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ThreatConnect Closes 2022 with Accelerated Growth in Threat Intelligence Operations (TI Ops) and Risk Quantification Business Lines, Positioned for Breakout 2023Year Marked with Landmark Customer Wins, Significant Product Innovation, and Veteran Cybersecurity Hires ARLINGTON, Va., Feb. 14, 2023 /PRNewswire/ -- ThreatConnect, maker of leading threat intelligence operations (TI Ops) and risk quantification solutions, announced today the company's accelerated growth through 2022 and market leading position heading into 2023. "With a tumultuous year marked by geopolitical and economic uncertainty that increased pressure on CISOs and their teams to improve security effectiveness and efficiency, ThreatConnect had a tremendous year in both new customer acquisition and product innovation," said Balaji Yelamanchili, CEO of ThreatConnect. "As we enter 2023, we're positioned to continue delivering market leading product innovation that enables our customers and partners to manage efficient TI Ops with quantifiable risk mitigation strategies." Customer & Revenue Growth
Threat Intelligence Operations Innovation The company's product and engineering teams delivered a variety of new features that enable cyber threat intelligence (CTI) teams to more efficiently investigate and create intelligence, and work with security operations (SecOps) teams to consume and operationalize threat intelligence. These new features are designed to deliver better security outcomes in terms of mean time to detect (MTTD) and mean time to resolve (MTTR) potential threats and incidents, and drive efficiencies across teams and tools. Specific Innovations: ThreatConnect made many useful product enhancements, including:
Industry recognition Winner of multiple industry accolades, including the Global Infosec Awards, Cybersecurity Excellence Award, and the top 100 most Innovative Cybersecurity companies by Expert Insights. Experienced Leadership and Board Advisors In 2022, the company added seasoned cybersecurity operators to its executive ranks with cybersecurity veterans. Balaji Yelamanchili, previously EVP and General Manager of Symantec's Enterprise Security business, joined the company as Chief Executive Officer. Burney Barker, a veteran of Forescout, Gigamon, and Dell EMC, joined the company as Chief Revenue Officer. In the Chief Marketing Officer role, Charles Gold joined the company, bringing more than 25 years of executive experience at category leaders including Sonatype, Virtru, and FireMon. The company also added an elite group of enterprise cybersecurity leaders as Board Advisors. This esteemed group includes Colin Anderson, current CISO at Ceridian and former CISO at Safeway and Levi Straus, Myrna Soto former CISO at MGM and Comcast and current Board member at Spirit Airlines and Trinet, and Patrick Joyce, CISO at Medtronic. They will advise the company's Board and executive team on strategic product and go-to-market matters. "Enterprises are transforming their approach to security operations to support their move to the cloud and the digital economy while at the same time addressing a growing threat landscape and emerging threats like ransomware," said Yelamanchili. "Our TI Ops and risk quantification solutions are critical to these initiatives and, given our momentum in 2022 and near term product roadmap, I couldn't be more excited about this coming year." About ThreatConnect ThreatConnect enables threat intelligence operations, security operations, and cyber risk management teams to work together for more effective, efficient, and collaborative cyber defense and protection. With ThreatConnect, organizations can infuse ML and AI-powered threat intel and cyber risk quantification into their work, allowing them to orchestrate and automate processes to get the necessary insights, and respond faster and more confidently than ever before. More than 200 enterprises and thousands of security operations professionals rely on ThreatConnect every day to protect their organizations' most critical assets. Media Contact: SOURCE ThreatConnect |