These 10 startups promise to thwart today's cyberthreats with cutting-edge technologiesAccording to the Ponemon Institute's 2016 Cost of a Data Breach report, a typical enterprise has a 26% chance of experiencing a data breach that involves at least 10,000 records within the next two years. And the cost of recovering from a data breach averages $4 million.
With potential breach costs so high, organizations are continually striving to improve their network security. But at the same time, attackers are constantly devising new ways to thwart their defenses. In order to defend against those attacks, the security industry needs a steady stream of new ideas for ways to protect corporate networks.
Menlo Security made the list of 10 startups with particularly innovative approaches to network security. Many of these firms have won awards and industry accolades. And they all share a commitment to finding new ways to help organizations keep their networks safe from cyberthreats.
Menlo takes an isolation approach. Its platform sits between the Internet and endpoints, ensuring that all content that arrives on devices from the web or email is malware-free. Unlike some older isolation technologies, it's a cloud service that doesn't require any software to be deployed on user devices, and it supports all devices, operating systems and browsers.
Menlo was founded in 2013 by former Juniper Networks employees, and it has raised $35.5 million in two rounds of funding. The company's awards include the Grand Prize Winner Best of Show Award at 2016 Interop Japan, finalist in RSA Conference 2016's Innovation Sandbox Most Innovative Startup Contest, and Forbes' Hottest Cybersecurity Startup in 2015.
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