27 Apr 2023 07:15
27 April 2023
BrandShield Systems plc
("BrandShield," the "Company," or the "Group")
Frost & Sullivan Recognises BrandShield for New Product Innovation Award in Digital Risk Protection
BrandShield Named a Leader in the Digital Risk Space by Cybersecurity Experts
BrandShield Systems plc (AIM: BRSD), a leading provider of cybersecurity solutions for brand oriented digital risk protection ("DRP"), has been recognised with the 2023 Global Digital Risk Protection New Product Innovation and Best Practices Award by Frost & Sullivan ("F&S"), the global business consultancy group.
BrandShield ranked highly for its ability to stay sensitive to emerging trends and challenges in the technology space. Further, the Company scored highly for its expansion into new markets and industry verticals, such as blockchain and gaming. F&S' industry experts commended BrandShield for its comprehensive brand protection capabilities, noting the highly adaptable features of the Company's AI-powered technology.
Concurrently, F&S highlighted BrandShield's "rapid growth over the last three years", recognising the Company's solid growth trajectory, which has enabled the Group to establish a global market presence with a strong portfolio of prominent customers.
As part of the selection process, F&S deployed its proprietary, measurement-based methodology and conducted in-depth research into shortlisted companies in each category. In addition to this research, the New Product Innovation Award's assessment process considered key performance indicators such as market share, revenue growth, customer acquisition, product/service value, and technological innovation.
This award comes a few months after the Company was named a top 3 DRP service provider globally in a 2022 review by F&S.
Yoav Keren, Chief Executive Officer of BrandShield, commented:
"We are extremely proud to be recognised by Frost & Sullivan as a leader in the digital risk protection space, an award which is the culmination of years of dedication and innovation."
"Our proprietary, AI-powered solutions have proven threat identification and takedown capabilities and have become essential in protecting brand reputation amid the growing sophistication of cybercriminals and the increasing threat of online attacks."
Martin Naydenov, Senior Industry Analyst at Frost & Sullivan, commented:
"BrandShield nicely fills a gap in the cybersecurity industry with its brand-oriented DRP platform and breadth of brand protection use cases, which its other competitors cannot easily replicate."
"BrandShield continues to stay on top of new market trends and challenges, continuously improving its capabilities, and offering new use cases to reflect the zeitgeist of the DRP market."
Enquiries:
BrandShield Systems plc Yoav Keren, CEO
| +44 (0)20 3143 8300 |
Spark Advisory Partners Limited (Nominated Adviser) Neil Baldwin / Andrew Emmott / James Keeshan
| +44 (0)20 3368 3554 |
Shore Capital (Joint Broker) Toby Gibbs / James Thomas (Corporate Advisory) Henry Willcocks (Corporate Broking)
| +44 (0)20 7408 4090 |
Vigo Consulting (Financial Public Relations) Jeremy Garcia / Kendall Hill brandshield@vigoconsulting.com | +44 (0)20 7390 0237 |
About BrandShield
Brandshield is a provider of cybersecurity solutions from brand protection to online threat hunting. BrandShield detects online threats and takes them down. The Company's client base is a growing list of organisations including Fortune 500 and FTSE100 companies. By utilising AI and big-data analysis, BrandShield monitors, detects, and removes online threats facing companies. These threats include social phishing, executive impersonation, fraud, brand abuse, and counterfeits.
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