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Jim Ortbals will support channel programs while Ryan Vaupel will lead operations

NEW YORK, NY (June 7, 2023) – <a href="https://www.deepinstinct.com/" target="_self">Deep Instinct</a>, the prevention-first cybersecurity company that stops unknown malware pre-execution with a purpose-built, AI-based deep learning (DL) framework, today announced the hiring of <a href="https://www.linkedin.com/in/jimortbals/" target="_blank">Jim Ortbals</a> as its Vice President, Americas Channels and <a href="https://www.linkedin.com/in/ryanvaupel/" target="_blank">Ryan Vaupel</a> as its Vice President, Operations.In his role, Ortbals will focus on growing Deep Instinct’s channel program, supporting existing partners, and forging new relationships while Vaupel will lay the foundation for operational excellence.“The industry is at a tipping point with the rise of generative AI promising to broadly increase not only the velocity of attacks but also severity. It is a wakeup call for organizations to focus their attention on prevention and the only way we get there is with the most sophisticated form of AI – deep learning,” said Lane Bess, chief executive officer of Deep Instinct. “Jim and Ryan will both play an integral role for Deep Instinct during this time of immense growth.”Ortbals, an experienced channel leader, was most recently in charge of Zscaler’s Global Service Provider, MSSP, and Distribution routes-to-market. During his tenure, he worked with many of the top partners across the globe. Over the past 20 years, he has held various global channel and field sales leadership positions at large multinational companies, including VMware &amp; Cisco, and with late-stage startups such as Zerto.“In today’s complex threat landscape, our channel partners and customers are looking for innovation in cybersecurity, not more detection and response. The Deep Instinct Stratosphere Partner Program is bringing predictive prevention to our partners to lower risk for customers around the globe and the demand is growing,” said Ortbals. “My focus is to develop our partner ecosystem and ensure they have the right tools and solutions to be successful.”Vaupel, who most recently served as the Senior Vice President of Global Operations at ZIMPERIUM and held a similar leadership position at Zerto (acquired by Hewlett Packard Enterprise), has nearly two decades of global, hands-on, executive level experience. He brings a strong combination of technology, enterprise sales, leadership, transformation, and operations expertise to Deep Instinct. Throughout his career, he has had considerable success building and leading action-oriented teams at both startup and Fortune 500 companies.“The status quo reactionary security model is failing to stop zero-day, ransomware, and other unknown threats until after they are already inside an organization. Deep Instinct’s prevention platform provides organizations with a proactive security model that prevents threats before they can execute in an environment,” said Vaupel. “I look forward to driving our organization at maximum operating efficiency to ensure we delight our customers, partners, and employees.<h5>About Deep Instinct</h5>Deep Instinct takes a prevention-first approach to stopping ransomware and other malware using the world’s first and only purpose-built, deep learning cybersecurity framework. We predict and prevent known, unknown, and zero-day threats in &amp;lt;20 milliseconds, 750x faster than the fastest ransomware can encrypt. Deep Instinct has &amp;lt;99% zero-day accuracy and promises a &amp;lt;0.1% false positive rate. The Deep Instinct Prevention Platform is an essential addition to every security stack – providing complete, multi-layered protection against threats across hybrid environments. For more, visit www.deepinstinct.com.Media Contact Maddie Meuse Inkhouse for Deep Instinct deepinstinct@inkhouse.com

Deep Instinct Appoints Two New Executives to Drive Demand for Prevention-first Cybersecurity

Wood continues to advance the company’s Stratosphere program to meet growing partner demand for prevention-first cybersecurity powered by deep learning.

