Network Threat Detection
Fortinet | November 06, 2023
Fortinet prioritizes secure networking, universal SASE, and security operations to expand globally and innovate in cybersecurity.
Secure networking is estimated to reach $86 billion by 2027 and universal SASE $36 billion, aligning with the strategic change.
Focusing on cybersecurity growth strengthens Fortinet's commitment to customer value and innovation.
Fortinet, a global leader in cybersecurity, is focusing its business strategy on high-growth markets, emphasizing secure networking, universal secure access service edge (SASE), and security operations. This shift will drive innovation and reinforce its commitment to customers. Fortinet is reorganizing its research & development (R&D) and go-to-market (GTM) strategies around the three markets mentioned. They will develop integrated and advanced products to cater to these areas.
Fortinet operates globally, serving hyperscale customers and promoting cybersecurity technologies. The three core markets Fortinet is concentrating on are secure networking, universal SASE, and security operations. These markets are expected to experience substantial growth, and Fortinet has a competitive advantage in them. This strategy aims to expand Fortinet's global business and provide value to its customers. The company is aligning with areas of high demand in the cybersecurity sector. Its current collection of organically developed and integrated products and services enjoys a notable competitive edge in the aforementioned three crucial markets:
The market for secure networking is anticipated to reach $86 billion by 2027, expanding at a rate of nearly nine percent per year. 5G gateways, network firewalls, secure switches, and access points comprise the majority of its composition. With the expansion of its firewall business, Fortinet anticipates a corresponding increase in revenue for its FortiGuard Security Services, which are propelled by artificial intelligence (AI). Secure networking remains an integral component of Fortinet's strategy, given that it dominates both firewall revenues and units shipped in its greatest addressable market.
Also, by 2027, the universal SASE market is anticipated to reach $36 billion, representing an annual expansion of nearly 20%. The system integrates various cloud-native networking and security technologies, including SD-WAN, secure web gateway (SWG), cloud access security broker (CASB), data loss prevention (DLP), zero-trust network access (ZTNA), SASE, and others. Its purpose is to streamline the process of implementing a zero-trust strategy. All functions of the SASE solution developed by Fortinet can be executed either in an appliance or in the cloud. This capability is facilitated by a unified management console, networking and security layer, and operating system. Recently, Fortinet was positioned in the inaugural Gartner Magic Quadrant for Single-Vendor SASE in 2023.
Lastly, the security operations market is anticipated to reach $78 billion by 2027, expanding at slightly more than 14% per year. Fortinet's SecOps platform is the most comprehensive, integrated, and broad in the industry, enabling organizations to gain control and insight into their distributed operations through security orchestration, endpoint detection and response (EDR), automation and response (SOAR), security information and event management (SIEM), network detection and response (NDR), and additional integrated enterprise-grade cybersecurity technologies.
Complementing Fortinet's R&D expenditures are strategic realignments in its GTM investments, concentrating on security operations, universal SASE, and secure networking. With the assistance of marketing support and training, sales will be structured in accordance with these three strategic areas in order to increase market penetration and consumer engagement.
Business Wire | November 02, 2023
SCYTHE, a leading provider of cybersecurity solutions, announces the release of SCYTHE 4.1, the latest evolution in its cutting-edge cyber resilience offering. This release brings new and enhanced features to empower organizations in their continuous efforts to strengthen their cybersecurity posture.
SaaS Offering for Unparalleled Flexibility
SCYTHE 4.1 introduces its initial Software as a Service (SaaS) offering, providing organizations with newfound deployment flexibility. This SaaS option offers the same robust capabilities as the on-premises version, ensuring that teams can choose the deployment model that best suits their needs without pricing changes. SCYTHE's commitment to flexibility ensures that organizations can secure their infrastructure on their terms.
Advanced Agent Support with Scheduling for Continuous Testing
To unlock even greater control over security testing, SCYTHE 4.1 introduces advanced agent support with scheduling. This feature allows organizations to perform continuous testing by automating the deployment and execution of security assessments at specified intervals. With the power of scheduling, teams can proactively identify threats, assess controls, and evaluate their readiness to respond to cyber threats. SCYTHE empowers organizations to maintain the highest level of cyber resilience without manual intervention.
