MINNEAPOLIS--(BUSINESS WIRE)--Code42, the leader in insider risk detection and response, announced today that it has won a Minnesota High Tech Association (MHTA) 2019 Tekne Award. Code42’s insider threat solution was recognized in the cybersecurity category for innovating the ways companies detect, investigate and respond to data loss, leak and theft at the hands of insiders. For the past two decades, the Tekne Awards have recognized organizations that are leading-edge innovators in science and technology within Minnesota.
“Nearly three-quarters of employees, and likely more, feel entitled to their work product and have been taking files – customer lists, product plans and even source code – with them for years when they leave their employers. Insider threat has been a longstanding risk for businesses and legacy technologies have failed to curb it,” said Joe Payne, Code42 president and CEO. “It is an honor to be recognized with an MHTA Tekne Award as a leading cybersecurity company for the innovative technology and solutions we deliver to help companies worldwide protect their trade secrets from insider threats.”
“The Tekne Awards honor the innovative ideas that are powering Minnesota’s growing science and technology economy,” said Jeff Tollefson, president and CEO of the Minnesota High Tech Association. “This year’s recipients have brought forth some of the most innovative industry advancements we’ve seen, and we are proud to honor their contributions to the technology industry of the future.”
A long-time leader in the Minnesota tech community and prior Tekne Award winner, Code42 was recently recognized locally by the Minneapolis/St. Paul Business Journal as the second largest SaaS company in Minnesota and named a Top Workplace by the Star Tribune for the fifth time. In addition, Code42 and its insider threat solution have received a number of national award recognitions. Code42, a nine-time Inc. 5000 fastest-growing private company, has been honored with Globee and IT World Awards, a 2019 Black Unicorn Award, a Stevie Award, two Cyber Defense Magazine 2019 InfoSec Awards, a 2019 Info Security PG’s Global Excellence Award and 2019 Cybersecurity Excellence Awards. For a complete list of Code42 achievements, visit the Honors page on the company’s website.
A full list of 2019 Tekne winners are available online at tekneawards.org.
Code42 is the leader in insider risk detection and response. Native to the cloud, Code42 rapidly detects insider threats and speeds incident response – all without lengthy deployments, complex policy management or blocking user productivity. With Code42, security professionals can protect endpoint and cloud data from loss, leak and theft while fostering an open and collaborative culture for employees. Backed by security best practices and control requirements, Code42’s insider risk solution can be configured for GDPR, HIPAA, PCI and other regulatory frameworks.
More than 50,000 organizations worldwide, including the most recognized brands in business and education, rely on Code42 to safeguard their ideas. Founded in 2001, the company is headquartered in Minneapolis, Minnesota, and backed by Accel Partners, JMI Equity, NEA and Split Rock Partners. For more information, visit code42.com, read Code42’s blog or follow the company on Twitter.
About the Minnesota High Tech Association (MHTA)
The Minnesota High Tech Association is an innovation and technology association united in fueling Minnesota’s prosperity. We bring together the people of Minnesota’s science and technology ecosystem and lead the way in bringing science and technology issues to leaders at Minnesota’s Capitol and Washington, D.C. MHTA is the only membership organization that represents Minnesota’s entire technology-based economy. Our members include organizations of every size − involved in virtually every aspect of technology creation, production, application and education in Minnesota.
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