CrowdStrike and Cloudflare Announce Expanded Strategic Partnership to Secure Networks and Power the AI-Native SOC
CrowdStrike and Cloudflare (NYSE: NET) announced an expanded strategic partnership aimed at enhancing cybersecurity from device to network. This alliance integrates Cloudflare's Zero Trust protection from Cloudflare One™ with CrowdStrike Falcon®'s AI-native cybersecurity platform. The collaboration aims to simplify vendor management, reduce costs, and operational complexity for global customers. This partnership targets the increasing sophistication of cyber threats, providing a robust, holistic security approach for organizations. The integration offers a single API for seamless security management, enhancing threat detection and response across endpoints, cloud, identity, data, and applications.
- Expanded partnership between CrowdStrike and Cloudflare enhances security from device to network.
- Combines Cloudflare's Zero Trust protection with CrowdStrike Falcon®'s AI-native cybersecurity platform.
- Aims to simplify vendor management and reduce operational complexity.
- Provides a single API for seamless security management.
- Enhances threat detection and response capabilities across various vectors.
- Offers a robust, holistic security approach for organizations facing sophisticated cyber threats.
- No specific financial gains or cost savings reported in the PR.
- The complexity of integration may pose challenges for some organizations.
- Potential reliance on a single partnership could be a risk if future technological needs change.
Insights
The expanded partnership between CrowdStrike and Cloudflare brings together two powerful platforms that can significantly enhance cybersecurity measures for organizations. This collaboration is particularly relevant in the current climate where cyber threats are becoming more sophisticated and frequent. By combining Cloudflare’s Zero Trust protection with CrowdStrike’s AI-native cybersecurity, the solution addresses a critical need for seamless and integrated security across various domains such as cloud, identity and endpoints.
For retail investors, this partnership signals a strategic move to consolidate cybersecurity vendors, potentially lowering costs and operational complexity for customers. This can drive wider adoption of the combined services, expanding the customer base and increasing revenue streams for both companies.
However, the success of this partnership will depend on the execution and the actual integration of the platforms. Investors should monitor the initial traction and customer feedback to gauge the effectiveness of this collaboration.
From a market perspective, the partnership between CrowdStrike and Cloudflare is a strategic response to the fragmented cybersecurity landscape. The integration of their platforms aims to address the complexity that organizations face when dealing with multiple security tools. This move can make their offerings more appealing to enterprises looking for streamlined, comprehensive solutions.
Given the growing reliance on cloud services and remote work, the demand for robust cybersecurity solutions is expected to rise. This partnership positions both companies well to capture a larger share of the cybersecurity market. Moreover, the focus on AI-native solutions and Zero Trust protection aligns with the latest trends in the cybersecurity industry, which emphasize proactive and adaptive security measures.
Investors should consider the potential for market share growth and increased revenue as the partnership capitalizes on these trends.
New alliance combines best-of-breed platforms, accelerating partners’ ability to drive vendor consolidation by securing the network and stopping breaches across device endpoints, cloud, identity, data, and applications
Today’s adversaries are moving faster than ever across growing threat vectors. Organizations are attempting to manage an array of cybersecurity tools and alerts, and as a result are facing complex, if not already compromised, internal networks. According to Gartner®, “The challenge is intensified by the growing arsenal of security tools designed to address individual security threats in isolation. This drives up the complexity of evaluating, managing and integrating these tools as part of a coherent security strategy.”1 It’s critical for organizations across all sectors to have an AI-powered cybersecurity platform that connects remote users, offices, and data centers to converge data, security, and IT, with workflow automation to stop adversaries from moving laterally and further into systems.
CrowdStrike and Cloudflare are leveraging channel partnerships to deliver a fully integrated solution to global customers from a single API. The powerful combination of cybersecurity from the Falcon platform with Zero Trust protection from Cloudflare delivers the full-scope capabilities SOC teams need to detect and respond to attacks across network, devices, endpoints, cloud, identity, data, and applications.
“CrowdStrike revolutionized cybersecurity with a modern, AI-native platform focused on stopping the breach. Our ability to execute on this mission and continually innovate across critical areas of enterprise risk is why we’re recognized as cybersecurity’s born in the cloud leader by industry analysts and customers,” said Daniel Bernard, Chief Business Officer at CrowdStrike. “The rich dataset from our Falcon platform paired with Cloudflare’s robust Zero Trust capabilities provides unprecedented value for global customers. Together, we are converging two of the most critical pieces of the risk management puzzle that organizations of every size must address in order to combat today’s growing threats.”
