LogRhythm Recognized for Customer-Centric Business Approach and COVID-19 Support
Boulder, Colo. — Sept. 22, 2020 — LogRhythm, the company powering today’s security operations centers (SOCs), announced that it won three Silver Stevie® Awards in The 17th Annual International Business Awards®. The company received recognition in the categories of Large Company of the Year in Computer Software and Most Valuable Corporate Response for LogRhythm’s COVID-19 customer programs. Additionally, Mark Logan, CEO of LogRhythm, was honored as Executive of the Year in the Computer Software category for increasing customer satisfaction, extending the company’s market share and positioning LogRhythm as a leader in security software innovation.
COVID-19 Response
Understanding the urgent need for companies to arm themselves as employees work remote, LogRhythm responded with several initiatives to help organizations manage both the short-term and long-term impacts of COVID-19. In May, LogRhythm announced its Remote Workforce Visibility offering to help organizations achieve a broad view of and insight into their remote environments. The month-to-month subscription program provides a flexible option for security teams to address the challenges created by the sudden shift to a remote workforce and the corresponding spike in cloud data.
LogRhythm also quickly provided several resources for the cybersecurity community, including webinars, ask me anything sessions, and blog posts discussing new security threats and recommendations on how organizations can stay secure. Together, these efforts resulted in recognition from the International Business Awards® for Most Valuable Corporate Response.
Software Innovations
Prior to COVID-19, LogRhythm made several enhancements and brought new products to market, continuing the company’s track record for its sustained commitment to innovation. First, LogRhythm released a cloud-based version of their security information and event management (SIEM) platform — providing the full experience of the on-premise version, while also providing the benefits of Software as a Service (SaaS).
LogRhythm then released a complimentary module that aligns its SIEM with the MITRE ATT&CK® Matrix, allowing security teams to automatically detect pre-vetted anomalous behaviors, assess security effectiveness and run automated penetration tests. LogRhythm has since released 10 content updates to that module, and it has become one of the fastest adopted modules in company history. LogRhythm also created and updated over 25 SmartResponse™ plugins — one of LogRhythm’s key SOAR features — automating tasks to help analysts streamline workflows and quickly remediate threats.
Market Evolution
In October of 2019, LogRhythm released its True Unlimited Data Plan, the first unlimited offering in the SIEM space. It provides cost predictability for CISOs, who historically must choose between either protecting all their data — and going significantly over budget — or protecting only the amount of data their budget allowed, leaving their unprotected assets particularly vulnerable to cybercriminals. CEO Mark Logan helped LogRhythm bring this market-changing licensing model to the SIEM market in less than four months into his tenure with the company.
“LogRhythm strives to provide organizations and CISOs with ample resources and comprehensive security analytics into their network to ensure companies are secure,” said Logan. “This recognition from the International Business Awards validates our position as a leader in software innovation. While COVID-19’s long-lasting impact on the enterprise is still unknown, we will continue to provide insightful resources and technology for our customers to fight off potential threats and achieve their security goals.”
The International Business Awards are the world’s premier business awards program. All individuals and organizations worldwide — public and private, for-profit and non-profit, large and small — are eligible to submit nominations. The 2020 IBAs received entries from organizations in 63 nations and territories. More than 3,800 nominations from organizations of all sizes and in virtually every industry were submitted this year for consideration in a wide range of categories. Stevie Award winners were determined by the average scores of more than 250 executives worldwide who participated in the judging process from July through early September.
This announcement comes on the first day of LogRhythm’s annual RhythmWorld Security Conference, the ultimate conference for security professionals across industries looking to grow as a practitioner and improve their organization’s security operations. The conference runs from September 22 – 24, and all sessions will be available on-demand following the event.
To stay up to date on the status of on-demand content, check logrhythm.com/rhythmworld or subscribe to the blog. To learn more about LogRhythm, please visit the company’s website, and for resources on securing a remote workforce amid COVID-19, please visit the following link: explore.logrhythm.com/covid19-resources.
About LogRhythm
LogRhythm helps security teams stop breaches by turning disconnected data and signals into trustworthy insights. From connecting the dots across diverse log and threat intelligence sources to using sophisticated machine learning that spots suspicious anomalies in network traffic and user behavior, LogRhythm accurately pinpoints cyberthreats and empowers professionals to respond with speed and efficiency.
With cloud-native and self-hosted deployment flexibility, out-of-the-box integrations, and advisory services, LogRhythm makes it easy to realize value quickly and adapt to an ever-evolving threat landscape. Together, LogRhythm and our customers confidently monitor, detect, investigate, and respond to cyberattacks. Learn more at logrhythm.com.
About the Stevie Awards
Stevie Awards are conferred in eight programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, the Middle East & North Africa Stevie Awards, The American Business Awards®, The International Business Awards®, the Stevie Awards for Women in Business, the Stevie Awards for Great Employers, and the Stevie Awards for Sales & Customer Service. Stevie Awards competitions receive more than 12,000 nominations each year from organizations in more than 70 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at www.StevieAwards.com.