Press Release —

Balbix Partners with Tokyo Electron Device to Bring AI-Powered Cybersecurity Posture Transformation to Japan

New reseller and distribution agreement provides Japanese enterprises with AI-powered approach to increasing visibility across the attack surface and prioritizing mitigation based on business risk

SAN JOSE, CA – June 5, 2019 — Balbix Inc., provider of the industry’s first system for cybersecurity posture transformation, announced today that it has entered into a reseller and distribution agreement with Tokyo Electron Device Limited (TED).  The partnership will provide companies in Japan with access to Balbix’s AI-powered platform for automatic asset and vulnerability discovery, continuous risk assessment and prioritized mitigation actions.

“In today’s modern IT environment, there are practically unlimited combinations of methods by which adversaries can breach an enterprise.  As a result, analyzing and improving cybersecurity posture is no longer a human scale problem,” said Gaurav Banga, CEO and Founder of Balbix.  “We are very pleased to be working with TED as a strategic channel partner in Japan and bring to their customers a new level of capability to tangibly transform cybersecurity posture.”

The Balbix platform discovers and analyzes customers’ attack surface in real-time to provide 100x more accurate visibility of breach risk versus legacy methods.  Customers can automatically discover the full range of devices, applications and users on their network, including previously difficult to track assets like IoT, unmanaged devices and cloud/SaaS services.  Balbix automatically assesses the risk of all assets utilizing a highly multidimensional risk model incorporating vulnerability observations across 100+ attack vectors, active threats, business criticality, exposure, and existing security controls. Customers get access to real-time risk heatmaps with deep context and natural language search capabilities which enable them to make high-quality cybersecurity decisions.

“Through our relationship with Balbix, we will be able to offer customers a market-leading platform for enabling dramatic and measurable reduction in breach risk,” said Atsushi Tokushige, President and Representative Director of Tokyo Electron Device.  “As a value-added partner with extensive reach across Japan and deep security solutions expertise, we will sell Balbix to enterprise customers across a full range of industry verticals, as well as via managed service providers in an easily consumed, cloud-based service model.”

Balbix is a recognized leader in the cybersecurity market, named by Gartner as a 2018 Cool Vendor in Security and Risk Management and by Enterprise Management Associates (EMA) as a Value Leader.  TED is VAR (value added reseller) and distributor in Japan, providing network, storage and security solutions with L1/L2 support including SOC services.

About Balbix

Balbix is the world’s first cybersecurity platform to leverage specialized AI to provide real-time visibility into an organization’s breach risk. The Balbix system predicts where and how breaches are likely to happen, prescribes prioritized mitigating actions, and enables workflows to address the underlying security issues. By using Balbix, CISOs and CIOs can transform their organization’s cybersecurity posture, reducing cyber risk by 95% or more, while making security teams 10 times more efficient. Balbix counts many Global 1000 companies among its rapidly growing customer base and was named a “Cool Vendor” by Gartner in 2018.  For more information, visit our website www.balbix.com and blog https://blogs.balbix.com/, follow us on Twitter https://twitter.com/balbixinc/ and LinkedIn https://www.linkedin.com/company/balbix/.

About Tokyo Electron Device (TED) CN BU

Tokyo Electron Device (TED) is a technical trading firm with a “trading business” function that provides semiconductor products and IT solutions as well as a “development business” function that performs commissioned designing and the development of own-brand products.

The CN BU has marketing functions to catch the world’s most advanced technology quickly and handles storage, network and security products widely and it provides it as a business solution in the cloud era.

We consistently provide optimal solutions for customers from installation to support.  For more information, visit: http://cn.teldevice.co.jp/company_english/about_us

Media Contact

Emily Ashley

10Fold for Balbix

balbix@10fold.com