SAN JOSE, Calif., Feb. 23, 2021 /PRNewswire/ -- Vectra
AI, a leader in network detection and response (NDR), today
reported that in calendar 2020, sales continued to grow at a
compound annual rate exceeding 100 percent and sales of Cognito
Detect™ for Microsoft Office 365 accelerated, growing at a rate of
340 percent. These trends were driven in part by the rapid adoption
of O365 productivity applications such as Microsoft Teams and
heightened cybersecurity concerns in the wake of numerous
high-profile attacks in 2020.
The positive results topped an impressive year for Vectra, which
took a leading role in securing many organizations fighting the
COVID-19 pandemic and continued to accelerate global expansion
initiatives.
Vectra CEO Hitesh Sheth said
Vectra solutions helped customers cut their risk of suffering a
major security event by 63 percent in 2020.
"In response to multiple high-profile supply chain breaches and
infiltration of widely used business application such as Office365,
it's gratifying to see more companies broadening adoption of NDR
solutions to secure assets in the cloud, data centers, end users,
and IoT resources," said Sheth.
"These successful cyberattacks underline the value of threat
detection solutions that secure an entire network infrastructure,
including hybrid, cloud, data centers and corporate networks.
Innovative Vectra NDR solutions do just that. Vectra customers have
greater insight into threat landscapes and faster detection times.
With Vectra, their ability to identify actual threats is 85 percent
improved."
As cybercriminals targeted healthcare providers, manufacturers,
and pharmaceutical companies responding to COVID-19 in 2020,
Vectra's Cognito product helped detect and arrest an in-process
attack on Sanofi, the France-based
multinational pharma firm contributing to vaccine development for
Europe. (Sanofi joined Vectra in
January to recap the attack and response and share best practices
moving forward; the webinar can be found here).
Vectra also added channel partners and product distributors
worldwide across both existing and new markets. Additions included
Arrow Electronics as a distributor for the UK and Iberia, Westcon
for Benelux countries, DACH and Sub-Sahara Africa, and Exclusive
Networks for North Africa and the
Middle East. The company also
secured product distributors for Russia and CIS territories and, in the third
quarter, unveiled a modernized global channel partner program that
provides enhanced training and support.
Building on this momentum, Vectra recently launched several new
product integrations, features, and capabilities, including:
- Deep product integration with CrowdStrike® Falcon
Insight that delivers expanded response capabilities for Cognito
Detect, enabling well-coordinated, instantaneous responses to
thwart cyberattacks directly at the device level.
- An integration program with Microsoft Defender Advanced Threat
Protection (ATP) for Cognito and its Lockdown feature. This further
extends Vectra's automated enforcement capabilities to enable SOCs
to stop ongoing attacks in real-time.
- Improved ability to operationalize via the SIEM, especially in
large enterprises, with a variety of logging enhancements.
- Extended product reach in the virtual data center with Hyper-V
sensor support.
- Launched Vectra Threat Intel that significantly increases the
day-to-day (non-threat) value.
- Augmented Vectra AI with Vectra Threat Intelligence to provide
improved context and coverage, making it easier to find, identify,
and remediate potential threats.
Vectra was repeatedly recognized in 2020 for its world-class
customer service model, winning the "best customer service"
category in the 2020 SC Awards Europe with an industry-leading 95
percent customer renewal rate. The company's signature Cognito
platform won industry recognition as "best security innovation in a
SaaS product" in the 2020 SaaS Awards. Cognito is also a six-time
gold winner at the Cybersecurity Excellence Awards, and a
two-time winner of the Cyber Defense InfoSec Awards for
NextGen cloud security and NextGen AI and machine learning.
In October 2020, Vectra launched
its new website and brand refresh. To see more, please visit:
https://www.vectra.ai/
About Vectra
Vectra® is a leader in network
detection and response – from cloud and data center workloads to
user and IoT devices. Its Cognito® platform accelerates
threat detection and investigation using AI to enrich network
metadata it collects and stores with the right context to detect,
hunt and investigate known and unknown threats in real time. Vectra
offers three applications on the Cognito platform to address
high-priority use cases. Cognito Stream™ sends
security-enriched metadata to data lakes and SIEMs. Cognito
Recall™ is a cloud-based application to store and
investigate threats in enriched metadata. And Cognito
Detect™ uses AI to reveal and prioritize hidden and
unknown attackers at speed. For more information,
visit vectra.ai.
Media contact
Allison
Arvanitis
Lumina Communications for Vectra
vectra@luminapr.com
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SOURCE Vectra