Palo Alto Networks remains a leader in Forrester's zero trust platform rankings while Microsoft and Check Point entered the leaders category for the first time. Vendors in the zero trust platform space ditched point products and pursued organic investments or M&A to create a broader offering.
The maker of the world's most popular VPN service hauled in $100 million on a $3 billion valuation to accelerate growth through mergers and acquisitions. The Warburg Pincus-led investment will allow the Lithuania-based internet privacy and security vendor to expand its product offering.
Last year's winner of RSA Conference's prestigious Innovation Sandbox contest could soon be acquired by Palo Alto Networks, according to Calcalist. The platform security behemoth is in advanced negotiations to purchase enterprise browser startup Talon Cyber Security for $600 million, Calcalist said.
Palo Alto Networks edged out Versa Networks, Cato Networks and firewall rival Fortinet for the top spot in Forrester's first-ever secure access service edge rankings. Leading providers have over the past 18 months built or bought both the networking and security pieces of SASE, Forrester found.
The U.S. federal government acknowledged that it is lagging behind on border gateway protocol security practices. Officials from several government agencies, ISPs and cloud content providers organized a workshop to understand the latest security improvements underway.
The latest generation of ransomware and phishing attacks is being designed to evade existing network security controls such as gateways and firewalls, said Menlo Security CEO Amir Ben-Efraim. Threat actors have taken the time to codify, register and customize URLs to impersonate a bank's help desk.
SMB cybersecurity platform Coro purchased an early-stage Israeli startup to bring network connectivity to its SASE offering for midmarket organizations. Coro said its buy of Jerusalem-based Privatise will give Coro clients a secure way to connect, manage and filter out malicious content.
Thales has agreed to purchase Imperva for $3.6 billion to enter the application and API security market and expand its footprint in data security. The deal will add a robust web application firewall along with capabilities in API protection and data discovery and classification to Thales' portfolio.
A growing number of security teams are looking to consolidate tools to simplify operations, said Gartner analyst Dionisio Zumerle. "When you have the complexity, it's very hard to identify misconfigurations between the different overlapping tools, and it's also hard to identify security gaps."
Akamai will shrink its workforce by 3% as its shifts resources from its shrinking content delivery business to growth areas in cloud computing and security. The company will shrink its 9,960-person staff by 299 positions as it looks to sustain its profitability levels despite economic headwinds.
Virtual desktop infrastructure has been around for years as an option to secure hardware and systems, but VDI often causes friction for the business and can be unpopular with users. Island is taking on those challenges with its Enterprise Browser by managing everything in the browser.
The way we secure workloads today is vastly different due to remote work and the move to the cloud following the pandemic. More modern SASE solutions such as zero trust have been adopted, and organizations are moving from legacy such as MPLS to software-defined networking and cloud-based solutions.
A surging Palo Alto Networks has joined stalwarts Netskope and Zscaler atop Gartner's security service edge ranking, while Skyhigh Security fell from leader to visionary. Netskope joined Palo Alto as a big winner, catapulting from third to first in both execution ability and completeness of vision.
Cradlepoint has bought seasoned Israeli security veteran Ericom Software to bring SASE, zero trust and cloud security to hybrid 5G and wireline environments. The deal will help Cradlepoint's SASE and zero trust technology portfolio cover fixed-site, remote worker, in-vehicle and IoT use cases.