The New Endpoint Security Market…

Venture capital investments in cybersecurity companies are aggressive these days but yesterday’s news was startling nonetheless. First, Cylance announced a round of $120 million led by Blackstone Tactical Opportunities. Cylance says that the funding will help it expand sales and marketing initiatives and extend its global footprint. Not to be outdone, Cylance archenemy CrowdStrike announced a round of $200m, led by General Atlantic and IVP, and now claims a valuation of more than $3 billion. Like its rival, CrowdStrike says that the new funding will go toward sales and marketing as well as product development. These two “unicorns” are not alone. Tanium and Cybereason have also enjoyed funding rounds of $100m while SentinelOne raised $70m in a series C round last year. Holy antivirus, Batman! Now all this VC investment seems a little crazy at first glance. After all, the entire endpoint security market is somewhere in the 5 to 7 billion-dollar range and its currently dominated by a cabal of vendors including Kaspersky Lab, McAfee, Sophos, Symantec, Trend Micro, and Webroot. Given this market reality, it’s fair to ask how the Sand Hill Rd. phat cats can justify this level of investment in a crowded and mature market. Yup, endpoint security investment is aggressive but there is some wisdom behind this VC strategy. Today’s endpoint security market no longer looks like the antivirus market circa 2008. Rather, it is transforming rapidly for several reasons: To read the complete article, CLICK...

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Are Enterprise Organizations Ready to Use Free AV Software?

Last year, ESG published a research report titled, Advanced Malware Detection and Protection Trends, based upon a survey of 315 security professionals working at enterprise organizations (i.e., more than 1,000 employees). In one question, ESG asked security professionals whether they agreed or disagreed with the following statement: “Commercial host-based security software (i.e., AV) is more or less the same as free security software.” It turns out that 36% of security professionals either “strongly agree” or “agree” with this statement, while another 25% are sitting on the fence (i.e., they neither agree nor disagree with the statement). To read the complete article, CLICK...

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