Latest news with #LogicGate

Associated Press
23-05-2025
- Business
- Associated Press
LogicGate Named Winner of the ISACA Innovative Solutions Award for the Organization's AI Governance Solution
The industry-recognized solution helps enterprises better govern and manage the implementation and usage of AI technology throughout the entirety of their organizations. CHICAGO, May 23, 2025 /PRNewswire/ -- LogicGate, the modern, enterprise-grade provider of governance, risk, and compliance (GRC) solutions, today announced its AI Governance Solution was recognized for the prestigious ISACA Innovative Solutions Award. The industry accolade honors LogicGate for its groundbreaking AI Governance Solution, designed to empower safe innovation, accelerate business growth, and enable organizations to navigate the complexities of artificial intelligence responsibly. The ISACA Innovative Solutions Award acknowledges individuals or organizations that have developed or utilized technology to solve significant business or societal challenges. Judging criteria include the innovative use or development of new technology, promotion of ISACA's core domains, impact and global reach of the solution, and the quality of the nomination. 'LogicGate's AI Governance Solution is not just another tool in the GRC space—it is essential to reshaping how organizations approach AI governance,' said Matt Kunkel, Co-Founder and CEO at LogicGate. 'With the rapid evolution and widespread adoption of AI, particularly generative AI, every industry is confronted with the challenge of governing the use of this technology and its various applications. Our approach was to create a prescriptive yet flexible AI governance framework that enterprises could easily adopt and tailor to their unique AI guidelines and requirements.' As AI technologies become increasingly integral to business operations, the necessity for robust AI governance has become paramount. Recent research by OCEG on the 'Use of AI for GRC' found that while 82% of respondents agree or strongly agree they must adopt generative AI, only 12% reported having a documented AI Governance plan in place. This highlights a critical gap that LogicGate's AI Governance Solution aims to address. LogicGate's AI Governance Solution provides a comprehensive set of workflows to ensure AI initiatives are transparent, accountable, and aligned with regulatory standards. The solution includes centralized use case management, cyber risk assessments, policy management, controls compliance, and third-party AI risk oversight, all within an easy-to-use platform. This holistic approach bridges the growing gap between GRC and AI, enabling organizations to confidently harness the power of AI while safeguarding against unintended consequences. 'A key differentiator of LogicGate's AI Governance Solution is its integration with the full spectrum of governance, risk, compliance, and cybersecurity programs,' said Jon Siegler, Co-Founder and Chief Product Officer at LogicGate. 'This integration ensures that AI governance processes are seamlessly incorporated into cyber risk management, third-party risk management, policy management, and controls management.' Specifically, LogicGate's AI Governance Solution enables organizations to: LogicGate, along with other award recipients of the 2025 Global Achievement Awards, Chapter Awards, Certification Exam Top Scores, and the 2025 class of the Hall of Fame were recognized at the ISACA Awards Celebration in Orlando, Florida, during ISACA's 2025 North America Conference. To view the full list of award recipients, visit About LogicGate LogicGate® is a global, market-leading SaaS company empowering customers to effectively manage and scale their cyber risk and control, third-party risk management, controls compliance, enterprise risk, and operational resilience programs. Recognized as one of four leading global GRC platforms, Risk Cloud® is built with usability in mind, including a no-code interface and graph-database management making the technology flexible, agile and scalable to support various levels of GRC maturity and bolster business outcomes. With an unwavering commitment to fostering business resilience in dynamic landscapes, LogicGate empowers customers to quantify risk, strengthen their security posture, and have visibility into information to create strategic advantages and support business objectives. Learn more about LogicGate's solutions by visiting or LinkedIn. View original content to download multimedia: SOURCE LogicGate

Associated Press
12-05-2025
- Business
- Associated Press
LogicGate Appoints Diego Panama as President and Chief Operating Officer to Fuel Next Phase of Company Growth
New hire aims to accelerate growth and scale operations as regulatory and economic realities make GRC increasingly essential. CHICAGO, May 12, 2025 /PRNewswire/ -- LogicGate, the modern, enterprise-grade provider of governance, risk, and compliance (GRC) solutions, today announced the appointment of Diego Panama as its new President & Chief Operating Officer. This strategic hire follows a comprehensive search and underscores LogicGate's commitment to its values and culture while highlighting the company's ongoing efforts to scale operations and accelerate growth amid the rapidly evolving GRC market. Panama brings a wealth of experience in accelerating both high-growth startups and enterprise organizations, holding complex strategic roles across product and go-to-market functions, including sales, customer success, and operations. His proven track record of building results-driven teams and executing successful growth strategies will be instrumental in LogicGate's next phase of expansion. 'We are thrilled to welcome Diego to the LogicGate team,' said Matt Kunkel, CEO of LogicGate. 'His extensive experience in scaling SaaS businesses, coupled with his deep understanding of both product and go-to-market strategies, makes him the ideal leader to help us execute our ambitious growth plans. Diego's proven track record of developing strong teams, championing company culture, and delivering exceptional customer value aligns directly with our core mission.' Most recently, Panama served as Chief Revenue Officer at Olo, where he oversaw sales, marketing, customer experience, and partnerships during a period of significant growth. Under his leadership, Olo, a company focused on empowering restaurants through digital transformation, accelerated growth to reach $284 million in revenue. Prior to Olo, Panama played a pivotal role in the remarkable expansion of LiveRamp, helping to scale the company from under $20 million to over $500 million in revenue, and contributing to its 2018 IPO. As Chief Commercial Officer at LiveRamp, he led sales and customer success, driving similar enterprise-focused growth. Panama also spent several years in Microsoft's product organization, providing him with a unique foundation in product strategy that will inform his go-to-market approach and enhance the overall customer experience at LogicGate. 'I am incredibly excited to join LogicGate at this pivotal time in the company's journey,' said Panama. 'LogicGate's unwavering commitment to its customers, demonstrated industry innovation, and continuous investment in its people are just a few of the driving forces behind the brand's leadership position in the GRC space. I look forward to working alongside our talented teams to build upon the foundation that has already been laid, scale our operations, and deliver even greater value to our customers as we embark on this next phase of growth.' Panama will report to CEO, Matt Kunkel, and oversee the go-to-market, and product and technology functions for the organization. About LogicGate LogicGate® is a global, market-leading SaaS company empowering customers to effectively manage and scale their cyber risk and control, third-party risk management, compliance controls, enterprise risk, and operational resilience programs. Recognized as one of four leading global GRC platforms, Risk Cloud® is built with usability in mind, including a no-code interface and graph-database management making the technology flexible, agile and scalable to support various levels of GRC maturity and bolster business outcomes. With an unwavering commitment to fostering business resilience in dynamic landscapes, LogicGate empowers customers to quantify risk, strengthen their security posture, and have visibility into information to create strategic advantages and support business objectives. Learn more about LogicGate's solutions by visiting or LinkedIn. View original content to download multimedia: SOURCE LogicGate