Press Releases

The 2024 State of Network Security Report Reveals a Shift Towards Multi-Cloud Environments, with a 47% Increase in SD-WAN and 25% Uptick in SASE Adoption

July 16, 2024



Research found that organizations are prioritizing security, seamless integration, and compliance in hybrid cloud environments with Cisco, Palo Alto Networks, AWS and Microsoft Azure among the leaders

 

RIDGEFIELD PARK, NJ – June 30, 2024 – Global cybersecurity leader AlgoSec,has released its annual ‘The State of Network Security Report’ providing a broad view of network security in hybrid cloud environments, identifying the most popular strategies adopted by security professionals. The report sheds light on key market trends and highlights the solutions and technologies that are in demand and why, helping organizations to navigate the complexities of modern network security.

Based on two comparative surveys conducted in H2 of 2022 and 2023, AlgoSec’s research evaluated market leaders including AWS, Microsoft Azure, Check Point, Palo Alto Networks, Cisco and more, identifying significant shifts in cloud platform adoption, deployment of firewalls and Software-Defined Wide Area Network (SD-WAN), as well as Secure Access Service Edge (SASE) implementation.

Key findings from the report include:

“According to our research there has been greater adoption of cloud-based network security solutions across the board”, said Eran Shiff, VP Product of AlgoSec. “However, there is still progress to be made in the SD-WAN and SASE space. By identifying the key trends and the most popular solutions on the market, we can provide some much-needed clarity into the complex world of network security.”
The full report can be accessed here.

About AlgoSec

AlgoSec, a global cybersecurity leader, empowers organizations to secure application connectivity and cloud-native applications throughout their multi-cloud and hybrid network. Trusted by more than 1,800 of the world’s leading organizations, AlgoSec’s application-centric approach enables to securely accelerate business application deployment by centrally managing application connectivity and security policies across the public clouds, private clouds, containers, and on-premises networks. Using its unique vendor-agnostic deep algorithm for intelligent change management automation, AlgoSec enables acceleration of digital transformation projects, helps prevent business application downtime and substantially reduces manual work and exposure to security risks. AlgoSec’s policy management and CNAPP platforms provide a single source for visibility into security and compliance issues within cloud-native applications as well as across the hybrid network environment, to ensure ongoing adherence to internet security standards, industry, and internal regulations. Learn how AlgoSec enables application owners, information security experts, DevSecOps and cloud security teams to deploy business applications up to 10 times faster while maintaining security at https://www.algosec.com.