Press Release

82% of companies changing brand protection strategies to cope with cyber threat

SAN FRANCISCO, 08 November 2018 – The majority of companies will change their brand protection strategies to cover new cybersecurity and fraud threats in the next year, according to new research by MarkMonitor, the world leader in enterprise brand protection. In addition, 72% said that brand protection is gaining attention across their organisation as a result of online threats.

The research polled marketing decision makers from a cross section of industries, and five countries.

Over half of respondents identified the dark web dangers as a risk to business, and 69% said that cyber threats influence their domain name strategies.

Research found that the role of brand protection is shifting: 46% of brands said there will be more involvement from board level, while a further 46% said more involvement from IT and security teams is needed.

“This is a significant step forward for online brand protection, especially considering that nearly two-thirds of respondents believe infringement has increased over the last year,” says Chrissie Jamieson, VP of marketing, MarkMonitor. “The fact remains that brand protection is gaining more attention within organisations because the threats to reputation, customers and the bottom line are increasing at pace, and this is being recognised at the highest levels.

“Coupled with fast-developing cyber threats, brands are recognising that the landscape is changing and they need to find the most effective ways to keep themselves and their customers safe, whether that’s through technology, working with a brand protection partner, hiring staff with the right skills, or a combination of all three.”

Brands aren’t just concerned with the present — in the next five years brand protection budgets will mainly be spent on hiring the right people, safeguarding domain names and company IP, fighting phishing and piracy, and implementing new brand protection technologies. They will also be incorporating new technologies into their brand protection strategies, including:

The research commissioned by MarkMonitor and conducted by independent survey firm Vitreous World, surveyed 600 marketing decision makers from the U.K., U.S., Germany, Italy and France.

The full research report can be found here.

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® 2019 MarkMonitor. MarkMonitor and its logo, as well as all other trademarks used herein are trademarks of their respective owners and used under license.

About MarkMonitor

MarkMonitor, a leading enterprise brand protection solution and a Clarivate Analytics flagship brand, provides advanced technology and expertise that protects the revenues and reputations of the world's leading brands. In the digital world, brands face new risks due to the Web's anonymity, global reach and shifting consumption patterns for digital content, goods and services. Customers choose MarkMonitor for its unique combination of advanced technology, comprehensive protection and extensive industry relationships to address their brand infringement risks and preserve their marketing investments, revenues and customer trust. For more information, visit www.markmonitor.com.

About Clarivate Analytics

Clarivate Analytics is a global leader in providing trusted insights and analytics to accelerate the pace of innovation. Building on a heritage going back more than a century and a half, we have built some of the most trusted brands across the innovation lifecycle, including the Web of Science, Cortellis, Derwent, CompuMark, MarkMonitor and Techstreet. Today, Clarivate Analytics is a new and independent company on a bold entrepreneurial mission, to help our clients radically reduce the time from new ideas to life-changing innovations. For more information, please visit clarivate.com.

Forward-Looking Statements

This press release and oral statements made with respect to information contained in this release may contain forward-looking statements regarding Clarivate Analytics. Forward-looking statements provide Clarivate Analytics’ current expectations or forecasts of future events and may include statements regarding anticipated synergies and other future expectations. These statements involve risks and uncertainties including factors outside of Clarivate Analytics’ control that may cause actual results to differ materially. Clarivate Analytics undertakes no obligation to update or revise the statements made herein, whether as a result of new information, future events or otherwise.

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