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 consumer's 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 PostureTM) 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 cyber threats and malware that potentially leads to data compromise.
Money Mart, 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 Money Mart. “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.”