Valence Security (known in the transcript as 'BIC', 'BAIC', 'BIX', and 'VALIC' due to transcription errors) is a cybersecurity software vendor specializing in automated cyber risk quantification and management. Its main focus is helping organizations translate complex cyber risks into actionable business insights, offering a software-as-a-service platform that automates continuous risk assessment, asset inventory, risk-based vulnerability management, and decision support for remediation actions. The platform leverages internal organizational data and global threat intelligence to model and quantify risk exposure in monetary terms, making it easier for security, business, and executive stakeholders to align on priorities and investments.