With mobile phishing on the rise, demand for mobile security has increased

Mobile security specialists Lookout has announced a record fiscal year, which ended January 31, 2020 which it says has been driven by the high demand for mobile protection. Enterprises are seeking Phishing, App Defence, and Mobile Endpoint Security solutions – all of which is provided and powered by the Lookout Security cloud, the world’s largest mobile dataset. Given the number of malicious apps discovered almost on a daily occurrence across Google Play and Apple’ App store, this news certainly rings true.

“Our growth across all customer segments resulted in a remarkable year for our business,” said Jim Dolce, CEO at Lookout. “In addition to strong customer growth, our low churn rate demonstrates that enterprises see us as their trusted, long-term partner in security. We have made inroads into new regions and verticals, and expanded existing markets with our App Defence and Phishing solutions, which positions us well for the future.”

To meet the growing demand for mobile threat defence internationally, Lookout also significantly expanded its global footprint last year, moving its London office and Dutch European headquarters to larger locations, and opening new offices in Italy and Sweden. In APAC, Lookout added to its leadership ranks to further grow its presence in Australia and New Zealand, Japan and Singapore. In addition, Lookout App Defence saw strong momentum in the financial services industry globally.

Expanded strategic partnerships and new product integrations with industry leaders Google, Microsoft and VMware further demonstrated strong adoption of solutions for Post-Perimeter Security and the need to secure enterprises from the growing threats inherent in a mobile-first workforce. Last November, Lookout announced a strategic integration with Microsoft, to secure BYOD devices for Microsoft Office 365 users.

RSA 2020 Presence:

With its leadership in mobile threat defence well established, the company is introducing new phishing protection and data protection capabilities to the Lookout Security Platform. Users of Lookout phishing protection grew 320% in 2019 and is driving broad market adoption of the platform. Security professionals can get a real-time look at how the massive mobile dataset in the Lookout Security Cloud uncovers phishing and app threats in booth S-1847 at the RSA2020 conference.