OAKLAND, Calif., April 24, 2023 /PRNewswire/ — Circle Security, a Silicon Valley start-up, today emerged from stealth mode with the release of its prevention-first cybersecurity platform. With early funding from strategic investors, Circle has built a patented technology that transforms how companies access and protect data by overcoming the most pervasive cybersecurity challenges.
Credential-driven data breaches remain the biggest threat vector for most companies. Prevention of credential phishing alone delivers a staggering 82% in ROI to enterprises saving them north of $680K according to a recent techrepublic article.
“The ultimate dream of security practitioners is to achieve true prevention of breaches,” said Founder & CEO Phani Nagarjuna. “The cybersecurity world is littered with several XDR, Zero-Trust & MFA technologies, and yet we continue to see a proliferation in identity-driven data breaches. It’s high time we augment these detection technologies with a foundational prevention-first technology that squarely addresses the root causes of the most common cyber threats.”