NEW YORK, NY, May 8, 2023 – <a href="https://www.deepinstinct.com/" target="_self">Deep Instinct</a>, the prevention-first cybersecurity company that stops unknown malware pre-execution with a purpose-built, AI-based deep learning (DL) framework, today announced that <a href="https://www.crn.com/" target="_blank">CRN</a>®, a brand of <a href="https://www.thechannelco.com/" target="_blank">The Channel Company</a>, has named Phanneth Wood, Director of Global Distribution, to the <a href="https://go.thechannelco.com/MzI5LUtFSS0xMjQAAAGLYw9DWWcZJc5liKsE-peNF5Ht8Jr_K6aIhXV49yWMc7u34M1RaeuHLVAOzySRH2e3jl3HY6k=" target="_self">2023 Women of the Channel list</a>.“We are ecstatic to announce this year’s honorees and shine a light on these women for their significant achievements, knowing that what they’ve accomplished has paved the way for continued success within the IT channel,” said Blaine Raddon, CEO of The Channel Company. “The channel is stronger because of them, and we look forward to seeing what they do next.”With over 18 years of experience in the channel, Phanneth helps deliver Deep Instinct’s 100% channel commitment to enterprises implementing prevention-first cybersecurity. In 2022, she helped architect <a href="https://www.deepinstinct.com/partners" target="_self">Stratosphere</a>, Deep Instinct’s loyalty-based partner program that enables partners to earn incremental margins based on frequent-flier style loyalty points, rather than through volume bookings alone.“Phanneth’s passion and energy in leading Deep Instinct’s channel initiatives has taken our program to the next level,” said Ed Carter, CRO of Deep Instinct. “Phanneth and her team have made significant strides in equipping partner organizations with a disruptive, prevention-first approach to cybersecurity. As the Deep Instinct Stratosphere Partner Program continues to expand and build loyalty across the globe, we know Phanneth will ensure our channel partners are achieving the highest levels of success.”To learn more about Deep Instinct Stratosphere’s global partner program and how to become a Deep Instinct partner, visit <a href="https://www.deepinstinct.com/partners" target="_self">www.deepinstinct.com/partners</a>.<h5>About Deep Instinct</h5>Deep Instinct takes a prevention-first approach to stopping ransomware and other malware using the world’s first and only purpose-built, deep learning cybersecurity framework. We predict and prevent known, unknown, and zero-day threats in &lt;20 milliseconds, 750x faster than the fastest ransomware can encrypt. Deep Instinct has &gt;99% zero-day accuracy and promises a &lt;0.1% false positive rate. The Deep Instinct Prevention Platform is an essential addition to every security stack – providing complete, multi-layered protection against threats across hybrid environments. For more, visit <a href="https://www.deepinstinct.com/" target="_self">www.deepinstinct.com</a>.<h5>About The Channel Company</h5>The Channel Company enables breakthrough IT channel performance with our dominant media, engaging events, expert consulting and education, and innovative marketing services and platforms. As the channel catalyst, we connect and empower technology suppliers, solution providers, and end-users. Backed by more than 30 years of unequaled channel experience, we draw from our deep knowledge to envision innovative solutions for ever-evolving challenges in the technology marketplace. <a href="https://www.thechannelcompany.com/" target="_blank">www.thechannelcompany.com</a><h5>Media Contact</h5>Maddie Meuse Inkhouse for Deep Instinct <a href="mailto:deepinstinct@inkhouse.com" target="_self">deepinstinct@inkhouse.com</a>

Deep Instinct’s Phanneth Wood a CRN 2023 Women of the Channel Award Winner

Deep Instinct helps Managed Detection and Response (MDR) providers deliver superior endpoint threat prevention as the complexity of unknown attacks increases

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NEW YORK, NY (April 24, 2023) – <a href="https://www.deepinstinct.com/" target="_self">Deep Instinct</a>, the first cybersecurity company that stops unknown malware pre-execution with a purpose-built, AI-based deep learning (DL) framework, today announced a new partnership with <a href="https://www.esentire.com/" target="_blank">eSentire</a>, a leader in Managed Detection and Response (MDR) cybersecurity services. This partnership will protect eSentire customers from unknown and zero-day attacks with an efficacy and speed not delivered by any other MDR provider.As ransomware and data exfiltration become more prevalent and damaging to businesses, the need for proactive cybersecurity has never been greater. Gartner projects that more than 60 percent of organizations using Endpoint Detection and Response (EDR) will also deploy MDR by 2026. The strategic partnership between Deep Instinct and eSentire will not only enable go-to-market collaboration but will augment eSentire’s award-winning threat response capabilities with technological integrations designed specifically to predict and prevent unknown and zero-day threats.“Deep Instinct’s partnership with eSentire validates our belief that remediation after a breach is inadequate and too late, and a proactive security approach is what is required to keep organizations safe,” said Lane Bess, CEO, Deep Instinct. “As the MDR and MSSP market continues to grow Deep Instinct’s speed and efficacy will pair with eSentire’s investigative capabilities with technological integrations designed specifically to predict and prevent unknown and zero-day threats.”“eSentire is committed to helping organizations globally anticipate, withstand, and recover from cyber-attacks,” said Kerry Bailey, CEO of eSentire. “We are excited to partner with Deep Instinct because we share a mutual mission of stopping attacks before they spread in order to prevent business disruption.”<h4>New Board Member Accelerates Strategic Partnership</h4>In addition to this partnership, Deep Instinct also announced today that current eSentire Board Member <a href="https://www.linkedin.com/in/amitmital/" target="_blank">Amit Mital</a> will join its Board of Directors. Most recently, Mital served as a special assistant to the President and senior director of the National Security Council in The White House. Mital brings 30 years of industry experience, spending most of that time as a corporate vice president at Microsoft, leading the conceptualization and execution of disruptive technologies and products.“Having served on a board with Amit and knowing his deep technology skills and understanding of the MSSP/MDR market makes him a natural fit as we further expand our relationships as the best malware prevention choice for MDRs, MSSPs, service providers, and carriers,” said Bess.“MDR has become a priority as both the complexity of security stacks and the volume of attacks increase,” said Mital. “I am confident that this partnership delivers a market-leading approach to threat prevention that finally gets ahead of unknown threats. As a contributor to both boards, I look forward to fostering this unique opportunity and strategic partnership to better serve customers.”For more information, case studies, and resources, please visit: <a href="https://www.deepinstinct.com/" target="_self">www.deepinstinct.com</a>.###<h4>About Deep Instinct</h4>Deep Instinct takes a prevention-first approach to stopping ransomware and other malware using the world’s first and only purpose-built, deep learning cybersecurity framework. We predict and prevent known, unknown, and zero-day threats in &lt;20 milliseconds, 750x faster than the fastest ransomware can encrypt. Deep Instinct has &gt;99% zero-day accuracy and promises a &lt;0.1% false positive rate. The Deep Instinct Prevention Platform is an essential addition to every security stack – providing complete, multi-layered protection against threats across hybrid environments. For more, visit <a href="https://www.deepinstinct.com/" target="_self">www.deepinstinct.com</a>.Media Contacts Maddie Meuse Inkhouse for Deep Instinct <a href="mailto:deepinstinct@inkhouse.com" target="_blank">deepinstinct@inkhouse.com</a>Suzanne van de Raadt Director, Public Relations <a href="mailtio:suzannev@deepinstinct.com" target="_blank">suzannev@deepinstinct.com</a> 1.646.404.4027

