Verizon Expands Managed Security Services Portfolio with BlackBerry Cylance AI-Based Endpoint Security

WATERLOO, Ontario, March 6, 2019 /CNW/ -- Verizon today announced the addition of BlackBerry Cylance's AI-driven antivirus security solutions to its industry-leading Managed Security Services (MSS) portfolio.

"Businesses of all sizes are suffering alert-fatigue generated by other endpoint solutions. Many are turning to managed security services to gain holistic, expert-level management across their endpoints, gateways and networks on a round the clock basis," said Stuart McClure, co-founder of Cylance and president of BlackBerry Cylance. "By offering BlackBerry Cylance's AI-powered endpoint protection, Verizon's MSS customers will now have access to a powerful antivirus technology with the ability to prevent known and unknown threats, reducing the strain on other security controls, and alerts that must be tracked, processed and audited."

CylancePROTECT® and CylanceOPTICS® endpoint security products are now available for licensing and management by Verizon Managed Security Services. CylancePROTECT prevents ransomware, fileless attacks, and other unknown threats from executing on the endpoint before they can do harm. This significantly reduces the number of alerts and amount of security data passed on to other security controls. CylanceOPTICS is the industry's first AI driven endpoint detection and response (EDR) product. It delivers on-demand threat hunting and automated response capabilities.

"BlackBerry Cylance is the logical partner of choice given its ability to deliver protection against known and unknown malware, malicious scripts, fileless attacks, zero-day payloads, as well has harder to detect  'living off the land' assaults," said Alex Schlager, executive director, security services, for global products and solutions at Verizon. "BlackBerry Cylance is at the forefront of delivering artificial intelligence driven security solutions, and the first next-gen vendor to deliver on-device machine learning threat detection in an EDR product. Their prevention-first philosophy maps extremely well to our desire to help customers gain the upper hand on today's adversaries. We look forward to offering our customers BlackBerry Cylance's added value services within our award-winning managed security portfolio."

In addition to inclusion in Verizon MSS portfolio, BlackBerry Cylance's endpoint security intelligence is also used to power the Verizon Risk Report security assessment framework. The framework enables companies to make data-driven security decisions, identify security gaps and prioritize improvement actions, and focus security spend where it will have the most impact. Three levels of assessments are offered: Outside-in, Inside-out, and Culture and Process. BlackBerry Cylance is used for the Inside-out assessment – an evaluation that automatically searches for malware, unwanted programs and other potential vulnerabilities.

Verizon was named a leader in the 2018 Gartner Magic Quadrant for Managed Security Services, Worldwide. It is a leader in delivering global managed security solutions to enterprises in the financial services, retail, government, technology, healthcare, manufacturing, and energy and transportation sectors. Verizon combines powerful intelligence and analytics with an expansive breadth of professional and managed services, including customizable advanced security operations and managed threat protection services, next-generation commercial technology monitoring and analytics, threat intel and response service and forensics investigations and identity management. Verizon brings the strength and expert knowledge of more than 550 consultants across the globe to proactively reduce security threats and lower information risks to organizations.

About Verizon

Verizon Communications Inc., headquartered in New York City, generated revenues of $130.9 billion in 2018. The company operates America's most reliable wireless network and the nation's premier all-fiber network, and delivers integrated solutions to businesses worldwide. With brands like Yahoo, TechCrunch and HuffPost, the company's media group helps consumers stay informed and entertained, communicate and transact, while creating new ways for advertisers and partners to connect. Verizon's corporate responsibility prioritizes the environmental, social and governance issues most relevant to its business and impact to society.

About Cylance® Inc.

Cylance uses artificial intelligence to deliver prevention-first, predictive security products and specialized security services that change how organizations approach endpoint security. Cylance's security solutions provide full spectrum predictive threat prevention and visibility across the enterprise, combatting threats such as malware, ransomware, fileless malware, malicious scripts, weaponized docs, and other attack vectors. With AI based malware prevention, application and script control, memory protection, device policy enforcement, root cause analysis, threat hunting, automated threat detection and response, coupled with expert security services, Cylance can protect endpoints without increasing staff workload or costs. For more information visit: www.cylance.com.

About BlackBerry

BlackBerry Limited (NYSE: BB; TSX: BB) enables the Enterprise of Things by providing the technology that allows endpoints to trust one another, communicate securely, and maintain privacy. Based in Waterloo, Ontario, the company was founded in 1984 and operates globally. For more information, visit www.BlackBerry.com and follow @BlackBerry.

BlackBerry and related trademarks, names and logos are the property of BlackBerry Limited and are registered and/or used in the U.S. and countries around the world. All other marks are the property of their respective owners. BlackBerry is not responsible for any third-party products or services.

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