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Cyber Security Vendor News – 2023-03-26

Posted on March 28, 2023March 28, 2023 by admini

Table of Contents

  • Cyber Security Market Grow, Technology & Application, Share to Massive Growth up to US$ 624.4 Billion By 2030| Exhibit a CAGR of 13.9%: ReportsandInsights.
  • Grip Security & The Syndicate Group (TSG) Announce Strategic Investment to Accelerate Channel-Led Growth
  • GigaOm Recognizes Check Point Software as a Leader in Innovation in its Application and API Security Report
  • QuSecure launches live end-to-end satellite quantum resilient link through space
  • Zscaler Appoints Global Sales and Alliances Veteran to Grow Worldwide Zero Trust Ecosystem Sales
  • KELA LAUNCHES TECHNICAL CYBERCRIME INTELLIGENCE ON SNOWFLAKE MARKETPLACE

 Cyber Security Market Grow, Technology & Application, Share to Massive Growth up to US$ 624.4 Billion By 2030| Exhibit a CAGR of 13.9%: ReportsandInsights.
X Herald
A novel report issued recently by Reports & Insights titles “Cyber Security Market: Opportunity Analysis and Future Assessment 2023-2030” which refers to a detailed market documentation and statistics summarizing factors like market size, market prospects and future opportunities, possible challenges, prevailing trends, leading players engaged in the market developed by the acknowledged market expertise using verified research methodologies and proven analytical approaches.
The base year considered for the study is 2021, and the forecasted year is considered 2023-2030.
The global Cyber Security market in 2023 is estimated for more than US$ 220.5 Bn and expected to reach a value of US$ 624.4 Bn by 2030 with a significant CAGR of 13.9%.

The expeditiously increased dependence on computer systems including various electronic devices, smartphones, televisions all of which constitutes the Internet of Things (IoT), is one of the primary factors that is boosting the demand of cyber security in the global markets, thereby the global cyber security market is projected to grow rapidly in the years to come.
Link: http://xherald.com/market-news/cyber-security-market-grow-technology-application-share-to-massive-growth-up-to-us-624-4-billion-by-2030-exhibit-a-cagr-of-13-9-reportsandinsights/

 Grip Security & The Syndicate Group (TSG) Announce Strategic Investment to Accelerate Channel-Led Growth
Cision PR Web
BOSTON and LOS ANGELES, March 13, 2023 /PRNewswire/ — Grip Security, a leader in SaaS security unifying discovery, access control and data governance, today announced a strategic investment from The Syndicate Group (TSG), a leading venture firm that helps startups scale faster with revenue growth and new customer acquisition by organizing exclusive investment access for their strategic go-to-market ecosystem.
The investment helps Grip Security accelerate its channel-led growth strategy and has already spurred partner interest and sales pipelines that have exceeded expectations, setting the company up to overachieve its financial goals.
TSG has a demonstrated history of investing in disruptive, category-creating companies and helping them accelerate revenue growth.

Driven largely by growth in the channel, Grip Security expects to triple its bookings from the previous fiscal year.
Grip creates an identity fabric that provides a consistent, continuous and context-aware security posture that supports the agility modern enterprises need today.
With Grip, companies can embrace cloud services, SaaS and digital supply chains safely and securely.

TSG is introducing Grip Security to its ecosystem of more than 450 leading channel partner companies and more than 7,500 TSG members to accelerate the company’s growth strategy.
Link: https://www.prnewswire.com/news-releases/grip-security–the-syndicate-group-tsg-announce-strategic-investment-to-accelerate-channel-led-growth-301769539.html

 GigaOm Recognizes Check Point Software as a Leader in Innovation in its Application and API Security Report
Market Newsdesk
SAN CARLOS, Calif., March 13, 2023 (GLOBE NEWSWIRE) — Check Point® Software Technologies Ltd. (NASDAQ: CHKP), a leading provider of cyber security solutions globally, today announced GigaOm’s recognition as a Leader in its Application and API Security Radar Report.
As a new entrant in the report, GigaOm applauds Check Point’s ability to use machine learning (ML) to protect cloud applications and critical assets from zero-day attacks like log4j.

According to GigaOm, Check Point’s strength lies in its expansive cloud security offering that merges existing security tooling with newer AI/ML functionalities which exceed the capabilities used in traditional solutions.
Link: https://www.marketnewsdesk.com/index.php/gigaom-recognizes-check-point-software-as-a-leader-in-innovation-in-its-application-and-api-security-report/

 QuSecure launches live end-to-end satellite quantum resilient link through space
QuSecure has accomplished the first known live, end-to-end quantum-resilient cryptographic communications satellite link through space, marking the first time U.S. satellite data transmissions have been protected from classical and quantum decryption attacks using post-quantum cryptography (PQC).

This enables servers, edge, IoT, battlefield, and other devices outside conventional data networks to adopt quantum-safe communications.
From secure military communications to financial payment and data transmissions, organizations now can be fully protected from data harvesting.
Data harvested today could be decrypted by a quantum computer in the future, an active and ongoing practice known as Steal Now Decrypt Later (SNDL).
Link: https://www.helpnetsecurity.com/2023/03/11/qusecure-quantum-resilient-cryptographic-communications-satellite-link/

 Zscaler Appoints Global Sales and Alliances Veteran to Grow Worldwide Zero Trust Ecosystem Sales
Research Pool
SAN JOSE, Calif., March 10, 2023 (GLOBE NEWSWIRE) — (NASDAQ: ZS), the leader in cloud security, today announced that Karl Soderlund has been appointed as the company’s Senior Vice President, Worldwide Partners, and Alliances.
In his role at Zscaler, Soderlund will be responsible for advancing and modernizing the Zscaler partner program by developing and executing a competitive go-to-market strategy, and leading a world-class channel team.

Soderlund joins Zscaler from Palo Alto Networks where he served as a Senior Vice President.
Soderlund’s time at Palo Alto Networks was marked by strong accomplishments, including attracting and retaining top talent, architecting award-winning channel programs, and securing new partners.
Soderlund has been awarded channel chief eight times over his career and for the past three years, he’s been recognized as one of the top 50 most influential leaders in the industry.
Link: https://app.researchpool.com/company/zs-us98980g1022-zscaler-97U1aymqIY/press/zscaler-inc-zs-zscaler-appoints-global-sales-and-alliances-veteran-to-grow-worldwide-B0j6sUJh9c

 KELA LAUNCHES TECHNICAL CYBERCRIME INTELLIGENCE ON SNOWFLAKE MARKETPLACE
Cision PR Web
TEL AVIV, Israel, March 16, 2023 /PRNewswire/ — KELA today announced that it has partnered with Snowflake, the Data Cloud company, to launch its technical intelligence data on Snowflake Marketplace.
KELA’s Technical Cybercrime Intelligence availability on Snowflake Marketplace will enable joint customers to get near-instant, seamless, and secure access to potentially compromised IPs and domains involved in cybercrime activity.

KELA’s Technical Intelligence automatically extracts and collects potentially compromised IPs and domains involved in cybercrime activity in cybercrime sources such as closed forums, illicit markets, automated cybercrime shops, instant messaging channels used by criminals, and more.
This intelligence is available to consume via Snowflake as machine-readable data and can be easily integrated into security appliances.
Link: https://www.prnewswire.com/news-releases/kela-launches-technical-cybercrime-intelligence-on-snowflake-marketplace-301772068.html

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