Box and CrowdStrike Partner to Combat Cyber Threats and Secure Content in the Cloud

Rhea-AI Summary

Box and CrowdStrike announce partnership to enhance data security in the cloud.

Positive

• The partnership between Box and CrowdStrike will provide organizations with new security capabilities to protect their data in the cloud.
• Box's secure content management and collaboration capabilities will integrate with CrowdStrike's AI-powered security platform.
• The integration will enable security teams to detect malicious files, ransomware, and suspicious activity in real-time.
• Box will leverage CrowdStrike's Zero Trust Assessment technology to extend protection across the entire cloud-to-endpoint-to application estate.
• Box and CrowdStrike will offer SMB solutions to help secure data at smaller organizations.

Negative

• None.

New Partnership Delivers First-Of-Its-Kind Security Capabilities To Joint Customers Of All Sizes

REDWOOD CITY, Calif. & AUSTIN, Texas--(BUSINESS WIRE)-- Box, Inc. (NYSE:BOX) and CrowdStrike (NASDAQ: CRWD) today announced a partnership to help organizations of all sizes secure their data in the cloud and stop data-related breaches. The partnership includes a new integration between Box’s secure content management and collaboration capabilities with CrowdStrike’s modern, AI-powered security CrowdStrike Falcon platform for real-time access control and threat prevention. As a result, security and IT teams can detect malicious files, ransomware, and suspicious activity as well as configure security policies directly in Box’s administrative console.

With this new integration, Box will leverage the CrowdStrike Falcon platform’s Zero Trust Assessment (ZTA) technology to extend protection across the entire cloud-to-endpoint-to application estate. This empowers joint customers to bring together powerful contextual insights from device posture and data access to evaluate risks in real-time, build granular policies and take remediation actions.

"With the volume and cost of data breaches on the rise, it is critical for businesses to quickly identify threats and effectively contain attacks before they cause business disruption,” said Aaron Levie, Co-Founder and CEO of Box. “Our mission at Box is to create a trusted platform that helps businesses of all sizes securely share, manage, and collaborate on their content from any device and across any application. By partnering with CrowdStrike, the defining market leader for AI-native cybersecurity built for the cloud era, we are setting a new standard for securing files in the cloud providing native security solutions that protect data inside and outside of their company’s perimeter without getting in the way of work.”

Additionally, Box and CrowdStrike will join forces to help secure data at smaller organizations in need of modern cybersecurity by offering Box and CrowdStrike’s SMB solutions, CrowdStrike Falcon Go and Falcon Pro.

“Today’s threat landscape impacts businesses of all sizes and across all industries. Organizations large and small – especially those operating in highly regulated industries – have long trusted Box as their secure content management solution of choice,” said Daniel Bernard, Chief Business Officer at CrowdStrike. “By partnering with Box, we have a great opportunity to bring AI-powered, enterprise-grade cybersecurity to everyone from SMBs to the Fortune 500.”

Pricing and Availability

The new integration is expected to be available for Box and CrowdStrike customers at the end of the year. Specific pricing and packaging will be announced upon general availability. Learn more by visiting the Box Blog.

Forward-Looking Statements

This press release contains forward-looking statements that involve risks and uncertainties, including statements regarding Box’s and CrowdStrike’s planned product introduction, integration and product features, and the market adoption and benefits of such product introduction, integration and features. There are a significant number of factors that could cause actual results to differ materially from the statements made in this press release. Any unreleased services or features referenced in this or other press releases or public statements are not currently available and may not be delivered on time or at all. Customers who purchase Box or CrowdStrike products separately should make their purchase decisions based upon features that are currently available. Neither Box nor CrowdStrike assume any obligation to update the forward-looking statements contained in this press release to reflect events that occur or circumstances that exist after the date on which they were made.

About Box

Box (NYSE:BOX) is the leading Content Cloud, a single platform that empowers organizations to manage the entire content lifecycle, work securely from anywhere, and integrate across best-of-breed apps. Founded in 2005, Box simplifies work for leading global organizations, including AstraZeneca, JLL, Morgan Stanley, and Nationwide. Box is headquartered in Redwood City, CA, with offices across the United States, Europe, and Asia. Visit box.com to learn more. And visit box.org to learn more about how Box empowers nonprofits to fulfill their missions.

About CrowdStrike

CrowdStrike (Nasdaq: CRWD), a global cybersecurity leader, has redefined modern security with the world’s most advanced cloud-native platforms for protecting critical areas of enterprise risk – endpoints and cloud workloads, identity and data.

Powered by the CrowdStrike Security Cloud and world-class AI, the CrowdStrike Falcon® platform leverages real-time indicators of attack, threat intelligence, evolving adversary tradecraft and enriched telemetry from across the enterprise to deliver hyper-accurate detections, automated protection and remediation, elite threat hunting and prioritized observability of vulnerabilities.

Purpose-built in the cloud with a single lightweight-agent architecture, the Falcon platform delivers rapid and scalable deployment, superior protection and performance, reduced complexity and immediate time-to-value.

CrowdStrike: We stop breaches.

Learn more: https://www.crowdstrike.com/
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Start a free trial today: https://www.crowdstrike.com/free-trial-guide/

© 2023 CrowdStrike, Inc. All rights reserved. CrowdStrike, the falcon logo, CrowdStrike Falcon and CrowdStrike Threat Graph are marks owned by CrowdStrike, Inc. and registered with the United States Patent and Trademark Office, and in other countries. CrowdStrike owns other trademarks and service marks, and may use the brands of third parties to identify their products and services.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231011622707/en/

Box PR

Dani Robin

comms@box.com

CrowdStrike Corporate Communications

Kevin Benacci

press@crowdstrike.com

Source: Box, Inc.

FAQ

What is the partnership between Box and CrowdStrike about?

The partnership aims to enhance data security in the cloud.

What capabilities will be integrated through the partnership?

Box's secure content management and collaboration capabilities will integrate with CrowdStrike's AI-powered security platform.

How will the integration benefit security teams?

The integration will enable security teams to detect malicious files, ransomware, and suspicious activity in real-time.

What technology will Box leverage from CrowdStrike?

Box will leverage CrowdStrike's Zero Trust Assessment technology.

Will Box and CrowdStrike offer solutions for smaller organizations?

Yes, Box and CrowdStrike will offer SMB solutions to help secure data at smaller organizations.