Cyber Security Market to Benefit from Increasing Application of AI and IoT Technologies

globenewswire | August 24, 2020

The global cyber security market value is expected to reach USD 281.74 billion by 2027, from its current standing at USD 112.01 billion. According to the report by Fortune Business Insights, titled “Cyber Security Market Size, Share & Industry Analysis, By Solution (Network Security, Cloud Application Security, End-point Security, Secure Web Gateway, Internet Security and Others), By Deployment Type (Cloud and On Premise), By Enterprise Size (Small & Medium Enterprise and Large Enterprise), By End-Use (BFSI, IT and Telecommunications, Retail, Healthcare, Government, Manufacturing, Travel and Transportation, Energy and Utilities and Others) and Region Forecast, 2020-2027” The report also contains an in-depth analysis of the various factors and dynamics that will shape the market during the forecast period.

Spotlight

"In the 2014 IBM Chief Information Security Officer assessment, nearly 60 percent of security leaders interviewed felt that “the sophistication of attackers was out stripping the sophistication of their organization’s defenses. It’s no wonder. Analysis of attacks over the years have shown that cybercriminals are studying their prey closely—understandin  the security solutions, policies and procedures each bank implements—and devising successful countermeasures to circumvent their targets’ protections."

Spotlight

"In the 2014 IBM Chief Information Security Officer assessment, nearly 60 percent of security leaders interviewed felt that “the sophistication of attackers was out stripping the sophistication of their organization’s defenses. It’s no wonder. Analysis of attacks over the years have shown that cybercriminals are studying their prey closely—understandin  the security solutions, policies and procedures each bank implements—and devising successful countermeasures to circumvent their targets’ protections."

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Red Sift Acquires Hardenize to Redefine Enterprise Attack Surface Protection

Red Sift | October 14, 2022

Red Sift today announced that it has acquired global Attack Surface Management (ASM) innovator, Hardenize. The strategic move enables Red Sift to enrich, extend, and improve its existing security solutions to also protect customers’ internet assets and infrastructure, offering a complete, best-in-class digital resilience solution. The integration of Hardenize’s unique ASM capabilities enables the Red Sift platform to gain a comprehensive view of an organization’s digital footprint, allowing customers to better understand and protect their entire critical attack surface area in the face of an ever-evolving threat environment. While email security remains one of the greatest attack vectors for businesses on the internet, organizations understand that it is only one of many that hackers will look to exploit. From email and domains to web applications and the network perimeter, attackers will take advantage of any and all vulnerabilities across the ever-expanding attack surface. Rather than treating key email security risks individually, organizations must have a comprehensive understanding of and visibility into any and all assets, as well as the ability to secure these using best-in-class remediation based on globally recognized standards and protocols. Recognizing that organizations often are left to fend for themselves once vulnerabilities have been identified, today’s acquisition goes beyond enhanced discovery to provide customers with the necessary tools to shut down phishing and ensure ongoing compliance with email and web security protocols. Hardenize’s deep and continuous knowledge of key security and network standards, protocols and configurations, paired with Red Sift’s sophisticated remediation capabilities, enables customers to gain complete control of their entire attack surface for the first time. With today’s acquisition, Red Sift and Hardenize make this vision a reality for joint customers. Hardenize’s discovery capabilities will act as a magnifying glass into customers’ infrastructure, continuously identifying new and often unknown vulnerable assets across the attack surface. By enriching Red Sift’s discovery phase, customers can now uncover threats beyond email security, to discover lookalike domain abuse, and spot vulnerabilities across their network perimeter. “This move gives us the purview to do more for cybersecurity than we ever have before, elevating the breed of solution available to enterprise businesses for full Attack Surface Management and resilience. “By acquiring Hardenize, an innovator in Attack Surface Management (ASM), we extend our leading security products beyond protecting email; enabling enterprise customers to see their full attack surface, solve the issues at hand, and secure their valuable assets in an ever-evolving threat continuum. Bringing Hardenize and Red Sift together presents an opportunity to redefine how we approach ASM, and in turn revolutionize how enterprises protect themselves comprehensively and effectively in the face of an ever-evolving attack landscape.” Rahul Powar, CEO of Red Sift “We’re excited to join Red Sift in bringing this best-in-class security solution to the market,” said Hardenize CEO and SSL Labs creator Ivan Ristic. “Hardenize’s ability to align organizations’ digital assets to recognized security frameworks and standards complements Red Sift’s advanced email security capabilities to provide a single solution that protects organizations from being vulnerable to attackers.” “This is a significant moment in the fight against digital pollutants on the Internet. Modern cyber resilience is built on a foundation of good cyber hygiene. 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Keeper Security Launches Upgraded MSP Platform

Keeper Security | September 09, 2022

Keeper Security, the leading provider of zero-trust, zero-knowledge and FedRAMP Authorized cybersecurity software, today released an upgraded KeeperMSP platform that offers robust security and compliance solutions through an expanded portfolio of Keeper zero-trust security capabilities. These new market-leading features will help Managed Service Provider (MSP) partners oversee security and compliance for their customer base in an increasingly challenging threat landscape. The platform enhancements include powerful add-on features and products that offer a broad range of new solutions for MSPs, including: Advanced Reporting & Alerts (ARAM) Module; BreachWatch®; Compliance Reporting; KeeperChat®; Secure File Storage; Keeper Secrets Manager and Keeper Connection Manager. "At Keeper Security, we are committed to providing our MSP partners with the cutting-edge tools they need to achieve robust security and compliance for their internal users and the customers they support. "With the upgrades to KeeperMSP, we are equipping partners with powerful new features that support a zero-trust security model for maximum protection. MSPs can now offer even more Keeper features to their users and managed companies to help detect threats and prevent attacks." Darren Guccione, CEO and co-founder of Keeper Security Security and compliance capabilities included in Keeper's upgraded MSP platform include: Advanced Reporting & Alerts (ARAM) Module, which empowers InfoSec administrators to monitor more than 100 different security and activity-related event types via customizable reports, real-time notifications and seamless integration into any third-party SIEM solution. BreachWatch®, which continuously scans the dark web and receives alerts on compromised passwords to take immediate action for preventing an account takeover attack. Compliance Reporting that provides on-demand visibility of access permissions for the organization's credentials and secrets, and supports audits for Sarbanes Oxley (SOX) and other industry regulations that require access-control monitoring and event auditing. KeeperChat®, which enables secure, ephemeral messaging across employee devices with the world's most secure messaging solution, protecting communications with end-to-end encryption. Secure File Storage that taps into Keeper's zero-knowledge encryption to put secure file storage, retrieval and decryption privileges in the hands of approved users only. Keeper Secrets Manager, which secures your environment and eliminates secrets sprawl by removing hard-coded credentials from your source code, config files and CI/CD systems. Keeper Connection Manager, which provides DevOps and IT teams with effortless access to RDP, SSH and Kubernetes endpoints through a web browser. The upgraded Keeper MSP platform offers new revenue opportunities and competitive differentiation for users. The market-leading, differentiated features and bundling options will help MSPs keep pace in the ever-changing cybersecurity industry. About Keeper Security Keeper Security, Inc. ("Keeper") is transforming the way organizations and individuals protect their credentials, secrets, connections and sensitive digital assets to significantly reduce the risks of identity security-related cyberattacks, while gaining visibility and control. Keeper is the leading provider of zero-trust and zero-knowledge security cloud services trusted by millions of people and thousands of organizations for password management, secrets management, privileged access, secure remote infrastructure access and encrypted messaging.

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