DefenseStorm Named Finalist for 2016 Red Herring 100 Global Award

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DefenseStorm, the leading security data platform provider for banks and credit unions announced they are a finalist for the prestigious Red Herring Top 100 Global award.

DefenseStorm Cybersecurity Data Platform
80% of respondents from the financial industry indicated that phishing, ransomware and malware were the top concerns keeping respondents up at night.

DefenseStorm announced today it has been selected as a finalist for Red Herring's 2016 Top 100 Global award, a prestigious recognition honoring the year’s most audacious and far-reaching private technology companies and entrepreneurs from across the globe.

The Red Herring editorial team selected companies who demonstrate the most innovative technologies and business models, originating from over 1,000 companies from more than 40 nations. These companies represent past Red Herring Asia, Europe and North America award winners in their respective regions. Companies are judged on a range of qualitative and quantitative metrics such as technology innovation, financial performance, growth criterion, management's execution standards, potential globalization of the strategy, and market share improvement.

“In today's economies, the unrivaled technology ubiquity is not only disrupting how we work but also how we live and think. The vast amount of data and intellectual property combined with the innovation and disruption created by today’s entrepreneurs is touching every sector,” Red Herring CEO, Alex Vieux said. “The 2016 Red Herring nominees prove that while some will worry about a bubble, there is no pause in innovation any time soon. Speed, creativity and unconventional business models are constantly shifting investors' thesis and users' behavior - both are demanding more, not less, from entrepreneurs. An unprecedented number of entrepreneurs are jumping ahead of the competition and making a difference. At this stage, we are left with the daunting task to select the best qualified companies for the 2016 Top 100 Global Award,” continued Vieux.

DefenseStorm presents their winning strategies at the Red Herring Global forum in Los Angeles, November 15 to 17. DefenseStorm is performing exceptionally well and deserves to be singled out as one of the Red Herring Global finalists, an honor the company does not take lightly.

“The opportunity to be recognized on a world stage is a testament to the forward thinking technology being developed by our startup. It’s true what they say; just to be nominated is an amazing experience - especially with the eyes of world on our Seattle-based company,” DefenseStorm CEO, Sean Feeney said. “We're looking forward to the event, seeing the other companies present, and showcasing what our team at DefenseStorm is doing for financial institutions,” continued Feeney.

Cybersecurity has been front and center stage this year as cyber attacks on all industries, including political campaigns, have become commonplace in mainstream media. In a recently study conducted by DefenseStorm, 80% of respondents from the financial industry indicated that Phishing, Ransomware and Malware were the top concerns keeping respondents up at night.

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About DefenseStorm
DefenseStorm is a Security Data Platform that watches everything on your network and matches it to your policies, providing cybersecurity management that is safe, compliant and cost effective. Built from the ground up in the cloud, DefenseStorm unifies detection, investigation, reporting, and compliance into a single place to manage cybersecurity data. Formed by bankers and technology experts, DefenseStorm aggregates event data across all cybersecurity tools and links policies to real-time alerts, so that financial institutions can prove to regulators they are both secure and compliant with evolving FFIEC cybersecurity requirements. For more information please visit http://www.DefenseStorm.com.

About Red Herring
Red Herring is a global media company that unites the world’s best high-technology innovators, venture investors and business decision-makers in a variety of forums, including print, online and exclusive events worldwide. Red Herring provides an insider’s access to the global innovation economy, identifying new and innovative technology companies and entrepreneurs. Its Red Herring 100 awards for North America, Europe, Asia and Global have recognized more than 5,000 companies in their early stages, including Baidu, Google, eBay and Skype. For more information, please go to: http://www.redherring.com/events/

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Rani Khan | Director of Marketing
DefenseStorm
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