ObserveIT Announces Several Deals over $1 Million with Fortune 500 Brands; Names Industry Veteran Dave DeWalt as Vice Chairma...
September 18 2018 - 4:00AM
Business Wire
Company Continues its Leadership in Insider
Threat Management in Q3
ObserveIT, the leading insider threat management provider with
more than 1,800 customers around the world, today announced
continued success as global organizations seek to mitigate the risk
posed by insiders. Recent momentum includes several significant
Fortune 500 deals and the appointment of NightDragon Security
Founder Dave DeWalt as vice chairman of the board of directors.
“The risk posed by insiders, whether accidental or malicious, is
an area of continued concern for global enterprises today,” said
Mike McKee, CEO, ObserveIT. “Our recent momentum is a testament to
our dedicated focus on delivering best-in-class insider threat
management solutions that meet the needs of today’s global
brands.”
To date in Q3 2018, ObserveIT has closed four deals over $1
million with major brands including a leading global Fortune 50
financial services firm, one of the world’s largest hedge fund
companies, and a Fortune 500 global technology innovator for the
government and commercial sectors.
In his role as vice chairman of ObserveIT’s board, veteran CEO,
advisor and investor DeWalt will work with a board filled with
accomplished cybersecurity executives with demonstrated product,
innovation and technology leadership.
“Insider threats are one of the most pressing issues facing
organizations today – threatening not only financial impact and the
loss of sensitive data, but reputational damage as well – and
ObserveIT is tackling these challenges head on,” said DeWalt. “I am
proud to take on this new role as vice chairman of the board and
look forward to the company’s continued innovation.”
To learn more about ObserveIT’s Insider Threat Management
solution, visit here.
About ObserveITObserveIT is the leading Insider Threat
Management solution with more than 1,800 customers across 87
countries. ObserveIT is the only solution that empowers security
teams to detect insider threats, streamline the investigation
process, and prevent data exfiltration. With 300+ out-of-the-box
insider threat indicators of compromise, rich metadata and
outstanding search capability and playback of any policy violation,
ObserveIT provides comprehensive visibility into what people –
contractors, privileged users and high-risk users – are doing, and
reduces investigation time from days to minutes. For more
information visit: www.observeit.com.
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ObserveIT Media Contact:Ariel Novak,
617-502-4370ObserveIT@pancomm.com