PR: High growth cyber security firm RadarServices expands to the UK

Vienna-headquartered RadarServices, Europe's leading technology company in the field of Detection & Response, is entering the UK market. RadarServices is the only European cyber security firm that provides its services based on in-house technology - guaranteed without any built-in back doors.

"We belong to the Top 100 fastest growing technology companies in the EMEA region and are number one in the field of IT security. Our success is based on a very fundamental difference in comparison to any other competitor in our field: we develop our technology in Europe and have 100% European roots. We are not subject to the US Patriot Act and are therefore not obliged to disclose customer data to US authorities upon the latter's request. In fact we comply with all European data protection rules which include the strictest legal framework in an international comparison," said Harald Reisinger, Managing Director responsible for Service Management and Innovation at RadarServices.

The company recently received the Deloitte Technology Fast 500 2016 EMEA Award and was Finalist of the international Cybersecurity Excellence Awards 2017.

Since the start of RadarServices at the end of 2011, the company has extended its customer base into Europe, the Middle East and Russia – opening offices in Dubai, Frankfurt, Moscow and Warsaw and teaming up with more than 80 sales partners to market the technology and services worldwide. "Demand is accelerating, especially from the financial services sector in Europe. Banks and insurances need to secure the data and money of their clients and regulation is getting even tougher from 2018 onwards when the EU General Data Protection Regulation (GDPR) will take effect. At the same time, the financial sector is the number one target for cyber attackers" said Thomas Hoffmann, Managing Director responsible for Sales and Marketing at RadarServices.

RadarServices continuously monitors the IT security of large organizations up to 24/7 and detects cyber attackers before they cause damage. This includes Security Information & Event Management (SIEM), Intrusion Detection Systems (IDS), Vulnerability Management and Assessment (VAS) and Advanced Threat Detection for Web and Email (ATD)).

Christian Polster, Chief Strategy Officer and CFO of RadarServices comments "The financial industry is the core driver of the UK economy. It makes up 10.7 per cent as measured by gross value added (Source: The CityUK). And: IT security has first priority in many boardrooms of these institutions. But not only is the market potential the reason for us to be here. The UK is also the most important location for cyber security businesses in Europe. It offers access to highly specialised skills and linkages to leading universities and research institutions. Thus the decision to expand our presence into the UK was a logical step in our business growth strategy: We already have projects underway and we will take advantage of the excellent business environment."

About RadarServices

RadarServices is Europe's leading technology company in the field of Detection & Response. In focus: The early detection of IT security risks for corporations and public authorities offered as a Solution or a Managed Service. The cutting-edge, inhouse-developed technology platform is the basis used for building up a client's Security Operations Center (SOC) or it is used in combination with our expert analysts, documented processes and best practices as SOC as a Service. The result: Highly effective and efficient improvement of IT security and IT risk management, continuous IT security monitoring and an overview of security-related information throughout the entire IT landscape of an organization.