Check Point Software Advances API Security Supporting Enterprise Digital Transformation
Check Point Software has launched a new API Discovery feature on its CloudGuard platform, enhancing its Web Application Firewall (WAF) capabilities. This innovation has positioned Check Point as a leader in GigaOm's latest Radar for Application and API Security. The API Discovery tool provides comprehensive insights into API inventories across cloud environments, helping to identify exposed or vulnerable APIs, thereby enhancing security measures against unauthorized access and data breaches. GigaOm analyst Don MacVittie highlighted that Check Point earned the highest score for API protection. Check Point's 2024 Cloud Security Report noted a substantial rise in cloud security incidents, from 24% in 2023 to 61% in 2024.
- Check Point launched a new API Discovery feature on CloudGuard.
- Check Point earned the highest score for API protection by GigaOm.
- API Discovery offers comprehensive insights into API inventories, enhancing security.
- GigaOm's latest Radar for Application and API Security recognized Check Point as a leader.
- Check Point's 2024 Cloud Security Report indicates a 154% increase in cloud security incidents, emphasizing the need for advanced solutions.
- CloudGuard WAF uses machine learning for real-time threat detection, providing protection against zero-day attacks.
- The significant increase in cloud security incidents (from 24% in 2023 to 61% in 2024) underscores growing challenges in cloud environment security.
- Despite advancements, the need to address the rising complexity and frequency of cloud threats is apparent.
Insights
Check Point's introduction of the API Discovery feature within its CloudGuard solution signifies a significant step forward in the realm of cloud security. This feature enhances the platform's ability to identify and protect vulnerable APIs, offering real-time threat detection using advanced machine learning techniques. This approach marks a substantial improvement over traditional WAFs that rely on static signatures.
The integration of AI-optimized Schema is pivotal, allowing for dynamic adaptation to new threats, including zero-day attacks. As cloud environments grow more complex, the ability to proactively manage and secure APIs becomes critical. This development directly addresses the increasing frequency of cloud security incidents, which have surged by
From a market perspective, Check Point's advancements in API security position it favorably against competitors in the cybersecurity space. Being recognized as a leader in GigaOm's Radar underscores the company's commitment to innovation and its ability to address emerging threats. This recognition can bolster investor confidence, as it reflects both the demand for and the quality of Check Point's solutions.
The shift from a 'Feature Play' to a 'Platform Play' as noted by GigaOm, signals a strategic move to offer comprehensive security solutions rather than isolated features. This holistic approach aligns well with the market trends towards integrated security platforms, which can provide a more cohesive and scalable defense mechanism for enterprises. This move could potentially attract new customers and retain existing ones, driving sustained revenue growth.
Financially, Check Point's continuous innovation in cloud security could translate into positive results. The company's enhanced API Discovery capability is likely to drive increased adoption of its CloudGuard platform. This, combined with the growing importance of cloud security as indicated by the substantial rise in cloud security incidents, suggests a strong market demand for Check Point's solutions.
Furthermore, the recognition from GigaOm can serve as a significant marketing tool, potentially leading to higher sales and improved market share. Investors should note that this strategic advancement aligns with the broader trend of digital transformation across industries, where security remains a top priority. Enhancements in cybersecurity offerings can lead to a favorable impact on Check Point's financial performance in both the short and long term.
New API discovery feature on Check Point CloudGuard recognized in latest GigaOm Radar for Application and API Security
REDWOOD CITY, Calif., May 22, 2024 (GLOBE NEWSWIRE) -- Check Point Software Technologies Ltd. (NASDAQ: CHKP), a leading AI-powered, cloud-delivered cyber security platform provider, reinforces its Web Application Firewall with the powerful API Discovery feature, aimed at strengthening organizations’ cloud assets. This innovative tool, combined with its cloud native prevention first capabilities, has positioned Check Point as a leading performer in GigaOm's latest Radar for Application and API Security.
Amidst mounting concerns regarding cloud security, Check Point continues to focus on preventing cyber threats and safeguarding digital assets through a prominent Cloud Native Application Protection Platform (CNAPP) solution. Check Point CloudGuard WAF is an integral part of the CNAPP platform, offering robust cloud web application an API security and effectively preventing attacks from infiltrating the cloud environment. Unlike traditional Web Application Firewalls (WAFs), CloudGuard WAF leverages advanced machine learning instead of relying on traditional signatures to block known and unknown attacks, ensuring real-time threat detection and protection against zero-day attacks such as Log4j and MOVEit.
For two consecutive years, Check Point has been selected as a leader. This year, GigaOm analyst Don MacVittie notes that, “the biggest strength for Check Point CloudGuard WAF/open-appsec solution is API protection earning the highest score due to its innovative API import and API discovery.” MacVittie also highlights that, “Check Point is one of several vendors that flipped from Feature Play to Platform Play,” emphasizing our collaborative Infinity Platform.
The new API discovery feature provides organizations with comprehensive insight into their API inventory across cloud environments. It enables security teams to effortlessly identify publicly exposed or vulnerable APIs. Leveraging its AI-optimized Schema, CNAPP empowers organizations to access and enforce API security effectively, thereby reducing the risk of unauthorized access and data breaches. The significance of these capabilities is clear, as Check Point's 2024 Cloud Security Report revealed a significant increase in cloud security incidents, from
"API Discovery completes our CloudGuard CNAPP and WAF solution, offering an impressive level of protection for cloud-native applications,” said Oded Gonda, VP Technology & Innovation at Check Point Software Technologies. “By focusing on the needs of modern enterprises, Check Point provides both API Discovery and protection for known attacks as well as pre-emptive protection countering future attacks."
Read a complimentary copy of the GigaOm Radar for Application and API Security (AAS) here.
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About Check Point Software Technologies Ltd.
Check Point Software Technologies Ltd. (www.checkpoint.com) is a leading AI-powered, cloud-delivered cyber security platform provider protecting over 100,000 organizations worldwide. Check Point leverages the power of AI everywhere to enhance cyber security efficiency and accuracy through its Infinity Platform, with industry-leading catch rates enabling proactive threat anticipation and smarter, faster response times. The comprehensive platform includes cloud-delivered technologies consisting of Check Point Harmony to secure the workspace, Check Point CloudGuard to secure the cloud, Check Point Quantum to secure the network, and Check Point Infinity Core Services for collaborative security operations and services.
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