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Tag: Netskope

  • Netskope surpasses $500 million in ARR

    Netskope surpasses $500 million in ARR

    Mumbai  – Netskope has announced significant updates on its business momentum, as global demand for Netskope One, its industry-leading SASE platform, grows at an even faster pace than the broader cybersecurity market.

    Among many notable achievements helping fuel its growth, Netskope’s company accolades and financial milestones to this point include the following:

    ●    Grew customer base to over 3,400 customers worldwide, including 4 of the 5 largest Fortune 500 financial services companies, 4 of the 6 largest Fortune 500 healthcare companies, 4 of the 5 largest Fortune 500 telecommunications companies, and 2 of the 4 largest Fortune 500 retail companies that have adopted Netskope One capabilities

    ●    Surpassed $500 million in annual recurring revenue (ARR) at scale, with growth outpacing the SASE market

    ●    Delivered critical AI capabilities in data and threat protection, safe enablement of generative AI applications, and numerous other areas, with more than 30% of Netskope customers having already fully implemented tools from SkopeAI, the suite of AI and machine learning solutions applied throughout the Netskope One platform

    ●    Recognized by all of the world’s top technology analyst firms for leadership in Security Service Edge (SSE), the security stack that powers SASE, including:

    •        Recognized by Gartner® in the 2024 Magic Quadrant™ for Security Service Edge. Placed both highest in ability to execute and furthest in completeness of vision for the second year in a row
    •        Cited as a Leader in the inaugural Forrester Wave™ report for Security Service Edge Platforms (2024)
    •        Named a Leader in SSE and Zero Trust Network Access (ZTNA) by IDC in 2023 MarketScape reports

    ●    Earned key authorizations and certifications to do business with federal governments and public sector entities around the world, including securing the stringent FedRAMP® High Authorization in the United States, Protected B Certification in Canada, and the Information Security Registered Assessor Program (IRAP) assessment in Australia

    ●    With its proprietary NewEdge infrastructure, became the first technology vendor in the world to deliver a localized SSE experience to 220 different countries and territories, including every non-embargoed United Nations member state

    ●    Developed and has continued to grow numerous successful go-to-market partnerships, including with major global systems integrators and managed services providers such as BT, Deloitte, Orange, Telefónica, Telstra, Wipro, and more, and critical alliance partners such as Amazon Web Services, CrowdStrike, Google, Microsoft, Mimecast, Okta, ServiceNow, and more

    ●    Honored with countless industry awards, including a steady climb up the influential Forbes Cloud 100 list over seven years and counting, and ranked highest (#12) among security and networking companies in the most recent list (2023)

    ●    Demonstrated ongoing commitment to critical environment, social, and governance initiatives, including a Silver Medal in recognition of its sustainability achievement from EcoVadis, the world’s largest and most trusted provider of business sustainability ratings

    ●    Launched Netskope for Good, a companywide program dedicated to supporting humanitarian and environmental sustainability work around the globe

    ●    Recruited top executives from Amazon Web Services, Fortinet, Palo Alto Networks, Verizon and more

  • Vishal Bhadani joins Netskope as channel lead for India

    Vishal Bhadani joins Netskope as channel lead for India

    Mumbai – Netskope has appointed Vishal Bhadani as channel sales director for India. He joins Netskope to manage the company’s existing network of channel partners and distributors in the country, as well as to expand and deepen Netskope’s partnerships, as the company continues to fully rely on channel and alliances to grow its Indian footprint.

    Based in Bangalore, Bhadani is an experienced sales and channel leader with 23 years of experience in enterprise tech, both in India and the Middle-East. He started his career at Sify, before joining Wipro for twelve years, where he held the roles of National Manager of the Enterprise Security business, Regional Head of ITS Business and Operations, and finally Regional Head for System Integration & Maintenance Services sales for the Gulf region. Before joining Netskope, Bhadani spent seven years at Lenovo, most recently as Cyber Security & Software Lead for India, managing sales, and channel and alliances for the practice.

    Working for both major Global System Integrators and OEMs has equipped Bhadani with a holistic view of the industry, and knowledge on establishing and leveraging relationships with diverse stakeholders. Combined with his cybersecurity expertise, his experience and network will help strengthen Netskope’s channel and alliances ecosystem in India, including supporting, training and growing key partners to ultimately improve services to customers and end users.

