Datadog Launches Cloud and Application Security Capabilities Covering Development and Production Environments
Datadog (NASDAQ: DDOG) has announced new security products, including Agentless Scanning, Data Security, and Code Security. These tools aim to support DevOps and security teams in securing their code and cloud environments. The new features include:
1. Agentless Scanning: Automatically discovers and monitors cloud resources for vulnerabilities.
2. Data Security: Helps classify and discover sensitive data risks in Amazon S3 buckets.
3. Code Security: Detects and prioritizes code vulnerabilities at runtime, achieving 100% accuracy in the OWASP Benchmark.
These capabilities are now available in beta, enhancing Datadog’s unified platform to help over 6,000 customers improve their security posture.
- New security capabilities in beta: Agentless Scanning, Data Security, and Code Security.
- Agentless Scanning offers automatic discovery and monitoring of vulnerabilities in cloud resources.
- Code Security achieved 100% accuracy in OWASP Benchmark, enhancing vulnerability detection.
- Over 6,000 customers leveraging Datadog’s security products to improve security posture.
- None.
Insights
Datadog's launch of new cloud and application security capabilities is a significant move in the context of the evolving cybersecurity landscape. These additions—Agentless Scanning, Data Security and Code Security—are designed to enhance the scope of protection across the entire development and production environment. From an innovation and technology perspective, this positions Datadog as a proactive player in providing comprehensive security solutions, particularly in cloud-native environments.
The Agentless Scanning feature is noteworthy as it simplifies the process of detecting vulnerabilities. Traditional agent-based approaches can be resource-intensive and complex to manage, whereas an agentless approach offers a streamlined, less intrusive alternative. This can lead to reduced operational overhead and quicker deployment times for security monitoring. It also ensures constant vigilance, which is critical in identifying and mitigating vulnerabilities promptly.
The new Data Security capability focuses on the protection of sensitive data in cloud storage, such as Amazon S3 buckets. This feature addresses a common pain point among cloud users—misconfigurations—which are often exploited in data breaches. By automatically classifying and discovering at-risk data, this tool aids in prioritizing remedial actions, thereby reducing the potential exposure of sensitive information.
Code Security (IAST), with its 100% accuracy in the OWASP Benchmark, is another critical addition. This tool offers real-time detection of code vulnerabilities during runtime, which is important for maintaining the integrity and security of applications. By providing suggested remediation steps, it not only identifies issues but also facilitates their resolution, thus supporting a more secure development lifecycle.
In summary, these enhancements augment Datadog's capability to offer a holistic security solution, addressing risks from development through to production. For retail investors, understanding the innovation behind these features and their practical applications can underscore Datadog's potential for growth and resilience in the cybersecurity market.
Datadog's expansion of its security product suite is a strategic move that could positively influence its market position and financial performance. The introduction of comprehensive security capabilities aligns with the growing demand for robust cybersecurity solutions as organizations increasingly adopt cloud technologies. This alignment with market trends is important for Datadog to retain and attract customers, as well as to expand its market share.
The cloud security market is expected to grow significantly in the coming years, driven by the need for efficient, integrated security solutions. Datadog's new features, such as Agentless Scanning and Code Security, cater to these evolving needs by offering ease of use and comprehensive coverage. This positions Datadog favorably against competitors who may offer fragmented or less integrated solutions.
From a financial perspective, these new capabilities could lead to increased customer retention and acquisition, driving revenue growth. Enhancing the security product suite makes Datadog’s offerings more attractive to enterprises that prioritize security, potentially leading to an upsell of these premium services. The move also indicates a commitment to continuous improvement and innovation, which can enhance investor confidence.
However, it's important for investors to consider the potential short-term costs associated with the development and rollout of these new features. There may be increased R&D expenses and potential challenges in integrating these capabilities seamlessly into existing customer environments. Nonetheless, if successfully implemented, the long-term benefits are likely to outweigh these initial costs, providing a strong foundation for sustained growth.
