Making Intelligence Actionable, Flashpoint Charges into 2021 Cash Flow Positive, Recording 48% YoY Customer Growth and Delivering Over 480% ROI
Summary
Flashpoint saw particularly strong growth within technology, healthcare, and pharmaceutical industries, all aiming to counter increasingly severe physical and cyber threats and myriad forms of fraud online. This rapid expansion comes alongside industry research from Forrester validating the significant business value Flashpoint creates for its customers—including a 482% ROI and a less than three-month payback period stemming from improved operational efficiency cost savings, major reductions in fraud losses, and avoided risk from data breaches. With a flurry of new product releases in 2020, Flashpoint extended its solution suite to address an even wider range of use cases for CTI, fraud, corporate security, third-party risk, and many other physical and cybersecurity functions. The company also added an advanced Data Exposure Alerting module to actively monitor code repositories for sensitive information and intellectual property (IP), as well as a new Flashpoint Tailored Reporting Service to improve operational efficiency that saves investigation and incident response teams time and resources as they identify and analyze threats. In an extremely difficult year of uncertainty, new threats, and a nearly year-long global pandemic, Flashpoint opted to make its Converged Intelligence and Risk Platform freely available to participating Information Sharing and Analysis Centers (ISACs).