
San Francisco, CA - October 17, 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 Posture TM ) 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 cyberthreats and malware that potentially leads to data compromise.
MoneyMart, 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 MoneyMart. “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 an integrated endpoint-to-cloud security company. Our mission is to secure and empower our digital future in a privacy-focused world where mobility and cloud are essential to all we do for work and play. We enable consumers and employees to protect their data, and to securely stay connected without violating their privacy and trust. Lookout is trusted by millions of consumers, the largest enterprises and government agencies, and partners such as AT&T, Verizon, VMware, Vodafone, Microsoft, Google, and Apple. 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.
Contact Lookout PR: press@lookout.com