In conclusion, these enhancements are a positive development in Datadog's strategy to strengthen its market position and drive future growth. Investors should monitor the adoption rate of these new features and their impact on customer satisfaction and retention.
New capabilities include agentless vulnerability scanning, discovery of data security risks in cloud resources and detection of code vulnerabilities during runtime
As customers continue to adopt cloud-native technologies and practices, complex cloud environments and agile DevOps practices result in expanding risk across organizations' technology stacks. To ensure that DevOps and security teams can effectively detect, investigate and fix security issues, it is essential for them to gain comprehensive, up-to-date and shared visibility over their applications and cloud resources, including the data they store. Moreover, they need the right context in order to prioritize hundreds-to-thousands of signals effectively, and address their most critical risks and threats as a priority.
To help with with these challenges, Datadog announced the following capabilities that are now available in beta:
- Agentless Scanning: With Agentless Scanning, Datadog's Cloud Security Management enables security teams to set up monitoring for vulnerabilities within their hosts, containers and serverless functions in minutes. Datadog Agentless Scanning automatically discovers all cloud resources and monitors the environments continuously for changes and new vulnerabilities. Agentless Scanning complements the Datadog Agent, which provides deep visibility into active threats and real-time observability context for more effective prioritization of security issues.
- Data Security: Data Security helps teams easily classify and discover sensitive data that is at risk of being leaked in Amazon S3 buckets. Security teams can then use that information to prioritize misconfigurations and fixes in cloud environments.
- Code Security (IAST): A unique, production-ready Interactive Applications Security Testing (IAST) solution which achieved
100% accuracy in OWASP Benchmark, Code Security detects and prioritizes application code vulnerabilities at runtime and also provides suggested remediation steps to include line of code. This new capability complements Datadog's Software Composition Analysis, connecting runtime third-party risks to development environments in order to help customers prioritize critical fixes.
Traditional security solutions can be disjointed, making it difficult for DevOps and security stakeholders to manage and build the common context needed to take action," said Vikram Varakantam, Senior Director of Product at Datadog. "Datadog provides a unified platform that brings security and DevOps teams together and uses observability data from Datadog Infrastructure Monitoring and APM to help them understand, prioritize and act on their most critical risks. This comprehensive approach enables more than 6,000 unique customers leveraging one or more Datadog Security products to collaborate efficiently and strengthen their security posture at every step of the software lifecycle."
Agentless Scanning, Data Security and Code Security are now available in beta. Learn more about Datadog's full suite of security capabilities, including Cloud Security Management, Application Security Management, Software Composition Analysis and Cloud SIEM.
About Datadog
Datadog is the observability and security platform for cloud applications. Our SaaS platform integrates and automates infrastructure monitoring, application performance monitoring, log management, user experience monitoring, cloud security and many other capabilities to provide unified, real-time observability and security for our customers' entire technology stack. Datadog is used by organizations of all sizes and across a wide range of industries to enable digital transformation and cloud migration, drive collaboration among development, operations, security and business teams, accelerate time to market for applications, reduce time to problem resolution, secure applications and infrastructure, understand user behavior and track key business metrics.
Forward-Looking Statements
This press release may include certain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, or the Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended including statements on the benefits of new products and features. These forward-looking statements reflect our current views about our plans, intentions, expectations, strategies and prospects, which are based on the information currently available to us and on assumptions we have made. Actual results may differ materially from those described in the forward-looking statements and are subject to a variety of assumptions, uncertainties, risks and factors that are beyond our control, including those risks detailed under the caption "Risk Factors" and elsewhere in our Securities and Exchange Commission filings and reports, including the Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 7, 2023, as well as future filings and reports by us. Except as required by law, we undertake no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events, changes in expectations or otherwise.
Contact
Dan Haggerty
press@datadoghq.com
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SOURCE Datadog, Inc.
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