CYDEF named one of the world's most innovative CyberTech companies for third straight year

The award recognizes CYDEF's unique approach to cybersecurity, which is built on the principle of exception management
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OTTAWA, Ontario - May 23, 2023 - PRLog -- EF, known for its unique approach to cybersecurity, has been named one of the top 100 CyberTech companies in the world for the third year in a row.

The CyberTech100 list is published annually and recognizes the most innovative and effective companies in the cybersecurity industry. An Advisory Board and the FinTech Global team select 100 firms out of over 1,000 entries.

"We are honored to be recognized once again as one of the top CyberTech companies in the world," said CYDEF CEO, Steve Rainville, who has been in cybersecurity for over two decades. "Our team has developed something truly exceptional. This recognition is a testament to their hard work and the innovation behind it."

CYDEF has earned a reputation for its unique approach to cyber threat hunting and endpoint security. The company has a novel approach that leverages the best of machine learning and human oversight to produce better outcomes.

Rather than using AI to score threats and then deciding whether or not to investigate, CYDEF built their solution on the principle of exception management.

"Once we eliminate what we know is safe, everything else is treated as a potential threat and investigated accordingly," added Rainville.

"We've consistently detected threats that bypassed industry leading solutions," said CYDEF COO, Elana Graham, who has a background in engineering. "There is a gap that is left from automated threat scoring because only higher scores are reviewed by humans. This leaves customers vulnerable to more sophisticated attacks. It's not enough to only investigate some, or even most, of the potential threats. To keep up with modern day attacks, humans need to have eyes on everything. Before CYDEF, this simply wasn't possible."

CYDEF's patented SMART-Monitor technology is used to make the analysts' jobs more efficient so that humans are making the important decisions on what is safe or not.

"One unprecedented component of our solution is that it becomes more efficient as we onboard new customers. This keeps our costs low and enables us to scale quickly," said Mark Levine, Chief Product and Technology Officer at CYDEF.  "We have tripled our endpoints under management over the past 12 months without having any significant impact to our Analyst team."

Poised to triple its growth again in 2023, the results speak for themselves. To date, no CYDEF customer has suffered a successful ransomware attack or had a threat that spread to more than a few devices.

"We've essentially taken threat hunting from an art to a science," added Rainville. "We review all unknown activity using a rigorous, repeatable process that yields consistent results."

The full list CyberTech100 list can be found at www.CyberTech100.com

Contact
Elana Graham, COO
***@cydef.ca
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Industry:Information technology
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