Name

SBS CyberSecurity, LLC

Legal name

SBS CyberSecurity, LLC

Website

https://sbscyber.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Cybersecurity Consulting and GRC Software

NAICS

Computer Systems Design and Related Services (54151)

akta.pro primary industry

Compliance Technology, GRC Platforms & Controls Automation Advisory (BPAHAFAO)

akta.pro secondary industries

Privacy, Data Protection & Cyber Governance (GRC) (BPAHAFAF), Governance, Risk & Compliance (GRC) Advisory & Assessments (BPAKAHAH), Policy & Compliance Management (HDADAIAB), Audit Management (HDADAIAF), Security Awareness, Training & Compliance Attestation (HDADAIAJ)

Keywords

• Cybersecurity consulting
• GRC platform software
• Banking security audits
• Penetration testing services
• Cybersecurity certifications training

Headquarters

HQ city

Madison

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Others

Revenue model

1. TRAC GRC SaaS Subscription: Cloud-based GRC platform sold as subscription with free trial and multiple service tiers. Revenue from software licensing and platform access.
2. Cybersecurity Consulting & Advisory Services: Professional services including Virtual CISO, Virtual Chief AI Officer, Cybersecurity Advisory, Vendor Management as a Service, Incident Response Planning, Business Continuity Planning, and Cybersecurity Maturity Assessment.
3. Cybersecurity Auditing Services: Audit services including IT Audit, Network Security Audit, ACH Audit, HIPAA Security Audit, NIST Assessment, and CMMC Readiness for regulated industries.
4. Network Security Testing Services: Technical testing services including Penetration Testing, Red Teaming, Purple Teaming, Vulnerability Assessment, Cloud Security Assessment, Microsoft 365 Security Assessment, and Social Engineering assessments.
5. SBS Institute Education & Certifications: Certification programs (10+ courses), webinar bundles, and membership program ($199/year) offering discounts on certifications ($100 off) and webinars ($50 off), plus access to recorded content. Complimentary membership automatically granted to certification holders.
6. Converge Cyber + AI Conference: Annual in-person conference with registration fee ($599 per person) featuring sessions, AI labs, capture-the-flag tournament, workshops, and panels.
7. KnowBe4 Phishing Simulations: Reseller/partnership arrangement for KnowBe4 simulated phishing platform integrated into security awareness training offerings.

Pricing tiers

Go-to-market motion4 records

Distribution channels7 records

Marketing channels10 records

Core offering

SBS CyberSecurity provides cybersecurity consulting, auditing, and testing services to financial institutions and regulated organizations, anchored by its proprietary cloud-based TRAC GRC (Governance, Risk, and Compliance) platform used by 1,500+ organizations. The firm offers Virtual CISO, Virtual Chief AI Officer, penetration testing, incident response, ACH/HIPAA/NIST/CMMC audits, security awareness training, and an education division (SBS Institute) delivering 10+ role-based certifications for banking and regulated industry professionals.

Product overview

SBS CyberSecurity, LLC is a cybersecurity consulting and solutions company offering a platform-plus-modules architecture centered around its TRAC GRC (Governance, Risk, and Compliance) platform. TRAC automates risk assessment processes and delivers customized results aligned with regulations and best practices. The company complements its technology platform with extensive professional services including Virtual CISO, Virtual Chief AI Officer, penetration testing, incident response planning, compliance audits (ACH, HIPAA, NIST, CMMC), and security awareness training. The SBS Institute education division provides over 2,500 industry-specific certifications for banking professionals. Additional offerings include the AI Peer Group for collaborative AI governance, the Converge Lab Podcast, and the inaugural Converge Cyber + AI Conference scheduled for October 2026. The company serves financial institutions, healthcare organizations, government contractors, and other regulated industries with a team presence across 25 states.

