Cybereason Continues its European Expansion by Announcing New Customer Frankfurter Volksbank

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Cybereason continues its rapid growth in Europe. The company is excited to announced its new customer in Germany, a co-operative bank Frankfurter Volksbank.

Cybereason, creators of the leading cybersecurity end-to-end threat hunting solution, today announced its newest customer Frankfurter Volksbank, a co-operative bank based in Frankfurt, serving private and business customers through a network of approximately 100 branches in Germany.

One of the many reasons Frankfurter Volksbank selected Cybereason was, because unlike other solutions, Cybereason takes isolated suspicious activities and links them together to present the full story of an attack, providing a truly end-to-end view of malicious activities. The platform collects information across the organization and uses behavioral detection to determine suspicious and/or malicious activity. Cybereason can analyze eight million events per second, with no downtime or blind spots.

"We urgently needed a comprehensive platform to cope with the rising volume of threats and constant change in attack scenarios. Cybereason supports our IT risk management process in terms of compliance with regulatory requirements according to MaRisk and BAIT. The immediate added value of the solution for the bank was quickly apparent in the proof of concept test," said Steffen Nagel, head of IT at Frankfurter Volksbank.

"We are delighted to be working closely with Frankfurter Volksbank. Our growth in Germany has been explosive this past year, and the feedback from our current customers in Germany suggests we are on a great trajectory," said Bernd Mährlein, Regional Sales Director in Germany, Austria and Switzerland for Cybereason.

About Cybereason
Cybereason, creators of the leading cybersecurity AI Hunting Platform, gives the advantage back to the defender through a completely new approach to cybersecurity. Cybereason offers endpoint detection and response (EDR), next-generation antivirus (NGAV), and active monitoring services, all powered by its proprietary data analytics platform. The Cybereason suite of products provides unmatched visibility, increases analyst efficiency and effectiveness, and reduces security risk. Cybereason is privately held, having raised $189 million from top-tier VCs, and is headquartered in Boston, with offices in London, Sydney, Tel Aviv and Tokyo.

Media Contact:
Bill Keeler
Director, Public Relations
bill.keeler(at)cybereason.com
(929) 259-3261

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