Code42 Earns Two Industry Accolades for Insider Risk Management Solution – Business Wire

code42-earns-two-industry-accolades-for-insider-risk-management-solution-–-business-wire

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MINNEAPOLIS--(BUSINESS WIRE)--Code42, the Insider Risk Management leader, announced that it has won two security industry awards. Both of the awards recognize the company for leading the Insider Risk Management market with the launch of its innovative Code42® Incydr™ data risk detection and response product. The solution surfaces the top indicators of Insider Risk and accelerates an organization’s ability to detect and respond to data exposure and exfiltration events.

The Code42 Incydr product received the following recognitions:

  • Insider Threat Detection Market Leader from Cyber Defense Magazine’s Global InfoSec Awards 2021. Code42 was recognized for its understanding of tomorrow’s threats, today, providing a cost-effective solution and innovating in unexpected ways that can help stop the next breach.
  • Silver Winner for Insider Threat Solution by the Cybersecurity Excellence Awards. The 2021 Cybersecurity Excellence Awards honor individuals, products and companies that demonstrate excellence, innovation and leadership in information security.

The Code42 Incydr product helps companies manage growing Insider Risk issues. A SaaS solution purpose-built for Insider Risk Management, it allows security teams to effectively mitigate data exposure and exfiltration risks of intellectual property, source code and trade secrets without disrupting legitimate collaboration. Organizations looking for detailed security intelligence about on- and off-network file movements can use Incydr data risk detection and response to help identify and act on the greatest indicators of risk to their data.

“Employees email, message and use the cloud to share files as a normal course of business everyday and those simple acts leave data at a heightened risk of being leaked. In fact, employees are 85% more likely today to leak files than they were pre-COVID,” said Joe Payne, Code42 president and CEO. “As business leaders, we need to make sure employees have the freedom to move files, collaborate with each other and stay productive, while protecting our most valuable corporate data – our IP, source code, customer lists and personnel info. Code42 Incydr data risk detection and response gives CISOs a path for securing company data, a longtime challenge, in today’s new work environment and we are honored to be recognized for that with these awards.”

Winning the Global InfoSec Award and Cybersecurity Excellence Award are just two of the latest milestones for the Code42 Incydr solution. The company recently:

  • Launched enhanced Insider Risk Indicators with actionable prioritization of data exfiltration events.
  • Introduced Incydr Browser Upload Detection, which detects and alerts security teams to unsanctioned browser upload activity.
  • Integrated with Okta Identity Cloud to accelerate the right response during Insider Risk investigations.
  • Announced automated workflows with Slack to expedite insider risk response.
  • Achieved Federal Risk and Authorization Management Program (FedRAMP) Agency Authorization, which makes Code42 Incydr Gov available for use across the federal government.

Those interested in learning more about the Code42 Incydr solution can check out an interactive demo in our free sandbox environment.

Last year Code42 was identified as a Representative Vendor in the Gartner 2020 Market Guide for Insider Risk Management Solutions. The company also was named as a Top 25 Cybersecurity Company by The Software Report, a Gold Winner in the 12th Annual 2020 Golden Bridge Business and Innovation Awards for Data Protection Innovation, the winner of the Data Security Tekne award from the Minnesota Tech Association and as a finalist for the 2021 SC Awards.

About Code42

Code42 is the Insider Risk Management leader. Native to the cloud, the Code42® Incydr™ solution rapidly detects data loss, leak, theft and sabotage as well as speeds incident response – all without lengthy deployments, complex policy management or blocking employee productivity. With Code42, security professionals can protect corporate data and reduce insider threats while fostering an open and collaborative culture for employees. Backed by security best practices and control requirements, Code42’s insider risk solution can be configured for GDPR, HIPAA, PCI and other regulatory frameworks.

More than 50,000 organizations worldwide, including the most recognized brands in business and education, rely on Code42 to safeguard their ideas. Founded in 2001, the company is headquartered in Minneapolis, Minnesota, and backed by Accel Partners, JMI Equity and Split Rock Partners. Code42 was recognized by Inc. magazine as one of America’s best workplaces in 2020 and 2021. For more information, visit code42.com.

About CDM InfoSec Awards

This is Cyber Defense Magazine’s ninth year of honoring global InfoSec innovators. Our submission requirements are for any startup, early stage, later stage or public companies in the INFORMATION SECURITY (INFOSEC) space who believe they have a unique and compelling value proposition for their product or service. Learn more at www.cyberdefenseawards.com

About the Judging

The judges are CISSP, FMDHS, CEH, certified security professionals who voted based on their independent review of the company submitted materials on the website of each submission including but not limited to data sheets, white papers, product literature and other market variables. CDM has a flexible philosophy to find more innovative players with new and unique technologies, than the one with the most customers or money in the bank. CDM is always asking “What’s Next?” so we are looking for Next Generation InfoSec Solutions.

About Cyber Defense Magazine

With over 5 Million monthly readers and growing, and thousands of pages of searchable online infosec content, Cyber Defense Magazine is the premier source of IT Security information for B2B and B2G with our sister magazine Cyber Security Magazine for B2C. We are managed and published by and for ethical, honest, passionate information security professionals. Our mission is to share cutting-edge knowledge, real-world stories and awards on the best ideas, products and services in the information technology industry. CDM is a proud member of the Cyber Defense Media Group. Learn more about us at https://www.cyberdefensemagazine.com and visit https://www.cyberdefensetv.com and https://www.cyberdefenseradio.com to see and hear some of the most informative interviews of many of these winning company executives. Join a webinar at https://www.cyberdefensewebinars.com and realize that infosec knowledge is power.

© 2021 Code42 Software, Inc. All rights reserved. Code42, the Code42 logo and Incydr are registered trademarks or trademarks of Code42 Software, Inc. in the United States and/or other countries. All other marks are properties of their respective owners.

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