Differentiator

Problem solved

Functional benefit

Brands

• TRAC: A powerful GRC (Governance, Risk, and Compliance) platform that automates risk assessment processes and delivers customized results aligned with regulations and best practices.
• SBS Institute
• Converge Lab
• Hacker Hour

Products and services

• TRAC GRC Platform Cloud-based Governance, Risk, and Compliance SaaS platform that automates risk assessments, vendor management, business continuity, compliance mapping (NIST, CMMC, FDIC Reg A-Z, FDIC InTREx, Bank Secrecy Act, CRI Profile), internal audit, IT asset management, and action tracking for regulated organizations.
• Virtual CISO Virtual Chief Information Security Officer advisory service providing cybersecurity leadership and strategy at three service levels to enhance organizational cybersecurity posture.
• Virtual Chief AI Officer (vCAIO) Strategic advisory service that helps financial institutions adopt AI responsibly through a structured 10-step process covering AI team building, current AI use mapping, strategic roadmap creation, and staff training.
• Penetration Testing Ethical hacking services simulating real-world attacks to identify security vulnerabilities across networks, systems, and applications before malicious actors can exploit them.
• Red Teaming Offensive security testing simulating real-world adversarial attacks to expose security weaknesses in organizational defenses.
• Purple Teaming Collaborative security testing combining red team offensive tactics with blue team defensive responses to improve overall security posture.
• Vulnerability Assessment Systematic identification and evaluation of security vulnerabilities across networks, systems, and applications.
• Cloud Security Assessment Assessment service identifying security vulnerabilities and compliance gaps in cloud infrastructure and services.
• Microsoft 365 Security Assessment Security assessment evaluating Microsoft 365 environments for configuration weaknesses, security gaps, and hardening requirements.
• Social Engineering Services
• Incident Response Planning Development and planning of comprehensive incident response plans to handle cybersecurity incidents effectively.
• Incident Readiness Assessment Service evaluating organizational preparedness for cybersecurity incidents and testing incident response capabilities.
• Tabletop Exercises Facilitated exercises testing organizational incident response plans through simulated scenarios and team discussions.
• Business Continuity Planning Service developing strategies and plans to maintain organizational operations during and after disruptions.
• Vendor Management as a Service Outsourced vendor management service handling administrative tasks, risk assessments, and ongoing monitoring of third-party vendors.
• Cybersecurity Advisory Strategic advisory service providing expert guidance on cybersecurity programs, risk management, and regulatory compliance.
• Cybersecurity Maturity Assessment Assessment service evaluating organizational cybersecurity maturity levels against industry frameworks and best practices.
• IT Audit Comprehensive audit of information technology systems, controls, and infrastructure for compliance and security.
• Network Security Audit Audit service evaluating network infrastructure security, configurations, and controls.
• ACH Audit Compliance audit service ensuring adherence to ACH rules and regulations for financial institutions.
• HIPAA Security Audit Audit service evaluating HIPAA security rule compliance for healthcare organizations and their business associates.
• NIST Assessment Assessment service evaluating organizational alignment with NIST Cybersecurity Framework requirements.
• CMMC Readiness Preparation service helping organizations achieve Cybersecurity Maturity Model Certification compliance for DoD contractors.
• Security Awareness Training Employee cybersecurity training programs designed to build security awareness and reduce human-based security risks.
• ACH Fraud Detection (Verify) Fraud detection solution specifically designed to identify and prevent fraudulent ACH transactions, protecting financial institutions from payment fraud.
• KnowBe4 Simulated Phishing Phishing simulation platform integrated with security awareness training to test and educate employees on recognizing phishing attacks and social engineering tactics, delivered through a KnowBe4 reseller arrangement.
• SBS Institute Certification Programs Industry-specific cybersecurity certification programs for banking and regulated industry professionals, including Certified Banking Security Manager, Certified Banking Cybersecurity Manager, Certified Banking AI Strategist, Certified Banking Security Executive, Certified Banking Ethical Hacker, Certified Banking Vulnerability Assessor, Certified Banking Vendor Manager, Certified Banking Business Continuity Professional, Certified Banking Security Technology Professional, and Certified TRAC Professional.
• Hacker Hour Webinar Series Free monthly interactive cybersecurity webinar series with 500+ monthly registrants offering practical training, Q&A sessions, and topical content for IT and security professionals.
• Topical Webinars (SBS Institute) Paid topical webinars on specific cybersecurity topics (e.g., Microsoft 365 security, AI governance, incident response) offered individually or as bundles, with discounts for SBS Institute members.
• Converge Cyber + AI Conference Annual cybersecurity and AI conference featuring 23 sessions across governance, technical, and AI tracks, AI labs, live capture-the-flag tournament, workshops, and panels on cyber governance, deepfake fraud, and AI governance, designed for security and technology leaders at financial institutions.

