Cyber Security Cloud, Inc. Ranks 229th in Deloitte Technology Fast 500 Asia Pacific 2019, A Ranking Program of Fastest-Growing Tech Companies, with 338.58% Revenue Growth

TOKYO, Dec. 12, 2019 /PRNewswire-PRWeb/ -- The Deloitte Technology Fast 500 is the pre-eminent technology awards program in Asia Pacific, and now in its 18th year, it includes eight Asia Pacific locations: Australia; China (including Hong Kong); India; Japan; South Korea; New Zealand; Singapore and Taiwan. Combining technological innovation, entrepreneurship, and rapid growth, Technology Fast 500 companies are large, small, public and private, and span a variety of industry sectors including hardware, software, telecommunications, media, life sciences, and clean technology. For further information on Asia Pacific Technology Fast 500, please visit: http://www.deloitte.com/fast500asiapacific

[The factors behind inclusion in Fast 500]
The company's achievement of a 338.58% revenue (sales) growth rate is attributed to the following factors:

• Factor 1: High continuity rate due to improved customer satisfaction

Security services provided by CSC, i.e. cloud-based WAF "Shadankun", service for automation of AWS WAF operations "WafCharm", and a set of Managed Rules for AWS WAF "Cyber Security Cloud Managed Rules for AWS WAF "-HighSecurity OWASP Set-", are all subscription-based and therefore customer satisfaction is extremely important.
As a result of maintaining a high level of satisfaction through consistently providing in-house operation, maintenance, sales, and support services, the long-term continuation rate (98.9% *1) and additional subscriptions from existing users have progressed and became a factor of growth for CSC.

• Factor 2: Global expansion and new technology development by R&D

With the advancement of AI technology around the world, cyber-attacks on Web systems are expected to become increasingly sophisticated, and by actively investing in new technology development, CSC was able to expand its customer base, which became a crucial factor for its growth.
In February 2019, CSC started its global expansion by launching a set of Managed Rules on the AWS Marketplace and was certified as the 7th Managed Rules seller in the world by AWS (Amazon Web Services), which has a 34% *2 global cloud market share.
CSC also developed a new attack detecting AI engine using deep learning in August 2019.

• Factor 3: Improved recognition by exhibiting at large events and using famous artists for promotion

Since awareness of its services in the market is extremely important for expanding its sales, in October 2018, CSC started distributing video ads with Mr. Shinobu Sakagami (a famous Japanese personality) on the web. CSC also put efforts by exhibiting at large events aimed at further market expansion, which resulted in an important factor in its growth.
Commenting on the recognition, President/CEO Hikaru Ohno said, "Our aim is to create a secure cyberspace that people around the world can use safely, and for that we provide consistent in-house development of web security services, including design, operation, maintenance, sales, and support. Also, by utilizing "Cyneural" (a cyber-attack detecting AI engine using Deep Learning), with the world's leading cyber threat intelligence, we aim to make it possible to detect and analyze unknown threats (zero-day attacks) and high precision cyber-attacks by AI that are difficult to detect with conventional WAFs. As a leading cybersecurity company, we strive to improve and develop new technologies and aim to be a company that can deliver effective security solutions to contribute to the information revolution".

*1: Average continuation rate of cloud-based WAF "Shadankun" from January 2017 to December 2018.
*2: Cloud Infrastructure Services Market Share Growth Report "The Leading Cloud Providers Continue to Run Away with the Market" by Synergy Research Group

※ The company names and service names described in this release are registered trademarks of the respective companies.
※ Amazon Web Services and AWS are trademarks of Amazon.com, Inc. or its affiliates in the United States and other countries.

About the Technology Fast 500 Program
The Deloitte Technology Fast 500 is the pre-eminent technology awards program in Asia Pacific, and now in its eighteenth year, it includes nine Asia Pacific locations: Australia; China (including Hong Kong); India; Japan; South Korea; Malaysia, New Zealand; Singapore and Taiwan. Combining technological innovation, entrepreneurship and rapid growth, Fast 500 companies — large, small, public, and private — span a variety of industry sectors from software to biotech. Fast 500 companies play in the SaaS, cloud computing, data analytics, and mobile sectors and are transforming the way we do business today.

About the Technology Fast 50 Program
Japan Technology Fast 50 is the Japanese edition of the ranking series organized by DTTL, an international public accounting and consulting firm that ranks companies among TMT industries based on their recent revenue (sales) growth based on a three-year period. Because the revenue growth rates are used as indices, the ranking indicates the fastest-growing companies regardless of their sizes. Entries are accepted from both listed and unlisted companies and they are automatically nominated for Asia Pacific Technology Fast 500 that encompasses all technology industry segments including hardware, software, communications, media, life sciences, and clean technology.

Disclaimer regarding the information disclosed in the Fast50 Program
In tabulating Fast 50, Deloitte Tohmatsu Group and DTTL have made reasonable efforts to ensure their accuracy. However, because it is based on information provided by applicant companies to Fast 50, such information is provided "as is" and not intended for expressing any opinions regarding their accuracy, and Deloitte Tohmatsu Group and DTTL make no representation or warranty of any kind, either expressed or implied, to the accuracy of the information. For further information on Fast 50 and Fast 500 programs, please visit http://www.deloitte.com/jp/fast50.

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SOURCE Cyber Security Cloud, Inc.