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Leader in network security management solutions reports strong year-over-year product revenue growth of 43% in Q4 2019 and 26% in full year 2019 AlgoSec Celebrates Record Quarter in Q4 2019 and Another Record Year of Strong Growth and Profitability in 2019 Leader in network security management solutions reports strong year-over-year product revenue growth of 43% in Q4 2019 and 26% in full year 2019 February 18, 2020 Speak to one of our experts RIDGEFIELD PARK, N.J., Feb. 18, 2020 – AlgoSec , the leading provider of business-driven network security management solutions, has announced strong growth in product revenues and total revenues in 2019. For the full year, AlgoSec reported a profitable 2019 with: 26% increase in product revenues over 2018 17% increase in total revenues over 2018 Close to 100 new customers won, many of which were competitive wins, including several actual replacements of products from AlgoSec’s direct competitors. The company also concluded its best-ever quarter to date in Q4 2019: 43% increase in product revenues compared to Q4 2018 27% increase in total revenues compared to Q4 2018 Over 50 open positions for immediate hiring “2019 was a very successful year across every aspect of our business,” said Yuval Baron, AlgoSec Chief Executive Officer. “We exceeded our sales targets, strengthened cashflow and won nearly 100 new customers with several million dollar-plus contracts. In addition, Cisco added AlgoSec to its Global Price List, we strengthened our channel partnerships globally, and expanded our senior management team. The demand for our solutions is accelerating as we become increasingly mission-critical to our customers’ business.” Solution innovations AlgoSec introduced several key innovations in 2019 to help enterprise customers address their network security management challenges. These include: The launch of CloudFlow, a cloud-focused security solution that delivers comprehensive visibility and management of all the security control layers across enterprise multi-cloud and hybrid estates. The latest A30 release of AlgoSec’s core Network Security Management Suite which features new AppViz and AppChange add-ons, bringing unsurpassed application visibility and network auto-discovery capabilities, and extending support for Cisco ACI A new extension to the IBM® Resilient® Incident Response Platform, enabling organizations to tie security incidents and attacks directly to relevant business processes AlgoSec’s Security Management Suite was chosen as the only SC Labs ‘Best Buy’ solution in 2019’s SC Magazine Risk Management Group Test , and secured a perfect 5 out of 5 rating in each of the 6 categories. AlgoSec was also the highest-ranked solution in its category on IT Central Station , which features enterprise product reviews from real users, based on the highest ratings, most reviews, and most views in its product segment. New industry partnerships AlgoSec’s integrated solution for Cisco ACI and security devices is now available on Cisco’s Global Price List, enabling Cisco’s direct and channel sales network to offer AlgoSec solutions to customers. Announced in November 2019, the integrated solution also enables mutual customers to realize the full potential of intent-based Data Centers. Strengthened executive management team AlgoSec further expanded its executive team in 2019, with Chris Thomas joining in the role of Chief Revenue Officer to lead global revenue-generation activities, Ilan Erez appointed as Chief Financial Officer and General Manager to help drive multi-faceted business growth, and Zvika Menachemi as VP of Research & Development to help advance the development of AlgoSec’s network and Cloud Security Policy Management Solutions. About AlgoSec The leading provider of business-driven network security management solutions, AlgoSec helps the world’s largest organizations align security with their mission-critical business processes. With AlgoSec, users can discover, map and migrate business application connectivity, proactively analyze risk from the business perspective, tie cyber-attacks to business processes and intelligently automate network security changes with zero touch – across their cloud, SDN and on-premise networks. Over 1,800 enterprises , including 20 of the Fortune 50, have utilized AlgoSec’s solutions to make their organizations more agile, more secure and more compliant – all the time. Since 2005, AlgoSec has shown its commitment to customer satisfaction with the industry’s only money-back guarantee . All product and company names herein may be trademarks of their registered owners. *** Media Contacts:Tsippi [email protected]

