Global Leader in Attack Path Management Recognized as Having Potential to Reach $1B Market Value
XM Cyber, the multi-award-winning leader in attack path management, announced today that it has won a 2021 Cyber Defense Black Unicorn Award in the new category of “Baby Black Unicorn.” This marks the third consecutive year that XM Cyber has received a Black Unicorn Award. The winners were announced at Black Hat USA, being held this week in Las Vegas, NV.
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XM Cyber competed against many of the industry’s leading providers of cybersecurity products and services for this prestigious award. The term “Baby Black Unicorn” signifies a cybersecurity company that has the potential to reach a $1 billion dollar market value within 3-5 years as determined by private or public investment.
“We are honored and thrilled to see our company be named a Black Unicorn for the third year in a row,” said Noam Erez, CEO and co-founder of XM Cyber. “XM Cyber brings a new approach that uses the attacker’s perspective to find, prioritize and remediate all possible attack paths across on-premises and multi-cloud networks to disrupt attacks before they disrupt business.”
“Organizations are increasingly aware that it’s not if, but when, an attacker will breach the enterprise network to gain access to their critical assets. The question is then what path will they choose to propagate the network, taking advantage of misconfigurations, bad identity hygiene and vulnerabilities.”
The judges were CISSP, FMDHS, and CEH-certified security professionals who voted based on their independent review of each submission including data sheets, white papers, product literature and other market variables.
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