Deep Instinct Announces Strategic Partnership with eSentire

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New York, March 28, 2023 – Deep Instinct, the prevention-first cybersecurity company that stops unknown malware pre-execution with a purpose-built, AI-based deep learning (DL) framework, announced that Ed Carter has joined the company as Chief Revenue Officer. In this role, Carter will drive Deep Instinct's growth and expansion with enterprise customers, technology and channel partners, and MSSPs, by delivering on the prevention-first mission. "As we accelerate our growth, Ed Carter brings the level of leadership experience to build a scalable and repeatable go-to-market team. His success as a sales leader and champion of channel partnerships matches the proven model that will lead Deep Instinct to the public markets,” said Lane Bess, chief executive officer of Deep Instinct. "I am extremely excited about Deep Instinct's strong value proposition. The deep learning framework is foundational for the next generation of AI-based cybersecurity solutions,” Carter said. “I believe that the ‘prevention-first’ approach will be disruptive and is a quantum leap forward to address the continued board-level concerns about ransomware and other debilitating attacks." Carter is no stranger to bringing disruptive technologies to market at scale, highlighted by his impact on bringing converged infrastructure to market while at VCE (now Dell EMC) and Zerto (HPE). Most recently, as the CRO at Zimperium, Carter architected and executed a global enterprise growth strategy. <h5>About Deep Instinct </h5>Deep Instinct takes a prevention-first approach to stopping ransomware and other malware using the world’s first and only purpose-built, deep learning cybersecurity framework. We predict and prevent known, unknown, and zero-day threats in &lt;20 milliseconds, 750X faster than the fastest ransomware can encrypt. Deep Instinct has &gt;99% zero-day accuracy and promises a &lt;0.1% false positive rate. The Deep Instinct Prevention Platform is an essential addition to every security stack—providing complete, multi-layered protection against threats across hybrid environments. For more, visit <a href="https://www.deepinstinct.com/" target="_self">www.deepinstinct.com</a>.

Deep Instinct Appoints Ed Carter as Chief Revenue Officer to Scale Growth of Prevention-first Cybersecurity

Deep Instinct is Transforming Cybersecurity with Deep Learning to Prevent Unknown Cyber Threats

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New York, NY – March 7, 2023 – <a href="https://www.deepinstinct.com/" target="_self">Deep Instinct</a>, the first company to apply deep learning to cybersecurity, today announced an investment from PayPal Ventures. This investment further validates confidence in Deep Instinct’s unrivaled ability to see cyber threats well before other solutions can. The funding will help further accelerate Deep Instinct's growth, driven by its disruptive threat prevention technology.“Deep Instinct has developed an industry-leading threat prevention platform, allowing enterprises to get ahead of cybercriminals and malicious threats,” said Alan Du, Partner at PayPal Ventures. “We’re thrilled to invest in Deep Instinct and believe the company will help move the cybersecurity industry beyond its current detection and remediation focus to a prevention-first model.”"We are excited that PayPal Ventures sees the market potential of using deep learning to safeguard against cyber-criminal activity by immediately preventing even the most advanced attacks," said Lane Bess, CEO of Deep Instinct. "With the support of our investors, I'm convinced that the future of cybersecurity is on the cusp of a long-awaited change inspiring every enterprise to adopt a prevention-first strategy."Deep Instinct currently protects customers across North America, Europe, and APAC, with enterprise customers tripling in 2022, including strategic wins with numerous Global 2000 companies. PayPal Ventures joins our existing investor base, including BlackRock, Chrysalis Investments, Millennium, Unbound, Untitled Investments, The Tudor Group, Coatue Management, and others.<h3>About PayPal Ventures</h3>PayPal Ventures is the global corporate venture arm of PayPal. We invest for financial return, in companies at the forefront of innovation in fintech, commerce enablement, digital infrastructure, and crypto/blockchain technologies. Through the expertise, experience, and vast network of PayPal Ventures – and the companies we invest in – we are helping to bring transformative solutions to market faster. For more information, please visit: <a href="https://about.pypl.com/how-we-work/paypal-ventures/default.aspx" target="_blank">https://about.pypl.com/how-we-work/paypal-ventures/default.aspx</a><h3>About Deep Instinct</h3>Deep Instinct is the only prevention-first cybersecurity company with natively architected deep learning platform. We keep enterprises safe by stopping &gt;99% of threats before other solutions even see them – at a speed and scale, unprecedented in the industry. Deep Instinct significantly reduces detection noise and false alert storms to reduce overall risk, improve SOC team productivity, and improve the total cost of ownership of our customers' entire cybersecurity stack. For more, visit <a href="https://www.deepinstinct.com/" target="_self">www.deepinstinct.com</a>.

