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SecureWorks Teams with Carbon Black to Deliver Automated Cyber Threat Prevention to Clients with SaaS-Based, Next-Generation Antivirus Solution

SCWX | February 13, 2017

SecureWorks Teams with Carbon Black to Deliver Automated Cyber Threat Prevention to Clients with SaaS-Based, Next-Generation Antivirus Solution

SecureWorks Corp. (NASDAQ:SCWX), a leading provider of intelligence-driven information security solutions, and Carbon Black, the leader in next-generation endpoint security, are teaming up to bring managed, next-generation antivirus (NGAV) protection to clients to block sophisticated security threats.

As a part of SecureWorks’ advanced endpoint security solutions, SecureWorks will offer Advanced Endpoint Threat Prevention (AETP), a next-generation antivirus service powered by Carbon Black’s Cb Defense. Using a combination of endpoint and cloud-based technologies, Cb Defense delivers a breakthrough security model known as “streaming prevention” to block malware as well as increasingly common attacks that exploit memory and scripting languages, such as PowerShell.

By leveraging Cb Defense, SecureWorks’ AETP service will offer enterprises and SMB clients:

Protection Against Advanced Attacks: Carbon Black’s new “streaming prevention” technology prevents malware, ransomware, 0-days, and non-malware attacks.
SecureWorks Intelligence: SecureWorks adds curated Threat Intelligence and analytics, going beyond point-in-time protection with the complete visibility needed to rapidly respond to threats identified by less-certain triggers. SecureWorks experts from its Senior Intrusion Analyst teams provide documented, actionable guidance on how to eradicate adversary activity that cannot always be blocked.
24X7 Monitoring: Non-stop coverage from SecureWorks gives small to mid-sized businesses (SMBs) and enterprises alike the ability to offload the time and energy of managing endpoint security to a trusted team of specially trained experts skilled at detecting and defending against advanced threats.

“We are excited to be working with Carbon Black to deliver a solution that blocks a broad spectrum of attacks that traditional antivirus generally misses,” said Matt Eberhart, vice president of global product management at SecureWorks. “Our clients tell us about the need for a simple solution that combines the black-and-white decisions of next-gen anti-malware protection with a service that also has the necessary endpoint telemetry to rapidly respond to adversary activity that you can’t prevent.”

SecureWorks is the first managed security service provider to partner with Carbon Black on Cb Defense. With AETP, SecureWorks’ clients will now receive comprehensive endpoint prevention with NGAV and the latest threat intelligence from the combined global visibility of Carbon Black and SecureWorks.

“Customers can now enjoy the benefit of breakthrough prevention technology combined with world-class detection and response services,” said Tom Barsi, Carbon Black’s senior vice president of business development. “These customers no longer have to make a choice about which is more important. This offering provides full protection with one technology in Carbon Black, and one service provider in SecureWorks.”

This announcement is the next step in SecureWorks’ existing strategic partnership with Carbon Black to bring advanced endpoint security solutions to clients around the world. The offering is slated to be available in the second quarter of 2017 and enhances the Advanced Endpoint Threat Detection (AETD) service already offered by SecureWorks leveraging Red Cloak and Carbon Black technologies.

Special Note Regarding Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. In some cases, you can identify these statements by such forward-looking words as “anticipate,” “believe,” “confidence,” “could,” “estimate,” “expect,” “guidance,” “intend,” “may,” “plan,” “potential,” “outlook,” “should,” “will” and “would,” or similar words or expressions that refer to future events or outcomes. These statements represent the Company’s judgment only as of the date of this press release.

