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Lookout Inc reports record year

Lookout, Inc, specialist in "securing the post-perimeter world", reports record year for its App defence product with new customer acquisitions and strategic go-to-market partnerships. App defence aims to help enterprises protect their customer-facing apps from  compromise and fraudulent transactions. It has a lightweight embeddable SDK that gives continuous visibility into the threat landscape of their consumer devices using the Lookout Security Cloud, which contains data from over 170m devices and 70m apps, it says,

Money Mart, a financial services company that provides payday loans, cheque cashing, and money transfer services, uses Lookout App Defence to provide end-to-end protection for their mobile apps.

The App Defence ecosystem now includes strategic go-to-market partnerships with:

  • Promon: Lookout has partnered with Promon, a specialist in app shielding technology, to jointly offer mobile app developers the ability to protect the integrity of their apps, impede attackers’ attempts to reverse-engineer code, attach emulators/debuggers, and repackage mobile apps at run time.
  • Buguroo: Lookout has partnered with Buguroo, a specialist in fraud detection technology, to provide a fully integrated “mobile app protection and fraud detection” capability to financial services customers. This partnership provides customers the ability to enhance the security posture of their mobile apps utilizing continuous authentication, as well as enrich their fraud and risk scores, both of which are needed to combat data compromise and online fraud across web and mobile channels.
  • Trustonic: Lookout has partnered with Trustonic to jointly offer developers the advanced application protection necessary to secure critical mobile apps in digital banking, payments, mPOS, mobileID authentication and other use-cases. Trustonic Application Protection (TAP) gives the developer community advanced protection across Android and iOS platforms through a software based Trusted Execution Environment (TEE), and integrity checks, as well as full access to a hardware backed TEE available on most Android devices.