Check Point Software is a Leader in GigaOm Cloud Radar: Paving the Way in Cloud Security Innovation, Delivering Advanced Threat Prevention and Scalability

Rhea-AI Summary

Check Point Software (NASDAQ: CHKP) has been named a Leader and Fast Mover in GigaOm's latest Radar Report for Cloud-Native Application Protection Platforms (CNAPPs). The company's CloudGuard solution received top scores (5/5) in multiple features, standing out among 17 leading CNAPP solutions. The platform excels in advanced threat prevention, offering AI-generated remediation suggestions and real-time API security. According to Check Point's 2024 Cloud Security Report, 96% of respondents expressed concerns about managing emerging cloud risks. CloudGuard provides comprehensive protection across multi-cloud environments, featuring scalable security, seamless code security, and integration with DevOps processes.

Positive

• Achieved Leader and Fast Mover status in GigaOm CNAPP Radar Report
• Received perfect scores (5/5) in multiple feature categories
• Offers AI-powered remediation capabilities
• Provides comprehensive multi-cloud environment protection

Negative

• None.

Insights

Tech Security Analyst

CloudGuard's recognition as a Leader in GigaOm's CNAPP report demonstrates Check Point's strong market positioning in cloud security. The platform's perfect 5/5 score in multiple features and emphasis on prevention rather than just detection sets it apart in an increasingly competitive market.

The integration capabilities with DevOps processes and AI-powered remediation are particularly noteworthy as enterprises accelerate cloud adoption. The statistic that 96% of organizations are concerned about cloud risk management reveals a significant market opportunity. CloudGuard's multi-layered approach and seamless integration with the Infinity Platform creates a compelling value proposition for enterprises seeking comprehensive cloud security solutions.

While this recognition strengthens Check Point's market position, the real value lies in the platform's ability to address critical pain points in cloud security automation and real-time threat detection, which are essential for maintaining competitive advantage in the cybersecurity market.

Check Point's CloudGuard shines in latest GigaOm CNAPP Radar Report, with superior performance across key cloud security features

REDWOOD CITY, Calif., Nov. 21, 2024 (GLOBE NEWSWIRE) -- Check Point Software Technologies Ltd. (NASDAQ: CHKP), a pioneer and global leader of cyber security solutions, has been recognized as a Leader and Fast Mover in the latest GigaOm Radar Report for Cloud-Native Application Protection Platforms (CNAPPs). In its assessment of 17 leading CNAPP solutions, GigaOm identifies Check Point as a Leader in the Innovation and Platform Play quadrant of the Radar, highlighting its strong focus on prevention and a cohesive strategy for cloud security.

According to GigaOm, Cloud-native application protection platforms (CNAPPs) represent a combination of technologies that solve the complex security problems faced by modern cloud-native environments. GigaOm analyst Chris Ray notes, “Check Point CloudGuard scored 5/5 on a number of features. The solution’s comprehensive approach makes it valuable for securing cloud-native applications, managing cloud misconfigurations, and protecting against advanced threats in cloud environments. Its ability to integrate with DevOps processes makes it useful for organizations adopting DevSecOps practices.”

Check Point CloudGuard delivers robust, all-encompassing cloud security, emphasizing automation and real-time threat detection. As a component of the Infinity Platform, CloudGuard seamlessly integrates with other Check Point solutions, providing a multi-layered, collaborative and cohesive security strategy. As enterprises accelerate their transition to the cloud, they need security solutions that protect across various multi-cloud environments, offering automated protection against new and evolving threats. Alarmingly, Check Point’s 2024 Cloud Security Report revealed that 96% of respondents were worried about managing emerging cloud risks effectively, underscoring a significant change in perception from prior years.

"With another accolade for our cloud security portfolio, we are proud that CloudGuard is recognized as a frontrunner and definitive Leader in GigaOm's CNAPP Radar report,” said Paul Barbosa, VP of Cloud Security at Check Point Software Technologies. “Our leadership in this space highlights how CloudGuard enables organizations to innovate confidently, knowing they have comprehensive and scalable protection that adapts to their evolving needs.”

GigaOm’s evaluation highlighted several notable features, including:

• Scalable Cloud Security: GigaOm emphasizes CloudGuard's collaborative scalability across admin count, detection and response, and policy enforcement, ensuring effective support for complex, growing cloud environments
  
  
• Advanced Threat Detection and Prevention: Provides AI-generated remediation suggestions, including patches that can fix multiple vulnerabilities at once, increasing time-to-remediation efficiency
  
  
• Real-time API Security: GigaOm highlights that CloudGuard excels in API security by continuously discovering APIs, applying targeted vulnerability and compliance tests, and providing real-time monitoring with behavior analysis to detect malicious activity
  
  
• Seamless Code Security: Ensures that vulnerabilities are detected as early as the developer's environment before code enters the CI/CD pipeline, reducing the risk of deploying vulnerable code
  

Read a complimentary copy of the GigaOm Radar for Cloud-Native Application Protection Platforms (CNAPPs) 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 Platform Services for collaborative security operations and services.

Legal Notice Regarding Forward-Looking Statements
This press release contains forward-looking statements. Forward-looking statements generally relate to future events or our future financial or operating performance. Forward-looking statements in this press release include, but are not limited to, statements related to our expectations regarding future growth, the expansion of Check Point’s industry leadership, the enhancement of shareholder value and the delivery of an industry-leading cyber security platform to customers worldwide. Our expectations and beliefs regarding these matters may not materialize, and actual results or events in the future are subject to risks and uncertainties that could cause actual results or events to differ materially from those projected. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in our filings with the Securities and Exchange Commission, including our Annual Report on Form 20-F filed with the Securities and Exchange Commission on April 2, 2024. The forward-looking statements in this press release are based on information available to Check Point as of the date hereof, and Check Point disclaims any obligation to update any forward-looking statements, except as required by law.

MEDIA CONTACT: Ana Perez Check Point Software Technologies press@checkpoint.com		INVESTOR CONTACT: Kip E. Meintzer Check Point Software Technologies ir@checkpoint.com

FAQ

What recognition did Check Point Software (CHKP) receive in the GigaOm Radar Report?

Check Point Software was recognized as a Leader and Fast Mover in the GigaOm Radar Report for Cloud-Native Application Protection Platforms (CNAPPs), specifically in the Innovation and Platform Play quadrant.

What are the key features of Check Point's (CHKP) CloudGuard platform?

CloudGuard offers scalable cloud security, AI-generated remediation suggestions, real-time API security with continuous discovery, and seamless code security that detects vulnerabilities in the developer's environment.

What percentage of respondents were concerned about cloud risks according to Check Point's (CHKP) 2024 Cloud Security Report?

According to Check Point's 2024 Cloud Security Report, 96% of respondents expressed concerns about managing emerging cloud risks effectively.