Actual results may differ materially from those expressed or implied by these forward-looking statements because of risks, uncertainties and other factors, including those relating to: SecureWorks’ ability to achieve or maintain profitability; SecureWorks’ ability to enhance its existing solutions and technologies and to develop or acquire new solutions and technologies; the rapidly evolving market in which SecureWorks operates; SecureWorks’ reliance on personnel with extensive information security expertise; fluctuations in SecureWorks’ quarterly results and other operating measures; intense competition in SecureWorks’ markets; SecureWorks’ ability to attract new clients, retain existing clients and increase its annual contract values; SecureWorks’ reliance on its largest client and on clients in the financial services industry; SecureWorks’ ability to manage its growth effectively; SecureWorks’ ability to maintain high-quality client service and support functions; SecureWorks’ service level agreements with clients requiring credits for service failures or inadequacies; SecureWorks’ ability to continue expansion of its sales force; SecureWorks’ long and unpredictable sales cycle; risks associated with SecureWorks’ international sales and operations; SecureWorks’ ability to expand its key distribution relationships; SecureWorks’ technology alliance partnerships; real or perceived defects, errors or vulnerabilities in SecureWorks’ solutions or the failure of its solutions to prevent a security breach; the ability of SecureWorks’ solutions to perform as intended; SecureWorks’ ability to use third-party technologies; the effect of evolving information security and data privacy laws and regulations on SecureWorks’ business; SecureWorks’ ability to maintain and enhance its brand; SecureWorks’ recognition of revenue ratably over the terms of its managed security and threat intelligence contracts; the effect of timing differences between the expensing of sales commissions paid to SecureWorks’ strategic and distribution partners and the recognition of associated revenues; estimates or judgments relating to SecureWorks’ critical accounting policies; SecureWorks’ exposure to fluctuations in currency exchange rates; the effect of governmental export or import controls on SecureWorks’ business; SecureWorks’ compliance with the Foreign Corrupt Practices Act and similar laws; SecureWorks’ ability to maintain effective disclosure controls and procedures; the effect of natural disasters on SecureWorks’ ability to serve its clients; SecureWorks’ reliance on patents to protect its intellectual property rights; SecureWorks’ ability to protect, maintain or enforce its non-patented intellectual property rights and proprietary information; claims by third parties of infringement of their proprietary technology by SecureWorks; SecureWorks’ use of open source technology; and risks related to SecureWorks’ relationship with Dell Technologies Inc. and Dell Inc. and control of the Company by Dell Technologies Inc.

This list of risks, uncertainties and other factors is not complete. SecureWorks discusses these matters more fully, as well as certain risk factors that could affect SecureWorks’ business, financial condition, results of operations and prospects, under the caption “Risk Factors” in SecureWorks’ quarterly report on Form 10-Q for the quarter ended April 29, 2016, as well as in SecureWorks’ other SEC filings, including SecureWorks’ quarterly report on Form 10-Q for the quarter ended October 28, 2016. Any or all forward-looking statements SecureWorks makes may turn out to be wrong and can be affected by inaccurate assumptions the Company might make or by known or unknown risks, uncertainties and other factors, including those identified in this press release. Accordingly, you should not place undue reliance on the forward-looking statements made in this press release, which speak only as of its date. SecureWorks does not undertake to update, and expressly disclaims any obligation to update, any of its forward-looking statements, whether as a result of circumstances or events that arise after the date the statements are made, new information or otherwise.

About SecureWorks

SecureWorks is a leading global provider of intelligence-driven information security solutions exclusively focused on protecting our clients from cyberattacks. Our solutions enable organizations to fortify their cyber defenses to prevent security breaches, detect malicious activity in real time, prioritize and respond rapidly to security breaches and predict emerging threats. As of Oct. 28, 2016, SecureWorks served over 4,300 clients across 58 countries. For more information, individuals can also visit www.secureworks.com. The use of the word “partner” or “partnership” does not imply a legal partnership between SecureWorks and any other entity.

About Carbon Black

Carbon Black is the leading provider of next-generation endpoint security. Carbon Black’s Next-Generation Antivirus (NGAV) solution, Cb Defense, leverages breakthrough prevention technology, “Streaming Prevention,” to instantly see and stop cyberattacks before they execute. Cb Defense uniquely combines breakthrough prevention with market-leading detection and response into a single, lightweight agent delivered through the cloud. With more than 7 million endpoints under management, Carbon Black has more than 2,500 customers, including 30 of the Fortune 100. These customers use Carbon Black to replace legacy antivirus, lock down critical systems, hunt threats, and protect their endpoints from the most advanced cyberattacks, including non-malware attacks.