CrowdStrike Named a Leader in the 2024 GigaOm Radar Report for Cloud-Native Application Protection Platforms

Rhea-AI Summary

CrowdStrike has been named a Leader in the 2024 GigaOm Radar Report for Cloud-Native Application Protection Platforms (CNAPPs), achieving perfect 5/5 scores in key areas including API Security, Security Automation, Threat Hunting, Scalability, Cost, and Compliance. The company's Falcon® Cloud Security platform provides comprehensive protection for cloud infrastructure, applications, data, and AI models through a unified platform. This recognition comes as cloud exploitation cases increased by 110% over the past year. The platform differentiates itself through consolidated code-to-cloud protection, advanced runtime protection, and complete hybrid cloud security capabilities.

Positive

• Perfect 5/5 scores in critical functionality areas of the GigaOm Radar Report
• Unified platform architecture reducing complexity and costs through point product consolidation
• Advanced runtime protection integrated with EDR and Identity Protection capabilities
• Comprehensive coverage across both cloud and on-premises environments

Negative

• None.

Insights

Technology Security Analyst

This GigaOm recognition highlights CrowdStrike's strengthening position in the important cloud security market, particularly noteworthy given the 110% surge in cloud exploitation cases. The perfect scores in key areas like API Security and Threat Hunting demonstrate significant competitive advantages in a rapidly growing market segment.

The unified platform approach addresses a critical pain point in enterprise cloud security by eliminating the need for multiple point solutions. This consolidation strategy not only enhances security effectiveness but also presents substantial cost-saving opportunities for enterprises, potentially driving increased adoption and customer retention.

The hybrid cloud security capabilities are particularly valuable as organizations continue to operate in mixed environments, creating a compelling differentiation against cloud-only security providers. This positions CrowdStrike favorably for enterprise-wide deployments, especially in sectors with strict compliance requirements.

CrowdStrike Falcon® Cloud Security earns perfect scores in API Security, Automation, Threat Hunting, Scalability, Cost, and Compliance

AUSTIN, Texas--(BUSINESS WIRE)-- CrowdStrike (NASDAQ: CRWD) today announced it has been named a Leader in the 2024 GigaOm Radar Report for Cloud-Native Application Protection Platforms (CNAPPs). The report recognizes CrowdStrike Falcon® Cloud Security’s innovation and performance, earning perfect 5/5 scores in critical functionality areas including API Security, Security Automation and Orchestration, Threat Hunting and Anomaly Detection, Scalability, Cost, and Compliance.

According to the CrowdStrike 2024 Global Threat Report, cloud exploitation cases surged by 110% over the past year, with adversaries becoming increasingly focused and persistent. Stopping cloud breaches requires a modern CNAPP that delivers comprehensive visibility and protection across every attack path. CrowdStrike is the only platform that protects the entire modern cloud estate—infrastructure, applications, data and AI models—from a single, unified platform, so organizations can easily consolidate point products, reduce complexity and stop cloud breaches.

CrowdStrike Falcon Cloud Security is differentiated from point cloud security tools in the market in the following areas:

• Consolidated Code to Cloud Protection: With unified visibility and protection in a single-agent and agentless platform architecture, CrowdStrike eliminates security gaps and stops cloud breaches without making customers manage different cloud security point products. Customers can consolidate the disjointed point products across their entire cloud estate to reduce overall costs and eliminate complexity.
• Built to Stop Breaches: Many CNAPPs are thinly veiled CSPMs, built as cloud vulnerability management tools lacking capabilities to stop cloud breaches. CrowdStrike stops threats in real-time with advanced runtime protection delivered from the same unified agent as CrowdStrike’s best-in-class EDR and Identity Protection. Leveraging world-class managed threat hunting and intelligence, CrowdStrike sets the standard for cloud detection and response (CDR) as a native part of the most comprehensive cloud security platform, built to stop the breach.
• Complete Hybrid Cloud Security: With most organizations operating a hybrid architecture, CrowdStrike provides unified protection across cloud and on-prem environments through a single sensor. This ensures full visibility and security coverage, including cloud-native technologies like ASPM, which work seamlessly across both cloud and on-prem applications. CrowdStrike stops attackers as they move between environments, eliminating gaps and simplifying hybrid cloud security.

“Cloud security is at a critical inflection point—adversaries are more relentless than ever, leveraging stolen identity credentials to exploit cloud environments as a preferred attack vector. Traditional approaches and point cloud security tools are not sufficient to provide the visibility and protection needed to stop cloud breaches,” said Raj Rajamani, head of products, CrowdStrike. “At CrowdStrike, we are redefining what’s possible in cloud security. Being recognized as a Leader by GigaOm underscores our relentless innovation and leadership in the market. Falcon Cloud Security goes beyond visibility—it provides automated intelligence, threat hunting, protection and scalability, empowering organizations to not only detect cloud issues but also stop breaches in real time, outpace adversaries, and confidently secure their cloud environments for the future.”

According to Chris Ray, Principal Analyst at GigaOm: “Falcon Cloud Security received a 5/5 in several areas, most notably in API security. This high score is attributed to its ability to positively identify APIs used by applications in client clouds, as well as analyze upstream and downstream communication among applications and services to understand risks.” He added: “The solution also stands out in scalability, leveraging a cloud-native architecture claimed to handle trillions of events per day while also supporting smaller deployments of less than 100 assets…The solution’s comprehensive approach makes [Falcon Cloud Security] valuable for securing cloud-native applications, managing cloud misconfigurations, and protecting against advanced threats in cloud environments.”

For more information on the GigaOm Radar Report for Cloud-Native Application Protection Platforms (CNAPPs), please visit our website.

About CrowdStrike

CrowdStrike (Nasdaq: CRWD), a global cybersecurity leader, has redefined modern security with the world’s most advanced cloud-native platform 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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© 2024 CrowdStrike, Inc. All rights reserved. CrowdStrike and CrowdStrike Falcon are marks owned by CrowdStrike, Inc. and are registered in the United States and 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/20241101129907/en/

Jake Schuster

CrowdStrike Corporate Communications

press@crowdstrike.com

Source: CrowdStrike

FAQ

What recognition did CrowdStrike (CRWD) receive in the 2024 GigaOm Radar Report?

CrowdStrike was named a Leader in the 2024 GigaOm Radar Report for Cloud-Native Application Protection Platforms (CNAPPs), receiving perfect 5/5 scores in API Security, Automation, Threat Hunting, Scalability, Cost, and Compliance.

How much did cloud exploitation cases increase according to CrowdStrike's (CRWD) 2024 Global Threat Report?

According to CrowdStrike's 2024 Global Threat Report, cloud exploitation cases surged by 110% over the past year.

What are the key differentiators of CrowdStrike's (CRWD) Falcon Cloud Security platform?

The key differentiators are consolidated code-to-cloud protection with a single-agent architecture, advanced runtime protection with EDR and Identity Protection integration, and complete hybrid cloud security across cloud and on-premises environments.