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Survey finds that 58% of respondents are concerned about security in the cloud, while misconfigurations are one of the leading causes of breaches and outages as public cloud adoption doubles over past two years Cloud Security Alliance Releases Latest Survey Report on State of Cloud Security Concerns, Challenges, and Incidents Survey finds that 58% of respondents are concerned about security in the cloud, while misconfigurations are one of the leading causes of breaches and outages as public cloud adoption doubles over past two years March 30, 2021 Speak to one of our experts SEATTLE – March 30, 2021 – The Cloud Security Alliance (CSA), the world’s leading organization dedicated to defining and raising awareness of best practices to help ensure a secure cloud computing environment, and AlgoSec , a leading provider of business-driven network and cloud security management solutions, today announced the results of a new study titled, “ State of Cloud Security Concerns, Challenges, and Incidents .” The survey, which queried nearly 1,900 IT and security professionals from a variety of organization sizes and locations, sought to gain deeper insight into the complex cloud environment that continues to emerge and that has only grown more complex since the onset of the pandemic. The survey found that over half of organizations are running 41 percent or more of their workloads in public clouds, compared to just one-quarter in 2019. In 2021, 63 percent of respondents expect to be running 41 percent or more of their workloads in public cloud, indicating that adoption of public cloud will only continue. Sixty-two percent of respondents use more than one cloud provider, and the diversity of production workloads (e.g. container platforms, virtual machines) is also expected to increase. Key findings include: Security tops concerns with cloud projects : Respondents’ leading concerns over cloud adoption were network security (58%), a lack of cloud expertise (47%), migrating workloads to the cloud (44%), and insufficient staff to manage cloud environments (32%). It’s notable that a total of 79 percent of respondents reported staff-related issues, highlighting that organizations are struggling with handling cloud deployments and a largely remote workforce. Cloud issues and misconfigurations are leading causes of breaches and outages : Eleven percent of respondents reported a cloud security incident in the past year with the three most common causes being cloud provider issues (26%), security misconfigurations (22%), and attacks such as denial of service exploits (20%). When asked about the impact of their most disruptive cloud outages, 24 percent said it took up to 3 hours to restore operations, and for 26 percent it took more than half a day. Nearly one-third still manage cloud security manually : Fifty-two percent of respondents stated they use cloud-native tools to manage security as part of their application orchestration process, and 50 percent reported using orchestration and configuration management tools such as Ansible, Chef and Puppet. Twenty-nine percent said they use manual processes to manage cloud security. Who controls cloud security is not clear-cut : Thirty-five percent of respondents said their security operations team managed cloud security, followed by the cloud team (18%), and IT operations (16%). Other teams such as network operations, DevOps and application owners all fell below 10 percent, showing confusion over exactly who owns public cloud security. “The use of cloud services has continued to increase over the past decade. Particularly now, in the wake of the COVID-19 public health crisis. With organizations struggling to address a largely remote workforce, many enterprises’ digital transformations have been accelerated to enable employees to work from home,” said Hillary Baron, lead author and research analyst, Cloud Security Alliance. “As an ever-more complex cloud environment continues to evolve, the need for supplementary security tools to improve public cloud security will, as well.” “In the face of complex environments, a dearth of security staff, and an overall lack of cloud knowledge, organizations are turning to security tools that can help supplement their workforce. Three of the top four benefits organizations look for in security management tools involve proactive detection of risks and automation. These types of tools can supplement the challenges many organizations are experiencing with lack of expertise (47%) and staff (32%), as well as improve visibility as they move toward an ever-changing cloud environment,” said Jade Kahn, AlgoSec Chief Marketing Officer.AlgoSec commissioned the survey to add to the industry’s knowledge about hybrid-cloud and multi-cloud security. Sponsors of CSA research are CSA Corporate Members, who support the findings of the research project but have no added influence on content development nor editing rights. The report and its findings are vendor-agnostic and allow for global participation. Download the free eBook now. About Cloud Security Alliance The Cloud Security Alliance (CSA) is the world’s leading organization dedicated to defining and raising awareness of best practices to help ensure a secure cloud computing environment. CSA harnesses the subject matter expertise of industry practitioners, associations, governments, and its corporate and individual members to offer cloud security-specific research, education, training, certification, events, and products. CSA’s activities, knowledge, and extensive network benefit the entire community impacted by cloud — from providers and customers to governments, entrepreneurs, and the assurance industry — and provide a forum through which different parties can work together to create and maintain a trusted cloud ecosystem. For further information, visit us at www.cloudsecurityalliance.org , and follow us on Twitter @cloudsa. About AlgoSec The leading provider of business-driven network security management solutions, AlgoSec helps the world’s largest organizations align security with their mission-critical business processes. With AlgoSec, users can discover, map and migrate business application connectivity, proactively analyze risk from the business perspective, tie cyber-attacks to business processes and intelligently automate network security changes with zero touch – across their cloud, SDN and on-premise networks. Over 1,800 enterprises, including 20 of the Fortune 50, have utilized AlgoSec’s solutions to make their organizations more agile, more secure and more compliant – all the time. Since 2005, AlgoSec has shown its commitment to customer satisfaction with the industry’s only money-back guarantee. www.algosec.com

