Promote this Nomination
|Company size (employees)||100 to 499|
|Headquarters Region||North America|
In 3 bullets, summarize why this company is different from the competition and deserves recognition:
--An innovator applying AI to cybersecurity challenges. Cognito employs a unique array of artificial intelligence techniques, including supervised (pre-trained), unsupervised machine learning and deep learning techniques, to detect and respond to in-progress cyberattacks in real time. Integrated intelligence enables Cognito to correlate events to reveal the larger attack narrative.
In August 2017, Vectra was issued five U.S. patents for advanced cybersecurity analytics capabilities automated by AI. These patents demonstrate our security research and data science excellence in detecting and responding to emerging cyberthreats. Fourteen additional patent applications are pending.
-- Cognito speeds-up incident response. Cognito’s advanced threat-detection algorithms continuously learn the behavioral norms of devices, user accounts, ports and protocols to identify signs of compromise across enterprise infrastructure. Threats are automatically triaged, scored and correlated to compromised hosts, and attack behaviors are correlated across hosts to provide the “narrative” of developing attacks. These threats are prioritized on an intuitive user interface while alerting and remediation actions are taken with other security technologies.
Cognito offloads the repetitive manual work of threat hunting. An analysis of customers demonstrated that Cognito reduces security operations workload by 29X or more. https://info.vectra.ai/hubfs/Vectra-Attacker-Behavior-Industry-Report-2017-Q1.pdf
--Outstanding customer results. Prominent financial services firms, software, entertainment and media companies, healthcare providers, manufacturing, universities, and power utilities use Cognito. Verifone, Ticketmaster, HBO Latin America, Tribune Media Group, and Ottawa Hydro are just a few.
Texas A&M University System used Cognito to successfully detect and mitigate seven network cyberattacks in one year. “You’re looking at about $1 million every time you call in a post-breach forensic analysis firm,” said Dan Basile, executive director of the Texas A&M security operations center. “By eliminating the need for post-breach forensics, Cognito saved the university system $7 million in a year and we cut threat investigation times from several days to a few minutes.”
Summary of Achievements
Vectra is on a rapid growth trajectory with 2017 revenue growth of roughly 140% compared to 2016.
Vectra develops breakthrough artificial intelligence (AI) and data science technology to transform cybersecurity. The Cognito™ automated threat detection and response platform from Vectra® automates the hunt for cyberattacks and speeds-up incident response. Cognito is the fastest way to find and stop cyberattacks – from cloud and data center workloads to user and internet-of-things (IoT) devices.
The Vectra data science and threat research teams take unexplained phenomenon seen in customer networks and dig deeper to find the underlying reasons for the observed behavior. Vectra Threat Lab researchers identify, investigate a wide range of cyberattacks, security vulnerabilities and threat behaviors that largely go unnoticed by most security teams. With datasets from the research team, data scientists develop the machine learning algorithms behind Cognito. With a diverse history of applying cutting-edge AI to different problems, the Vectra team is extremely agile in a constantly changing threat landscape.
Gartner states: “Cognito excels at the ability to roll up numerous security events to create a single incident to investigate that describes a chain of related activities, rather than isolated alerts that an analyst then has to piece together.”
Growing demand to automate threat hunting and the recent advances in Cognito have driven a 294% year-over-year revenue growth in 3Q2017, on the heels of 208% year-over-year growth in 2Q2017.
Key executives are Hitesh Sheth, president and CEO; Oliver Tavakoli, CTO; Howie Shohet, CFO; Kevin Moore, senior vice president of field operations; Mike Banic, vice president of marketing; Kevin Kennedy; vice president of product management; Jason Kehl, vice president of engineering; and Gerard Bauer, vice president of EMEA sales.
Investors include Khosla Ventures, Accel Partners, IA Ventures, AME Cloud Ventures, DAG Ventures and Wipro Ventures.