BrandShield Recognized by Frost & Sullivan for New Product Innovation Award in Digital Risk Protection
Leading cybersecurity firm recognized for its unique ability to monitor, detect, and remove online threats while protecting brands against executive impersonation, counterfeiting, phishing, social media scams, and more.
Frost & Sullivan recently assessed the Digital Risk Protection (DRP) industry and, based on its analysis results, recognizes BrandShield (LSE: BRSD) with the 2023 Global Digital Risk Protection New Product Innovation and Best Practices Award.
As part of its selection, BrandShield was recognized for staying on top of emerging challenges and technology trends and expanding into new markets and industry verticals, such as blockchain and gaming. The company’s digital risk protection platform, which includes special data scrapers and workflows, is highly adaptable to any industry vertical or business requirements. As a result, BrandShield has experienced rapid growth over the last three years and established a global market presence with a strong portfolio of prominent customers.
“We’re beyond proud to be recognized by Frost & Sullivan as a leader in the digital risk protection space,” said BrandShield Founder and CEO, Yoav Keren. “Our proprietary, AI-powered solutions have proven threat identification and takedown capabilities and have become essential in protecting brand reputation amid the growing sophistication of cybercriminals and the increasing threat of online attacks.”
Frost & Sullivan follows its proprietary, measurement-based methodology combined with extensive research, in-depth interviews, analysis, and benchmarking to shortlist deserving companies in each category. The New Product Innovation Award’s selection process utilizes real-time performance indicators such as market share, revenue growth, customer acquisition, product/service value, and technology innovation.
“BrandShield nicely fills a gap in the cybersecurity industry with its brand-oriented DRP platform and breadth of brand protection use cases, which its other competitors cannot easily replicate,” said Martin Naydenov, Senior Industry Analyst at Frost & Sullivan. “[BrandShield] is staying on top of new market trends and challenges, continuously improving its capabilities, and offering new use cases to reflect the zeitgeist of the DRP market.”
This recognition comes on the heels of a landmark year for BrandShield, which includes being named a top 3 Global Leader in Frost & Sullivan’s Radar for Digital Risk Protection Services, and strategic partnerships with The Sandbox as well as The Pharmaceutical Security Institute. Aimed at maintaining the company’s growth and driving profitability. 2022 also marked the release of BrandShield 3.0, the ultimate solution against external digital threats, and the company’s industry-first NFT ShieldTM, a cybersecurity product to bring real-time intelligence and enforcement capabilities to combat digital asset fraud across major NFT marketplaces.
For more information on BrandShield, please visit https://www.brandshield.com.
About BrandShield
BrandShield is a leading cybersecurity company founded in Israel by cybersecurity experts that protect the world’s largest brands and consumers from phishing attacks, online fraud, impersonation, counterfeits and other online threats posed by dangerous cybercriminals. Through its AI/ML platform, BrandShield identifies, tracks, and eliminates online threats for global brands and organizations, including Bristol Myers Squibb, Levi’s, New Balance, Swisscom, and the Pharmaceutical Security Institute. BrandShield is listed on the London Stock Exchange AIM under the ticker symbol BRSD.
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