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Learn how automation can simplify the process of rule recertification and help determine which rules are still necessary Webinars Play by the rules: Automation for simplified rule recertification As time goes by, once effective firewall rules can become outdated. This results in bloated security policies which can slow down application delivery. Therefore, best practice and compliance requirements calls for rule recertification at least once per year. While rule recertification can be done manually by going through the comments fields of every rule, this is a tedious process which is also subject to the weaknesses of human error. Automation can simplify the process and help determine which rules are still necessary, if done right. Join security experts Asher Benbenisty and Tsippi Dach to learn about: Rule recertification as part of application delivery pipeline The importance of recertifying rules regularly Methods used for rule recertification The business application approach for rule recertification October 27, 2021 Tsippi Dach Director of marketing communications Asher Benbenisty Director of product marketing Relevant resources AlgoSec AppViz – Rule Recertification Watch Video Changing the rules without risk: mapping firewall rules to business applications Keep Reading Choose a better way to manage your network Choose a better way to manage your network Work email* First name* Last name* Company* country* Select country... Short answer* By submitting this form, I accept AlgoSec's privacy policy Continue

Learn about the essentials of enterprise cloud security, including its importance, challenges, functionality, solutions, and key pillars. What is cloud security pillars trends and strategies Select a size Which network Can AlgoSec be used for continuous compliance monitoring? Yes, AlgoSec supports continuous compliance monitoring. As organizations adapt their security policies to meet emerging threats and address new vulnerabilities, they must constantly verify these changes against the compliance frameworks they subscribe to. AlgoSec can generate risk assessment reports and conduct internal audits on-demand, allowing compliance officers to monitor compliance performance in real-time. Security professionals can also use AlgoSec to preview and simulate proposed changes to the organization’s security policies. This gives compliance officers a valuable degree of lead-time before planned changes impact regulatory guidelines and allows for continuous real-time monitoring. What is cloud security? Pillars, trends, and strategies Learn about the essentials of enterprise cloud security, including its importance, challenges, functionality, solutions, and key pillars. What is cloud security? Cloud security (or cloud-native security) encompasses the strategies, tools, processes, and teams that seek to fortify enterprise cloud environments. Cloud security strategies focus on securing cloud networks, infrastructure, systems, applications, and data from internal security risks, such as vulnerabilities and misconfigurations, as well as from external risks like cyberattacks. What are today’s top cloud security trends? Companies today are adopting cloud technologies at scale and with diverse deployment architectures. Some opt for public cloud services from vendors like AWS, Google Cloud, or Azure, while others invest in a dedicated private cloud infrastructure. Some organizations procure services from a single vendor, whereas others integrate components in multi-cloud or hybrid cloud strategies. The cloud security market is forecast to reach nearly $63 billion by 2028. This reflects the current state of widespread cloud adoption, the proliferation of cloud computing services, and a constant influx of new cloud security trends. Why are cloud security strategies important? Cloud security is one of the most critical pillars of any modern enterprise. Here’s why top-notch cloud security strategies are a strategic imperative: Widespread cloud adoption: Cloud computing is no longer a wishlist item but a necessity. Gartner research forecasts that companies will collectively spend more than $1 trillion on cloud investments by 2027. Sophisticated cloud threat landscape: Mission-critical cloud networks and infrastructure are under relentless siege from adversaries. According to IBM’s latest report , data breaches are now costing companies a mean value of $4.4 million. Complex compliance requirements: Enterprises must ensure that their cloud environments adhere to standards like GDPR, HIPAA, and PCI DSS. Cloud security and compliance are inextricably linked, so reinforcing one will benefit the other. Data privacy expectations: Cloud networks and infrastructure port and store vast volumes of sensitive data, from customer information to business secrets. Keeping this data secure is essentia l to avoid legal, financial, and reputational headaches. Future-proofing IT environments: With a robust cloud security posture, organizations