Skybox Security’s rapid expansion across Europe, the Middle East, and Africa (EMEA), as well as Asia Pacific and Japan (APJ), comes on the heels of high-profile hacks.
A global leader in security posture management, Skybox Security has announced accelerated global expansion to meet increasing market demand for its Security Posture Management Platform, which includes its Vulnerability Management solution.
Skybox Security increased new subscription customers by 86 percent in the first half of 2021, driven by client desire to improve security efficacy and reduce exposure risk across hybrid cloud and critical infrastructure. The company grew by 30% in major industries such as government, healthcare, manufacturing, and financial services during the same time period.
“Business and government leaders globally are leaning into the importance of proactively addressing cyber risk to prevent ransomware and supply chain attacks. Vulnerability Management is now taking center stage even at the top levels of government, as highlighted by the recent Biden Executive Order,” said Gidi Cohen, CEO and founder, Skybox Security. “The criticality of preventative cybersecurity has become more than a fear of being held for ransom. Cybersecurity is now impacting the daily lives and safety of global citizens – even putting our water, food, and energy supplies at risk.”
Skybox Security’s rapid expansion across Europe, the Middle East, and Africa (EMEA), as well as Asia Pacific and Japan (APJ), comes on the heels of high-profile hacks that highlight the importance of a data-driven, risk-based approach to Vulnerability Management. In the first half of 2021, Skybox Security experienced exceptional demand and sustained growth in EMEA, with transaction sizes increasing by 33% and average annual contract value increasing by 64%.
“There are two critical questions that every CISO must be able to answer to their board: Can you prevent a ransomware attack? And, can your company recover quickly?” commented Fred Saint-Joigny, Vice President of EMEA, Skybox Security. “The speed of digital transformation is dramatic. To answer those questions with confidence, leaders need full visibility and understanding of their attack surface and insights that highlight the right exposures to take action on – which is only possible through a multi-dimensional network model.”
Skybox Security will continue to spend heavily in expanding its operations in EMEA and APJ. The organisation has established itself as the go-to Security Posture Management partner for solution suppliers all over the world. Skybox increased channel sales by 35% in North America, EMEA, and APJ in the first half of 2021.
“With Skybox Security, CISOs can confidently prove they closed the most dangerous exposed vulnerabilities, ultimately preventing cyberattacks from damaging the business. Skybox models each customers’ unique threat landscape to understand how they could get breached,” said Shantanu Srivastava, Vice President of sales for APJ, Skybox Security. “The best breach is one that never happens. Our preventative approach exponentially decreases cyber risk through drastically reducing the enterprise attack surface.”