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Enterprise Security Magazine | Tuesday, November 17, 2020
CyGlass and Redington have formed a strategic collaboration in response to India's increasing demand for cybersecurity services.
FREMONT, CA: CyGlass is a SaaS AI-driven network threat detection solution, and Redington, India's pre-eminent technology distributor. The companies have formed a strategic collaboration in response to India's increasing demand for cybersecurity services. The CyGlass Network Defense as a Service (NDaaS) will give SMB, mid-market, and enterprise customers in India cloud-based protection from attacks that they deal with across their network, with the help of automated anomaly detection and response for immediate defense.
It is expected that India's cybersecurity market will increase from USD 1.97 billion in 2019 to USD 3.05 billion by 2022. According to PWC, that is a compound annual growth rate that is almost one a half times the global rate. Such incredible growth results from an increasingly digital lifestyle and corresponding data consumption due to the increasing literacy rate that has led to an extended surface area of attack. Cyberattacks are also increasing in rate and sophistication, due to which it has become necessary for enterprises to conform to the growing number of regulations, directives, and guidelines.
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The value-added distributor, Redington, will allow CyGlass to help protect this increasingly vulnerable market by integrating network traffic analysis (NTA) into its cloud security and managed service offerings. The collaboration expands Redington's security abilities by leveraging CyGlass's Artificial Intelligence (AI), Machine Learning (ML), and analytics to provide solutions and services that will help the partners solve the increasing security problems faced by companies in the Indian market while securing critical assets and data. It even permits these customers to move away from signatures or rule-based security products, which are ineffective and leave the organizations more exposed and inundated with false positives to the extent that they struggle to recognize or block the threat.
R. Venkatesh, President, Enterprise Business Group at Redington said, "We are constantly looking out for innovative solutions to protect end-user technology portfolios and CyGlass' AI-based platform gives our security teams enhanced, real-time threat visibility from its machine learning and smart automation capabilities. In addition, the fast installation with no need for additional hardware or software, means that our partners are enabled to protect networks and digital assets faster than ever before."
Ed Jackowiak, CEO of CyGlass said, "The evolution of the Indian market has made cyber security an increasing priority for organisations in the region. Corporate network architectures are especially vulnerable as traditional security products can no longer scale and security teams don't have enough manpower to triage and respond to the number of security incidents. To survive the modern, sophisticated attacker, companies need AI to accelerate their cyber response with actionable intelligence and automated blocking. Only then will organizations be able to keep their critical IT assets and networks secure."
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