The award recognizes the technology innovation and customer-centric business models of SafeBreach’s industry-leading breach and attack simulation (BAS) platform.
SUNNYVALE, Calif., Feb 3, 2020 -- SafeBreach, a leading vendor in breach and attack simulation, today announced it is the recipient of the Frost & Sullivan 2021 Global Company of the Year Award for its BAS platform in the Global Breach and Attack Simulation market. SafeBreach’s breach and attack simulation platform provides customers with continuous security validation capabilities, and the feature-rich platform helps companies validate their security controls and improve their security posture. The platform triggers security controls by running thousands of known threat indicators and attacking behaviors safely and continuously.
"SafeBreach's platform creates synergy between disparate security solutions to reveal an organization's actual risk and promote cross-functional mitigation efficiency. Customers can quantify this risk based on business impact, set goals for reducing the risk, and identify and build a data-driven strategy to reach the goals and track the progress," says Swetha R K, Industry Analyst for Frost & Sullivan’s Cyber Security Practice. "With more than 20,000 breach and attack methods, SafeBreach provides comprehensive attack coverage. The company offers a feature-rich portfolio that includes remediation capabilities and integration with downstream applications, boosting its annual recurring revenue from a loyal customer base."
Frost & Sullivan applies a rigorous analytical process to evaluate multiple nominees for each award category before determining the final award recipient. SafeBreach excels in many of the criteria.
For awards, Frost & Sullivan identifies companies that consistently develop new growth strategies based on a visionary understanding of future market trends and address new market challenges and opportunities. This recognition is reserved for companies at the innovation and growth forefront in their respective industries. Recognized companies consistently grow their leadership position by continually innovating and creating new products and solutions and expanding their market reach to serve customer needs in an ever-evolving market.
Criteria considered for the Company of the Year Award include visionary innovation and performance, addressing unmet needs, financial performance, product value, brand equity, and customer experience. Frost & Sullivan notes that SafeBreach aims to transform the way the industry approaches security operations by empowering security leaders to use security technologies to the fullest extent instead of buying new tools every year. By running SafeBreach’s continuous security validation platform, security leaders can report on their organization's security posture in real time with a prioritized list of action points and can enable security professionals to drive down risks that hold the greatest impact on the business.
"We are thrilled to be recognized by Frost & Sullivan for this award and are humbled by this strong validation of our technology vision, market momentum and customer-centric business model," said SafeBreach CEO and Co-founder Guy Bejerano. "SafeBreach changes the cybersecurity game by making it simple to continuously validate an enterprise’s security controls and maximize their effectiveness to reduce cyber-risk to the organization. This data-driven approach empowers CISOs and their teams to invest and continuously focus and refocus their security strategy on the areas with greatest risk to the business."For the coming year, SafeBreach plans to continue expanding its sales and marketing team to manage the high demand for its platform in the U.S. and new territories as well as its product offering.