RedShield offers clients market-leading cyber security insurance solution
RedShield, will now be providing clients with a market leading cyber risk mitigation solution. The insurance and risk management service will be specifically available for companies that have RedShield’s website and application defense service.
This initiative is aimed at guiding New Zealand companies in taking the right steps to prepare, defend and recover from the increasing risk of cyber-attack. These attacks are estimated to have cost local companies over $625 million in the last 4 years, and forecast by the Government Communications Security Bureau (GCSB) to increase by 60% annually. Recent breach analysis has shown that web application security flaws are commonly used as a point of entry.
In developing this offering to their clients, RedShield has worked closely with Marsh, a global leader in insurance broking and risk management, and, Delta Insurance. This collaboration allows for these gaps in cyber risk control to be effectively managed through cyber security and insurance.
Marsh has been actively raising awareness of cyber risk and implementing facilities such as their global online questionnaire Cyber Risk Self-Assessment Tool, to broadly determine the relevance of a cyber-event on an organization.“It’s important for clients to understand that insurance is not the only step in solving this issue, and that security technology also does not guarantee complete protection. This collaboration provides our clients with well-rounded advice on cyber risk,” says Marsh New Zealand Head of Specialties Frederic Boles.
RedShield joins BT’s Security Arsenal
RedShield is pleased to announce a new global reseller agreement with BT, one of the world’s leading providers of communications services and solutions supporting customers in more than 180 countries around the world.
Under the terms of the agreement, BT will offer RedShield Security services to its existing and new customers. Those services include "RedShield Vulnerability Intelligence" and "RedShield Shielding".
Kate Kuehn, Head of Security, BT Americas says, “At BT we are constantly on the lookout for new, innovative services that complement our portfolio and address issues facing our customers. We welcome the RedShield service that protects customer applications in real time after our teams of ethical hackers and penetration testing experts have identified vulnerabilities. We see RedShield as a differentiator that provides a valuable service to our customers in the Americas region”.
Andy Prow, RedShield CEO and Co-Founder says, “We couldn’t be more pleased to have BT as a reseller partner. Their Innovation Programme process has been rigorous and taken over a year to complete, but it’s exciting to have the deal signed and be talking to businesses in need of RedShield”.
RedShield chalks up another success, with double Hi-Tech Award win
For leading New Zealand-owned cyber security firm, RedShield, dual wins at the NZ Hi-Tech Awards gala dinner earlier this month have marked the latest in a long line of successful milestones.
The NZ Hi-Tech judges were impressed with RedShield’s rapid growth and status as a world first “web application Shielding-with-a-Service” offering. Shielding-with-a-Service combines a superior shielding software product with an industry-leading cyber security services experience, protecting web-apps from malicious threats, and hackers.
Andy Prow says he and his team are delighted with the wins, which have come at a critical junction for the company, as it continues its push into key overseas markets, across the Tasman, as well as in the UK and US.
RedShield chalks up another success, with double Hi-Tech Award win “We’ve just formally launched our US operations, with the establishment of an on-the-ground team in Denver, Colorado – and we’re currently in well-established talks with a number of Fortune 500 companies, each of which represents a huge opportunity for the business. I’m excited to say we now have a truly global roster of paying clients, across those four critical markets, including NZ.”
“We’re confident that the world-class shielding technology, systems and consulting skills we have in place, coupled with the prestige of accolades like the Hi-Tech Awards, will stand us in excellent stead.”
29th March 2017 - RedShield finalists in the NZ Hi-Tech Awards
Leading web-application protection specialist, RedShield Security Ltd, has been announced as finalists in the 2017 New Zealand HiTech Awards in three categories.
Most Innovative Hi-Tech Software Product + Innovative Hi-Tech Service + Innovative Company.
Fingers crossed for the Gala Event on 12th May in Auckland!
18th March 2017 - RedShield Signs First USA Reseller Deal
RedShield are please to announce our first US partner Connect I.T Solutions (www.citsus.com).
Connect I.T. has offices across the US, with global customers to whom they offer I.T. and security consulting and solutions across a wide range of sectors including finance, aerospace, energy, retail, manufacturing, technology and healthcare.
23rd December 2016 - RedShield Completes Series A Funding Round of $6.2 million
Leading web-application protection specialist, RedShield Security Ltd, today announced it has successfully raised NZD $6.2 million as part of a Series A funding round from Sage Technologies Ltd - the technology venture of investment manager and QuantRes founder Harald McPike.
16th November 2016 - RedShield wins iSANZ Security Company of the Year
RedShield is a Kiwi-owned fully managed service cybersecurity provider that has just won big at the latest iSANZ Awards. With a continuous Find-Manage-Fix-Monitor programme, the company says it can fix almost all detected issues, including logic flaws. They do this by fixing old, new or third party applications without clients' developers writing a single line of code.
18th November 2015 - RedShield Appoints Kordia as Australasian Agent
RedShield is delighted to announce that as part of Kordia's acquisition of our sister company, Aura Information Security (announced Wednesday 18th November, 2015), Kordia will become an agent for the RedShield web application shielding service in New Zealand and Australia. This key development will further enhance the provision of services to RedShield's reseller channel.
"Having Kordia as our Australasian partner will significantly grow our Trans-Tasman presence and capability, and will help to assist and accelerate RedShield’s global growth,” says Andy Prow, CEO of RedShield, and previously CEO of Aura Information Security.
"RedShield is perfectly poised to address the dangerous threats posed by malicious cyber attacks and we have dedicated nodes in New Zealand, Australia and the USA to do just that. Following our recent appointment to the New Zealand Government's TaaS panel we're also part of the collective effort to shield their Internet-facing systems and protect the information of all New Zealanders. We're firmly committed to achieving that goal, whilst also seeking to shield the world's highest value, most vulnerable websites and web-apps," he adds.
13th November 2015 - RedShield to shield all of New Zealand Government
RedShield is both proud and excited about its selection to shield New Zealand Government's web-sites and web-based applications from cyber-attack. RedShield will be providing Secure Application Publishing to the New Zealand Government via the new TaaS program. We take this role very seriously, as part of the wider effort to further strengthen New Zealand’s online systems, and look forward to assisting.