SAN FRANCISCO, Jan. 18, 2018 (GLOBE NEWSWIRE) -- RiskIQ, the leader in digital threat management, today announced that it has been named Technology Leader and a 2017 Value Leader by analyst firm Enterprise Management Associates (EMA) in the EMA Radar™ for Digital Threat Intelligence Management: Q4 2017 Report. The report evaluates threat intelligence management providers by their solution impact and deployment cost efficiency, with RiskIQ ranking as exceptional in both categories. RiskIQ was the only Technology Leader to be named by EMA, selected for its completeness of vision and its ability to safeguard that vision as it develops its platform to combat a new generation of threats in the digital marketplace.
According to EMA, “By applying correlation models, RiskIQ provides derived data in the form of blacklists and external asset insights. This highly-enriched metadata intelligence saves analysts considerable time…By engaging RiskIQ, [customers] were able to turn their cyber-risk management program[s] around, moving from spending between 80 percent and 90 percent of the team’s time gathering data to 90 percent or greater on actual analysis and response actions.”
Enterprise leaders know that the need for effective digital threat management has never been greater. Companies are adopting digital transformation strategies, taking on more risk than ever with the Internet of Things (IoT), online services and solutions, and strategic partnerships to fuel business growth. The biggest risk in transformation strategies is how quickly they occur, and most security stacks are not built to address them at the speed of business.
Online crime, state-sponsored, and hacktivist threats will continue to explode. In fact, analysts believe that 2018 will be a watershed year for state-sponsored attacks, with multiple high-profile cyber breaches likely occurring as a result. By 2020, the average cost of a cyber breach incident will soar to $150 million, up 3,947 percent from today’s average cost of $3.8 million, according to Juniper Research and Microsoft.
These digital threats can include unknown or fraudulent business assets, created to look legitimate, that could negatively impact customers-- including mobile apps that have been compromised to distribute malware, domain and brand infringement, unknown and unmonitored web properties and systems, and imposter media accounts, among others.
To combat them, using a largely proprietary online data warehouse, the RiskIQ Digital Threat Management Platform aggregates and analyzes the entire web, correlates it with all of the main intelligence feeds and open source markets, and provides a complete picture of a company’s digital assets. By using RiskIQ's task-driven web applications, organizations can optimize data use across teams for incident response, SOC, and vulnerability analysis. The report also cited RiskIQ’s mature API and built-in integrations for their ability to augment internal security telemetry with external threat context.
“There are two primary reasons organizations have digital programs: to increase business efficiencies and reach more customers. But there are risks they often don’t consider. Cybercriminals creating or attacking assets that defenders don't know about is an all too common thread in today’s digital world,” said Jason Zann, RiskIQ’s head of platform. “RiskIQ was built to identify, interact, and surface threats that relate specifically to these two business goals. We are the marque solution in finding and organizing what digital assets organizations don't know, across web, mobile, social, and IoT, and determining if they are under their control. We are honored to be recognized by EMA for both our value and technological leadership in the space.”
The RiskIQ section of the EMA Radar report is available for download on the company’s website. Also, register for the EMA-RiskIQ joint webinar on Thursday, Feb. 8 at 2 p.m. PST, “Investing in Digital Threat Intelligence Management to Protect Your Assets Outside the Firewall,” featuring EMA Managing Research Director David Monahan and RiskIQ VP of Product Brandon Dixon here.
To learn more, view RiskIQ’s customer success stories from major brands, such as Facebook, Rackspace, DocuSign, and others.
About RiskIQ
RiskIQ is the leader in digital threat management, providing the most comprehensive discovery, intelligence, and mitigation of threats associated with an organization’s digital presence. With more than 75 percent of attacks originating outside the firewall, RiskIQ allows enterprises to gain unified insight and control over web, social, and mobile exposures. Trusted by thousands of security analysts, RiskIQ’s platform combines advanced internet data reconnaissance and analytics to expedite investigations, understand digital attack surfaces, assess risk, and take action to protect business, brand, and customers. Based in San Francisco, the company is backed by Summit Partners, Battery Ventures, Georgian Partners, and MassMutual Ventures.
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Alyssa Pallotti
Montner Tech PR
apallotti@montner.com
203-226-9290