With A Robust Security Platform, Check Point Software Technologies Stands Out as A Leader and Innovator in Cloud Native Security
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Insights
The recognition of Check Point's CloudGuard by Frost & Sullivan as a leading solution in cloud native security is a significant endorsement of the company's innovation and market position. As organizations increasingly migrate to cloud environments, the demand for robust cloud security solutions like Cloud Native Application Protection Platforms (CNAPP) and Cloud Workload Protection Platforms (CWPP) has surged. Check Point's comprehensive approach, covering the full spectrum of cloud application lifecycle and workloads, positions it well to capitalize on this growing market need.
CloudGuard's integration with Amazon Macie & Microsoft Purview illustrates Check Point's strategy to enhance Data Security Posture Management (DSPM) and Effective Risk Management. These integrations are critical in a landscape where data breaches and compliance with privacy regulations are top concerns for enterprises. By offering advanced features like attack path analysis and actionable remediation guidance, Check Point is not only addressing current security challenges but also anticipating future risks, potentially leading to increased customer loyalty and market share.
The acknowledgment of Check Point Software Technologies by Frost & Sullivan underscores the company's potential for sustained growth in the cybersecurity sector. As a Leader and Innovator in Cloud Security, Check Point is likely to experience increased investor confidence, which could positively impact its stock performance. The emphasis on a prevention-first strategy and ongoing product innovation are key differentiators that may attract new customers and retain existing ones.
Furthermore, the focus on CNAPP and CWPP solutions is timely, given the accelerated digital transformation and cloud adoption across industries. Check Point's strategic positioning in these areas may lead to an expansion of their customer base, including large enterprises and government entities that require high levels of security for their cloud infrastructures. This expansion could translate into steady revenue streams and potentially enhanced shareholder value over time.
From an investment perspective, Check Point's leadership status in cloud security, as recognized by Frost & Sullivan, represents a strong competitive advantage. The company's commitment to innovation and its comprehensive security solutions are likely to attract strategic partnerships and could serve as a catalyst for future mergers and acquisitions within the cybersecurity industry.
Check Point's advancements in DSPM and risk management capabilities are particularly noteworthy, as they address the increasing complexity of cloud environments and the sophistication of cyber threats. Investors should monitor how these advancements translate into financial performance, especially in terms of recurring revenue from subscription-based models. Moreover, the company's ability to integrate with major cloud service providers like Amazon Web Services and Microsoft Azure can be seen as a move to embed Check Point's offerings into the broader cloud ecosystem, potentially leading to a more resilient and diversified revenue structure.
Check Point CloudGuard recognized as a leading cloud native security platform by Frost & Sullivan, with new reports ranking it at the forefront
SAN CARLOS, Calif., Jan. 10, 2024 (GLOBE NEWSWIRE) -- Check Point® Software Technologies Ltd. (NASDAQ: CHKP), a leading provider of cyber security solutions globally, has been acknowledged by analyst firm Frost & Sullivan as a Leader and Innovator in Cloud Security. For more than three decades, Check Point has led the charge in providing secure internet access to organizations of all sizes. The latest Frost Radar™ Cloud-Native Application Protection Platforms and Frost Radar™ Cloud Workload Protection Platforms leadership awards showcase the company's commitment to providing prevention-first security solutions for cloud environments.
“Our steadfast commitment to adopting a prevention-first strategy for our customers has played a pivotal role in our achievements across Check Point's cloud platform. We are proud to be recognized as a leader and innovator in the cloud security industry by Frost & Sullivan,” said Itai Greenberg, Chief Strategy Officer at Check Point. “With our comprehensive CNAPP capabilities, we remain optimistic that we will continue to deliver best-in-class security solutions in an ever-changing threat landscape for many years to come.”
According to Frost & Sullivan in its 2023 Cloud-Native Application Protection Platforms radar report, Check Point demonstrates strong innovation capabilities in the Cloud Native Application Protection Platform (CNAPP) field and is one of the few vendors that provide a comprehensive CNAPP platform featuring all critical capabilities across the cloud application lifecycle. Frost & Sullivan highlight CloudGuard CNAPP’s unified platform that provides automated security to protect customers’ data, cloud assets, applications, networks, and workloads.
Cloud Workload Protection platforms or CWPP are at the heart of cloud native security. The Frost Radar™ Cloud Workload Protection Platforms 2023 radar report notes that Check Point exhibits strong innovation capabilities in the CWPP and cloud security fields. Frost & Sullivan recognizes CloudGuard for “providing comprehensive security for cloud assets, networks, applications, and workloads across multiple public and private cloud environments.”
As Check Point continues to innovate, Frost & Sullivan note recent advancements, including the new Amazon Macie & Microsoft Purview Integrations with two powerful security capabilities that include Data Security Posture Management (DSPM) and Effective Risk Management, which are designed to provide greater control and security in the cloud environment. “These advances and the product roadmap showcase the company’s strong innovation capabilities and commitment to cloud-native security,” said Anh Tien Vu, analyst at Frost & Sullivan.
- Data Security and Privacy Management (DSPM): Protects sensitive data, by identifying which workloads contain the sensitive data, assessing their security posture and updating cloud environment risks accordingly to help you stay focused on the highest priority issues.
- Effective Risk Management: Prioritizes risks and provides actionable remediation guidance based on the full context of the workload posture, network exposure, identity permissions, attack path analysis and the application business value—helping you to act fast and reduce the attack surface.
To view a copy of the Frost Radar™ Cloud-Native Application Protection Platforms click here. For a copy of Frost Radar™ Cloud Workload Protection Platforms visit.
For more details on Check Point CloudGuard CNAPP visit: https://www.checkpoint.com/cloudguard/cnapp/
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About Check Point Software Technologies Ltd.
Check Point Software Technologies Ltd. (https://www.checkpoint.com/) is a leading provider of cyber security solutions to corporate enterprises and governments globally. Check Point Infinity´s portfolio of solutions protects enterprises and public organisations from 5th generation cyber-attacks with an industry leading catch rate of malware, ransomware and other threats. Infinity comprises four core pillars delivering uncompromised security and generation V threat prevention across enterprise environments: Check Point Harmony, for remote users; Check Point CloudGuard, to automatically secure clouds; and Check Point Quantum, to protect network perimeters and datacenters, all controlled by the industry’s most comprehensive, intuitive unified security management; Check Point Horizon, a prevention-first security operations suite. Check Point protects over 100,000 organizations of all sizes.
| MEDIA CONTACT: Ana Perez Check Point Software Technologies press@us.checkpoint.com | INVESTOR CONTACT: Kip E. Meintzer Check Point Software Technologies ir@us.checkpoint.com |
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