can dynamically scale their cloud networks and infrastructure based on strategic pivots, emerging needs, and cloud security trends. How does cloud-native security work? Cloud security involves multiple moving parts—from advanced tools and technical controls to organizational culture and security best practices. Achieving holistic cloud security mandates three crucial components: Continuously monitoring cloud networks and infrastructure to detect anomalies Proactively improving your cloud security posture by tightening access controls and remediating misconfigurations Establishing strategies for mitigation, e.g., incident response playbooks, to remediate threats How can companies ensure unified cloud security and untangle the complexities of securing complex cloud network architectures? Adopt cutting-edge cloud security solutions. First, let’s review an important aspect of using a third party in your cloud security endeavors. Understanding shared responsibility models Shared responsibility models are another intricacy of contemporary cloud security. Cloud provider security offerings aren’t typically all-encompassing. And the onus is on you to decode the shared responsibility model of your chosen cloud provider. In other words: What will they handle, and what will you be obliged to oversee? Also, don’t assume that two cloud providers have similar shared responsibility models. For instance, Google Cloud’s model is radically different from that of AWS, so make sure you go over the fine print for any provider carefully. Now, let’s turn back to what makes a cloud security solution cutting-edge. What is an ideal cloud-native security solution? A comprehensive cloud security suite should include the following tools and capabilities: Cloud security posture management (CSPM): Proactively optimize cloud security and compliance posture by remediating risks in order of criticality. Market snapshot: The CSPM industry has been growing at more than 15% since 2022. Cloud identity and entitlement management (CIEM): Support governance, security, and access controls across human and machine cloud identities; mitigate identity and access management (IAM) risks. Note: CIEM tools are basically the cloud variant of IAM solutions. Cloud workload protection platform (CWPP): Secure cloud workloads across multi-cloud and hybrid cloud setups; this is particularly useful across CI/CD pipelines and DevSecOps workflows due to workload emphasis. Security information and event management (SIEM): Gather, correlate, and cross-analyze data from the entire IT ecosystem—from cloud networks to on-premises hardware and internet-of-things (IoT) devices. Security orchestration, automation, and response (SOAR): Integrate and coalesce previously disparate security tools, processes, and workflows to optimize threat detection and incident response capabilities. Data loss prevention (DLP): Detect instances of cloud data exfiltration, exposure, misuse, or compromise. Firewalls and intrusion detection systems (IDS): Monitor cloud network traffic and receive alerts for suspicious or anomalous traffic flows or behaviors. Network security policy management (NSPM): Automatically design, enforce, and maintain cloud network security and compliance policies. Micro-segmentation: Break down the cloud network into granular subsections, each with unique security policies, controls, and rule sets to prevent lateral movement and provide quick issue resolution. Note: Micro-segmentation lies at the heart of zero trust architecture. With the above features in mind, let’s move on to the security challenges they were built to battle. With the above features in mind, let’s move on to the security challenges they were built to battle. Cloud security challenges Cloud-native security is inherently complex, but the hurdles you face are compounded by myriad internal and external factors. Mapping complex architectures and attack surfaces Cloud environments are constantly shapeshifting and filled with dynamic, distributed, and ephemeral applications, data, and connectivity flows. Creating a topology of exploitable risks across this landscape is complicated. Mapping and visualizing cloud networks, particularly in labyrinthine hybrid architectures, is next to impossible without the right tools. Achieving robust governance Many companies find it challenging to effectively and holistically steward cloud applications, networks, data, and resources—especially in multi-cloud and hybrid-cloud setups. Navigating regulatory compliance Adding to the above hurdle, regulations can change—and new ones are popping up continuously. Busin esses have to keep up to avoid noncompliance penalties and legal entanglements. Uncovering shadow IT Cloud environments are perpetually in flux, which means certain resources can easily slip out of centralized management or view. Regaining control of these hidden, often risk-ridden resources is difficult. Remediating vulnerabilities and misconfigurations The volume of cloud vulnerabilities far exceeds most organizations’ resources. Companies must focus on prioritizing risks so that threats to mission-critical cloud resources are dealt with first. Battling evolving attack techniques Adversaries are employing sophisticated AI-driven tactics to design and scale their attacks. Against this backdrop of radical methods, many businesses are struggling to defend their cloud estates. Minimizing cloud costs Cloud security lapses can be pricey to resolve. If cloud security expenses get out