Synack Named to the 2019 CNBC Disruptor 50 for Innovative Crowdsourced Security Platform

The only security platform to seamlessly coordinate human
intelligence and artificial intelligence for 24/7/365 security
augmentation.

REDWOOD CITY, Calif.–(BUSINESS WIRE)–lt;a href=”https://twitter.com/hashtag/disruptor50?src=hash” target=”_blank”gt;#disruptor50lt;/agt;–Synack, the most trusted crowdsourced penetration testing platform,
announced today it was named to the 2019 CNBC Disruptor 50 list. This is
the fourth time the company has been recognized for disrupting the
status quo in traditional security testing by scaling resource-strained
security teams with Synack’s elite crowdsourced ethical hacker team
augmented by Synack’s AI platform.

The largest challenges in cyber security today can be attributed to
difficulty scaling. Not only will there be more
than 3.5M open cybersecurity jobs by 2021
, but a growing number of
development organizations build and release new code multiple times per
day and on average, more
than 180 vendors access a company’s network in any given week
.

Synack is the first
penetration testing solution
to offer seamless integration of human
intelligence and artificial intelligence at a continuous 24/7/365
cadence to solve the issue of scale for security teams.

“Synack is making us smarter and faster. Continuous testing using the
Synack platform and the Synack crowdsourced red team, allows us to get
more detailed information about our vulnerabilities and weaknesses. We
now flow that information to members of the security team using the
Synack portal, and to our developers through Jira, closing the loop, and
resulting in faster remediation and more secure code development,” said
a Synack Fortune 500 customer.

Highlighting Synack’s position as a market leader, when Gartner’s
Crowdsourced Security Testing Platform (CSSTP) category was released
last year, Synack was the only security company profiled in the category.

Unlike a simple bug bounty program, Synack doesn’t just recruit a crowd
– it retains, develops, harnesses, and directs the crowd through
technology. Synack Missions provide structured testing methodologies to
its customers for strict adherence to compliance standards such as PCI
and NIST. “Synack’s highly structured approach to crowdsourced testing
puts the customer’s security team in control, and delivers fast,
actionable intelligence and analytics,” said Jay Kaplan, CEO and
Co-founder of Synack.

The company has also launched the industry’s first Attacker Resistance
Score, which helps organizations measure and understand their security
from a hacker’s perspective. Industries’ top brands are using this new
scoring standard to build brand trust with customers. On average, Synack
customers that have utilized crowdsourced penetration testing for two or
more years are up to 2x stronger against cyber attacks than they were in
their first year.

“No company or individual is safe from the onslaught of cyber threats
today regardless of size or brand value,” said Dr. Mark Kuhr, CTO and
Co-founder of Synack. “The adoption of Synack’s groundbreaking model has
become increasingly prevalent across government agencies, global
enterprise leaders, and high-growth organizations who realize they must
act now – and act differently – when it comes to cybersecurity.”

Today, Synack secures close to $1 trillion in Fortune 500 revenue, 75%
of the top credit card companies, top 10 consulting firms and security
companies, and over 50% of federal cabinet-level agencies. Today’s CNBC
Disruptor 50 accolade follows Synack’s recognition as a 2019 Cyber
Defender by CB Insights, CREST-accredited penetration testing provider,
CIO Review’s 20 Most Promising Enterprise Security Solution Providers,
The Software Report’s Top 25 CyberSecurity Companies, and Wealthfront’s
2019 Career-Launching Companies.

About Synack

Synack, the most trusted crowdsourced security platform, delivers
comprehensive and continuous penetration testing with actionable
results. The company combines the world’s most skilled and trusted
ethical hackers with AI-enabled technology to create a scalable,
effective security solution. Headquartered in Silicon Valley with
regional offices around the world, Synack protects leading global banks,
federal agencies, DoD classified assets, and close to $1 trillion in
Fortune 500 revenue. Synack was founded in 2013 by former US Department
of Defense security experts Jay Kaplan, CEO, and Dr. Mark Kuhr, CTO. For
more information, please visit www.synack.com.

Contacts

Ellie McCardwell, Synack Communications
Email: [email protected]

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