Vaultive Named a Vendor to Watch in the Gartner Magic Quadrant for Cloud Access Security Brokers
BOSTON, DECEMBER 8, 2017 – Vaultive, an innovator in cloud data security, today announced that it has been named a Vendor to Watch in the Gartner Magic Quadrant for Cloud Access Security Brokers. Gartner defines the cloud access security broker (CASB) market as “products and services that provide visibility into general cloud application usage, data protection and governance for enterprise-sanctioned cloud applications.”
“While the early days of the CASB market were defined by shadow IT discovery, most organizations have now shifted their attention to the protection of sanctioned cloud applications,” said Jonas Hellgren, CEO, Vaultive. “Vaultive has been focused on solving this problem since day one, and we feel Gartner is noting our capabilities in this area in its first-ever Magic Quadrant for Cloud Access Security Brokers.”
In Gartner’s Forecast Snapshot: Cloud Access Security Broker, Worldwide, 2017, the firm forecasted that “Strong growth in sanctioned and unsanctioned use of SaaS and IaaS will drive end-user CASB spending, from $150.7 million in 2015 to $713 million in 2020.” According to the Magic Quadrant for Cloud Access Security Brokers report, Gartner predicts that “By 2020, 60 percent of large enterprises will use a CASB to govern cloud services, up from less than 10% today.”
Through its focus on protecting sanctioned cloud applications, Vaultive offers enterprises a powerful set of cloud security and governance capabilities, including:
- Context-Aware Policy Controls: The Vaultive platform can inspect user sessions in real-time and enforce a wide range of policies, including user behavior shaping, step-up authentication, and cloud privilege management.
- Feature-Preserving Encryption: Vaultive’s patented cloud encryption approach fully isolates data from cloud providers while preserving functions that are essential to user experience, including searching and sorting.
- Granular Auditing and Alerting: Vaultive’s multi-mode architecture can apply both inline and API-based inspection to capture granular cloud security event information across multi-cloud environments.
The Vaultive platform’s scalability and reliability are proven in some of the world’s most demanding, globally distributed enterprise IT environments. Visit Vaultive.com to learn more and request a demo.
Gartner, “Magic Quadrant for Cloud Access Security Brokers,” Steve Riley, Craig Lawson, 30 November 2017.
Gartner, “Forecast Snapshot: Cloud Access Security Broker, Worldwide, 2017” Sid Deshpande, 16 March 2017.
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Vaultive addresses the most pressing security issues that prevent enterprises from adopting cloud services, including data security, regulatory compliance, international data privacy laws, and government data access concerns. The Vaultive Cloud Security Platform puts powerful policy, data encryption, and auditing capabilities directly in the hands of the IT team while preserving a seamless and responsive cloud application experience for users. Its flexible and highly scalable architecture helps IT teams apply a unified set of cloud security controls and best practices across all their cloud applications. Vaultive is headquartered in Boston with research and development in Tel Aviv. For more information, visit: www.vaultive.com.