Darktrace is a cyber-defense provider that offers Enterprise Immune System technology to businesses. Today, it trumpeted its success in the Asia-Pacific region (APAC), announcing a 600 percent increase in deployments in APAC in the three months from July to September 2016. (DarkTrace Deployments)
The company will further promote its self-learning technology to businesses in the region by participating in the UK Department for International Trade’s ‘Singapore International Cyber WEek’ trade mission later this week, among other conventions and expos. Darktrace has also expanded its footprint in the region by establishing partnerships with regional operators such as Samsung SDS, telco giant Telstra, and India-based AGC Networks, all three of which have recently become resellers and distributors. Darktrace’s Enterprise Immune System now has 200 deployments in APAC.
“With an increasingly complex cyber security landscape and a substantial rise in inside threat, perimeter defenses are no longer enough to protect the network,” said Sanjay Aurora, Managing Director, APAC, Darktrace.
Aurora points to two major trends in cyber security. The first is that the proliferation of cloud services and SaaS applications has increased the scope for threat actors and security operators.This observations holds true in APAC, where the public cloud services market is on track to grow 12.8 percent in 2016 to $8.11 billion, up from $7.19 billion in 2015. SaaS is the fastest growth segment within this market and is projected grow 22.5 percent and garner $1.67 billion in revenue.
This has created significant blind spots for security operators who are unable to monitor certain critical data and user interactions, especially as SaaS applications allow employees to work over home networks and public Wi-Fi. According to Aurora, approximately 40 percent of all enterprise workloads currently run in public or private clouds, and 25 percent of all workloads are expected to run over SaaS applications by 2018.
The second observation is that growth in IoT adoption has also increased the possibility of security breaches, which can have serious offline consequences. The number of connected devices in APAC is set to increase from 3.1 billion to 8.6 billion by 2020.
One issue that exacerbates this vulnerability is the fact that many organizations fail to accurately assess the the number of connected devices in their networks, in part due to their complexity and scale.
“Organizations must now monitor everything that is going on in a digital enterprise and look for the unexpected. This can be challenging due to the sheer scale of the network and the number of connected devices. Instead of falling victim to complexity, businesses need to adopt an ‘immune system’ approach to cyber security and gain full visibility of their network using machine learning to spot cyber-threats early, before they do financial or reputational damage,” added Aurora. (DarkTrace Deployments)