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October 5, 2023 |

Covalence wins in 7th annual CyberSecurity Breakthrough Awards

Last updated: March 12, 2024

We’re proud to share that Field Effect Covalence has been named the AI-based Cybersecurity Solution of the Year in the 7th annual CyberSecurity Breakthrough Awards! 

Led by the independent market intelligence organization CyberSecurity Breakthrough, this awards program recognizes the top companies, technologies, and products in the global information security market. The program is highly competitive, this year attracting thousands of nominations from over 20 different countries around the globe. 

Built for small and mid-sized businesses (SMBs), Covalence combines machine learning and advanced analytics with real human intelligence to detect and respond to cyber threats with extreme precision. This award recognizes Covalence’s cutting-edge technology that filters out 99% of alerts, eliminating noise and empowering Field Effect’s analysts to deliver a scalable, effective cybersecurity solution. 

“Before Covalence, smaller businesses struggled to find cybersecurity solutions that made sense for them—both functionally and financially,” said Matt Holland, founder and CEO of Field Effect. “With Covalence, our customers get seamless protection across their entire IT environment and 24x7 analyst support without the complexity or cost often found in other solutions.” 

Covalence delivers relevant, actionable threat information via proprietary alerts known as AROs—short for Actions, Recommendations, and Observations—to remove the technical barrier that makes strong cybersecurity notoriously challenging. These prioritized, jargon-free alerts clearly dictate a path to resolution, making it easier for businesses to understand the issue and respond with confidence. 

“We’re proud to name Covalence AI-based CyberSecurity Solution of the Year, knowing that getting cybersecurity right is critical for businesses of all sizes,” said Steve Johansson, managing director, CyberSecurity Breakthrough. “The average SMB IT team member spends too much time validating alerts by hand. Field Effect’s solution eliminates complexity and empowers SMBs with the toolset needed to confidently navigate the threat landscape.” 

The mission of the CyberSecurity Breakthrough Awards is to honor innovation, hard work and success in a range of information security categories.   

“It’s our mission to deliver effective and accessible cybersecurity to SMBs and the managed service providers who protect them,” said Holland. “This award further proves that Covalence—as well as the technology and people behind it—is setting a new standard in the cybersecurity industry, all while making it easier for all businesses to defend against increasingly advanced threats."