RCS - Brandshield Systems - Frost & Sullivan - New Product Innovation Award

Brandshield SystemsAnnouncement

27/04/2023 07:15

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RNS Number : 6822X  Brandshield Systems PLC  27 April 2023

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                              +44 (0)20 3143 8300

 Yoav Keren, CEO

 Spark Advisory Partners Limited (Nominated Adviser)  +44 (0)20 3368 3554

 Neil Baldwin / Andrew Emmott / James Keeshan

 Shore Capital (Joint Broker)                         +44 (0)20 7408 4090

 Toby Gibbs / James Thomas  (Corporate Advisory)

 Henry Willcocks (Corporate Broking)

 Vigo Consulting (Financial Public Relations)         +44 (0)20 7390 0237

 Jeremy Garcia / Kendall Hill

 brandshield@vigoconsulting.com

 

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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