Proofpoint Commended by Frost & Sullivan for Leading the Australian Market with Pioneering Email Security Innovations

Rhea-AI Summary

Proofpoint has been awarded the 2020 Australia Email Security Vendor of the Year by Frost & Sullivan, reflecting its significant market presence with a 26.1% share in Australia. The company is recognized for its integrated email security solutions, emphasizing a people-centric approach and cloud-based services. Proofpoint's agility in integrating features such as data loss prevention and its partnerships with technology providers like Crowdstrike and Okta enhance its flexibility and scalability, positioning it well for future market demands.

Positive

• Awarded 2020 Australia Email Security Vendor of the Year by Frost & Sullivan.
• Captured 26.1% market share in the Australian email security market.
• Strong focus on integrated, cloud-based email security solutions.
• Partnerships with technology providers enhance service offerings.

Negative

• None.

Expansive functions and interoperability with third-party systems deliver flexibility and scalability to enterprises of all sizes

SINGAPORE, March 2, 2021 /PRNewswire/ -- Based on its recent analysis of the email security market, Frost & Sullivan recognizes Proofpoint, Inc. with the 2020 Australia Email Security Vendor of the Year Award. Delivering cloud-focused, people-centric, and integrated email security solutions through local channels and regional distributors, the company has captured 26.1 percent of market share in Australia. Its deployment options align with the local market's evolving preference for flexible, hybrid hardware and cloud infrastructure.

"Proofpoint's financial and technological performance has earned the company strong recognition in the Australian email security market. Its full-featured email security suite protects users from all forms of email-borne threats. Proofpoint stands out for its people-centric approach to mitigating one of the most dangerous vectors in any cybersecurity environment," said Lim Qi Yong, an associate in the ICT Practice at Frost & Sullivan. "The company has grown significantly in Australia over the past year due to its superior value proposition and focus on customer service. The company's emphasis on cloud-based services aligns well with future market needs and positions Proofpoint to capture emerging demand."

Central to Proofpoint's industry-leading solutions is the agility to integrate various capabilities with third-party platforms. For instance, demand for data loss prevention (DLP) in email security has been increasing every year as businesses face not only material but financial, reputational, and intellectual property losses from compromised data. Proofpoint addresses this demand with its email DLP feature, which is part of its larger Proofpoint information protection solution. Other features that can be integrated with its email security solutions include Cloud App Security Broker, email isolation, and advanced malware protection. The high level of integration and breadth of capabilities position Proofpoint to address customer demand for flexibility and scalability.

To ensure seamless integration with disparate systems, Proofpoint has partnered with an array of technology providers, notably Crowdstrike for threat intelligence, Okta for security orchestration, and Splunk for SIEM. It is one of the few email security vendors with an email isolation feature that reduces pressure on IT managers by separating email inboxes from the enterprise environment, which eliminates the risk of users opening malicious downloads and attachments. Proofpoint's URL Defense solution  assesses fraudulent URLs and blocks them in real-time whereas its user-centric solution analyzes user behaviors and determines how valuable data is accessed and used.

"Proofpoint's prowess in email security has earned it significant recognition from customers, service providers, and industry associations," noted Yong. "Its comprehensive capabilities provide a nearly unparalleled level of security to enterprise email environments by covering all of the major points of vulnerability inherent in modern email services. Further, it offers customers control over security costs through a pay-as-you-go model, making it a highly valued email security partner in the Australian market."

Each year, Frost & Sullivan presents a Company of the Year award to an organization that demonstrates excellence in growth strategy and implementation in its field. The award recognizes a high degree of innovation among products, technologies, and leadership in terms of customer value and market penetration.

"Being recognised by Frost & Sullivan as the 2020 Australia Email Security Vendor of the Year is a welcomed acknowledgment of our commitment to innovation when it comes to advanced cybersecurity protection for businesses of all sizes", commented Crispin Kerr, Area Vice President, ANZ at Proofpoint. "Our people-centric approach to cybersecurity, combining advanced security technology with awareness training to surface and mitigate risk, offers unparalleled protection against today's increasingly targeted, socially-engineered cyberattacks."

Frost & Sullivan Best Practices awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research to identify best practices in the industry.

About Frost & Sullivan

For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

Contact:

Kala Mani.S.
E: Kala.Manis@frost.com 

About Proofpoint, Inc.

Proofpoint, Inc. (NASDAQ: PFPT) is a leading cybersecurity and compliance company that protects organizations' greatest assets and biggest risks: their people. With an integrated suite of cloud-based solutions, Proofpoint helps companies around the world stop targeted threats, safeguard their data, and make their users more resilient against cyber attacks. Leading organizations of all sizes, including more than half of the Fortune 1000, rely on Proofpoint for people-centric security and compliance solutions that mitigate their most critical risks across email, the cloud, social media, and the web. More information is available at www.proofpoint.com.

Connect with Proofpoint: Twitter | LinkedIn | Facebook | YouTube

Proofpoint is a registered trademark or tradename of Proofpoint, Inc. in the U.S. and/or other countries. All other trademarks contained herein are the property of their respective owners.

 

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SOURCE Frost & Sullivan

FAQ

What recognition did Proofpoint receive in March 2021?

Proofpoint was awarded the 2020 Australia Email Security Vendor of the Year by Frost & Sullivan.

What market share does Proofpoint hold in Australia?

Proofpoint holds a 26.1% market share in the Australian email security market.

How does Proofpoint's email security solution stand out?

Proofpoint's email security solutions are recognized for their integrated features and a people-centric approach.

Which technology providers does Proofpoint partner with?

Proofpoint partners with Crowdstrike, Okta, and Splunk to enhance its email security offerings.