    “After more than 20 years working with the channel community, I understand the challenges and opportunities that this market presents, and wanted to put this experience to use and continue to contribute to the cybersecurity industry at the same time,” said Bhadani about his choice to join Netskope. “I was looking for a visionary company really shaping the industry, which I believe Netskope is doing as a leader in Security Service Edge and Secure Access Service Edge. This role is the opportunity for me to build and maintain long-term partnerships with players who, like us, believe SSE and SASE are relevant answers to the challenges posed by the transformation of workplaces and the evolution of the cyber threat landscape.”

    “Our success in India is entirely due to our channel partners and distributors, and it was important for us to have a highly experienced leader like Vishal to refine our existing partnerships, and continue to expand our local footprint,” said Netskope Country Manager for India and SAARC Ajay Gupta. “His knowledge of the cybersecurity market in India, and experience setting up and growing practices will be a great advantage for us, and I’m glad to be welcoming his high profile to our team.”

  • Illumio and Netskope announce zero trust partnership

    Illumio and Netskope announce zero trust partnership

    Mumbai – Illumio, Inc., the Zero Trust Segmentation company, and      Netskope, a leader in Secure Access Service Edge (SASE), today announced a Zero Trust partnership that brings together the power of Zero Trust Segmentation (ZTS) and Zero Trust Network Access (ZTNA) to protect against breaches and build cyber resilience. The new partnership combines Illumio ZTS with Netskope ZTNA Next via the Netskope Cloud Exchange (CE) platform to enable network and security teams to create Zero Trust policies that consistently secure access at an organization’s perimeter and within its hybrid, multi-cloud infrastructure.

    In its recommended Zero Trust Architecture, the National Institute of Standards and Technology (NIST), prescribes three primary Zero Trust enforcement points: identity, network access, and workload segmentation, with Zero Trust Network Access implemented at the organization’s boundary, and Zero Trust Segmentation implemented at the destination workloads. Together, Illumio ZTS and Netskope ZTNA Next share context to ensure consistent Zero Trust security at the perimeter and within an organization’s network to reduce the risk from cyberattacks. Key benefits include:

    1   Full visibility across hybrid environments: By combining application-to-application and risk-based visibility from Illumio ZTS with the user-to-application-based visibility in Netskope ZTNA Next, organizations gain a consistent, real-time view of user-to-application and application-to-application traffic, enabling them to better understand risk end-to-end.

    2   Protection for end users from non-compliant workloads: Combined visibility between platforms enables security teams to define Netskope policy to block access between users and potentially compromised workloads, or workloads in segmented environments, increasing resilience across the organization.

    3   Dynamic ZTNA policy: Netskope’s security policies are automatically updated based on metadata from Illumio, eliminating the need to rewrite rules as workload attributes change, ensuring users and critical applications are always protected and allowing organizations to scale their Zero Trust architecture.

    With ransomware attacks on the rise and IBM data showing the cost of breaches increasing to $4.45 million, organisations are turning towards Zero Trust solutions to strengthen resilience. ZTNA is already widely adopted with Gartner seeing “strong adoption among large organizations and midmarket organizations.” Adoption of microsegmentation is also expected to rise rapidly; Gartner predicts that “by 2026, 60 percent of enterprises working toward Zero Trust architecture will use more than one deployment form of microsegmentation, up from less than 5% in 2023.”

    “Businesses today are under pressure to ensure that the right people have the right access to the right online resources, and that requires applying zero trust principles to every interaction with those resources. Our partnership with Illumio ensures that the Netskope One platform learns additional, needed context around private workload posture to help inform and reinforce the security with which private applications and workloads are accessed,” said Netskope VP of Technology Alliances David Willis.

    “Organizations need their Zero Trust technologies to share context so that they have the same view of the environment they’re protecting and can update policies accordingly,” said Illumio chief product officer Mario Espinoza. “That’s exactly what the Illumio and Netskope integration does – Illumio provides Netskope with the needed context to prevent remote users from accessing compromised workloads, while also protecting potentially non-compliant internal workloads from remote access, stopping breaches from spreading. Essentially, we are making it easier than ever for organizations to implement Zero Trust across their hybrid environments to strengthen resilience.”

  • New Netskope App for ServiceNow modernizes threat and data protection workflows

    New Netskope App for ServiceNow modernizes threat and data protection workflows

    Mumbai – Netskope, a leader in Secure Access Service Edge (SASE), has announced the release of the Netskope App for ServiceNow, further extending the collaboration between the two companies. Designed to simplify threat and data protection workflows, the app leverages advanced features such as Netskope real-time user coaching to help security operations (SecOps) and incident response (IR) to keep users productive and the business resilient when responding to incidents and alerts.

