SOURCE: FireEye

FireEye

December 09, 2014 05:00 ET

FireEye and Deutsche Telekom Partner to Deliver New Level of Protection Against Advanced Cyber Attacks in Europe

Partnership Leverages Security as a Service Powered by FireEye and T-Systems' Managed Service Presence in Region

MILPITAS, CA and FRANKFURT, GERMANY--(Marketwired - Dec 9, 2014) - FireEye, Inc. (NASDAQ: FEYE), the leader in stopping today's advanced cyber attacks, and T-Systems, the business customer arm of Deutsche Telekom, today announced a partnership to deliver a security as a service offering that will bring a new level of protection to organizations in Europe. FireEye and T-Systems will work together to offer a comprehensive managed security service that counters IT espionage and advanced cyber attacks faster and more effectively.

The partnership combines T-Systems' extensive managed service presence in the region with FireEye's cyber defense expertise to make this advanced security capability available to organizations across Europe.

"In a study produced by FireEye, it found that when responding to breaches companies had been compromised for a median of 229 days1, and with this partnership, T-Systems is taking steps to reduce response time to minutes for our customers in Europe," said Reinhard Clemens, member of the Deutsche Telekom board of management and CEO of T-Systems. "Working with FireEye, T-Systems will not only be able to provide these organizations with an alert, but also detect the relevance and initiate targeted countermeasures."

"Our partnership with T-Systems extends FireEye's mission to deliver a new and more effective Adaptive Defense security model to organizations throughout Europe, protecting against advanced cyber threats with a truly unique combination of security technology, intelligence and expertise," said Steve Pataky, vice president of worldwide channels and alliances at FireEye. "Together with T-Systems, FireEye is able to offer a broader base of organizations a security as a service offering that moves beyond the legacy defense models unable to solve today's increasingly sophisticated cyber attacks in Europe and in regions worldwide."

For Deutsche Telekom, the partnership with FireEye represents a further step in Deutsche Telekom CEO Timotheus Höttges' innovation strategy. The new security as a service offering will be based on the FireEye cyber defense platform, which protects organizations against advanced persistent threats and attacks that bypass traditional security systems such as firewalls and anti-virus programs. FireEye solutions will supplement the Advanced Cyber Defense by Telekom (ACD) security portfolio, a managed service developed by T-Systems. T-Systems will utilize alerts and intelligence from the FireEye security platform to isolate infected machines, investigate the incident, put countermeasures in place, and remediate the infected machines allowing organizations to focus on their business.

FireEye's purpose-built virtual machine isolates and analyzes the behavior of the suspicious content by executing malicious code in a virtual environment. If suspicious behavior is observed, T-Systems specialists will be able to take the threat information and run comprehensive forensic analysis, ranging from digital forensics and analysis of malware through to the reconstruction of procedures and securing of evidence.

1 Source: M-Trends 2014

About Deutsche Telekom

Deutsche Telekom is one of the world's leading integrated telecommunications companies with over 142 million mobile customers, 31 million fixed-network lines and more than 17 million broadband lines (as of December 31, 2013). The Group provides fixed network, mobile communications, Internet and IPTV products and services for consumers and ICT solutions for business customers and corporate customers. Deutsche Telekom is present in around 50 countries and has approximately 229,000 employees worldwide. The Group generated revenues of EUR 60,1 billion in the 2013 financial year -- more than half of it outside Germany.

About T-Systems

Drawing on a global infrastructure of data centers and networks, T-Systems operates information and communication technology (ICT) systems for multinational corporations and public sector institutions. On this basis, Deutsche Telekom's corporate customer arm provides integrated solutions for the networked future of business and society. Some 50,000 employees at T-Systems combine industry expertise with ICT innovations to add significant value to customers' core business all over the world. The corporate customers unit generated revenue of around 9.5 billion euros in the 2013 financial year.

About FireEye, Inc.

FireEye has invented a purpose-built, virtual machine-based security platform that provides real-time threat protection to enterprises and governments worldwide against the next generation of cyber attacks. These highly sophisticated cyber attacks easily circumvent traditional signature-based defenses, such as next-generation firewalls, IPS, anti-virus, and gateways. The FireEye Threat Prevention Platform provides real-time, dynamic threat protection without the use of signatures to protect an organization across the primary threat vectors and across the different stages of an attack life cycle. The core of the FireEye platform is a virtual execution engine, complemented by dynamic threat intelligence, to identify and block cyber attacks in real time. FireEye has over 2,700 customers across 67 countries, including over 157 of the Fortune 500.

FireEye, M-Trends and Adaptive Defense are registered trademarks or trademarks of FireEye, Inc. in the United States and other countries. All other brands, products, or service names are or may be trademarks or service marks of their respective owners.

FireEye Forward-Looking Statements

This press release contains forward-looking statements, including statements related to expectations, beliefs and future strategies, plans and objectives with respect to the partnership between FireEye and T-Systems and the features, benefits and availability of products and services associated with the partnership. These forward-looking statements involve risks and uncertainties, as well as assumptions which, if they do not fully materialize or prove incorrect, could cause FireEye's results to differ materially from those expressed or implied by such forward-looking statements. The risks and uncertainties that could cause FireEye's results to differ materially from those expressed or implied by such forward-looking statements include customer demand and adoption of the products and services associated with the partnership; real or perceived defects, errors or vulnerabilities in such products and services; FireEye's and T-Systems' ability to react to trends and challenges in their respective businesses and the markets in which they operate; FireEye's and T-Systems' ability to anticipate market needs or develop new or enhanced products and services to meet those needs; the ability of FireEye and T-Systems to execute their strategies, plans and objectives with respect to the partnership; and general market, political, economic, and business conditions; as well as those risks and uncertainties included under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations," in FireEye's quarterly report on Form 10-Q filed with the Securities and Exchange Commission on November 5, 2014, which is available on the Investor Relations section of the company's website at investors.FireEye.com and on the SEC website at www.sec.gov. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and FireEye does not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made. Any future product, service, feature, benefit or related specification that may be referenced in this release are for information purposes only and are not commitments to deliver any technology or enhancement. FireEye reserves the right to modify future product and services plans at any time.

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