PayPal Ventures Invests in Threat Prevention Leader Deep Instinct

The Only New Vendor to be Added and Recognized for their Ability to Execute and Completeness of Vision.

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NEW YORK, NY, March 1, 2023 – Deep Instinct, the first company to develop a purpose-built, AI-based deep learning (DL) framework for cybersecurity, announced their inclusion in the 2022 Gartner Magic Quadrant for Endpoint Protection Platforms (EPP). Of the 18 vendors in the 2022 report, Deep Instinct is the only new vendor to be added for its ability to execute and completeness of vision.The number of successful breaches, largely based on zero-day and unknown threats, is growing exponentially. Deep Instinct directly addresses this challenge by preventing attacks, pre-execution, and without human intervention. <a href="https://www.ponemon.org/" target="_blank">Ponemon Institute</a> reports that a full 76% of successful attacks on organizations were zero-day attacks and are expected to be responsible for damages of around $2.5 trillion in 2022 alone.“Cyber-attacks are now among the top boardroom concerns, and to date, no technology firm has been able to effectively deliver a prevention solution. The impact on enterprises has been significant. Even after investing millions of dollars on a detection and remediation strategy advocated by many of the vendors in the market, none has been able to predict and prevent like Deep Instinct,” said Lane Bess, CEO of Deep Instinct. “We applaud our Gartner recognition and inclusion of our company because we believe it signals a new day where the risk to enterprises, and the investment level to remediate, must be revisited. We see our inclusion in the 2022 Gartner Magic Quadrant for EPP as acknowledgement that EDR is important, but prevention must have a higher focus.”Cybersecurity professionals recognize the need for change, with 83 percent <a href="/news/incident-response-to-cyberattacks-take-over-two-working-days-according-to-latest-industry-survey" target="_self">dissatisfied with current EPP and EDR solutions</a> and feeling that they deserve better. Deep Instinct’s strategy <a href="/endpoint-detection-response" target="_self">complements existing EDR solutions</a> and provides the missing layer that can significantly improve security posture, increase operational efficiency, and lower risk. To reinforce the need, over <a href="/news/the-great-resignation-reaches-the-cybersecurity-industry" target="_self">45 percent of SecOps professionals considered quitting</a> the industry on at least one or two occasions, worn down by a defeatist “assume breach” philosophy.Deep learning (DL) is the most advanced form of Artificial Intelligence and is the enabler for true prevention of zero-day and unknown attacks. A DL-based solution offers the best approach for pulling ahead of bad actors to prevent attacks and improve SOC productivity. With this AI advantage, Deep Instinct stops threats faster, with greater accuracy while significantly lowering dependence on hand-tailored/human-engineered features. This leads to a reduction in false positives to &lt;0.1% and makes it close to impossible to evade detection and incredibly difficult to outsmart defenders ensuring better outcomes.Disclaimer:Gartner, Magic Quadrant for Endpoint Protection Platforms, Peter Firstbrook, Chris Silva, 31 December 2022.GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, and MAGIC QUADRANT is a registered trademark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved.Gartner does not endorse any vendor, product, or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.<h3>About Deep Instinct</h3>Deep Instinct is the only prevention-first cybersecurity company with natively architected deep learning technology. We keep enterprises safe by stopping &gt;99% of threats before other solutions even see them – at a speed and scale unprecedented in the industry. Deep Instinct significantly reduces detection noise and false-alert storms to reduce overall risk, improve SOC team productivity, and improve the total cost of ownership of the cybersecurity stack. For more, visit <a href="https://www.deepinstinct.com/" target="_self">www.deepinstinct.com</a>.<h3>Contacts</h3>Katie Brookes Merritt Group for Deep Instinct deepinstinct@merrittgrp.comSuzanne van de Raadt Director, Public Relations suzannev@deepinstinct.com 1.646.404.4027

