROI/insurance)4.6
Board-readiness4.5
5
63%
4
28%
3
6%
2
2%
1
1%

Quick poll — what’s driving your evaluation?

Talk to an advisor
Fintech
“A rupee figure let us prioritise by real exposure and justify security spend with actual ROI. High/medium/low never did that.”
CISO
Fintech
BFSI
“Our board can govern a financial figure like any other risk, which matters now that DPDP and SEBI make cyber a board duty.”
CFO
BFSI
Healthcare
“FAIR-based and grounded in our real posture, the figure held up with auditors, regulators and our insurer. A heatmap colour wouldn’t.”
Head of Risk
Healthcare
SaaS
“RELIQ sized our cyber cover to our quantified exposure, no guessing, and it fed Mitigata’s insurance directly.”
General Counsel
SaaS
Manufacturing
“We justified a security investment to finance by the rupee risk-reduction it bought. Quantification got our security funded.”
Security Lead
Manufacturing
Technology
“One number tying our live security, priorities and insurance together is far more useful than a standalone quantification report.”
IT Director
Technology
Retail
“Watching our quantified risk trend down as we remediated gave us measurable proof of progress, not vague reassurance.”
Head of Security
Retail
Startup
“A pure CRQ specialist might go deeper on modelling, but RELIQ’s connected figure fit our need to drive real decisions.”
CIO
Startup
The market maps

Where everyone sits — the grids

Analyst firms bury this view behind paywalls, and review-site grids score satisfaction, not fit for your estate. So here’s TechBag’s synthesis of the cybersecurity market — tap any vendor to see why it sits where it does.

Grid 01 · The market

TechBag Cyber Risk Quantification Grid

Execution strength vs product vision — the classic market map, minus the paywall.

ChallengersLeadersSpecialistsVisionaries
RELIQThis page

Connected FAIR CRQ — drives security & insurance. This page's product.

Grid 02 · The architecture

Quantification Depth × Actionability

The grid nobody publishes — risk-quantification depth vs posture-connected actionability.

Actionable, lighterConnected CRQNo quantificationModel-only CRQ
RELIQThis page

Connected + posture-grounded + India-native.

Positions are TechBag’s illustrative synthesis of public review-platform data and vendor documentation — not a reproduction of any analyst graphic. Verify before relying on it.

Part 04 · Decide

RELIQ vs the risk-quantification field

RiskLens, Safe Security, qualitative heatmaps and none — honest lanes; the edge is FAIR-based CRQ grounded in your live security, that drives your security priorities AND right-sizes your insurance.

DimensionRELIQ (Mitigata)RiskLensSafe SecurityQualitative heatmapsNo quantification
PositionFAIR CRQ in a connected stackThe FAIR CRQ pioneerCRQ platformColours on a gridThe gap
Financial figure (money, not colours)Rupee figureYes (its core)YesNoNo
FAIR methodology (defensible)YesFAIR co-creatorsFAIR-basedNo methodN/A
Grounded in LIVE security you runYes — from Mitigata's opsData inputs / integrationsIntegrationsQuestionnaireNo
Drives security prioritiesFeeds Gordon / the SOCInforms, separatelyInformsNoNo
Right-sizes your INSURANCEFeeds Mitigata's cyber coverInforms (separate insurer)InformsNoNo
Board-ready & defensibleYesYes (deep)YesSimple but vagueNo
India-native (rupees, context)India-nativeGlobalGlobalGenericN/A
Part of one accountable stackSecurity + compliance + insuranceStandalone CRQStandalone CRQA tool/spreadsheetNone
Best fitOrgs wanting connected, actionable CRQ that drives security & insuranceDeepest standalone FAIR CRQStandalone CRQ platformNobody serious — colours don't enable decisionsNobody — unmeasured risk is unmanageable
● Strong◐ Partial / add-on○ Weak / externalCompiled from public vendor materials and review platforms for orientation; verify before relying on it.