    Today, most legacy secure web gateways limit how IT and security teams can effectively respond to a user request or a threat incident by only allowing admins a binary choice to allow or block access based on a web destination. By leveraging Netskope’s patented capabilities to understand and differentiate the context around user engagement with the internet, the Netskope App for ServiceNow facilitates a number of workflows to automatically create, manage, and respond to events and incidents. As a result, users remain engaged and productive with the business tools they would otherwise be blocked from using, all while reducing the friction between IT departments and the volume of tickets generated by users. The app also supports predefined and ad hoc workflows, giving admins multiple outcomes to choose from, including limited uploads, limited downloads, real-time user coaching, and justification, in addition to allowing and blocking access.

    “This latest integration between Netskope and ServiceNow enables customers to go beyond the limitations of solely ‘block’ or ‘allow’ options and respond with a wide variety of continuously updated zero trust outcomes,” said David Willis, Vice President of Technology Alliances, Netskope. “The Netskope App for ServiceNow helps admins manage a large number of findings ranging from ‘patient zero’ threats or a widespread data protection event using Netskope’s context rich data directly from the ServiceNow dashboard. It puts the necessary details into the IT and SecOps admins’ hands to enforce and enable users based on correlated and investigated findings in ServiceNow.”

    With the new Netskope App for ServiceNow administrators can now:

    . Investigate and reduce time-to-respond to incidents and alerts through ticketing automation and enrichment informed by Netskope

    . Manage threats or data protection events with Netskope data directly from the ServiceNow dashboard, thereby reducing alert fatigue and operational costs from time spent toggling between multiple interfaces

    . Provide user coaching in real time over email while handling IT service management for any user triggering any type of alert, providing more choices for outcomes, beyond simple allow or block decisions

    . Provide near real-time assessment of malware and automatically create a multi-step correlation to highlight and identify ‘patient zero’ during an attack

    . Offer immediate lookups for SaaS application data protection posture for over 80,000 applications

    “This is an exciting development in our longstanding partnership with Netskope and represents a milestone in our shared mission to automate data privacy and security response workflows for our customers,” said ServiceNow Director of Product Management, Security Incident Response Hareesh Namavarapu. “With Netskope’s insights seamlessly integrated into the Now Platform, our customers can orchestrate powerful security workflows and investigate alerts with greater efficiency for their organization.”

  • Netskope announces expanded zero trust integration with CrowdStrike Falcon Next-Gen SIEM

    Netskope announces expanded zero trust integration with CrowdStrike Falcon Next-Gen SIEM

    Mumbai: Netskope, a leader in Secure Access Service Edge (SASE), today announced an expanded partnership with CrowdStrike that leverages Netskope risk insights on users, applications and activity as part of a zero trust-based approach to protecting an organisation’s people and data. Netskope’s new integration with CrowdStrike Falcon Next-Gen SIEM enables customers to unify Netskope insights with CrowdStrike data, threat intelligence, AI, and workflow automation in the AI-native Falcon® platform to drive SOC transformation and help ensure visibility and prevention across the enterprise and network.

    Netskope’s event logs surface rich details on user traffic of web, managed apps, shadow IT unmanaged apps, cloud platform services, and public facing custom apps. The ingestion of these event logs and alerts into Falcon Next-Gen SIEM enables enhanced zero trust controls for Security Service Edge (SSE) activity, and improves visibility and unifies telemetry from endpoints, cloud, identity, and additional domains.

    By providing a consolidated view of endpoint, cloud, identity, DLP, and SSE alerts for threat hunting and investigation, the integration accelerates the speed of effective investigations across platforms and reduces overall time to remediate threats. Through the combination of Netskope’s Intelligent SSE with CrowdStrike Falcon Next-Gen SIEM, joint customers can:

    1   Find and investigate evasive threats with AI-powered detections and rich contextual insights from Netskope;

    2   Accelerate deployment with streamlined Netskope data onboarding and third-party automated response actions;

    3   Unify SOC data and workflows to deliver superior security outcomes at lower total cost

    4   Correlate the usage and controls of all GenAI applications with data from across the security stack to ensure protection from emerging threats in the new application environment.

    5   Benefit from optimised real-time threat detection, investigation, response, and hunting through the seamless ingestion and correlation of relevant telemetry to stop the most sophisticated of attackers and novel threats.