Deep Instinct Included in the 2022 Gartner® Magic Quadrant™ for Endpoint Protection Platforms (EPP)

Bi-Annual threat report highlights significant changes to ransomware gangs and malware campaigns

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NEW YORK, NY, October 31, 2022 – <a href="https://www.deepinstinct.com/" target="_self">Deep Instinct</a>, the first company to apply end-to-end deep learning to cybersecurity, today released its <a href="https://www.deepinstinct.com/cyber-threat-reports" target="_self">2022 Bi-Annual Cyber Threat Report</a>. The newest edition of the report focuses on the top malware and ransomware trends and tactics from the first half of 2022 and provides key takeaways and predictions for the ever-evolving cybersecurity threat landscape.“2022 has been another record year for cyber criminals and ransomware gangs. It’s no secret that these threat actors are constantly upping their game with new and improved tactics designed to evade traditional cyber defenses,” said Mark Vaitzman, Threat Lab Team Leader at Deep Instinct. “The goal of this report is to outline the wide range of challenges that organizations and their security teams face daily. Defenders must continue to be vigilant and find new approaches to prevent these attacks from happening.”Report findings include the following key takeaways:<ol><li>Changes in threat actor structure: Some of the most prevalent activities observed include changes within the world of ransomware gangs, including LockBit, Hive, BlackCat, and Conti. The latter has spawned “Conti Splinters” made up of Quantum, BlackBasta, and BlackByte. These three prominent former affiliate groups to the Conti operation emerged under their own operations following the decline of Conti.</li><li>Malware campaigns in flux: The report highlights the reasons behind significant changes to Emotet, Agent Tesla, NanoCore, and others. For example, Emotet uses highly obfuscated VBA macros to avoid detection.</li><li>As Microsoft shuts down one avenue, bad actors open others: Deep Instinct’s researchers found that the use of documents for malware has decreased as the prior number one attack vector, following Microsoft’s move to disable macros by default in Microsoft Office files. Threat actors have already been seen shifting gears and implementing other methods to deploy their malware, such as LNK, HTML, and archive email attachments.</li><li>Major exploitable vulnerabilities: Vulnerabilities such as SpoolFool, Follina, and DirtyPipe highlighted the exploitability of both Windows and Linux systems despite efforts to enhance their security. Analysis of <a href="https://www.cisa.gov/known-exploited-vulnerabilities" target="_self">CISA’s published known exploited vulnerability catalog</a> suggests that the number of exploited in-the-wild vulnerabilities spikes every 3-4 months and we’re expecting the next spike as we get closer to the end of the year.</li><li>Data exfiltration attacks are now extending to third parties: Threat actor groups are utilizing data exfiltration within their attack flows in order to demand ransom for the leaked data. In the case of sensitive data exfiltration, there are less remediation options so many threat actors are going even further and demanding ransoms from third-party companies if the leaked data contains their sensitive information.</li></ol>Not surprisingly, ransomware attacks remain a serious threat to organizations, as there are currently <a href="https://www.bleepingcomputer.com/news/security/list-of-ransomware-that-leaks-victims-stolen-files-if-not-paid/" target="_self">17</a> leaked databases operated by threat actors who are leveraging the data for attacks on third-party companies, most notably social engineering, credential theft, and triple-extortion attacks.The report also makes three specific predictions:<ul><li>Insiders and affiliate programs: Malicious threat actors look for the weakest link. With continued innovations in cybersecurity some threat actors choose to locate either weak targets or simply pay an insider. Groups like Lapsus$ do not rely on exploits but instead look for insiders who are willing to sell access to data within their organization.</li><li>Protestware on the rise: There is an increase in the trending phenomenon of <a href="https://theconversation.com/protestware-is-on-the-rise-with-programmers-self-sabotaging-their-own-code-should-we-be-worried-190836" target="_self">protestware</a>, which can be defined as self-sabotaging one’s software and weaponizing it with malware capabilities in an effort to harm all or some of its users. The war between Russia and Ukraine caused a surge in protestware, with the most notable example being the node-ipc wiper, a popular NPM package. It’s not easy to spot such supply chain attacks, and they are usually detected only after affecting several victims.</li><li>End-of-year attacks: While we have not yet heard of a major vulnerability in 2022 similar to the Log4J or the Exchange cases in 2021; there is an increase year-over-year in the number of publicly assigned CVEs for reported vulnerabilities. Threat actors are still exploiting old vulnerabilities during 2022 simply because there is a plethora of unpatched systems for 2021 CVEs.</li></ul>For more information on the current state of the cybersecurity threat landscape and how it will continue to evolve, please visit: <a href="https://www.deepinstinct.com/cyber-threat-reports" target="_self">https://www.deepinstinct.com/cyber-threat-reports</a>.###About Deep Instinct Deep Instinct takes a prevention-first approach to stopping ransomware and other malware using the world’s first and only purpose-built, deep learning cybersecurity framework. We predict and prevent known, unknown, and zero-day threats in &lt;20 milliseconds, 750x faster than the fastest ransomware can encrypt. Deep Instinct has &gt;99% zero-day accuracy and promises a &lt;0.1% false positive rate. The Deep Instinct Prevention Platform is an essential addition to every security stack–providing complete, multi-layered protection against threats across hybrid environments. For more, visit <a href="http://www.deepinstinct.com/" target="_self">www.deepinstinct.com</a>Media Contacts: Katie Brookes Merritt Group for Deep Instinct <a href="mailto:deepinstinct@merrittgrp.com" target="_self">deepinstinct@merrittgrp.com</a>Suzanne van de Raadt Director, Public Relations and Executive Communications <a href="mailto:suzannev@deepinstinct.com" target="_self">suzannev@deepinstinct.com</a> 1.646.404.4027

