SINGAPORE–(COMMERCIAL THREAD) – Frost & Sullivan has identified Menlo Security as a leader in growth and innovation in the Frost Radar ™: Asia-Pacific Secure Web Gateway (SWG) market, 2021. The COVID-19 pandemic and the new realities of remote working have prompted a majority of companies to adopt cloud and hybrid security solutions. In addition, the increasing sophistication and volume of cyber attacks, along with the growing reliance on the web, enhance the security of the web vector in today’s corporate environment.
From an ecosystem perspective, the platform approach remains a mainstay, as supply chain issues drive vendors to integrate a myriad of security solutions on unified platforms. However, the Secure Access Service Edge (SASE) approach is growing in popularity due to its ability to integrate solutions with security, networking, and the cloud.
Capitalizing on this demand, SWG vendors are proactively enhancing their portfolios with a range of new features and capabilities, including isolation technology, Cloud Access Security Broker (CASB), and Data Loss Prevention (DLP). Additionally, vendors that offer integrated, end-to-end security solutions will appeal to organizations looking to consolidate their security solutions and manage the overhead costs of an expanded security perimeter.
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“Menlo Security sets itself apart with its unique approach focused on isolating the SWG. The company has capitalized on the biggest market trends for a platform approach, flexible deployment and integration of capabilities to meet the demands of its customers and increase the efficiency of its product, ”noted Tien Vu Anh , Senior Industry Analyst, Cybersecurity at Frost & Sullivan. In addition, the company has rapidly expanded its regional footprint, with strong growth in Japan, Singapore, Malaysia, the Philippines and most recently India, with adoption across government, BFSI, education, telecommunications and manufacturing. ”
Menlo Security continues to differentiate itself in the market through its strategy of delivering cloud-delivered web security, integrated and powered by an Isolation Core ™. This ensures better, highly scalable cyber threat / risk management as businesses rely more on the SASE architecture to protect their organizations.
“We are delighted to be recognized by Frost & Sullivan for our work in the Asia Pacific Secure Web Gateway market. This recognition will also encourage our team to strive and reach new heights as we continue to focus on driving industry-leading innovation, ”said Stéphanie Boo, Vice President, Asia- Peaceful.
Menlo Security A robust growth strategy and customizable security solutions help it gain a strategic advantage in the region by:
Extend the capabilities of its security platform with the addition of Cloud DLP and CASB, further strengthening its value proposition of delivering multiple security services on a single integrated platform.
Offering enhanced security capabilities thanks to its Elastic Isolation Core technology, integrated sandboxing and API integration for third-party solutions.
Provide security capabilities through a distributed global network of points of presence (PoP) around the world, including six countries in the APAC region.
To supply On-site support aligned to a wide variety of markets, including highly regulated industries, such as BFSI and government.
Frost Radar ™: Asia-Pacific Secure Web Gateway (SWG) market, 2021 provides the results of an in-depth analysis based on a 360-degree research methodology where over 34 companies were assessed. The Industry Analyst Team has identified 14 industry leaders who excel in innovation, most growth-ready and investment-ready, and recognizes them in Frost Radar with an overview of their offerings. innovations, projected growth rates, strengths and opportunities for the future.
About Menlo Security
Menlo Security protects organizations against cyber attacks by eliminating the threat of malware from the web, documents and email. Menlo Security’s isolation-based cloud security platform evolves to provide comprehensive protection for businesses of all sizes, without requiring endpoint software or affecting the end-user experience. Menlo Security is trusted by leading global corporations, including Fortune 500 companies and eight of the world’s ten largest financial services institutions, and is backed by Vista Equity Partners, Neuberger Berman, General Catalyst, American Express Ventures, Ericsson Ventures , HSBC and JP Morgan Chasser. Menlo Security is headquartered in Mountain View, California. For more information, please visit www.menlosecurity.com.