Virtual Event: Threat Detection and Incident Response Summit - Watch Sessions
Connect with us

Hi, what are you looking for?

SecurityWeekSecurityWeek

Cybercrime

Thomson Reuters to Acquire Online Brand Protector MarkMonitor

Business news and information giant Thomson Reuters announced on Thursday that it would acquire MarkMonitor, a provider of online brand protection services.

Business news and information giant Thomson Reuters announced on Thursday that it would acquire MarkMonitor, a provider of online brand protection services.

San Francisco, California-based MarkMonitor helps companies protect their brands online, offering services such as tracking down counterfeit goods being sold online, trademark infringements, “brandjacking”, and is even a domain name registrar and protector to some of the largest online companies such as Apple and Google.

Thomson Reuters The acquisition will put MarkMonitor under Thomson Reuters’ Intellectual Property & Science business, adding to its portfolio of intellectual property solutions. The addition of MarkMonitor, the company says, will result in a suite of efficient and effective end-to-end brand protection solutions to assist customers in securing revenue and reputation.

“Thomson Reuters already helps thousands of companies create, manage and protect hundreds of billions of dollars worth of intellectual property assets,” said David Brown, president, Intellectual Property Solutions, Thomson Reuters. “With the addition of online brand protection solutions like those provided by MarkMonitor, we’ll be able to deliver advanced technologies to keep customers one step ahead of brandjackers and reduce the enormous risk posed to brands online.”

“With the continued explosive growth of Internet, ecommerce and social network usage, the digital world provides an anonymous haven for criminals who harm brands’ revenue and reputation, often at the expense of consumers,” said Salim. “Brands that take action to protect themselves by managing their domain name portfolios see real return on investment, including lower online advertising costs and higher revenue, along with greater customer satisfaction.”

MarkMonitor has over 400 employees in five countries and counts more than half of the Fortune 100 brands as customers. MarkMonitor employees, and President and Chief Executive Officer Irfan Salim, will join Thomson Reuters.

The acquisition is subject to standard regulatory approvals, and terms of the transaction were not disclosed.

Related: Counterfeit Ecommerce Sites Generate Over 120 Million Annual Visits According to Study

Advertisement. Scroll to continue reading.

Written By

For more than 10 years, Mike Lennon has been closely monitoring the threat landscape and analyzing trends in the National Security and enterprise cybersecurity space. In his role at SecurityWeek, he oversees the editorial direction of the publication and is the Director of several leading security industry conferences around the world.

Click to comment

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest threats, trends, and technology, along with insightful columns from industry experts.

SecurityWeek’s Threat Detection and Incident Response Summit brings together security practitioners from around the world to share war stories on breaches, APT attacks and threat intelligence.

Register

Securityweek’s CISO Forum will address issues and challenges that are top of mind for today’s security leaders and what the future looks like as chief defenders of the enterprise.

Register

Expert Insights

Related Content

Application Security

Cycode, a startup that provides solutions for protecting software source code, emerged from stealth mode on Tuesday with $4.6 million in seed funding.

Cybercrime

The changing nature of what we still generally call ransomware will continue through 2023, driven by three primary conditions.

Cybercrime

Luxury retailer Neiman Marcus Group informed some customers last week that their online accounts had been breached by hackers.

Cybercrime

As it evolves, web3 will contain and increase all the security issues of web2 – and perhaps add a few more.

Cybercrime

A recently disclosed vBulletin vulnerability, which had a zero-day status for roughly two days last week, was exploited in a hacker attack targeting the...

Cybercrime

Satellite TV giant Dish Network confirmed that a recent outage was the result of a cyberattack and admitted that data was stolen.

Cybercrime

Zendesk is informing customers about a data breach that started with an SMS phishing campaign targeting the company’s employees.

CISO Strategy

SecurityWeek spoke with more than 300 cybersecurity experts to see what is bubbling beneath the surface, and examine how those evolving threats will present...