New Threat Report from Deep Instinct Identifies Gang Changes, New Tactics, and New Victims in 2022

BlackRock leads new $62.5M funding round as the company accelerates growth

NEW YORK, NY – September 20, 2022 – <a href="https://www.deepinstinct.com/" target="_self">Deep Instinct</a>, the first company to apply end-to-end deep learning to cybersecurity, today announced that Lane Bess, former Palo Alto Networks CEO and Zscaler COO, is taking over as CEO, effective immediately. As an early investor and then Executive Chair of Deep Instinct’s Board, Bess has intimate knowledge of the company’s mission, innovation strategy, and ongoing operations. Under his leadership, Deep Instinct closed $62.5 million in new financing led by funds and accounts managed by BlackRock, alongside other existing investors, including Chrysalis Investments, Millennium, and Unbound. The latest investment will accelerate the growth of Deep Instinct as the company further penetrates the market with its disruptive threat-prevention technology.Bess has more than 35 years of experience in cybersecurity and technology with a proven track record of leading rapidly growing cybersecurity companies. He was formerly CEO of Palo Alto Networks for several years before its IPO. After that, he took on the role as COO of Zscaler where he partnered with founder Jay Chaudhry to lead the rapid scaling of the company up until its successful IPO.“Deep Instinct’s deep learning technology uniquely spans the continuum of the enterprise cybersecurity infrastructure, offering the broadest set of unique pre-execution prevention capabilities to address the most advanced cyber threats," Bess said. "I'm excited about leading the company’s growth and I'm honored that BlackRock is demonstrating continued trust in Deep Instinct by leading our latest investment round."“Confronted with ceaseless cyberattacks, Deep Instinct’s deep learning technology is unique in its potential to prevent and protect businesses across the globe from cyber breaches,” said Matthew Singer, Managing Director at BlackRock.As part of this leadership change, Guy Caspi, Deep Instinct’s co-founder and former CEO succeeds Lane Bess as Board Chair and is now the company’s Chief Product Officer.“Seven years ago, we created Deep Instinct to help move our industry beyond its narrow focus on detection and remediation to prevention, which is the most critical factor to help enterprises avoid costly impacts to their businesses. Deep Instinct remains the only cybersecurity company that can leverage deep learning to stop threats before they impact our customers. I am dedicated to changing the world of cybersecurity and making this company an industry game-changer,” said Caspi.About Deep InstinctDeep Instinct takes a prevention-first approach to stopping ransomware and other malware using the world’s first and only purpose-built, deep learning cybersecurity framework. We predict and prevent known, unknown, and zero-day threats in &lt;20 milliseconds, 750X faster than the fastest ransomware can encrypt. Deep Instinct has &gt;99% zero-day accuracy and promises a &lt;0.1% false positive rate. The Deep Instinct Prevention Platform is an essential addition to every security stack—providing complete, multi-layered protection against threats across hybrid environments. For more, visit <a href="http://www.deepinstinct.com" target="_self">www.deepinstinct.com</a>.###Media Contacts:Katie Brookes Merritt Group for Deep Instinct <a href="mailto:deepinstinct@merrittgrp.com" target="_self">deepinstinct@merrittgrp.com</a>Suzanne van de Raadt Director, Public Relations <a href="mailto:suzannev@deepinstinct.com" target="_self">suzannev@deepinstinct.com</a> 1.646.404.4027

Deep Instinct Appoints Former Palo Alto CEO and Zscaler COO Lane Bess as CEO

New partner program enables MSSP community to deliver end-to-end prevention-first cybersecurity to protect customers from unknown and zero-day threats

