PerimeterX Code Defender

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Additional Info

Company (that provides the nominated product / solution / service)PerimeterX
Websitehttps://www.perimeterx.com/
Company size (employees)100 to 499
Type of solutionCloud/SaaS

In 3 bullets, summarize why this product or service is different from the competition and deserves recognition:

- Unmatched Accuracy: Code Defender is a highly accurate, self-learning solution with real-time decision-making capabilities. It precisely tracks and monitors behavior and changes in scripts across the entire website supply chain, leveraging advanced machine learning models to isolate anomalies in real time that could result in data exfiltration.
- Deployment Flexibility: PerimeterX offers seamless and lightweight integration with existing web or mobile applications and infrastructure, including low-latency overhead without the need to install an in-line appliance or add a reverse proxy to the traffic flow. Native integration with dozens of third-party services from CDN to Analytics to SIEM enable customers full control of their bot mitigation strategy.
- Real-time Security Operations and Services: Since we are in a fierce arms race with ever-evolving and sophisticated attackers, we must complete any product with great support and services for our customers. PerimeterX offers best-in-class service and responsiveness, fully tailored onboarding and 24/7/365 security analyst oversight. As a part of our offering we provide proactive threat management with a dedicated SOC and by engaging and partnering with customers in real-time through Slack channels. We see this as a key component of a long-term, successful relationship.

Brief Overview

PerimeterX Code Defender is a new client-side application security solution that protects websites from Magecart, digital skimming, formjacking and PII harvesting attacks. Digital skimming is one of the fastest growing and most elusive attack types, as evidenced by the acceleration of Magecart attacks on major brands like Macy’s, Procter & Gamble’s First Aid Beauty, Delta Airlines and British Airways. The average cost of a data breach to a modern company is over $3.5 million. British Airways specifically faced a GDPR fine of over $220 million. Cybercriminals have discovered the weaknesses in client-side code, and enterprises need to adapt.
As logic moves to the front end, attackers are taking advantage of the increased attack surface on the client side. Industry estimates state that about 70% of website front-end code consists of third-party scripts or scripts from third-party libraries, creating an easy target for attackers. Code Defender tracks and monitors behavior and changes in scripts across the entire website supply chain, leveraging advanced machine learning models to detect anomalies in real time that could result in data exfiltration. This prevents data leakage or loss, protecting customers’ data from attackers trying to exploit client-side vulnerabilities which ultimately damage brand reputation.
With an average of $3.86 million lost in a modern data breach and over 20,000 domains recently hit by Magecart attacks, PerimeterX acknowledges the prevalence and increasing sophistication of these threats, proactively manages risks to security and compliance, and frees retailers to focus on sales growth and enhancing the customer experience.

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