Armor Grows Four Times Faster Than the Cyber Security Market in 2015

February 03, 2016

Releases Armor Anywhere; Achieves Dwell Time 100x Shorter Than Industry Average

RICHARDSON, TX – February 3, 2016 – Armor, the leader in active cyber defense, today announced that in 2015 the company grew four times faster than the broader cyber security market as reported by industry analysts.

As cyber attacks grow in number and sophistication, the need for managed security services increases. In 2015, Armor experienced more than 200 million attacks per month, and the company improved its attack to infection ratio from 6MM:1 to 35MM:1. Additionally, the company saw its highest sales months in company history during the latter half of the year. Armor’s 2015 success can be attributed to an expanded vision with a focus on managed security, innovative product offerings, the expansion of strategic partnerships, organizational growth, in addition to recognition from key analyst firms.

Key 2015 Highlights

  • Added 250 New Customers: As a result of its expanded offerings, Armor experienced a surge in newly acquired customers. The segment that represented the most significant uptick was larger enterprise organizations.
  • Expanded Corporate Vision: In August, the company expanded its vision and offerings and changed the corporate brand from FireHost to Armor. As Armor, the company is focused on delivering customers true security outcomes – including dwell time of less than two days – and reducing the risk and complexity associated with managing cyberthreats. It is through this approach that Armor’s new promise was born: between you and the threat.
  • Armor Anywhere: Last year marked the launch of Armor Anywhere, Armor’s newest managed security solution that bolsters security postures for third-party cloud environments and end user-owned IT infrastructures. With Armor Anywhere, Armor eases the burden facing IT administrators to both manage their infrastructure and secure data workloads by sharing responsibility with Armor experts, making it easy to balance security, cloud accessibility and cost.
  • Recognized by Analysts: Gartner’s Magic Quadrant is an industry standard for identifying the true players in each of the key technology markets. In July, Armor was named in Gartner’s Magic Quadrant for Cloud-Enabled Managed Hosting. Armor also received recognition from Frost & Sullivan for “offering a compelling alternative by injecting higher tiers of security management as standard elements of its cloud offerings.”
  • Increased Staff by 24 Percent: 2015 was a year of record internal growth for Armor with strategic hires for Product Development, Engineering and Sales in addition to the promotion of former CFO, Jared Day, to Armor president. Additional hires to highlight in 2015 include:
    • Sury Suryanarayanan joined the company as senior vice president of Engineering
    • Vatsal Sonecha was hired as the senior vice president of Strategy and Business Development
    • Mark Kornegay is serving as the company’s senior vice president of worldwide channel and field sales
    • Scott Thomas joined Armor as vice president of North American sales

Quote

Jared Day, President | Armor
“From our organizational rebrand and expanded vision to the launch of innovative solutions that allow us to expand our delivery of security outcomes, this past year has been one of significant growth and tremendous success for Armor. Our achievements and recognition reflect the critical need for information security solutions that are imagined, designed, implemented and managed by a team of experts who focus day-in and day-out on stopping ever-evolving threats.”

About Armor
The leader in active cyber defense, Armor offers customer-centric security outcomes for retail and eCommerce enterprises, healthcare organizations, payment leaders and financial institutions. Armor protects highly sensitive data for the most security-conscious companies in the world. With its proven cybersecurity approach and proprietary cloud infrastructure built specifically for security, compliance and performance, responsible businesses choose Armor to reduce their risk. For more information, visit armor.com or call 1-844-682-2858.

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Media Contact
Melissa Felton
Vice President
Voce Communications for Armor
330 401 9220
armorteam@vocecomm.com