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Independent tests of BlackBerry cyber defense scores solid results

Jonathon Brown Jonathon Brown, The Market Online
0 Comments| May 6, 2024

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  • A new study found that BlackBerry’s (TSX:BB) endpoint protection platform blocked the most cyberattacks while using fewer system resources
  • The tests found that CylanceENDPOINT minimized the disruption and financial impact of attacks by known and new threat actors
  • CylanceENDPOINT detected up to 25 percent more threats, with up to eight times less system impact, than the cohort, highlighting the difference in the real-world protection outcomes produced by various defensive AI models
  • BlackBerry Ltd. stock (TSX:BB) opened trading at C$4.03 per share

A new study found that BlackBerry’s (TSX:BB) endpoint protection platform blocked the most cyberattacks while using fewer system resources.

The Waterloo, Ontario-based tech firm’s AI-based CylanceENDPOINT solution was tested by the Tolly Group an independent test lab and provider of third-party validation services for the tech industry.

The tests found that CylanceENDPOINT minimized the disruption and financial impact of attacks by known and new threat actors.

The testing looked at detection rates for malware based on an in-market set of 1,000 publicly sourced malware samples and CPU utilization during the sample’s scanning. CylanceENDPOINT detected up to 25 percent more threats, with up to eight times less system impact, than the cohort, highlighting the difference in the real-world protection outcomes produced by various defensive AI models.

The tests also found that CylanceENDPOINT continuously demonstrated some of the lowest false positives in the industry and supports the widest range of modern and legacy operating systems, whether they are network-connected or not.

“It’s clear that AI-equipped adversaries are iterating faster to launch more attacks at an increasing rate. In fact, we’ve seen more than a doubling in the rate of novel attacks in the past few quarters,” Sriram Krishnan, head of product management for BlackBerry’s cybersecurity business unit said in a news release. “Many organizations are struggling to keep up with tech stacks that are biased toward manual detection. So it’s more important than ever to have objective testing for how well different models stack up when it comes to proactive defense.”

He added that, in addition to stopping up to 25 percent more attacks, CylanceENDPOINT used significantly fewer CPU resources. “An overworked CPU has a powerful ripple effect throughout an organization, impacting apps and, ultimately, users,” he said. “Sluggish performance can lead to freezing and crashing, particularly for mobile users. Getting things done on the go can grind to a halt.”

Cyberattacks pose a serious threat to businesses around the world. Western Canadian London Drugs stores are still reeling from the last week’s “cybersecurity incident” that forced the chain to temporarily close more than 80 of its stores.

This follows BlackBerry’s recent release of its new and expanded CylanceMDR, a managed detection and response tool backed by the company’s Cylance AI platform, the cybersecurity industry’s longest-running predictive platform on the market.

BlackBerry offers intelligent security software and services to enterprises and governments worldwide. The company’s software powers more than 235 million vehicles.

BlackBerry Ltd. stock (TSX:BB) opened 2 per cent higher at C$4.03. The stock has given back 30.17 per cent year-over-year, and 67.35 per cent since 2019.

Join the discussion: Learn what other investors are saying about this cybersecurity technology stock on the BlackBerry Ltd. Bullboard, and check out Stockhouse’s stock forums and message boards.

The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.




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