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

Traditional email security products struggle to detect email impersonation threats such as BEC and targeted phishing campaigns. These threats consistently bypass defenses that rely on signatures and policies like Secure Email Gateways and native-cloud email filters. This guide breaks down how Fortra’s Agari uses advanced data sc

Spotlight

Traditional email security products struggle to detect email impersonation threats such as BEC and targeted phishing campaigns. These threats consistently bypass defenses that rely on signatures and policies like Secure Email Gateways and native-cloud email filters. This guide breaks down how Fortra’s Agari uses advanced data sc

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Network Threat Detection

Kyndryl Announces Strategic Global Alliance with Palo Alto Networks to Provide Industry Leading Network and Cybersecurity Services

PR Newswire | October 04, 2023

Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced a strategic global alliance with Palo Alto Networks to provide end-to-end network and cybersecurity services, including the launch of a new service offering, powered by Prisma SD-WAN for enterprises and Industry 4.0 customers. The alliance brings together Palo Alto Networks industry-leading platform security capabilities with Kyndryl's advanced network security services expertise to design, build, manage, and modernize mission-critical networking for customers across industries. The companies are joining forces to capitalize on emerging opportunities in the SD-WAN infrastructure market that IDC estimates will grow at a compound annual growth rate of 10.1% through 2027. As the demands of enterprise mobility accelerate, enterprises are looking for greater operational agility to support their digital transformation. Businesses need to support the growing number of devices used to access the corporate network and cloud-based applications, while also meeting evolving security and compliance requirements. Kyndryl and Palo Alto Networks are partnering to help businesses deliver consistent security and an enhanced user experience for customers everywhere, and across industries such as services, manufacturing, energy, healthcare, and retail. Kyndryl's new SD-WAN offering, powered by Prisma SD-WAN, will enable customers to transform and modernize their networks and meet the growing bandwidth demands of the proliferation of devices and cloud traffic. The new approach to network connectivity will provide a single pane of glass management to their networks, and simplifies deployment to branch-offices and edge services. By helping customers transition into a flexible and scalable network, Kyndryl will be able to help enterprises build a roadmap and incorporate new security paradigms such as SASE with Kyndryl Consulting services. At Kyndryl, we are at the forefront of helping enterprises with their network transformation to meet the growing trends of remote work, multi-devices usage, and cloud and data access. As organizations move away from traditional hardware-centric models to OPEX consumption models, the need for agile, highly secure and reliable networks is imperative, said Stephen Leonard, SVP of Global Strategic Alliances, Kyndryl. We are delighted to partner with Palo Alto Networks to provide robust and versatile network security services that will provide many benefits to our customers. "Together with Kyndryl, we are enabling enterprises to digitally transform confidently and innovate securely, while reaping the benefits of consolidating disparate security solutions into an integrated, best of breed platform," said Prem Iyer, SVP of Global Ecosystems for Palo Alto Networks. "We are committed to helping our joint customers achieve better security outcomes while protecting the modern connected organization from increasingly sophisticated attacks." The global partnership between Kyndryl and Palo Alto Networks builds on the companies' established collaboration around security services and solutions. In July Kyndryl launched its new Security Operations as a platform (SOaap) solution leveraging Palo Alto Networks Cortex technology to drive operational savings and time-to-value through automation and orchestration. Earlier this year, Kyndryl and Palo Alto Networks, together with Nokia, established an innovation lab in support of joint enterprise customers. By the end of the year, customers will be able to view innovative industrial edge use cases running on cloud, 4.9G/LTE and 5G private wireless connectivity. This will include remote manufacturing process control and real-time analytics on factory production sites, provisioning and management of mobile devices to improve the employee and frontline worker experience for onboarding and communication, and IT and OT security integration for worker safety and operational efficiencies. Kyndryl's industrial edge platform will be integrated with a multi-factor zero trust model built on Palo Alto Networks next-generation firewalls, run on Nokia's MXIE Industrial edge as part of Nokia Digital Automation Cloud (DAC)'s solutions, and with end-to-end managed services provided by Kyndryl. About Kyndryl Kyndryl (NYSE: KD) is the world's largest IT infrastructure services provider, serving thousands of enterprise customers in more than 60 countries. The company designs, builds, manages and modernizes the complex, mission-critical information systems that the world depends on every day. For more information, visit www.kyndryl.com.

