IOT Security company ForeScout Technologies has announced it is the recipient of the Frost and Sullivan Growth Excellence Leadership Award in the network access control (NAC) market.
This recognises ForeScout as a growing global cybersecurity solutions provider and highlights its solutions that offer customers device visibility and control across multi-vendor environments in the extended enterprise.
Frost and Sullivan cybersecurity senior industry analyst Tony Massimini says, "ForeScout continues to deliver product innovation that is driving market share gains in a highly competitive industry."
"The company continues to add customers and devices under management at a rapid rate and has demonstrated sustained and consistent growth, while increasing its focus on IoT, OT, data centre, and cloud security. Frost & Sullivan is proud to bestow the 2018 Growth Excellence Leadership Award to ForeScout."
Frost and Sullivan research states that device visibility is critical because today’s enterprise networks have expanded beyond traditional endpoints given the explosion of IoT, the convergence of IT and operational technology (OT), and the migration to the cloud.
In an environment where every conceivable type of device is joining the network, ForeScout delivers an agentless solution to illuminate these devices and address the visibility gap, starting with network access control that provides policy-based access and contains, quarantines, or redirects devices if there are indicators of compromise or vulnerabilities.
ForeScout chief product officer Rob Greer says, "Network-based visibility into devices is critical since every device on the network presents a potential attack surface or entry point for bad actors.”
"The surge of IoT and OT devices in the enterprise pose significant security challenges as most of these devices are unable to support agents.
“Our agentless visibility, network access control and network segmentation capabilities provide foundational network security defense for enterprise networks.”
Frost and Sullivan granted ForeScout the award based on:
Growth performance: ForeScout has achieved the fastest growth rate in the NAC market. The company has outperformed in the overall market for several years and has gained market share as a result of brand recognition, channel partnerships, and technology partnerships as well as delivering innovation to customers and focusing on the needs of the rapidly changing market.
Customer impact: ForeScout addresses the dynamic changes and security challenges facing customers as they migrate quickly to public and private clouds, accelerate the convergence of IT and OT, and continue to increase IoT and bring-your-own-device (BYOD) adoption. Customers express a positive purchase, implementation, and support experience throughout the life of ForeScout’s solutions and exhibit high brand loyalty.
Solution offering: ForeScout focuses on high-growth solutions and its customers are benefitting from continuous visibility, policy-based automated control, and orchestration amongst third-party security vendors.