SOURCE: FireEye, Inc.

FireEye, Inc.

October 29, 2014 08:30 ET

Verizon and FireEye Join Forces to Secure Organizations From Advanced Attacks and Emerging Mobile Threats

Cybersecurity Leader Teams With Global Services Powerhouse to Offer Combination of Technology, Intelligence and Services to Scale Threat Protection for Organizations

MILPITAS, CA and BASKING RIDGE, NJ--(Marketwired - Oct 29, 2014) - FireEye, Inc. (NASDAQ: FEYE), a leader in stopping today's advanced cyber attacks, and Verizon Enterprise Solutions (NYSE: VZ) (NASDAQ: VZ), a leader in delivering global managed security solutions, today announced an agreement to bring together Verizon managed services and FireEye advanced threat protection capabilities. This agreement will enable FireEye and Verizon to offer the combination of technology, intelligence, services and expertise to help protect enterprises in today's rapidly changing security landscape.

The increase in advanced persistent threats (APTs) has amplified the need for an intelligence-driven approach to security and advanced protection with near real-time detection and response. These advanced threats, combined with the emergence of mobile as a new attack pathway, make it more difficult for organizations to protect against modern attacks. The combination of FireEye technology and Verizon managed security services capabilities can help improve an organization's ability to identify and stop advanced attacks while providing valuable insight into these threats. As part of the agreement, to protect against mobile threats and correlate attack data from the mobile vector, Verizon clients will have access to the FireEye® Mobile Threat Prevention™ (MTP™) offering.

"From working with thousands of clients around the globe we know there's a need to update not only the security technology but how we think about combating today's ever-evolving threat landscape," said Kathie Miley, executive director, global security solutions, Verizon Enterprise Solutions. "By teaming with FireEye, we're able to offer clients the technology for detecting advanced threats, as well as the intelligence to provide our customers with the insight into the nature of an attack and a path to remediate before a threat becomes significant."

"FireEye has always made threat intelligence a cornerstone of our approach to cyberdefense," said David DeWalt, CEO of FireEye. "This agreement with Verizon allows us to scale our threat intelligence and correlate data from across an organization -- and in particular the mobile vector -- to give customers improved visibility into multi-stage attacks."

FireEye gives organizations insight into where an attack originates, the potential intent of the attackers, if this type of attack has previously been seen, and what actions organizations can take to protect themselves from similar threats. Verizon security analysts will correlate FireEye events with system-wide security alerts to enhance the threat detection process and help an organization transform their security capabilities to meet the needs of the modern threat landscape.

Mobile Threat Protection

FireEye Mobile Threat Prevention (MTP) is designed to provide near real-time visibility into threats on mobile devices. FireEye MTP enables Verizon clients to gain an enterprise-wide view into mobile device compromise while offering a customizable enforcement option. It works in conjunction with the FireEye MTP app to assimilate and disperse threat information to mobile endpoints.

Scaled Threat Intelligence

Because signature-based approaches have proven ineffective against many advanced attacks, threat intelligence -- the accumulation of data based on malware, command and control infrastructure and threat actors -- is a cybersecurity essential. The intelligence gathered from the millions of FireEye virtual machines installed worldwide, together with Verizon managed security services' visibility into the Internet threat landscape, give joint FireEye and Verizon clients access to unparalleled levels of threat intelligence.

This intelligence will enable security teams to identify, block and provide context around the nature of an attack and potential attack groups to inform a more strategic response and remediation strategy.

For more information about the FireEye and Verizon partnership visit:
http://www.verizonenterprise.com/news/2014/10/fireeye-verizon-partnership-cybersecurity-threat

About Verizon Enterprise Solutions

Verizon Enterprise Solutions creates global connections that generate growth, drive business innovation and move society forward. With industry-specific solutions and a full range of global wholesale offerings provided over the company's secure mobility, cloud, strategic networking and advanced communications platforms, Verizon Enterprise Solutions helps open new opportunities around the world for innovation, investment and business transformation.

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 2,500 customers across 65 countries, including over 150 of the Fortune 500.

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 Verizon and FireEye 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 Verizon's ability to react to trends and challenges in their respective businesses and the markets in which they operate; FireEye's and Verizon's ability to anticipate market needs or develop new or enhanced products and services to meet those needs; the ability of FireEye and Verizon 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 August 13, 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.

FireEye, Mobile Threat Prevention and MTP 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.

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