Attack surface management leader grew new ACV by over 350 percent year-over-year
January 16, 2019 – RiskIQ, the global leader in attack surface management, today announced explosive growth in 2018, including a 362.5 percent increase in net new product sales.
The company attributes this accelerated momentum to its success in leveraging the strong adoption of attack surface management across the world brought about by a swell of data breaches originating outside the firewall. Uniquely suited to solve this fast growing problem, RiskIQ introduced a next-gen technology which enables customers to detect compromises of internet facing assets.
“2018 saw the promise of attack surface management come to fruition, and the results show it,” said Dan Schoenbaum, President and COO of RiskIQ. “Our team’s hard work and our key investments intersected with a tremendous market opportunity, and I couldn’t be prouder of our success.”
Considerable investments in data science and technology in 2018 empowered RiskIQ to reveal new breeds of threats invisible to other vendors. RiskIQ made international headlines three times in a quarter when the company’s researchers used RiskIQ data to expose and profile Magecart, appearing in NBC News, Forbes, the BBC, and more. Now infamous for its large-scale siege on the e-commerce industry, Magecart is a group of digital credit-card skimming gangs responsible for thousands of hacks, including the data breaches of British Airways, Ticketmaster, Vision Direct, and Newegg.
RiskIQ’s enhancements enabled them to collect even more data from across the internet to map, reduce, and monitor customers’ internet-facing attack surfaces. As a result, the company’s network of scanners, proxies, and virtual users now processes 10M browser sessions, collects and analyses 100M web pages, performs 2B HTTP requests, monitors over 300 mobile app stores, and creates 10TB of new data each day. In 2018, this investment sparked a 414 percent growth in SSL certificate data, 16 percent growth in Passive DNS data, and 26 percent growth in WHOIS data the RiskIQ platform used to enhance its risk evaluation and threat detection for customers.
“RiskIQ has been crawling and mapping the internet since 2010 and has a larger repository of historical internet data than anywhere else,” said Lou Manousos, RiskIQ CEO. “Continued investment in our collection technology, data science, and machine learning ensures that we can continue to collect, process, and analyse a unique amount of data to stay ahead of internet-scale threats, which are constantly evolving.”
RiskIQ’s ability to help organisations map and monitor their attack surface, detect internet-scale threats, and investigate adversaries led to skyrocketing adoption by security teams around the world. In 2018 RiskIQ experienced a 365 percent increase in registration for RiskIQ community, the company’s freemium entry-level product and a 90 percent increase in upsells demonstrating RiskIQ’s broadened thought leadership and the increasing role of security outside the firewall to the growth of businesses.
RiskIQ’s growing recognition and market success have also resulted in 2018 industry honours that include:
- Current 2019 finalist, SC Magazine Trust Award for Threat Intelligence (winner announced in March)
- 2018 Gold Winner, Best IT Company of the Year, IT World Awards
- 2018 Winner, 2018 Overall Web Security Solution Provider of the Year, Infosec Awards (Cyber Defense Magazine)
- 2018 Gold Winner for Social Media, Cyber Security Excellence Awards
- 2018 Gold Winner for Threat Hunting, Cyber Security Excellence Awards
More than 270 enterprise customers, including eight of the ten largest financial institutions in the U.S., many large government organisations and five of the nine leading internet companies in the world, rely on RiskIQ to protect their digital attack surface. RiskIQ data and technology help power 49 of the world’s leading security vendors including FireEye, Fortinet, and Rapid 7.
RiskIQ is the global leader in attack surface management, providing the most comprehensive discovery, intelligence, and mitigation of threats associated with an organisation’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 tens of 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 the business, brand and customers. RiskIQ data and technology help power 49 of the world’s leading security vendors including FireEye, Fortinet, and Rapid 7.
Based in San Francisco, the company is backed by Summit Partners, Battery Ventures, Georgian Partners and MassMutual Ventures.
Ginnia Cheng, Gemma White, Gabriel Hedengren
Finn Partners, on behalf of RiskIQ
Tel: 020 3217 7060