2023

Verimatrix XTD: Trailblazing Cybersecurity for Mobile Apps

Entrant Company

Verimatrix

Category

Information Technology - Cyber Security

Client's Name

Verimatrix

Country / Region

United States

Verimatrix Extended Threat Defense (XTD) enables mobile app developers to harness the latest protections against hackers seeking to use the mobile app as a pathway into the enterprise itself. Verimatrix XTD enables app developers to proactively and intelligently secure their enterprise from the fastest-growing threat vector — mobile. More than 75% of apps and devices remain unprotected and vulnerable to attack, and organizations lost a significant sum to cybercrime in 2022.

Despite substantial financial losses, many of the world's countless devices that connect to enterprise data remain vulnerable to exploitation. Malicious actors are now targeting unmanaged devices to infiltrate an organization's IT infrastructure and wreak untold havoc. It only takes one compromised device connected to a mobile app to:

• Allow malicious actors to attempt to steal a company's sensitive data
• Infiltrate the IT infrastructure
• Access sensitive corporate or personal information to hold it for ransom
• Even the largest organizations in the world are susceptible to leaking sensitive data and jeopardizing the lives of millions of customers. Following a cyberattack, public companies lose an average of 8.4% of their value, as market confidence is impacted by negative perception.

The SaaS-based Verimatrix XTD service stands as an innovative and comprehensive answer to unprotected mobile apps, as it extends beyond existing MTD and EDR security to protect against threats from unmanaged devices. Powered by AI/ML, it detects and responds to threats before an enterprise is compromised.

Specifically:

Prevent - Start with RASP and shielding to create bulletproof apps.
Detect - Monitor and detect attacks, anomalies, and suspicious behavior.
Respond - Receive guidance for mitigating threats and apply countermeasures.
Predict - Actionable threat intelligence to prepare for future attacks.
While many organizations have some form of cybersecurity protection for their managed devices (employee devices), XTD is one of the only cybersecurity solutions to address multi-vector threats stemming from unmanaged (consumer) mobile devices. As the number of mobile apps grows, so do attack surfaces. Hackers take advantage of vulnerabilities in connected apps to infiltrate IT infrastructure and deploy threats, including phishing, ransomware, and zero-day attacks.

 
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Country / Region

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