Intelligent CXO Issue 49 | Page 34

BUSINESS PROFILE

T

Tell us a bit more about your business and how it started
Invicti Security was founded in 2005 by Ferruh Mavituna, who developed Netsparker, our first web application security scanner. From the beginning, our mission has been to deliver highly accurate, automated security testing with‘ zero noise’.
With over 2 billion web applications in use globally and 40 % of data breaches originating from attacks on web applications, the need for reliable, scalable security solutions has never been greater. Our solutions empower organisations to secure their applications efficiently, enabling innovation without compromising security.
How has the business grown since it started, and how did you ensure growth?
Invicti’ s growth is driven by strategic innovation, acquisitions and strong industry demand for effective application security testing:
• Product expansion: We evolved from Netsparker into Invicti Enterprise and acquired Acunetix in 2019, strengthening our portfolio
• Investment and valuation: A 2021 investment from Summit Partners valued Invicti at over US $ 1 billion
• Technology leadership: We pioneered proof-based scanning, providing 99.98 % accuracy and eliminating false positives
• Global presence: Our offices and customers span multiple continents
• Shift to platform: Transitioning to a DAST-first AppSec platform that can validate vulnerabilities reported from other ASTs like SAST, SCA, etc.
By consistently delivering on our promise of accurate, automated and scalable security, we’ ve established Invicti as the leader in not only DAST but also Application Security Testing platforms.
What’ s the business’ approach to management?
Our management approach is guided by our core values:
An AppSec leader for more than 15 years, Invicti enables organisations in every industry to continuously scan and secure all of their web applications and APIs. Its solutions enable businesses to enable innovation without compromising security. Kevin Gallagher, President at Invicti, talks more about how Invicti started, its vision and goals and its approach to management.
• Global – Diversity and inclusivity are at our core
• Excellent – We hold ourselves to high standards
• Integrity – Doing the right thing is non-negotiable
• Innovative – Intellectual curiosity drives us
• Collaborative – Trust and transparency fuel teamwork
• Adaptive – Agility is key to staying ahead
Our leadership fosters a culture of innovation and collaboration, ensuring that every decision aligns with our mission to deliver‘ AppSec with Zero Noise’.

Delivering application security with zero noise

34 www. intelligentcxo. com