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New York, NY – August 17, 2022 – <a href="/" target="_self">Deep Instinct</a>, the first company to apply end-to-end deep learning to cybersecurity, today announced the formal launch of its Stratosphere Managed Security Service Providers (MSSP) program. It’s designed to enable MSSPs to bring Deep Instinct to customers all over the world, increasing the security posture of their customers while growing their business. Deep Instinct provides a secure, multi-tenancy security platform that can effortlessly support a multitude of clients on a single solution.MSSPs understand that ransomware is <a href="https://www.forbes.com/sites/tonybradley/2022/07/25/proof-is-in-the-pudding-for-deep-instinct/?sh=56e678576f19" target="_self">the top cybersecurity concern</a> for many of their customers, and that the rapid escalation of false positives from less accurate solutions is straining their already stressed and overworked staff. In addition, with the dynamic nature of today’s remote and hybrid workforce, a lack of secure connectivity to the internet has created several additional risks, including use of personal devices for work and weak security controls. Couple this with the fact that most endpoint protection technologies rely on daily signature updates, and the risk of a breach further increases given <a href="https://dataprot.net/statistics/malware-statistics/" target="_self">the number of malware variants</a> that are created daily. The Deep Instinct Stratosphere MSSP Program addresses these concerns by providing access to the company’s best-in-class endpoint protection platform that was custom-built with MSSP’s requirements in mind. Driving new business is a key MSSP requirement, and Deep Instinct’s unique enablement strategy creates a symbiotic relationship focused on partner profitability first. The Deep Instinct Stratosphere MSSP Program provides partners with the following key benefits: <ul><li>Immediate Cost Savings: With more than 40% reduction in alerts and false positive events, and a false positive rate of less than 0.1%, as validated by Unit 221B, Deep Instinct eliminates the costs associated with help desk calls, time spent troubleshooting, and re-imaging infected systems. This allows MSSPs to support more clients with less staff.</li><li>Ease of Management: Provides a multi-tenancy, single pane of glass experience for monitoring and supporting clients easily and securely. MSSPs can view and respond to all threats and events at a glance in one master console and have the flexibility to drill down to individual clients for incredible detail with a single click.</li><li>Business Flexibility: License options are available for all product features. Customers can be billed either monthly or annually on the base rate of a single, all-inclusive price per seat.</li><li>Technical Account Manager: An assigned technical expert is available to assist with the Deep Instinct Prevention Platform.</li><li>Access to MDF and Leads: In addition to prospect leads from Deep Instinct, MSSPs may be eligible to earn Marketing Development Fund (MDF) rebates to drive additional demand generation activities.</li></ul>“MSSP customers around the world continue to face the constant threat of ransomware. SMBs cannot keep up with the speed, volume, and sophistication of today’s threats while balancing the needs of the business,” said Brian Feeney, Vice President, Global Channels & Alliances at Deep Instinct. “Relying on humans as a line of defense will never provide the required protection nor peace of mind that organizations require in their battle against unknown and zero-day threats. With our Stratosphere program, MSSPs can now truly focus on prevention with &gt;99% efficacy, allowing them to maintain the industry’s highest level of security protection by providing advanced cyber capabilities.” “While EDR solutions are good at mitigating damage caused by ransomware attacks, they do this post-infection. These threats need to be prevented before they can detonate and damage or cause production impact to client’s environments. We launched the Stratosphere program to help MSSPs have confidence in protecting their customers while also generating new revenue streams,” said Joe Santamorena, AVP, Global MSSP Programs for Deep Instinct.Deep Instinct <a href="/news/deep-instinct-announces-first-of-its-kind-stratosphere-partner-program1" target="_self">first announced</a> the vision of its Stratosphere Partner Program in early April. To learn more about the program and its benefits, please visit: <a href="/mssp" target="_self">https://www.deepinstinct.com/mssp</a>. <h2>About Deep Instinct</h2>Deep Instinct takes a prevention-first approach to stopping ransomware and other malware using the world’s first and only purpose-built, deep learning cybersecurity framework. We predict and prevent known, unknown, and zero-day threats in &lt;20 milliseconds, 750X faster than the fastest ransomware can encrypt. Deep Instinct has &gt;99% zero-day accuracy and promises a &lt;0.1% false positive rate. The Deep Instinct Prevention Platform is an essential addition to every security stack—providing complete, multi-layered protection against threats across hybrid environments. For more, visit www.deepinstinct.com.<h2>Media Contacts: </h2>Michelle Schafer Merritt Group for Deep Instinct <a href="mailto:deepinstinct@merrittgrp.com" target="_self">deepinstinct@merrittgrp.com</a>Suzanne van de Raadt Director, Public Relations and Executive Communications <a href="mailto:suzannev@deepinstinct.com " target="_self">suzannev@deepinstinct.com </a> 1.646.404.4027

Deep Instinct Launches Stratosphere MSSP Program to Enable Partners to Prevent Ransomware

Agentless approach meets the attacker earlier to protect financial services and other large enterprises from an underserved attack vector

