Ex-Adidas CISO Branden Newman joins the Board of Advisors

Branden Newman

Ingolstadt, Germany: August 2020, ABEX, the leader in innovative threat and vulnerability monitoring for SAP applications and custom code, today announced the appointment of senior security executive, Branden Newman, to its Board of Advisors.

This strategic addition to the newly founded ABEX Board of Advisors immediately follows the company closing a record half year of increased revenue, highlighted by the addition of strategic accounts, bringing the half year growth to +120% and a 100% year on year, gross retention rate. Additionally, ABEX has added robust vulnerability management and intuitive patch advisories to its SecurityBridge Platform. As a commitment to its protection of business-critical applications, ABEX has also launched a complementary, first of its kind, SAP security advisories, to provide up–to-date expertise on how, and when to patch SAP systems.

With over 20 years’ experience serving as adidas CISO, Head of Global Information Security at Merck Group, and numerous leadership positions across the U.S. Department of Defense, Newman brings valuable insights as an industry senior executive and proven visionary in cybersecurity.

“ABEX is at the forefront of advanced technology for protecting business critical data and processes across an organization’s ERP landscape, which is an area often left unsecured.” said Newman. ABEX’s SecurityBridge was successfully implemented at both adidas and Merck Group to provide continuous threat monitoring and vulnerability management of SAP systems.

“In 2020 we have experienced our most successful half-year in the company’s history. Our revenue growth has included clients of global stature, and the expansion of our partner eco-system has given us leverage into all geographies”, said Christoph Nagy, CEO and Co-founder of ABEX. “Welcoming Branden to our Board of Advisors is further endorsement of our leadership in SAP security and our commitment to continue to deliver the most advanced technology to business-critical SAP systems. He is a highly respected world-class leader in cybersecurity, having held executive positions in the most recognized global brands. His acumen and experience will be of great value to us as we expand our organization, particularly in North America. I look forward to working with Branden to implement our high trajectory growth strategies to deliver security to a vastly increasing number of business-critical applications”.

SecurityBridge is a modern SAP Security Platform, natively build in SAP.  It uses an ABAP based Intrusion Detection System (IDS) to guard your SAP landscape 24/7. Its frontend is build with Fiori, which provides you an intelligent insight on the security posture of your ABAP, Java and HANA based systems.

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