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ThreatX Welcomes New Chief Revenue Officer Michael Connolly to Executive Bench, Reports Strong 2022 MomentumThreatX, the leading API and application protection platform, today announced strong momentum in 2022, driven by customers' needs for simplified, risk-based and real time protection from increasing threats to APIs and applications. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230306005060/en/ ![]() Michael Connolly joins ThreatX's Executive Bench as Chief Revenue Officer (Photo: Business Wire) ThreatX is now the fastest growing protection-as-a-service company offering real time monitoring and blocking of malicious API and application activity. Highlights of the company's year-over-year growth include adding a record number of customers, and tripling the number of enterprise transactions in 2022. "ThreatX was founded on the principles of protecting organizations from cyberattacks while easing the burden on security professionals. As APIs and applications proliferate rapidly, and as organizations are challenged to keep up with security, it's more important than ever to have a solution like ours in place to identify and block threats in real time," said Gene Fay, CEO at ThreatX. "In the year ahead, we are committed to ensuring our solution continues making real impact for organizations and the teams tasked with protecting them."
ThreatX Executive Appointments in 2022
"The ThreatX technology is second to none - no one else is combining powerful attacker profiling with human expertise and real-time blocking. This provides powerful protection and makes life easier for overworked and understaffed security teams," said Connolly. "ThreatX has brought together the strongest team of people to create a powerful solution that addresses one of the most vexing cybersecurity challenges today. It was an easy decision to join the team and help lead ThreatX to its next stage of growth." "Mike brings the experience and energy to ThreatX that will position the company to continue its growth in 2023," said Fay. "As we scale our business, deepen our channel strategy and increase our global footprint in large accounts, Mike's leadership sets us up for a great year."
New Initiatives and Product Updates
Gartner predicts that by 2024, API abuses and related data breaches will double. To ensure security within API environments for organizations continuing their digital transformation journeys, ThreatX also prioritized implementing new product updates to meet customers where they were. This included new point of delivery architecture to provide greater control over where data is managed, a new API catalog to enable a comprehensive view of API attack surfaces and an updated attack dashboard for deeper insight into attack types and classifications to identify the depth of attacks in the kill chain.
Financial Growth and Accolades
For more information about ThreatX, please visit: https://www.threatx.com/.
About ThreatX
View source version on businesswire.com: https://www.businesswire.com/news/home/20230306005060/en/ |