US-based security vendor, ThreatConnect is seeking to ramp up its Australian and New Zealand presence after sealing its first distribution deal with Adelaide-based emt Distribution.
ThreatConnect CEO and founder, Adam Vincent, said emt’s appointment was integral to its planned expansion in the market and they had a solid record of developing a strong channel and sales for security vendors.
“ThreatConnect is looking to accelerate sales in Australia and New Zealand, and our relationship with emt is a key part of that strategy,” Vincent said.
Emt will have access to ThreatConnect’s suite of products and services, offering enterprise resellers a complete threat intelligence platform – plus orchestration and automation – to their customers. The platform can integrate with more than 100 different security solutions to provide customers with real-time awareness.
“ThreatConnect significantly extends the cyber capabilities our channel partners can provide in threat intelligence, threat analytics and threat orchestration, all via a single platform,” emt Distribution CEO, Richard Rundle, said.
Emt’s portfolio offers solutions that address the Australian Signals Directorate’s top four mitigation strategies and the broader strategies in the Australian government’s Information Security Manual (ISM) to prevent cyber security incidents.
According to a study from Accenture and Ponemon Institute, cyber attacks cost companies an average of US$11.7 million in 2017, a 23 per cent increase from 2016.
Researchers evaluated how much money organisations spent on nine different security technologies with the highest percentage spent on advanced perimeter controls, followed by security intelligence systems.
Automation, orchestration and machine learning technologies were only deployed by 28 per cent of organisations, the lowest of the technologies surveyed – but provided the third highest cost savings for security technologies overall at US$2.2 million.