Pcysys Chosen as a 2019 Red Herring Top 100 Europe Winner
TEL AVIV, Israel, March 7, 2019 /PRNewswire/ — Red Herring announced its Top 100 Europe award winners at the Top 100 Forum on Wednesday, February 20th, recognizing and celebrating startups’ innovations and technologies. Pcysys, the automated penetration testing company, was selected as part of the cyber security sector.
Red Herring Top 100 Europe enlists outstanding entrepreneurs and promising companies. It selects the award winners from approximately 1,200 privately financed companies each year in the European Region. Red Herring’s Top 100 list has become a mark of distinction for identifying promising new companies and entrepreneurs.
Red Herring’s editorial staff evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technological innovation, management quality, overall business strategy, and market penetration. This assessment was complemented by a review of the track records and standings of similar startups in the same verticals, allowing Red Herring to see past the “hype” and make the list a valuable instrument of discovery and advocacy for the most promising new business models in Europe.
“In 2019, selecting the top achievers was by no means a small feat,” said Alex Vieux, publisher, and CEO of Red Herring. “We believe Pcysys embodies the vision, drive, and innovation that define a successful entrepreneurial venture. Pcysys should be proud of its accomplishment, as the competition was very strong.”
“I’m proud of this recognition that well reflects the excitement and acceptance that our PenTera platform gets in the market,” said Amitai Ratzon, CEO Pcysys. “We are leading the change to automated penetration testing for enterprises that are struggling to grow their cyber resilience while keeping costs in control.”
Pcysys’s automated penetration-testing platform, PenTera™, assesses and validates corporate cybersecurity risks. By applying the hacker’s perspective and performing machine-based penetration testing, our software identifies, analyzes and prioritizes remediation of cyber defense vulnerabilities and instrumentation. Security officers and service providers around the world use Pcysys to perform continuous, machine-based penetration tests to improve their immunity against cyber attacks across their organizational networks.