October 18, 2019
Lookout, Inc, the leader in securing the post-perimeter world, has announced a record year for its App Defense product with new customer acquisitions and strategic go-to-market partnerships. App Defense helps enterprises protect their customer facing apps from data compromise and fraudulent transactions. Breaches can have a significant impact on brands as hackers can compromise consumers credentials, steal PII data and initiate account takeovers.
App Defense provides a lightweight embeddable SDK that gives customers continuous visibility into the threat landscape of their consumer devices (App Risk PostureTM) and enables remediation workflows that make these apps self-protecting. It leverages the Lookout Security Cloud, which contains data from over 170M devices and 70M apps, to protect individuals and organizations from cyber threats and malware that potentially leads to data compromise.
Money Mart, a leading financial services company that provides payday loans, cheque cashing, and money transfer services, chose Lookout App Defense to provide end-to-end protection for their mobile apps.
"Our mobile apps have become a very important channel for customer engagement and when we launched a completely revamped mobile experience for our users, securing these apps against cyber threats and malware became a top priority for our security and fraud teams,” said Awan Sikri, Chief Technology Officer at Money Mart. “Our mobile app team was able to integrate and test the App Defense SDK in a few days and now we have real-time visibility into a variety of threats on consumer devices, which allows us to incorporate risk mitigation workflows in our app to protect our customers and their trust in our brand."
Lookout App Defense is also being deployed in multiple mobile banking, mobile point of sale and retail apps across the world, helping enterprises reduce the number of fraudulent transactions emanating from compromised consumer devices.
“This has been a huge year for Lookout App Defense, as we’ve broken into new markets and acquired new customers globally,” said Satendar Bhatia, SVP of Embedded Software Sales at Lookout. “We’ve also onboarded key technology partnerships that complete our vision and make us a one stop shop offering a complete mobile app protection suite to customers.”
Lookout App Defense partners with market leading solutions to provide comprehensive end-to-end mobile app security for customers.
The App Defense ecosystem now includes strategic go-to-market partnerships with:
Lookout is a cybersecurity company for the post-perimeter, cloud-first, mobile-first world. Powered by the largest dataset of mobile code in existence, the Lookout Security Cloud provides visibility into the entire spectrum of mobile risk. Lookout is trusted by hundreds of millions of individual users, enterprises and government agencies and partners such as AT&T, Verizon, Vodafone, Microsoft, Apple and others. Headquartered in San Francisco, Lookout has offices in Amsterdam, Boston, London, Sydney, Tokyo, Toronto and Washington, D.C. To learn more, visit www.lookout.com and follow Lookout on its blog, LinkedIn, and Twitter.