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Frost & Sullivan Names Menlo Security a Growth and Innovation Leader in the APAC Web Security Market

With the surge in remote working and widespread adoption of Software as a Service (SaaS) platforms, security needs to be re-architected to better address modern-day threats. Apps and users have shifted from on-premises appliances to the cloud, and security infrastructure needs to adapt accordingly to keep pace.

 

This is especially true in the Asia-Pacific (APAC) region, where emerging markets have been under constant attack by malicious actors looking to take advantage of vulnerabilities in network infrastructures. Many organizations have been looking at a Secure Access Services Edge (SASE) approach to web security, using an ecosystem of new security technologies to better protect increasingly mobile and remote users, data, and applications.

 

But SASE requires a more robust and flexible secure web gateway (SWG) that uses isolation to provide 100 percent malware-free email and web browsing in a nondisruptive, scalable manner. Menlo Security’s SWG includes an Isolation Core™ and leverages the power of an Isolation Security Operations Center (iSOC) for threat detection and analysis. Most importantly, Menlo has the dynamic scale needed for this new SWG approach, allowing customers to automatically scale to new offices and locations—wherever users conduct business.

 

The industry is taking notice. Frost & Sullivan recently recognized Menlo Security as a Growth and Innovation Leader in the APAC web security market and named the company its web security vendor of the year. This recognition is a big deal. Menlo overtook web security pioneer Forcepoint in the Frost Radar rating, signifying that Menlo’s new approach is better suited to today’s cybersecurity needs. In fact, Menlo demonstrated Excellence or Superiority in all six key performance dimensions.

 

Cloud-Delivered Security Services Primed for the APAC Market

The Menlo Security Cloud Platform is powered by patented isolation technology and offers the ability to tailor the level of security based on what users are trying to access and what the company wants to protect. At the core of the platform is the ability to scale and isolate all traffic and deliver traditional cloud security capabilities like SWG, CASB, and ZTPA. This in turn provides unique visibility into browser interactions and web traffic patterns to reveal security blind spots and provide security teams with actionable alerts of potential breaches. Our global Cloud Platform provides secure direct access to an Internet architecture designed for SaaS applications. In addition, our cloud-native architecture is elastic and autoscales security and throughput for seamless on-demand growth in the number of users, devices, and applications.

 

Menlo Security’s robust growth strategy, coupled with our ability to offer customizable security solutions, gives us a strategic advantage in APAC. We lead the cloud deployment market in banking and finance and government organizations, and, combined, they contribute the largest portion of revenue at more than 55 percent. Menlo is in every market in the region and has developed strategic partnerships with key vendors throughout APAC, including Okta, VMware, and Microsoft. This coverage allows us to offer on-premises support in local markets. Government is a big sector in APAC, and in this area, Menlo shines. Among our customers are some of the largest government agencies in the world, including a contract with the Defense Information Systems Agency (DISA) for the Cloud-Based Internet Isolation (CBII) program to protect the U.S. Department of Defense (DoD) networks worldwide.

 

In September 2020, VMware also announced that it will sell and support a VMware-branded SASE offering based on cloud-SWG solutions that it has licensed from Menlo Security. Our cloud security platform currently isolates more than 3B+ websites monthly. Among our customers are seven of the 10 largest banks, four of the five largest credit-card issuers, and some of the largest energy and critical infrastructure companies in the world.

 

Menlo Leads the Pack

APAC is leading the cybersecurity revolution, looking at new, innovative technologies such as SASE, CASB, ZTNA, and other new security solutions to better protect users from malicious actors. Isolation is the glue that can tie all these technologies together—routing all traffic through an SWG in the cloud, where organizations can apply specific policies to the appropriate traffic without impacting the native user experience. Frost & Sullivan has recognized this innovation, positioning Menlo as a web security leader in the critical APAC market.

Tags: Web Security, SASE, CASB, cloud security, secure web gateway, SOC, ZTNA, SaaS security, APAC, Asia Pacific

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