of hand, this can undercut all of the cost benefits that cloud adoption promises. Balancing security and agility One of the cloud’s biggest selling points is its speed and dynamism. However, ineffective implementation of cloud security measures can potentially slow down operations and stall strategic and operational momentum. Having reviewed the critical hurdles to cloud security, what are the top strategies required to mitigate them and reinforce proper cloud security? The most critical cloud security pillars Cloud environments might be rife with risks, but a robust cloud security program that hinges on a powerful unified solution can help efficiently address those risks and maximize the cloud’s potential. Highlighted below are the key pillars of robust cloud security that the optimal solution will actively reinforce. Comprehensive visibility All the best cloud security strategies begin with full-stack visibility. This means end-to-end coverage and real-time insights across cloud networks, applications, data, policies, and connectivity flows. Data security In many ways, the answer to “what is cloud security” is simply “cloud-based data security.” Advanced controls and measures like encryption, anonymization, classification, and role-based access contro l (RBAC) all help safeguard sensitive data. Zero tr ust architecture (discussed below) is also ideal for robust data security. Robust identity and access management (IAM) Identity and access management (IAM) involves right-sizing entitlements and optimizing access controls across digital identities. With a top IAM tool, ideally integrated into a comprehensive cloud security platform, companies can fine-tune privileges across digital identities. This prevents unnecessary access to critical data and streamlines access to role-essential applications and assets. Policy and configuration management Well-oiled policy management is one of the strongest cloud security pillars. The cornerstone of optimized policy and configuration management is the ability to automate systems to design, manage, and monitor cloud policies and configurations. Automation also enables a tool to curb drift with minimal manual intervention and error. AI-driven automation and orchestration AI-driven automation is one of the most prevalent cloud security trends. This, coupled with orchestration, implements predefined and intricately choreographed security processes and workflows to detect and remediate threats with minimal human intervention. Zero trust architecture Zero trust architecture is a cornerstone of most cloud security strategies. Enterprises should adopt a network security approach based on the “never trust, always verify” philosophy, along with least privilege, just-in-time (JIT) access, micro-segmentation, and multi-factor authentication. Threat detection and response No matter how cloud security trends ebb and flow, businesses need to be prepared with a plan for threat detection and response. The primary goal here is real-time network and infrastructure threat monitoring. This should be supported by predefined and automated incident response protocols and playbooks to remediate cloud security events. DevSecOps DevSecOps is a framework where a security-centric component has been added to the DevOps meth odology. Since the cloud is used to expedite software pipelines, DevSecOps is crucial to ensure you don’t sacrifice security for speed. Supply chain risk management Mitigating third-party risks means complete visibility and proactive risk mitigation across third-party resources and dependencies. Within DevSecOps workflows, this includes vetting third-party code, components, and dependencies. Threat intelligence Threat intelligence should be a constant presence in your cloud-native security program. The key is to integrate tools like IAM and CSPM with internal and external threat data streams. The best way to maximize a unified cloud security platform is to integrate up-to-date threat data streams. The ripple effect of world-class threat intelligence is profound and will significantly transform your detection and response skills across cloud networks and infrastructure. AlgoSec: A cloud security powerhouse With a unified solution like AlgoSec, businesses can transform the cloud security conundrum into an opportunity to reinforce their cloud operations and drive value. AlgoSec focuses on the most crucial cloud security pillars: Full-stack visibility Automated policy management Comprehensive compliance controls App-centric model for application-heavy environments Crucially, AlgoSec unifies these non-negotiables into a single platform. From the AlgoSec Cloud Enterprise (ACE) platform to tools like AppViz , FireFlow , and Firewall Analyzer , AlgoSec is a cloud network fortress. Get a demo to see how AlgoSec can help you achieve optimal enterprise cloud security. Get the latest insights from the experts Schedule time with one of our experts Work email* First name* Last name* Company* country* Select country... Short answer* By submitting this form, I accept AlgoSec's privacy policy Continue

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Gain in-depth application visibility with AlgoSec AppViz for Firewall Analyzer. Optimize security policies and uncover application risks across your network. AlgoSec AppViz – Application visibility for AlgoSec Firewall Analyzer ---- ------- Schedule a Demo Select a size ----- Get the latest insights from the experts Choose a better way to manage your network