Illumio included in prestigious Cyber 66 report for the second year
Zero Trust Segmentation firm Illumio has been named in the prestigious Cyber 66 report for the second year in succession. The report spotlights Illumio's crucial role in assisting organisations to consolidate their security stacks and enhance their security positions. The report identifies private cybersecurity companies best positioned to influence the rapidly changing landscape of the industry.
The report examines ongoing macroeconomic uncertainty across the cybersecurity industry. It considers the impact of AI-powered technologies adopted by organisations to toughen their security stances, the enhanced Securities and Exchange Commission (SEC) cyber incident disclosure rules for public companies, prevalent breaches utilising identity-based attacks, and venture capital activity in 2023.
The consolidation of cyber security tool stacks is a trend that also features in the report. Organisations are increasingly adopting solutions like the Illumio Zero Trust Segmentation (ZTS) Platform. This platform automates enforcement across data centres, endpoints, and public cloud environments, all via a singular policy manager and user console.
Trevor Walsh, Director of Equity Research at Citizens JMP and report co-author, observed the perennial swinging of the pendulum between platforms and best-of-breed point solutions. He said, "The macro backdrop has certainly tilted the scales towards consolidation as customers look to reduce costs."
Walsh elaborated on cybersecurity being in a constant state of flux, with organisations, threat actors and the security tools acting as a shield between them, continuously altering their goals and associated strategies. Gingrich also pointed to the challenges faced by legacy solutions in managing the task of locating and classifying an organisation's data across all possible locales.
Andrew Rubin, CEO and Co-Founder of Illumio stated that their inclusion in the Cyber 66 report underscored the significance of Zero Trust Segmentation in securing the modern enterprise. Rubin acknowledged the company's critical role in defending against sophisticated cyber threats and hailed this recognition as a testament to the dedication and hard work of the entire Illumio team. He stressed that they are committed to helping their customers navigate the complexity of today's digital landscape.
Illumio, as a Zero-Trust Segmentation Company, helps thwart breaches and prevents ransomware from spreading across the hybrid attack surface. The Illumio ZTS Platform maps all traffic flows between workloads, devices, and the internet while automatically setting granular segmentation policies to control communications. These measures isolate high-value assets and compromised systems, either proactively or in response to active attacks.
The platform can be utilised by organisations of all sizes, from large enterprises ranked in the Fortune 100 to small businesses, to halt breaches and ransomware within minutes. This could potentially save millions of dollars in application downtime and assist in the acceleration of cloud and digital transformation projects.
Illumio's consecutive recognition in the Cyber 66 report underscores its pivotal role in revolutionising cybersecurity through Zero Trust Segmentation. As organisations increasingly consolidate their security stacks and embrace platforms like Illumio's, the industry is witnessing a transformative shift towards enhanced security postures and resilience against sophisticated cyber threats. Illumio's commitment to safeguarding enterprises of all sizes against breaches and ransomware highlights its unwavering dedication to navigating the complexities of the modern digital landscape, ultimately paving the way for a more secure and resilient future.
