MCLEAN, Va., Sept. 30, 2021 – IronNet, Inc. (NYSE: IRNT), an innovative leader transforming cybersecurity through Collective Defense, today announced its recognition as the “Overall Advanced Persistent Threat (APT) Solution Provider of the Year” in the fifth annual CyberSecurity Breakthrough Awards. The awards program is conducted by CyberSecurity Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies, and products in the global information security market. This is the second consecutive year that IronNet has won a CyberSecurity Breakthrough award; it received the “Incident Response Solution of the Year” honor in 2020.
“The ability to detect attacks by APT actors at network speed with our advanced behavioral analytics, and to share that information among community members in real time, is transforming the way we defend in cybersecurity,” said IronNet Founder and Co-CEO, General (Ret.) Keith Alexander. “No company should have to defend alone, especially against nation-state-level threats, and we are proud to be leading the charge through Collective Defense.”
IronNet’s Collective Defense platform offers network detection and response (NDR) capabilities for advanced behavioral-based detection of unknown cyber threats via its IronDefense solution, and a system for real-time threat intelligence sharing within its IronDome solution. The platform provides a radar-like view of potential incoming attacks—a capability that is especially critical for rapidly detecting and mitigating advanced persistent threat attacks, where individual companies and organizations are forced to defend against nation-state-level cyber capabilities.
This real-time picture empowers organizations to more proactively defend against cyberattacks, both on-premise and in the cloud. The IronNet Collective Defense platform is the only solution that can both identify anomalous behaviors on enterprise networks and share this attack intelligence anonymously and in real time among Collective Defense community members.
“Calls for faster, more relevant threat information sharing continue to come from industry- and national-level cybersecurity initiatives, demonstrating the pressing need for a transformative approach to cybersecurity — one that operationalizes timely, relevant, and actionable threat sharing among industry peers and voluntarily with the government,” said James Johnson, managing director, CyberSecurity Breakthrough. “IronNet provides a true ‘breakthrough’ operational model for cybersecurity defense to empower organizations to defend together. Congratulations to IronNet on winning ‘Overall APT Solution Provider of the Year.’”
The mission of the CyberSecurity Breakthrough Awards is to honor excellence and recognize the innovation, hard work, and success in a range of information security categories, including Cloud Security, Threat Detection, Risk Management, Fraud Prevention, Mobile Security, Email Security, and many more. This year’s program attracted more than 4,000 nominations from 20+ different countries.
About IronNet, Inc.
Founded in 2014 by GEN (Ret.) Keith Alexander, IronNet, Inc. (NYSE: IRNT) is a global cybersecurity leader that is transforming how organizations secure their networks by delivering the first-ever Collective Defense platform operating at scale. Employing a number of former NSA cybersecurity operators with offensive and defensive cyber experience, IronNet integrates deep tradecraft knowledge into its industry-leading products to solve the most challenging cyber problems facing the world today.
About CyberSecurity Breakthrough
Part of Tech Breakthrough, a leading market intelligence and recognition platform for global technology innovation and leadership, the CyberSecurity Breakthrough Awards program is devoted to honoring excellence in information security and cybersecurity technology companies, products and people. The CyberSecurity Breakthrough Awards provide a platform for public recognition around the achievements of breakthrough information security companies and products in categories including Cloud Security, Threat Detection, Risk Management, Fraud Prevention, Mobile Security, Web and Email Security, UTM, Firewall and more. For more information visit CyberSecurityBreakthrough.com.
This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995, including, without limitation, statements regarding IronNet’s ability to strengthen the security profiles of its customers and partners. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside IronNet’s management’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, that may affect actual results or outcomes include: IronNet’s inability to recognize the anticipated benefits of collaborations with IronNet’s partners and customers; IronNet’s ability to execute on its plans to develop and market new products and the timing of these development programs; IronNet’s estimates of the size of the markets for its products; the rate and degree of market acceptance of IronNet’s products; the success of other competing technologies that may become available; IronNet’s ability to identify and integrate acquisitions; the performance of IronNet’s products; potential litigation involving IronNet; and general economic and market conditions impacting demand for IronNet’s products. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described under the heading “Risk Factors” in the proxy statement/prospectus filed with the Securities and Exchange Commission (the “SEC”) on August 6, 2021 and other documents that IronNet has filed or will file with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and IronNet does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
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