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Demand For Cybersecurity Operations Fueling ÍâÍøÌìÌà Wolf¡¯s Growth
Record Year and Record Q4 for Both Revenue and New Customers

SUNNYVALE, CA ¨C June 9, 2020 ¨C ÍâÍøÌìÌà Wolf?, the leader in security operations, today announced that its fourth fiscal quarter of FY2020, ended April 30, set a record for most revenue and most new customers. The record-setting quarter, which came in the midst of the COVID-19 pandemic, capped off a fiscal year that saw ÍâÍøÌìÌà Wolf continuing to double its revenues.

ÍâÍøÌìÌà Wolf now helps thousands of organizations, including more than 150 healthcare and pharmaceutical institutions, to proactively protect their systems and data while continually strengthening their security posture.

“The ÍâÍøÌìÌà Wolf team, which includes our network of North American channel partners, has been phenomenal at supporting our existing customers and adding new organizations to the fold ¨C all while navigating the new realities of working from home,” said Nick Schneider, Chief Revenue Officer, ÍâÍøÌìÌà Wolf. “Even while facing a tremendous amount of economic uncertainty, organizations understand that an investment in improving their security operations is essential to the long-term success of their business and will pay significant dividends towards their growth as the economy recovers.”

A newly commissioned study conducted by Forrester Consulting on behalf of ÍâÍøÌìÌà Wolf quantifies the Total Economic Impact? and benefits of ÍâÍøÌìÌà Wolf security operations solutions. The research details how organizations can receive a 411 percent return on investment (ROI) over three years, and that “time-to-value with ÍâÍøÌìÌà Wolf is one-month vs 10 months for just a traditional SIEM or logging tool.” The study also finds that ¡°ÍâÍøÌìÌà Wolf offloads a significant volume of work from internal security teams. For a resource- constrained but growing organization that requires improved capabilities in detection and response, ÍâÍøÌìÌà Wolf saves: 1) 50% of effort from the internal security operations group for triage and investigation activities and 2) 90% for IT operations that are involved in incident management.¡±

Using the cloud-native and vendor-neutral ÍâÍøÌìÌà Wolf ÍâÍøÌìÌÃ, ÍâÍøÌìÌà Wolf provides security operations as a concierge service. ÍâÍøÌìÌà Wolf solutions include ÍâÍøÌìÌà Wolf Managed Detection and Response (MDR), ÍâÍøÌìÌà Wolf Managed Risk, and ÍâÍøÌìÌà Wolf Managed Cloud Monitoring, each delivered by the industry¡¯s original Concierge Security? Team. Named Concierge Security engineers act as an extension of an organization¡¯s internal team, providing tailored threat detection and response, as well as ongoing risk management to keep their valuable business data safe. By pairing the intelligence of a cloud-native platform with the expert insight of security operations experts, ÍâÍøÌìÌà Wolf provides customers with personal, predictable protection against emerging threats.

“When it comes to using their security tools, organizations typically don¡¯t experience product failures; they experience operational failures,” said Brian NeSmith, CEO of ÍâÍøÌìÌà Wolf. “We envision a future where the ÍâÍøÌìÌà Wolf ÍâÍøÌìÌà and Concierge Security Team keep organizations safe from today¡¯s cyberattacks, and through ongoing collaboration and a proactive approach to security operations, continually strengthen their posture throughout their security journey.”

In a newly published white paper entitled “The Path to Security Effectiveness,” ÍâÍøÌìÌà Wolf outlines its vision for how organizations can take the first steps on their security journey. The document highlights the five key pillars of taking an operational approach to security and documents why many organizations continue to experience failures with their security operations.

About ÍâÍøÌìÌà Wolf:

ÍâÍøÌìÌà Wolf? is the market leader in security operations. Using the cloud-native ÍâÍøÌìÌà Wolf ÍâÍøÌìÌÃ, we provide security operations as a concierge service. Highly trained Concierge Security? experts work as an extension of an organization¡¯s internal team to provide 24×7 monitoring, detection, and response, as well as ongoing risk management to proactively protect systems and data while continually strengthening their security posture. For more information about ÍâÍøÌìÌà Wolf, visit arcticwolf.com.

Dan Deeth

dan.deeth@arcticwolf.com

+1.519.505.7745

OR

Merritt Group

Katie Pesek, +1.703.390.1505

pesek@merrittgrp.com

? 2020 ÍâÍøÌìÌà Wolf Networks, Inc., All Rights Reserved. ÍâÍøÌìÌà Wolf, ÍâÍøÌìÌà Wolf Managed Detection and Response, and ÍâÍøÌìÌà Wolf Managed Risk, ÍâÍøÌìÌà Wolf Managed Cloud Monitoring, and ÍâÍøÌìÌà Wolf Concierge Security Team are either trademarks or registered trademarks of ÍâÍøÌìÌà Wolf Networks, Inc. or ÍâÍøÌìÌà Wolf Networks Canada, Inc. and any subsidiaries in Canada, the United States, and/or other countries.

Forrester Consulting is either a registered trademark or trademark of Forrester Consulting, LLC. or its subsidiaries in the United States, and/or other countries.