Company name: Contrast Security Headquarters: USA Website: www.contrastsecurity.com

Solution description:

Contrast was founded over 8 years ago to help organizations achieve exceptional app/API security outcomes. Contrast’s key innovation is analyzing apps/APIs from “inside-out” rather than traditional “outside-in” approaches. Our runtime security solution solves the speed, accuracy, scalability, and ease-of-use challenges associated with traditional application security technologies. We invented, patented, and pioneered the use of runtime security for both appsec testing and protection.With “runtime security,” Contrast provides extremely high fidelity security findings in real time at a dramatically accelerated pace to empower developers. We’ve been able to help organizations focus on the vulnerabilities that matter, achieving dramatic reductions in backlog, mean time to remediate (MTTR), and new vulnerability rate (NVR). Customers that have leveraged our runtime security approach have seen developer productivity improve 13%, AppSec teams efficiency gain by 30% and a 258% return on their investment (source: IDC ROI Floor and Decor).

Value proposition: 

Contrast’s Runtime Security changes the AppSec game by replacing expensive, inaccurate, and inefficient manual tools and processes with automated, accurate, and actionable security that safeguards every application from development to production.

Solution categories:

• Cyber Threat Intelligence
• Incident Detection & Response
• Cyber Risk Management
• Application Security

Listen to the podcast: https://www.pwc.lu/en/advisory/digital-tech-impact/cyber-security/cybersecurityday/pitching-contest-finalists.html#solution2