REDWOOD CITY, Calif., May 17, 2016 /PRNewswire/ -- Area 1 Security, a cybersecurity company dedicated to eliminating targeted phishing attacks, today announced it has been included in the 2016 Cool Vendors in Security Threat Intelligence Services report by Gartner, Inc. Gartner grants the Cool Vendor recognition annually to emerging vendors that are breaking new ground in their industry with disruptive and innovative new technology.
Phishing attacks are the primary source of entry for cybercriminals, according to the 2016 Verizon Data Breach Report. Area 1 provides organizations with advanced visibility into these attacks so they can take a proactive approach to prevent breaches. Unlike traditional cybersecurity solutions that rely on identifying attacks within or at the enterprise edge, Area 1 extends beyond the firewall into the wild to discover and stop emerging attacks well before infiltration. This advance visibility provides significant time advantage as well as actionable insights into an attacker's behavior and delivery mechanisms, enabling enterprises to shut down an attack in its formative stages and protect their ongoing operations, intellectual property and brand.
Founded by Oren Falkowitz, Blake Darche and Phil Syme, Area 1 is led by security and data analytics experts coming from the NSA, U.S. Cyber Command, Cisco/IronPort and FireEye who recognized a pressing need for a proactive solution to targeted phishing attacks.
"97% of all breaches start with phishing attacks which are easy to do, economical and scalable. Education and 'just saying no' to clicking isn't the answer; preventing attacks from happening in the first place is," said Shalabh Mohan, VP of Products & Marketing at Area 1 Security. "Area 1 is committed to staying ahead of these cyber attacks to keep companies and their customers safe, and we believe this recognition from Gartner is a testament to the fact that we're doing something truly unique."
Each year, Gartner identifies new Cool Vendors in Security Intelligence and publishes a series of research reports evaluating their products and services. Gartner's May 2016 Cool Vendors in Security Threat Intelligence Services report recognizes vendors offering notable technologies to address an organization's demands for threat visibility and fast responsiveness. The 2016 report notes, "It is no longer enough for companies to merely shore up defenses against general dangers. Evidence-based knowledge — drawn from context, mechanisms, indicators, implications and actionable advice — can help leaders prepare for precise strikes against IT or information assets."
In October 2015, Area 1 announced its Series B funding round led by Icon Ventures and Kleiner Perkins Caufield & Byers. Area 1 sees the Cool Vendor recognition as confirmation of its unique solution and adding momentum towards the company's official launch.
To learn more and get the report, visit www.Area1Security.com
About Gartner Cool Vendors
Each year, Gartner identifies new Cool Vendors in key technology areas and publishes a series of research reports highlighting these innovative vendors and their products and services. The annual reports highlight emerging vendors that provide innovative technologies warranting attention from prospective customers. For more information, visit http://www.gartner.com/technology/research/cool-vendors/.
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About Area 1 Security
Based in Redwood City, CA, Area 1 Security is focused on eliminating targeted phishing and socially engineered cyber attacks. Led by security and data analytics experts from NSA, U.S. Cyber Command, Cisco/IronPort and FireEye, Area 1 has raised $25.5 million in total funding to date. Investors include Ted Schlein at Kleiner Perkins Caufield & Byers, Allegis Capital, Cowboy Ventures; Data Collective (DCVC); First Round Capital; RedSeal Networks CEO and former Venrock partner Ray Rothrock; and Shape Security CEO Derek Smith.
Area 1 Security Media Contact
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SOURCE Area 1 Security