Frost & Sullivan's technology innovation leadership recognizes companies that lead the development and successful introduction of high-tech solutions to customers' most pressing needs, altering the industry or business landscape in the process.
SINGAPORE and TOKYO, Sept. 16, 2020 /PRNewswire-PRWeb/ -- CYFIRMA, a threat discovery and cyber-intelligence platform company, funded by Goldman Sachs, Zodius Capital, and Z3Partners today announced it has been recognized by Frost & Sullivan, a leader in global business consulting, research, analysis and growth strategy, as 2020 Best Practice awardee for Cyber Intelligence Technology Innovation Leadership in APAC.
Frost & Sullivan's technology innovation leadership recognizes companies that lead the development and successful introduction of high-tech solutions to customers' most pressing needs, altering the industry or business landscape in the process. These companies hold the potential to shape the future of technology and create change at scale.
Frost & Sullivan's stringent evaluation criteria consist of two key factors – technology leverage and business impact. Technology leverage criteria include assessing the degree of innovation, creativity, technology incubation, commercialization, and application diversity. Business impact criteria cover financial performance, customer acquisition, operational efficiency, growth potential, and human capital.
"Aiming to enhance customers' visibility into potential security threats, CYFIRMA provides a cloud-based threat cyber-intelligence platform that enhances customers' understanding of the external threat environment. This includes areas in which cybercrimes typically originate, such as the dark web as well as hacker forums and communities. As a pioneer in cyber intelligence in Asia-Pacific, CYFIRMA demonstrates a commitment to innovation in the market. Compared to traditional cyber-intelligence platforms, the company's AI-enabled threat analytics platform collects, and analyses structured and unstructured data from various sources and converts that to actionable insights. CYFIRMA's customers indicate satisfaction with its customized threat analytics solutions, timely support, and better visibility over their threat landscape," wrote Amy Lin, Industry Analyst, Asia-Pacific Cybersecurity Practice, Frost & Sullivan, in her award citation.
CYFIRMA's cloud-based, AI-powered cybersecurity platform, DeCYFIR, is designed to empower businesses with the ability to discover threats from the deepest trenches in cyberspace, decode signals from noise to gain useful insights, and apply remedial actions against cyber criminals before an actual attack occurs.
With the DeCYFIR platform, businesses identify potential threats at the early planning stage of cyberattacks. DeCYFIR redefines quality cyber-intelligence in its unique ability to provide all three layers of insights (strategic, management and tactical). When the insights are harnessed in totality, business leaders can make accurate decisions and direct scarce cybersecurity resources to mitigate risks according to threat severity.
"Disruption is part of the digital new normal and we have designed DeCYFIR to help the cybersecurity industry shift away from the traditional mindset of event-based approach to an intelligence-driven one. We are strong advocates of the 'outside-in' approach where cyber insights, signals, and external threat intelligence must be personalized and predictive for businesses to build more effective cybersecurity strategies," said Kumar Ritesh, Founder and CEO, CYFIRMA. "We are excited to be part of Frost & Sullivan's highly revered honor roll of technology innovators and this award validates our flagship product, DeCYFIR's power to serve a growing market of digitally-enabled businesses."
Headquartered in Singapore and Tokyo, CYFIRMA is a leading threat discovery and cybersecurity platform company. Its cloud-based AI and ML-powered cyber intelligence analytics platform helps organizations proactively identify potential threats at the planning stage of cyberattacks, offers deep insights into their cyber landscape, and amplifies preparedness by keeping the organization's cybersecurity posture up-to-date, resilient, and ready against upcoming attacks.
CYFIRMA works with many Fortune 500 companies. The company has offices and teams located in Singapore, Japan, and India.