MORPHISEC Surpasses 2 Million Endpoints DEPLOYED
Morphisec Doubles Installed Base in Less Than Five Months Fueled by Massive Demand for Proactive Advanced Threat Prevention
BE’ER SHEVA, ISRAEL and BOSTON, MA – December 5, 2018 – Morphisec, the leader in Moving Target Defense, today announced that it passed another major milestone, deploying its Endpoint Threat Prevention platform on more than two million endpoints worldwide. This announcement comes just five months after the company hit its one million endpoint milestone, making it the fastest-scaling endpoint security company in history for hosts deployed.
"There's a distinct need today for better threat prevention - not detection and response," said Richard Rushing, CISO, Motorola Mobility. "As threat defense models evolve, so do cybersecurity teams, who now demand a better and easier way to defend against highly targeted threats - not just malware. Morphisec's Moving Target Defense platform represents a major shift in dynamically protecting endpoints from attacks with a high degree of efficacy. Its a purpose-built technology with simplicity in mind that has emerged as a critical layer in any protection stack."
A recent report by research firm Vanson Bourne found that the average enterprise spends $16.3 million per year to support detection-based security technologies – managing alerts, assessing telemetry and taking remediation steps. Morphisec’s moving target defense technology does not need to detect an attack in order to stop it. Attacks are prevented instantaneously, independent of individual malware or threat type, with no alerts to triage, no remediation necessary.
“Reaching a deployment milestone of two million endpoints so quickly validates our Moving Target Defense approach top changing the game in cybersecurity,” said Ronen Yehoshua, Morphisec’s chief executive officer. “Customer awareness of the inherent limitations, costs and complexity of detection-based security technologies like antivirus (AV) and endpoint detection and response (EDR) has generated the need for a new wave of prevention-centric technology. AV and EDR produce an average of one million alerts a year per company – 75% of them false positives – pushing Morphisec into the “critical” category to prevent evasive, targeted threats that pose an enormous risk to enterprises.”
Morphisec’s accelerated growth is fueled in part by its rapidly expanding global technical and partner ecosystem. The company recently announced agreements with the U.S. Department of Homeland Security, RSA Security, and SECOM Singapore with more announcements in the pipeline.
Morphisec offers an entirely new level of innovation to customers in its Endpoint Threat Prevention platform, delivering protection against the most advanced cyberattacks. The company’s patented Moving Target Defense technology prevents threats others can’t, including APTs, zero-days, ransomware, evasive fileless attacks and web-borne exploits. Morphisec provides a crucial, small-footprint memory-defense layer that easily deploys into a company’s existing security infrastructure to form a simple, highly effective, cost-efficient prevention stack that is truly disruptive to today’s existing cybersecurity model.
For more information, visit www.morphisec.com.