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Haystax Wins Triple Gold in Cybersecurity Excellence Awards

The 2020 Cybersecurity Excellence Awards have been announced, and Haystax has won Gold awards in all three categories for which it was nominated.

Haystax, a business unit of Fishtech Group, was declared the Most Innovative Cybersecurity Company in North America with 50-99 employees for its “revolutionary analytics approach that addresses any complex physical- or cyber-security challenge where analysts are drowning in data, or decision-makers lack the actionable intelligence to make critical decisions quickly and with confidence.”

The security analytics pioneer’s two other Gold awards were in the Product/Service category — one for best Insider Threat Solution and the other for best Critical Infrastructure Security product.

Haystax’s Insider Threat Mitigation Suite continuously measures the trustworthiness of personnel in an organization, pinpointing early indications of risk from IP theft, espionage, fraud, sabotage and other harmful events. Our software ‘reasons’ like a team of expert analysts, but at a volume and velocity that no human could sustain. It performs true all-source analysis by ingesting data from a wide variety of sources and then applying probabilistic models, machine learning and other AI techniques to connect the dots.

The Haystax for Critical Infrastructure Protection solution enables public- and private-sector organizations to maintain a detailed understanding of their high-value facilities, systems and personnel, and to dynamically manage all-hazard risk around those assets using a wide range of data sources — all within a single shared risk-management ecosystem. It is the only domain awareness solution that combines risk modeling, asset prioritization and threat analysis in a single integrated platform, and is relied upon daily by enterprise security, law enforcement, fire safety, emergency management, school safety and event security professionals nationwide.

Created jointly by Cybersecurity Insiders and the Information Security Community on LinkedIn, the Cybersecurity Excellence Awards were established with the goal of recognizing companies, products and professionals that demonstrate excellence, innovation and leadership in information security. The winners were selected based on the strength of their nominations as well as votes and comments received from the nearly 400,000 members of the Information Security Community.

“Congratulations to Haystax for being recognized as Gold award winners in the Most Innovative Cybersecurity Company category, as well as two Product/Service award categories, of the 2020 Cybersecurity Excellence Awards,” said Holger Schulze, CEO of Cybersecurity Insiders and founder of the Information Security Community. “With over 500 entries in more than 90 award categories, the 2020 awards are highly competitive and all winners truly reflect the very best in today’s cybersecurity industry.”

Fishtech Group founder and CEO Gary Fish said: “We are honored that the Information Security Community has recognized our Haystax business unit for its unique contributions to helping protect organizations from all types of cyber and physical threats, and we are grateful to Holger for his tireless efforts to shine a light on all the innovative work that’s being done in the rapidly evolving field of cybersecurity.”

Haystax’s earliest software products were designed for protecting critical infrastructure, mainly for federal and state government agencies. Since then, we have broadened our focus to include mission areas such as insider threat mitigation, cyber-fraud prevention and security risk management, not just for governments but in enterprise sectors such as finance and healthcare.

Haystax is particularly known for its patented AI-driven approach to behavior analytics, blending qualitative expert judgments captured in probabilistic models with other artificial intelligence techniques like unsupervised machine learning to find threat ‘signals’ buried inside multiple data sources. In the Haystax Analytics Platform, threats are ranked in priority order and instantly displayed as actionable information, viewable by decision-makers, analysts and others who need to make time-critical judgments with confidence.

In each of the previous three years Haystax has won multiple Cybersecurity Excellence Awards, including in the categories of Best Security Analytics Product and Most Innovative Cybersecurity Company. Haystax additionally has won top awards from Red Herring (Global 100 Winner), SINET 16 (Most Innovative Company in Cybersecurity), CDM Editors’ Choice (Insider Threat Prevention Winner) and several others.

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Note: Want to work at an award-winning cybersecurity analytics pioneer? Click on the Haystax Careers page to see the latest exciting job opportunities.

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