Balbix Partners with Tokyo Electron Device to Bring AI-Powered Cybersecurity Posture Transformation to Japan

New reseller and distribution agreement provides Japanese enterprises
with AI-powered approach to increasing visibility across the attack
surface and prioritizing mitigation based on business risk

SAN JOSE, Calif.–(BUSINESS WIRE)–#AI–Balbix Inc., provider of the industry’s first system for cybersecurity
posture transformation, announced today that it has entered into a
reseller and distribution agreement with Tokyo Electron Device Limited
(TED). The partnership will provide companies in Japan with access to
Balbix’s AI-powered platform for automatic asset and vulnerability
discovery, continuous risk assessment and prioritized mitigation actions.

“In today’s modern IT environment, there are practically unlimited
combinations of methods by which adversaries can breach an enterprise.
As a result, analyzing and improving cybersecurity posture is no longer
a human scale problem,” said Gaurav Banga, CEO and Founder of Balbix.
“We are very pleased to be working with TED as a strategic channel
partner in Japan and bring to their customers a new level of capability
to tangibly transform cybersecurity posture.”

The Balbix platform discovers and analyzes customers’ attack surface in
real-time to provide 100x more accurate visibility of breach risk versus
legacy methods. Customers can automatically discover the full range of
devices, applications and users on their network, including previously
difficult to track assets like IoT, unmanaged devices and cloud/SaaS
services. Balbix automatically assesses the risk of all assets utilizing
a highly multidimensional risk model incorporating vulnerability
observations across 100+ attack vectors, active threats, business
criticality, exposure, and existing security controls. Customers get
access to real-time risk heatmaps with deep context and natural language
search capabilities which enable them to make high-quality cybersecurity
decisions.

“Through our relationship with Balbix, we will be able to offer
customers a market-leading platform for enabling dramatic and measurable
reduction in breach risk,” said Atsushi Tokushige, President and
Representative Director of Tokyo Electron Device. “As a value-added
partner with extensive reach across Japan and deep security solutions
expertise, we will sell Balbix to enterprise customers across a full
range of industry verticals, as well as via managed service providers in
an easily consumed, cloud-based service model.”

Balbix is a recognized leader in the cybersecurity market, named by
Gartner as a 2018 Cool
Vendor in Security and Risk Management
and by Enterprise Management
Associates (EMA) as a Value
Leader
. TED is VAR (value added reseller) and distributor in Japan,
providing network, storage and security solutions with L1/L2 support
including SOC services.

About Balbix

Balbix is the world’s first cybersecurity platform to leverage
specialized AI to provide real-time visibility into an organization’s
breach risk. The Balbix system predicts where and how breaches are
likely to happen, prescribes prioritized mitigating actions, and enables
workflows to address the underlying security issues. By using Balbix,
CISOs and CIOs can transform their organization’s cybersecurity posture,
reducing cyber risk by 95% or more, while making security teams 10 times
more efficient. Balbix counts many Global 1000 companies among its
rapidly growing customer base and was named a “Cool Vendor” by Gartner
in 2018. For more information, visit our website www.balbix.com
and blog https://blogs.balbix.com/,
follow us on Twitter https://twitter.com/balbixinc/
and LinkedIn https://www.linkedin.com/company/balbix/.

About Tokyo Electron Device (TED) CN BU

Tokyo Electron Device (TED) is a technical trading firm with a “trading
business” function that provides semiconductor products and IT solutions
as well as a “development business” function that performs commissioned
designing and the development of own-brand products.

The CN BU has marketing functions to catch the world’s most advanced
technology quickly and handles storage, network and security products
widely and it provides it as a business solution in the cloud era.

We consistently provide optimal solutions for customers from
installation to support. For more information, visit: http://cn.teldevice.co.jp/company_english/about_us

Contacts

Emily Ashley
10Fold for Balbix
[email protected]

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