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Enterprise Security, Platform Security, Software Security

ZeroFox Contributes to Open Source Amass Project to Help Businesses Manage Their External Attack Surface

Globenewswire | July 21, 2023

ZeroFox (Nasdaq: ZFOX), an enterprise software-as-a-service leader in external cybersecurity, highlights its recent contributions to the OWASP Amass Project in an ongoing effort to give businesses and government entities better visibility to their full external attack surface asset ecosystem. The recent additions to the project from the ZeroFox team provide more advanced tool sets for analysts to discover and catalog their internet-facing assets and exposures. The contributions create a new standard framework to lead the industry in a more cohesive approach to attack surface management. As organizations face increasingly sophisticated cyber threats, understanding and managing their external attack surface has become paramount. By leveraging its expertise in external cybersecurity, ZeroFox identified a critical gap in the attack surface management landscape and responded by spearheading the development of the Open Asset Model and Asset Database within the OWASP Amass Project. The Open Asset Model and Asset Database contributions offer security analysts a unified and structured approach to identifying and managing potential vulnerabilities outside the perimeter. The Open Asset Model provides a new standard for asset definitions, representing a comprehensive framework for describing and categorizing diverse internet-facing assets. The Amass community can quickly adapt the model to include new types of assets exposed on the Internet, and their relationships to each other, for more accurate discovery, tracking, monitoring, and management. The Asset Database implements this model, offering the database interaction layer to store discovered assets in the popular sqlite3 and PostgreSQL database management systems. The Asset Database will foster the development of an ecosystem of scanning and analysis tools, allowing them to store and analyze assets from the Open Asset Model and their relationships. These contributions directly benefit both existing Amass users and the broader attack surface management community in an effort to standardize asset definitions. The new standards now provide the information security community with a consistent and predictable format when transferring data describing external attack surfaces. "We are thrilled to contribute to the OWASP Amass Project and provide the security community with cutting-edge tools for Attack Surface Management," said Jeff Foley, VP of Research at ZeroFox. "By leveraging the power of open source, we aim to expand access to advanced cybersecurity capabilities, helping organizations proactively defend against emerging threats." These engineering contributions represent a continued commitment by ZeroFox to the open source community, OWASP, and the Amass Project. ZeroFox will continue to contribute to the Amass Project in an effort to enable the discovery, management, and protection of the external attack surface. By sharing its expertise and resources, ZeroFox aims to foster collaboration and innovation within the information security community, ultimately making the digital landscape safer for all users. About ZeroFox ZeroFox (Nasdaq: ZFOX), an enterprise software-as-a-service leader in external cybersecurity, has redefined security outside the corporate perimeter on the internet, where businesses operate, and threat actors thrive. The ZeroFox platform combines advanced AI analytics, digital risk and privacy protection, full-spectrum threat intelligence, and a robust portfolio of breach, incident and takedown response capabilities to expose and disrupt phishing and fraud campaigns, botnet exposures, credential theft, impersonations, data breaches, and physical threats that target your brands, domains, people, and assets. Join thousands of customers, including some of the largest public sector organizations as well as finance, media, technology and retail companies to stay ahead of adversaries and address the entire lifecycle of external cyber risks. ZeroFox and the ZeroFox logo are trademarks or registered trademarks of ZeroFox, Inc. and/or its affiliates in the U.S. and other countries. Visit www.zerofox.com for more information.

