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ProtectWise Named A Gartner 2015 “Cool Vendor” In Cloud Security Services

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DENVER, May 6, 2015 /PRNewswire/ – ProtectWise, the provider of the Cloud Network DVR for enterprise security, has been included in the Gartner, Inc. report: “Cool Vendors in Cloud Security Services, 2015.”[i] The report notes, “Gartner’s Cool Vendors in cloud security services offer highly innovative technologies that address an organization’s demand for agile, responsive and cost-effective solutions.”

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“We believe inclusion in the Gartner ‘Cool Vendors in Cloud Security Services’ report validates the value of our disruptive cloud approach to enterprise network security,” said Scott Chasin, CEO and co-founder of ProtectWise.  “By leveraging the cloud, we give enterprises a level of visibility and detection of network security events, both in real time and retrospectively, that just isn’t possible using traditional, on-premises hardware solutions. This is imperative in a post-prevention world where network breaches go undetected for an average of more than six months.”

According to the Gartner report, “Attacks are increasing in frequency and sophistication. Advanced targeted attacks, fraud, distributed denial of service, man-in-the-middle attacks, and other common security and authentication attacks add to the headaches for chief information security officers (CISOs) brought by the disruptiveness of digital business. Digital business has been spawned by the Nexus of Forces, which brings mobile, cloud, social and big data together to deliver new business opportunities. Vendors are taking advantage of the service and cost reduction benefits of cloud computing for security use cases. Organizations are very interested in the potential of cloud security technologies to help improve security operations, tackle fraud and raise threat awareness. In Gartner’s security survey, nearly 70% of respondents had a high level of interest in cloud security.  Roughly 37% of those showing a high interest in cloud security intended to increase their investment by 10% or more.”

ProtectWise harnesses the power, elasticity and scale of the cloud to deliver complete visibility and detection of enterprise network threats and accelerated incident response. Its Cloud Network DVR acts like a virtual camera in the cloud, recording all network traffic and sending it to the ProtectWise cloud platform for storage and continuous analysis in real time and retrospectively.  The platform automatically analyzes historical data retrospectively using the most up to date threat intelligence–creating a time machine for threat detection.

This is combined with correlated, collective threat detection that reduces forensic noise and a revolutionary UI.  The UI’s advanced visualization provides security professionals and incident responders with a situational overview of security events that pivots quickly into a deep-dive forensic workbench.  Delivered as a service, the Cloud Network DVR can be deployed rapidly, even on distributed networks.

Launched in March 2015, ProtectWise is seeing significant early traction from enterprises, including Universal Music Group and Netflix.

ProtectWise will be exhibiting its Cloud Network DVR at the Gartner Security & Risk Management Summit, June 8-11 at the Gaylord National Resort & Convention Center in National Harbor Maryland. For more information visit:  http://www.gartner.com/technology/summits/na/security/

About ProtectWise
ProtectWise™ is disrupting the network security industry with its Cloud Network DVR, a virtual camera in the cloud that records everything on the network. The service allows security professionals to see threats in real time and continuously goes back in time to discover previously unknown threats automatically. The Cloud Network DVR delivers unique advantages over current network security solutions, including an unlimited retention window with full-fidelity forensic capacity, the industry’s only automated smart retrospection, advanced security visualization, and the ease and cost-savings of an on-demand deployment model. Founded in April 2013, the company is based in Denver with early adopters in media & entertainment, technology, financial services, and healthcare.  For more information visit www.protectwise.com.

Media Contact:
Dan O’Mahony for ProtectWise
+1.415.609.8921
protectwise@inkhouse.com

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Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

 

[i] Gartner “Cool Vendors in Cloud Security Services, 2015″ by Ray Wagner, Neil MacDonald, Avivah Litan, Adam Hils, Lawrence Orans, 24 April 2015.

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