    “This latest integration between Netskope and CrowdStrike enables our joint customers to take advantage of a comprehensive, cross-platform approach driven by zero trust principles. Netskope’s unique risk insights and granular controls for over 80,000 applications provide customers valuable information to make smarter, faster decisions,” said Andy Horwitz, VP Business Development and Technology Alliances, Netskope. “The longstanding and highly productive CrowdStrike and Netskope partnership continues to help solve customer security challenges by staying ahead of emerging threats and adversaries, leveraging the power of the cloud and AI.”

    “With the enterprise perimeter rapidly blurring and adversaries setting their sights on the cloud, it is imperative for security teams to have visibility across the entire attack surface and ability to rapidly respond,” said CrowdStrike CBO Daniel Bernard. “Netskope’s rich insights are a welcome addition to our vast ecosystem of high-quality data sources powering Falcon Next-Gen SIEM and supercharging security teams’ ability to stop breaches.” 

  • Netskope named a Leader in the Gartner® Magic Quadrant™ for Security Service Edge for third year in a row

    Netskope named a Leader in the Gartner® Magic Quadrant™ for Security Service Edge for third year in a row

    Mumbai – Netskope, a leader in Secure Access Service Edge (SASE), announced that Gartner, Inc. has recognized the company for the third year in a row as a Leader in the Gartner Magic Quadrant for Security Service Edge (SSE). The 2024 Magic Quadrant for SSE report shows Netskope to have the highest Ability to Execute and to be furthest in Completeness of Vision. Netskope was also shown to have the highest Ability to Execute and to be furthest in Completeness of Vision in the 2023 Magic Quadrant for SSE report.

    More organizations than ever trust Netskope to be their SSE and SASE provider, including more than 3,000 customers, tens of millions of users, and over 30 of the Fortune 100. Among consistent validation of its SSE and SASE leadership, Netskope was recently recognized as a Leader and had the highest score in the Current Offering category in The Forrester Wave™: Security Service Edge Platforms, Q1 2024 report, and in 2023 was recognized as a leader in SSE and Zero Trust Network Access (ZTNA) in IDC MarketScape reports.

    As part of the Netskope One platform, Netskope Intelligent SSE uses zero trust principles and AI to govern access, protect data, stop threats, and enable secure work-from-anywhere connectivity using Netskope’s truly ground-up integrated and converged modules, including Cloud Access Security Broker (CASB), Secure Web Gateway (SWG), ZTNA, Remote Browser Isolation (RBI), Cloud Firewall, SSPM and Digital Experience Management (DEM). Netskope One is also powered by the Netskope NewEdge network, a worldwide security private cloud designed to deliver the industry’s fastest and most secure access to data, applications, and websites without compromising network performance.

    Market Demand for SSE

    Secure, optimized work from anywhere is already recognized as a necessity and a primary business opportunity for all CIOs and their teams. The growth of SSE continues apace with the overall surge in the business adoption of a SASE architecture. In an October 2023 Forecast Analysis, Gartner stated that, “Over the next five years, the market for secure access service edge will grow at a compound annual growth rate of 29%, reaching over $25 billion by 2027.”

    Gartner also predicts that “By 2027, the largest SD-WAN and SSE vendors will offer a completely converged single-vendor SASE solution”, an offering that Netskope already provides and for which it continues to deliver new features and innovations.

    “Netskope customers know that best-of-breed security and the fastest performance are simultaneously achievable. They are foundational to how they transform their security and networking investments and address the proliferation of cloud and AI we are seeing in the enterprise,” said Netskope CEO Sanjay Beei. “It is a major accomplishment for us to be placed the highest in execution and furthest in vision in Security Service Edge for two consecutive years, and our ability to execute behind our vision has never once wavered. I’m extremely proud of our entire Netskope team, customers, and partners for what we’ve achieved in SSE, SASE, and zero trust. We’re just getting started.”

    Netskope continues to dominate the SSE and SASE marketplace, innovate in AI and data and threat protection, and build critical ecosystem partnerships throughout enterprise technology. Recent announcements include:

    . Skope AI: Netskope’s suite of artificial intelligence and machine learning (AI/ML) innovations deliver modern data protection and cyber threat defense, overcoming the limitations of conventional security technologies and providing protection using AI-speed techniques not found in products from other SASE vendors.

    . Global and Seamless Localized Experience: Netskope became the first industry vendor able to deliver SSE globally with a seamless, localized experience for over 220 countries and territories thanks to a NewEdge footprint that now includes more than 200 Localization Zones.

    . FedRAMP® High Authorization: Netskope announced that its Netskope GovCloud received the Federal Risk and Authorization Management Program (FedRAMP) authorization at Impact Level “High” issued with sponsorship from the U.S. Department of Veterans Affairs.