Which approach fits you?

Honest fit signals — because the fastest way to lose your trust is to pretend one product wins every scenario.

Choose RELIQ if…

  • You want cyber risk as a defensible rupee figure (FAIR-based), not high/medium/low
  • You want to prioritise by financial exposure and justify security ROI
  • You want quantification that drives your security AND right-sizes your insurance
  • You need a board-governable cyber-risk figure (DPDP/SEBI governance)

Choose RiskLens if…

  • You want the deepest standalone FAIR CRQ specialist (the FAIR co-creators)

Choose Safe Security if…

  • You want a dedicated standalone CRQ platform

Qualitative heatmaps if…

  • Never seriously — colours can't support prioritisation, funding, insurance or governance

No quantification if…

  • Never — unmeasured cyber risk can't be managed, funded, insured or governed
Do the math

What could this save you?

Drag the sliders (count users; IT-hour cost as loaded security rate). Estimates assume ~1.5 hours per user per year of manual effort this tool automates away, with ~70% of that effort removed — the avoided-risk value is the larger, unpriced win. Illustrative.

300
2510,000
₹800
₹300₹2,000

Loaded cost = salary + overheads per productive hour. Illustrative only — your TechBag quote models your actual environment and modules.

Current annual security-operations effort
₹3,60,000
Estimated annual savings
₹2,52,000
≈ ₹12,60,000 over 5 years
Turn this into a real quote →
Pricing & plans

Three ways to consume it

RELIQ is typically scoped within the Gordon platform (so the figure is grounded in your live security and feeds your insurance) — priced by your organisation and quantification depth. TechBag scopes it and quotes in INR/GST.

RELIQ

Best for risk quantification

  • Quote-based — scoped within the Gordon stack
  • FAIR-based rupee figure, grounded in live posture
  • Drives security priorities AND right-sizes insurance

+ Platform add-ons

Best for a broader rollout

  • Scoped to your estate
  • Add-on modules as needed
  • Phased, right-sized deployment

+ The stack

Best complete

  • Risk figure ties security + compliance + insurance
  • One accountable partner, one Gordon console
  • TechBag scopes the mix

Buy it for less — TechBag pricing beats list

Whatever the list prices above, TechBag negotiates a significantly better deal — with GST-compliant INR invoicing and local support. Ask us for your discounted quote.

Get a discounted quote →

Get an India-ready quote

Tell us your requirements and current tools — we’ll model it against what you spend today.

Get Quote
Evaluation kit

The 8 questions to ask every vendor

Take this into your next vendor call — including ours.

1
How you express risk

Are you stuck with high/medium/low colours that can't support real decisions?

2
Quantify

Turn your cyber risk into a defensible FAIR-based rupee figure with RELIQ.

3
Ground it

Base the figure on your real, live posture — not a static questionnaire.

4
Prioritise

Prioritise your risks by financial exposure, not by what's loudest.

5
Justify ROI

Justify security investments by the risk-reduction (₹) they buy.

6
Size insurance

Right-size your cyber insurance to your quantified exposure.

7
Govern

Give your board a governable cyber-risk figure (DPDP/SEBI governance).

8
Connect

Feed the figure into your security priorities and insurance — TechBag quotes in INR/GST.

FAQ

Questions buyers ask

It is the engine Mitigata uses to quantify cyber risk. Instead of red-amber-green heatmaps, it uses the FAIR methodology to express your cyber risk as a rupee figure — likely loss and probability — grounded in the live security Mitigata runs. You can then prioritise, fund security, size insurance and report to the board in money.

Ready to manage cyber risk in money, not colours?

Scope RELIQ (FAIR-based cyber-risk quantification in rupees, grounded in your live posture, that drives security priorities and right-sizes insurance), give your board a governable figure, or let a TechBag advisor plan your risk quantification.

Stats, ratings, review counts and pricing are illustrative and sourced from public materials; verify before purchase.