ServiceNow, Accenture AI: Cyber Risk Management Solution

ServiceNow and Accenture have launched a new offering to help organizations modernize risk management and move to AI solutions. This collaboration includes managed security services built on the ServiceNow AI Platform. What's interesting is an Accenture-developed AI tool will automate the shift from older technologies. The companies say this initiative addresses the growing financial and operational challenges from cyberattacks. They cite data showing the average cost of a data breach in the US could reach over $10 million per incident in 2025. This is a 9% increase year-on-year. The organizations note that faster AI-driven attacks and reduced response times make modernizing risk management urgent. The new services aim to provide integrated risk management across the enterprise, using AI agents to monitor risk and automate vendor lifecycle management. This helps consolidate risk information within the ServiceNow AI Platform. The offering also covers operational technology risk management, aiming to unify IT and OT risk. This improves detection and supports deployments in industrial and critical infrastructure. Additionally, it features proactive risk management and compliance monitoring, with AI agents responding to regulatory changes to help organizations take preventative action. This collaboration aims to simplify security operations and improve resilience.