Censornet shortlisted for ‘Best Security Innovation in a SaaS Product’ at the SaaS awards

Censornet has been named as a finalist in the ‘Best Security Innovation in a SaaS Product’ category for the 2019 SaaS Awards, for creating the industry-first Autonomous Security Engine (ASE).

According to Censornet research, 32 percent of businesses have experienced a cyber breach or attack within the last 12 months. At the same time, more than half (57 percent) of businesses have suffered from alert overload over the past 12 months, and cyber fatigue is setting in, with fewer than 20 percent of alerts actually being investigated. ASE is changing the game when it comes to cyber security, taking the industry beyond events and alerts, and into 24×7 automated attack prevention. This unique product enables traditionally siloed services to share security event, context and state data continuously in real-time – automatically reacting at machine speed to threats and attacks, topping them before they enter the kill chain.

Now in its fourth year, the Software-as-a-Service Awards celebrate organisational successes and the software innovations which fuel them. The program has a global reach with over 400 organizations entering from all over the world including the US, Canada, Australasia, EMEA and the UK. With damages related to cyber crime set to hit $6 trillion by 2021, cyber security is a shared problem across these regions which needs to be addressed. Censornet’s selection in such a competitive category is a recognition of ASE’s innovative approach to relieving the burden on security teams, reducing the onslaught of alerts and thwarting attacks in real time.

Ed Macnair, CEO of Censornet, said: “We are delighted to see that Censornet is being recognised for creating the first product to meet the needs of the cyber security community today. Addressing issues such as the security skills gap and cyber fatigue, our ASE solution is truly changing the standard of the cyber security industry. This nomination is indicative of our commitment to innovation and our efforts to provide customers with forward-thinking solutions to the threats they face on a daily basis.”

SaaS Awards and Cloud Awards organiser Larry Johnson said: “The standard of entries this year was incredibly high, with consistent attention to innovation and most importantly, customer success. The volume of entries warranting consideration of a place on the coveted shortlist was unprecedented.

“In our fourth year promoting SaaS exclusively alongside its sister awards program, the Cloud Awards, we are again seeing widespread innovation from established blue-chips to agile start-ups. All seek to provide essential productivity tools to their users by leveraging cloud-based software solutions. The judges are set to have a nearly impossible task when selecting the final winners in a few short weeks.”

The SaaS Awards winners will be announced on Tuesday 27 August 2019 and the program will return in Spring 2020. To view the full shortlist, please visit: https://www.cloud-awards.com/2019-saas-shortlist/