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Enterprise Security, Platform Security, Software Security

ZeroFox Named Digital Risk Protection Leader by Quadrant Knowledge Solutions in 2023 SPARK Matrix™

GlobeNewswire | August 21, 2023

ZeroFox, (Nasdaq: ZFOX), an enterprise software-as-a-service leader in external cybersecurity, announced today that it was recognized as a technology leader in the 2023 Quadrant SPARK Matrix ™ for Digital Risk Protection by Quadrant Knowledge Solutions. This recognition comes on the heels of other recent accolades in the DRP space, further solidifying the company’s position on the forefront of innovation for digital risk protection. The SPARK Matrix™ from Quadrant Knowledge Solutions provides an in-depth analysis of the Digital Risk Protection landscape, including trends, the overall vendor landscape and the market. By ranking the vendors featured in the analysis, the SPARK Matrix ™ provides insights that allow companies to compare the potential capabilities – and the market position – of each company they would partner with in a more strategic way. "In the age of rapid digital transformation, enterprises face complex challenges in safeguarding their external attack surface. Amidst evolving threats from every corner of the web – whether the surface, deep, or dark – ZeroFox has combined the strength of AI and full-spectrum threat intelligence to power solutions for digital risk protection. This empowers security teams to stay ahead of potential threats and shield their online footprint in our dynamic digital world," said John Prestridge, Chief Product Officer at ZeroFox. "Being named a technology leader in Quadrant Knowledge Solutions’ SPARK Matrix™ for Digital Risk Protection speaks volumes about our team's unwavering commitment and passion for protecting our customers. We're deeply honored by the acknowledgment of our continuous dedication to the industry." “With its sophisticated technology platform, comprehensive functional capabilities, and roadmap, ZeroFox is well-positioned to maintain and grow its share in the DRP market,” Akshay Parmar, Analyst at Quadrant Knowledge Solutions notes in the report. The report notes “several key differentiators for ZeroFox’s External Cybersecurity Platform, including the recent launch of FoxGPT – which showcases the practical implementation of generative AI in addressing challenges within the cyber threat intelligence domain. Another is the team’s Threat Intelligence and Attack Surface Management solutions, both of which help the team to detect brand or executive impersonations, safeguard domains, detect phishing URLs, monitor brand mentions and negative sentiment, as well as identify data leaks and attack chatter on the deep and dark web.” This recognition for ZeroFox as a leader in Digital Risk Protection from Quadrant Knowledge Solutions is a special accolade for the team – but not the first. ZeroFox was also a winner of the 2023 Global Infosec Awards for Most Comprehensive in the Digital Risk Protection category. The team was also recognized with the 2022 Frost & Sullivan Global Competitive Strategy Leadership Award, which highlighted ZeroFox’s leadership and exceptional strategic innovation and customer impact. About Quadrant Knowledge Solutions Quadrant Knowledge Solutions is a global advisory and consulting firm focused on helping clients in achieving business transformation goals with Strategic Business and Growth advisory services. At Quadrant Knowledge Solutions, our vision is to become an integral part of our client's business as a strategic knowledge partner. Our research and consulting deliverables are designed to provide comprehensive information and strategic insights for helping clients formulate growth strategies to survive and thrive in ever-changing business environments. About ZeroFox ZeroFox (Nasdaq: ZFOX), an enterprise software-as-a-service leader in external cybersecurity, has redefined security outside the corporate perimeter on the internet, where businesses operate, and threat actors thrive. The ZeroFox platform combines advanced AI analytics, digital risk and privacy protection, full-spectrum threat intelligence, and a robust portfolio of breach, incident and takedown response capabilities to expose and disrupt phishing and fraud campaigns, botnet exposures, credential theft, impersonations, data breaches, and physical threats that target your brands, domains, people, and assets. Join thousands of customers, including some of the largest public sector organizations as well as finance, media, technology and retail companies to stay ahead of adversaries and address the entire lifecycle of external cyber risks. ZeroFox and the ZeroFox logo are trademarks or registered trademarks of ZeroFox, Inc. and/or its affiliates in the U.S. and other countries. Visit www.zerofox.com for more information.

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