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NEW YORK, NY - August 3, 2022 – <a href="/" target="_self">Deep Instinct</a>, the first company to apply end-to-end deep learning to cybersecurity, today delivered <a href="/prevention-for-applications" target="_self">Deep Instinct Prevention for Applications</a>, an agentless, on-demand, antimalware solution for the enterprise that is device and operating system agnostic. This new offering revolutionizes threat protection beyond the endpoint with flexible, deploy anywhere, in-transit file scanning via API to quickly return a malicious vs benign verdict at enterprise speed. It protects any web application or cloud storage from malicious content while fully ensuring data privacy.Until now, financial services and other industries with petabytes of data in motion each day, have been at high risk from uploaded malicious content that can be detonated upon download from storage. These organizations have been relying on antiquated solutions that are slow, consume vast CPU and memory resources, and miss unknown malware, leaving this threat segment underserved.In the wake of the pandemic, fintech transactions alone <a href="https://www.jbs.cam.ac.uk/faculty-research/centres/alternative-finance/publications/2020-global-covid-19-fintech-market-rapid-assessment-study/" target="_self">rose by 13%</a> and their volume by 11%, indicating significant industry growth. With tens of millions of files in-transit each day connected to high-value trading data, mortgage applications, insurance claims, and other sensitive information, financial institutions are at risk from unchecked malicious uploads or downloads and lack viable options to ensure infected content is not a threat to their operations or their customers. As threat actors seek alternative points of entry into enterprise environments, this risk factor will only increase. In fact, <a href="https://www.comparitech.com/antivirus/malware-statistics-facts/" target="_self">one study</a> found that 35% of “never-before-seen” malware files were hidden in Microsoft Office and PDF files.“As threat actors compromise points of entry beyond the endpoint, financial services institutions that exchange tens of millions of files each day are at increased risk. This was primarily created by the failure of established anti-virus, network and other solutions to evolve. They are slow, can’t scale or process high volumes of daily traffic or handle large file sizes, and often resort to sandboxing. As a result, they continue to miss unknown threats, and incur high infrastructure costs. That’s the worst of both worlds for an enterprise,” said Guy Caspi, CEO and Co-Founder of Deep Instinct. “Deep Instinct is disrupting the cybersecurity status quo by setting a new standard for preventing malicious files, both known and unknown, before they reach storage.”Deep Instinct Prevention for Applications provides organizations an on-demand, high-speed scanning solution that prevents <a href="/news/unit-221b-report-validates-deep-instinct-99-percent-zero-day-threat-prevention-accuracy" target="_self">&gt;99% unknown malware</a> hidden in files and easily scales to scan tens of millions of files per day. With very low CPU requirements, a low false positive rate of &lt;0.1%, near zero latency, and low processing requirements, Deep Instinct provides the most innovative solution for this underserved threat gap. A typical traditional AV solution is ineffective at preventing unknown malware, will require sandbox and cloud intelligence checks, and takes an average of 90-second to 3-minute to make decisions. Traditional AV/sandbox solutions are ineffective at solving this issue as they are easily evaded and slow to respond. This increases risk and negatively affects the user experience but impacts the business by slowing down critical processes.“Deep Instinct is addressing a major pain point of today’s enterprise - their exposure to an ever-expanding number of attack vectors,” said David OLeary, Field CISO – Sr. Director, Global Cybersecurity, SHI. “We look forward to bringing this truly unique solution to our enterprise customer base and helping them better protect themselves and their customers from malicious content as they exchange important files every day.”Other benefits of Deep Instinct Prevention for Applications include the following:<ul><li>Does not rely on the cloud to provide a verdict.</li><li>Only the file hash ever leaves the environment retaining full customer data privacy.</li><li>No customer data is used for training or updating AI models.</li><li>Minimal infrastructure resources, including CPU, and memory usage combined with a small footprint ensure a low total cost of ownership.</li></ul>For more product information and case studies, please visit: <a href="/prevention-for-applications" target="_self">https://deepinstinct.com/prevention-for-applications.</a><h2>About Deep Instinct</h2>Deep Instinct takes a prevention-first approach to stopping ransomware and other malware using the world’s first and only purpose-built, deep learning cybersecurity framework. We predict and prevent known, unknown, and zero-day threats in &lt;20 milliseconds, 750X faster than the fastest ransomware can encrypt. Deep Instinct has &gt;99% zero-day accuracy and promises a &lt;0.1% false positive rate. The Deep Instinct Prevention Platform is an essential addition to every security stack—providing complete, multi-layered protection against threats across hybrid environments. For more, visit <a href="/" target="_self">www.deepinstinct.com</a>.###<h2>Media Contacts:</h2>Katie Brookes Merritt Group for Deep Instinct <a href="mailto:deepinstinct@merrittgrp.com" target="_self">deepinstinct@merrittgrp.com</a>Suzanne van de Raadt Director, Public Relations <a href="mailto:suzannev@deepinstinct.com" target="_self">suzannev@deepinstinct.com </a>1.646.404.4027