Press Release

Fidelis Cybersecurity Delivers on Vision for Detecting, Investigating and Stopping Advanced Cyberattacks

Rapid growth, new capabilities and consulting services reduce data theft, exposure and reputational risk

Fidelis Cybersecurity, the leading provider of products and services for detecting and stopping advanced cyberattacks, today announced strong growth and new product capabilities that enable security teams to detect and stop attacks that other solutions miss. During the first nine months of the year, the company grew revenue 52 percent on a year-over-year basis. Today, more than 40 percent of the world’s most valuable brands rely on Fidelis Cybersecurity’s products to protect their most valuable assets.[1]

Fueling this growth and customer expansion has been Fidelis’ determination to bring in the best and brightest security experts to meet the rising customer demand for its products and services. Recent accomplishments include:

  • Integration of Resolution1 Security into Fidelis
  • Growth of the global employee base from 150 to over 300
  • Expansion of the management team to include a new chief financial officer, chief marketing officer and senior vice president of sales
  • Certification as a PCI Forensic Investigator (PFI) by the Payment Card Industry Security Standards Council (PCI SSC)
  • Onboarding of several major global brands and organizations as customers

“We are successfully executing on our vision to deliver an integrated network and endpoint solution,” said Peter George, President and CEO, Fidelis Cybersecurity. “Fidelis is all about focus and speed. Our goal is to help our customers optimize their security environments so they can respond faster and more intelligently. Our growth over the last nine months demonstrates that our customers share this vision.”

“Fidelis now has strong network and endpoint security solutions coupled with its professional services offerings,” wrote Rick Holland and Chris Sherman, analysts at Forrester. “Competitors should take note of the new Fidelis.”[2]

Fidelis also announced new releases of its two flagship products: Fidelis XPS™ and Resolution1 Endpoint. The new releases, which are both generally available, deliver new integrated capabilities that allow security teams to trace attacks they see on their network to the specific endpoints attackers have compromised.

In addition to the rapid, progressive unification of the network and endpoint products, updates in the new releases include:

  • Deep visibility into network behavior and activity so users can detect malicious and anonymous network behavior deeper and faster than other solutions
  • The unification of real-time network analysis, advanced malware detection, endpoint monitoring, data theft protection, and network security analytics in a single solution
  • A new, intuitive user interface that improves usability and automates routine tasks
  • A new scoring algorithm that ranks the importance of alerts based on user input and crowd sourced feedback from Fidelis’ extended user community
  • The integration of network and endpoint solutions so that security teams can proactively hunt across all endpoints to find compromised systems based on network-generated alerts
  • Optimized performance that reduces job times and provides better data reliability so organizations can detect and respond to incidents more efficiently

Additional Resources

[2]Source:   Brief: Endpoint Security Innovation Is Intensifying, Forrester Research, Inc., September 18, 2015

About Fidelis Cybersecurity

Fidelis Cybersecurity combats the full spectrum of cyber-crime, data theft and espionage. A leading provider of threat detection, hunting and response solutions, Fidelis provides full visibility across hybrid environments, automates threat and data theft detection, empowers threat hunting, and optimizes incident response with context, speed and accuracy. Fidelis is trusted by Global 1000s and Governments as their last line of defense.

The Fidelis Elevate® platform captures rich metadata from across the threat landscape and combines that content to enable real-time and retrospective analysis, giving security teams the platform to effectively hunt for threats in their environment.

For more information go to Fidelis Cybersecurity is a portfolio company of Skyview Capital.

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