    . SASE Tailored for the Midmarket: Netskope expanded its single-vendor SASE family to offer an MSP-friendly SASE solution, created specifically for the needs of the midmarket. Netskope now offers the most complete range of single-vendor SASE options that align to the requirements of different business sizes.

    . Expansive Global Industry Partnerships: Throughout the past year, Netskope has expanded collaborations and strategic alliances with major global system integrator, managed services provider, and alliances partners around the world including BT, Deloitte, Orange, Telstra, Wipro, among many others.  Netskope also continues to integrate with and help customers secure their deployments with the major cloud providers such as Amazon Web Services, Google, Microsoft, and tens of thousands of SaaS providers.

     

  • Netskope announces MSP friendly, enterprise grade SASE tailored for the midmarket

    Netskope announces MSP friendly, enterprise grade SASE tailored for the midmarket

    Mumbai: Netskope, a leader in Secure Access Service Edge (SASE) announced the next addition to its family of single-vendor SASE offerings, focused on midmarket organizations and the Managed Service Providers (MSP) that serve them. The ongoing expansion of Netskope’s industry-leading SASE portfolio enables Netskope and its partners to deliver a complete range of single-vendor SASE capabilities tailored for various customer sizes and technology environments, ranging from midmarket businesses to large enterprises requiring the advanced SASE capabilities other single-vendor SASE vendors can’t provide.

    Despite being smaller, midmarket organizations are facing many of the same hybrid work connectivity and cybersecurity challenges as their larger enterprise counterparts. As a result, these organizations have had to similarly deploy and manage a broad range of security and networking tools, leading to unnecessary complexity and ballooning maintenance costs, overwhelming their smaller IT teams and budgets.

    Further exacerbating the challenges faced by midmarket businesses are the limitations of legacy security technologies, as well as the lack of advanced security options available from most single-vendor SASE vendors. According to the Gartner® 2023 Critical Capabilities for Single-Vendor SASE report, “Across all offerings, most vendors provide strong branch networking and branch security capabilities. However, the level of advanced security features across all offerings is only mediocre for most enterprises.”

    The new Netskope SASE for midmarket solution delivers the same reliable performance and advanced security capabilities of previously released Netskope enterprise SASE offerings, in an easy-to-manage, midmarket-ready package, including:

    Netskope’s best-in-class enterprise-grade threat and data protection capabilities are delivered ready to use out of the box.

    Simplified deployment and administration of networking and security policies through an easy-to-use, unified management console, and the industry’s first unified SASE client. Context-aware Netskope Borderless SD-WAN, and the global network coverage provided by Netskope NewEdge, to maximize network agility and performance from anywhere.

    Further recognising that many midmarket organizations prefer to outsource the administration of their networking and security, Netskope has designed this latest SASE offering with its leading MSP partners in mind. Critical platform functionalities like multi-tenancy support have been put in place to make it easy for MSPs to deploy and manage Netskope SASE at scale for multiple customers.

    Netskope global alliances and channel sales Dave Rogers said, “Netskope continues to disrupt the status quo by providing more companies the right balance of performance and security-all the benefits of single-vendor SASE, at the right level for their size and needs.

    Today’s release is an ideal SASE solution for midmarket enterprises that are ready to consolidate their hardware, optimize performance, and won’t settle for mediocre security. “He added.

    Netskope continues to expand its SASE capabilities and now offers the most complete range of single-vendor SASE options that align to the requirements of different business sizes, from midmarket to the largest enterprises looking to consolidate multi-vendor environments without skimping on advanced networking and security features. Netskope also continues to strengthen and expand its MSP partnerships worldwide, including with BT, Deloitte, Orange, Telefonica, Telstra, Wipro, and more.

    Wipro vice president & global head cloud and infrastructure security Siva VRS said, “As our fortune 5000 customers continue building upon their digital transformation initiatives, many are considering or actively adopting SASE as a critical convergence of cloud-delivered networking and security capabilities,”

    “We are excited to continue working together with Netskope to deliver the right levels of SASE solution to a range of business types and sizes.” He added.

    Halo Global CEO Darren Carlson said, “Our midmarket enterprise customers have been waiting for Halo Global as an MSP to offer a unified SASE solution that is easy to deploy and can be co-managed and administered by their resource-constrained IT/security team, all while improving their network performance and security posture, we are excited to be working with Netskope to help achieve these outcomes for our clients with Netskope SASE.”

    The new Netskope SASE for midmarket solution is generally available. To learn more about how Netskope works with its customers to provide a tailored single-vendor SASE experience, visit here.