Cloppy - Your AI-Powered Security Analyst
In a significant leap forward, SCYTHE unveils the early access beta release of "Cloppy," its supervised machine learning (ML)-based AI analyst chatbot. Cloppy enhances team productivity, job satisfaction, and cybersecurity capabilities by delivering instant insights and recommendations. This AI-driven assistant will leverage private knowledge base instances, ensuring sensitive information stays secure. Cloppy is poised to become a trusted companion for security professionals, providing real-time guidance and augmenting their decision-making processes.
As cyber threats continue to evolve, so must our approach to cybersecurity. SCYTHE 4.1 represents our commitment to innovation and empowering organizations to stay ahead of cyber adversaries, said Marc Brown, Head of Product at SCYTHE. With our SaaS offering, advanced agent support, and the introduction of Cloppy, we're equipping organizations with the tools they need to enhance their cyber resilience while simplifying offensive security.
SCYTHE 4.1 Platform is now available for both new and existing customers. For more information on SCYTHE's comprehensive cyber resilience solutions, please visit https://scythe.io.
SCYTHE represents a paradigm shift in cybersecurity risk management, empowering organizations to Attack, Detect, and Respond efficiently. The SCYTHE platform enables collaboration between red, blue, and purple teams to build and emulate real-world adversarial campaigns. SCYTHE's innovative dual-deployment options and comprehensive features ensure a proactive cybersecurity approach. Headquartered in Arlington, VA, SCYTHE is privately funded by distinguished partners dedicated to shaping a more resilient cybersecurity landscape.
PR Newswire | November 01, 2023
Palo Alto Networks (NASDAQ: PANW), the global cybersecurity leader, today announced that it has entered into a definitive agreement to acquire cloud security start-up Dig Security, an innovative provider of Data Security Posture Management (DSPM).
Today, almost 70% of organizations already have data stored in the public cloud1. With increased interest and adoption of generative AI, sensitive data is often even more spread out across cloud services, including distributed databases, vector databases, PaaS services, and more. Organizations need help identifying sensitive data, effectively managing user access, and implementing robust security measures to protect against internal and external threats. Simultaneously, the relentless surge in the volume and impact of cloud data breaches persists2, causing significant damage to enterprises. This underscores the critical role that DSPM will play within a comprehensive cloud security strategy.
Dig's DSPM solution enables organizations to discover, classify, monitor, and protect sensitive data across all cloud data stores, which will give Palo Alto Networks' customers visibility into and control of their multi-cloud data estate. After the close of the proposed acquisition, Dig's capabilities will be seamlessly integrated into the Prisma® Cloud platform to provide near real-time data protection from code to cloud. Dig was founded by entrepreneurs Dan Benjamin, Ido Azran, and Gad Akuka. They will continue leading their teams in joining the Prisma Cloud team at Palo Alto Networks after closing.
Lee Klarich, Chief Product Officer for Palo Alto Networks:
"As companies build AI-enabled applications, there will be a substantial increase in the amount of data transferred to the cloud. Dig's highly innovative DSPM technology helps safely enable this shift, and its dedicated team will complement and help advance Palo Alto Networks' strengths across cloud security. The announcement of our intent to join forces with Dig reinforces our longstanding commitment to our team in Israel and to continue growing our footprint with its talented and dedicated cybersecurity professionals."
Ankur Shah, SVP Products, Prisma Cloud for Palo Alto Networks:
"Data protection was the top priority for cloud security cited in the 2023 The State of Cloud-Native Security Report. Upwards of 75% of respondents noted that the number of point tools they use creates blind spots. Dig lets security teams see and secure their data across multi-cloud environments. This visibility and security is becoming increasingly important in the age of generative AI. Dig's innovation, coupled with Prisma Cloud's leading code-to-cloud intelligence highlighted in the recent Darwin release, will create what CISOs need to drive complete cloud security and data protection with a single, integrated, cloud-native platform."
Dan Benjamin, Co-Founder & CEO, Dig Security:
"Modern cloud applications leverage a broad set of data stores to meet the complex needs of businesses. We developed an award-winning DSPM solution to alleviate this strain by providing a centralized offering to monitor and manage the security of these cloud data stores. Integrating Dig's technology with Prisma Cloud will enable customers to effectively manage the security of their diverse data stores in modern cloud applications and reduce the risk of data breaches. My co-founders and I look forward to continuing our innovation journey with Palo Alto Networks to make the world safer."