July 16, 2018

Terbium Labs Recognized by SoftShell as a Cybersecurity Vendor Poised for Rapid Growth in the German Market

IT buyers today are faced with a dilemma. On the one hand, the stakes for finding the right cybersecurity partners couldn’t be higher. But presented with a complex and fragmented marketplace, it can be challenging knowing even where to begin. That’s where comprehensive studies like the SoftShell Vendor Report can help, providing in-depth analysis for resellers, systems integrators and end customers to evaluate new technologies and vendors.

Terbium Labs is delighted to have been named a Bronze Vendor in the latest edition of the report. It illustrates the great strides the company has already made in the DACH (Germany, Austria and Switzerland) region and is confirmation of its strong growth potential going forward.

Making sense of the market

Munich-headquartered VAD Softshell has been producing this report for four years now, with experts based in Germany and the U.S. conducting rigorous market analysis, face-to-face vendor interviews and web and phone-based research to make sense of the B2B cybersecurity market. Each vendor is given a SoftShell Vendor Score, which is designed to reflect how well that company and its solutions are positioned to meet the specific needs of the DACH market.

The score is calculated according to various parameters including whether the vendor has a German language website, local offices and support services, and if it has been included on a recent Gartner Magic Quadrant or Cool Vendor report.

Getting proactive

“A Bronze Award from Softshell is a great start for Terbium Labs in DACH, but we are determined to do even better and get our industry leading platform in the hands of even more customers in the region and around the world,” said Danny Rogers, CEO.

Data breaches today are inevitable: they’re a risk of doing business in the digital age. According to one company around 2.6 billion records were stolen in 2017 alone, an 88% increase on 2016 figures. But while the breaches themselves might be inevitable, the damage victim organizations suffer from them doesn’t need to be. That’s where Terbium Labs’ patented Matchlight platform can help.

Matchlight compares one-way data fingerprints of client data with the data it finds on the dark web, so that clients can automatically search for their sensitive IP or customer information without revealing it to anyone — not even us. By rendering detection possible in a matter of minutes rather than months or even years, you can dramatically reduce the potential impact of breaches. IBM’s latest report reveals that the average time to detect a breach today is 197 days. That’s a long time for the bad guys to exfiltrate and monetise that stolen data. It’s no surprise that breach costs average out at nearly $4m per organisation. What’s more, any organisation which is lacking the insight to detect a breach expeditiously may also be at risk of a GDPR fine.

That makes partnering with a dark web intelligence expert like Terbium Labs an increasingly smart choice in a digital world in which the bad guys have had the upper hand for too long. To find out more, get in touch today www.terbiumlabs.com