Quantifiable outcome

• 2,500+ cybersecurity certifications issued to professionals
• +4 more outcomes

Named customers3 records

Segments8 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability9 records

Feature7 records

Partnerships

Four partnerships are on record, tiered core and minor.

• A midsize community bank in Madison, South DakotacoreStrategic or Co-development Partner · 30 October 2025Community bank partnered with SBS CyberSecurity to implement a Virtual Chief AI Officer (vCAIO) service to guide AI adoption and governance. Through a structured 10-step process, SBS will guide the institution in building an internal AI team, mapping current AI use, creating strategic roadmaps, and providing staff training. The partnership aims to improve operational efficiency, establish governance, and ensure responsible AI use amid increasing industry adoption.
• KnowBe4minorChannel Partner/ Reseller/ DistributorSBS CyberSecurity resells and implements KnowBe4's simulated phishing platform as part of its security awareness training offerings, listed under products on the company website.
• State Banking Associations (30+ states)coreChannel Partner/ Reseller/ DistributorSBS Institute holds State Association partnerships in over 30 states, enabling distribution of certification programs and educational content to banks and credit unions through state-level banking associations.
• Brent Robertson / Be GenerativeminorImplementation/ SI/ Consulting PartnerBrent Robertson from Be Generative delivered a keynote session on generative conversations at SBS's February 2026 annual company retreat in Sioux Falls, SD, exploring how intentional communication can drive stronger outcomes.

Scale indicators7 records

Recent moves11 records

Expansion highlights5 records

Direct peers

• Schneider Downs: Schneider Downs provides IT audit, cybersecurity advisory, and risk consulting with deep financial-services exposure. Direct peer to SBS in audit, advisory, and risk services for banks and credit unions.
• Doeren Mayhew: Doeren Mayhew's cybersecurity practice provides IT audits, penetration testing, and regulatory compliance services to community banks and credit unions. Direct peer to SBS in banking-focused cybersecurity advisory and audit.
• A-LIGN: A-LIGN is a cybersecurity and compliance audit firm (SOC 2, ISO 27001, HITRUST, PCI, FedRAMP) with a managed GRC platform (A-LIGN ASSURANCE). Comparable to SBS in combining audit services with a proprietary GRC technology offering.
• Coalfire: Coalfire is a cybersecurity advisory and assessment firm specializing in compliance (FedRAMP, HITRUST, PCI, CMMC) for regulated industries. It is directly comparable to SBS in delivering audits, penetration testing, and advisory to regulated clients.
• Wolf & Company: Wolf & Company is a CPA and advisory firm with a dedicated IT assurance and cybersecurity practice serving community banks and credit unions. Closely comparable to SBS's banking-focused audit and advisory positioning.
• Sikich: Sikich is a professional services firm offering IT risk, cybersecurity, and compliance services with a strong community-bank and credit-union practice. Comparable to SBS as a mid-sized advisory competitor serving regulated financial institutions.
• Schellman: Schellman is a top-tier IT audit and cybersecurity assessment firm offering SOC 2, ISO 27001, PCI, FedRAMP, and HITRUST. Direct peer to SBS for regulated cybersecurity audits and advisory.

Broad incumbents

• Optiv: Optiv is a large cybersecurity solutions integrator offering advisory, managed security, and risk services across industries. Comparable as a broader incumbent operating in the same GRC/cybersecurity advisory space SBS serves for regulated financial institutions.

Emerging players

• Vanta: Vanta is a leading automated compliance and GRC platform expanding into frameworks relevant to financial services. Comparable to TRAC as an automated GRC platform, but more broadly horizontal and venture-backed rather than banking-specialized.
• Drata: Drata provides automated compliance monitoring and GRC capabilities (SOC 2, ISO 27001, HIPAA, PCI). Comparable to TRAC's automation orientation, though not banking-specialized.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/sbscyber
• YouTubeyoutube.com/@sbscyber
• Facebookfacebook.com/trustSBS
• LinkedInlinkedin.com/company/sbs-cybersecurity

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SBS CyberSecurity, LLC