Demand for SOAR Solutions Pushed Skybox Security’s Sales Up By 50 Percent in 2016


Skybox Security, a company dealing  in cybersecurity operations, analytics and reporting (SOAR), ended 2016 with a 50 percent increase in sales and 43 percent rise in new customer acquisitions compared to 2015.


Amid this growing demand of SOAR solutions, there’s key challenges as well including a global cybersecurity skills shortage, compliance requirements for new regulations such as the EU's General Data Protection Regulations (GDPR) and the need for greater visibility across increasingly large and complex IT environments

 

"Yes, 2016 was a very good year for us. Looking ahead to 2017, we fully expect to continue at the same pace. The demand for integrated platforms like ours is rising because CISOs want to consolidate the tools they use under centralized management,”’ said Skybox CEO Gidi Cohen.

 

“They're also desperate for better visibility of their attack surface and greater insight into what is truly putting their organization at risk -- especially as companies migrate to new technologies like virtual and cloud networks," added Cohen.

 

In addition, security solutions that make use of technologies like network modelling and attack vector analytics can provide insights about imminent and potential threats.


(Image Courtesy: Pixabay.com)

 

 

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