“It’s becoming too complex for enterprises to effectively and efficiently manage risk posture with today’s expanding threat landscape. There is a significant need for organizations to enforce holistic and robust protections across their networks as attack vectors are only growing in size and sophistication,” said Grant Bourzikas, Chief Security Officer at Cloudflare. “We have already seen organizations simultaneously adopting both Cloudflare and CrowdStrike; now, this partnership makes it simple for customers to reap the benefits of the industry’s leading cybersecurity providers, to enforce best-of-breed security across organizations.”
Combining Cloudflare’s connectivity cloud and infrastructure network, one of the largest and most interconnected in the world — alongside CrowdStrike’s market-leading cybersecurity platform — organizations can now easily achieve visibility into risk signals and stop breaches. For more information on the CrowdStrike + Cloudflare partnership, visit this page.
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.
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© 2024 CrowdStrike, Inc. All rights reserved. CrowdStrike, the falcon logo, CrowdStrike Falcon and CrowdStrike Threat Graph are marks owned by CrowdStrike, Inc. and registered with the United States Patent and Trademark Office, and in other countries. CrowdStrike owns other trademarks and service marks, and may use the brands of third parties to identify their products and services.
About Cloudflare
Cloudflare, Inc. (NYSE: NET) is the leading connectivity cloud company on a mission to help build a better Internet. It empowers organizations to make their employees, applications and networks faster and more secure everywhere, while reducing complexity and cost. Cloudflare’s connectivity cloud delivers the most full-featured, unified platform of cloud-native products and developer tools, so any organization can gain the control they need to work, develop, and accelerate their business.
Powered by one of the world’s largest and most interconnected networks, Cloudflare blocks billions of threats online for its customers every day. It is trusted by millions of organizations – from the largest brands to entrepreneurs and small businesses to nonprofits, humanitarian groups, and governments across the globe.
Learn more about Cloudflare’s connectivity cloud at cloudflare.com/connectivity-cloud. Learn more about the latest Internet trends and insights at radar.cloudflare.com.
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Cloudflare, the Cloudflare logo, and other Cloudflare marks are trademarks and/or registered trademarks of Cloudflare, Inc. in the
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which statements involve substantial risks and uncertainties. In some cases, you can identify forward-looking statements because they contain words such as “may,” “will,” “should,” “expect,” “explore,” “plan,” “anticipate,” “could,” “intend,” “target,” “project,” “contemplate,” “believe,” “estimate,” “predict,” “potential,” or “continue,” or the negative of these words, or other similar terms or expressions that concern Cloudflare’s expectations, strategy, plans, or intentions. However, not all forward-looking statements contain these identifying words. Forward-looking statements expressed or implied in this press release include, but are not limited to, statements regarding the capabilities and effectiveness of the Cloudflare One suite of Zero Trust solutions and Cloudflare’s other products and technology, the potential benefits to Cloudflare’s customers from using the Cloudflare One suite of Zero Trust solutions and Cloudflare’s other products and technology, Cloudflare’s partnership with CrowdStrike, Inc. and the potential resulting benefits to Cloudflare customers, the potential benefits to customers of integrating Cloudflare and CrowdStrike, Inc. products, the potential opportunity for Cloudflare to attract additional customers and to expand sales to existing customers through Cloudflare’s partnership and product integrations with CrowdStrike, Inc., Cloudflare’s technological development, future operations, growth, initiatives, or strategies, and comments made by Cloudflare’s Chief Security Officer, CrowdStrike’s Chief Business Officer and others. Actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including but not limited to, risks detailed in Cloudflare’s filings with the Securities and Exchange Commission (SEC), including Cloudflare’s Quarterly Report on Form 10-Q filed on May 2, 2024, as well as other filings that Cloudflare may make from time to time with the SEC.
The forward-looking statements made in this press release relate only to events as of the date on which the statements are made. Cloudflare undertakes no obligation to update any forward-looking statements made in this press release to reflect events or circumstances after the date of this press release or to reflect new information or the occurrence of unanticipated events, except as required by law. Cloudflare may not actually achieve the plans, intentions, or expectations disclosed in Cloudflare’s forward-looking statements, and you should not place undue reliance on Cloudflare’s forward-looking statements.
© 2024 Cloudflare, Inc. All rights reserved. Cloudflare, the Cloudflare logo, and other Cloudflare marks are trademarks and/or registered trademarks of Cloudflare, Inc. in the
1 Source: Securing Hybrid Work: Adopting the Right Workspace Security Strategy, Gartner, Evgeny Mirolyubov, Peter Firstbrook, Chris Silva, 21 May 2024
View source version on businesswire.com: https://www.businesswire.com/news/home/20240530236522/en/
CrowdStrike, Inc.
press@crowdstrike.com
Cloudflare, Inc.
press@cloudflare.com
Cloudflare, Inc.
Daniella Vallurupalli
Vice President, Head of Global Communications
press@cloudflare.com
Source: Cloudflare, Inc.
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