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Forcepoint sees business growth in UAE, CRO says – News

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Global brands work with thousands of global businesses and governments in more than 150 countries around the world.



Reuters

Reuters

Posted: Sunday, August 28, 2022, 6:34 pm

Last update time: Sunday, August 28, 2022 at 11:34 pm

Forcepoint Chief Revenue Officer (CRO) John DiLullo said Forcepoint, the world’s largest privately held cybersecurity company and a global leader in data-first cybersecurity, is bullish on its growth in the UAE.

The US-based global brand operates in more than 150 countries around the world. Nearly 13,000 organizations in 65 countries trust Forcepoint for an easier approach.

Today’s distributed enterprise presents greater challenges for security teams that need to respond to a rapidly evolving hybrid workforce and ever-expanding SaaS applications. Data is the cornerstone of today’s digital economy, and the opportunities for innovation and maliciousness surrounding it are immeasurable.

Currently, the company holds more than 400 patents and applications and employs more than 2,750 people.

“There are 50 to 100,000 people trying to stop cybercrime, which makes you wonder how many people are actually trying to commit cybercrime. The answer is that there are millions of people who are against the system. From state actors to independent contractors, implementing some of this The crimes were numerous,” DiLullo added.

“Some of the reasons behind these crimes include the amount of money involved, the number of opportunities and access to confidential information and the low risk. The chances of being prosecuted are almost zero.”

Forcepoint implements zero trust, where only row-by-row transactions are trusted in both data and applications. The Gulf business led by the UAE, followed by Saudi Arabia and Egypt, accounts for 10% to 15% of the global business.

How are businesses and businesses in the region adopting the concept of zero trust? “Zero Trust is a market that may only be 10% penetrated. The Zero Trust technology we offer is called Remote Browser Isolation. This adds a barrier that prevents users from downloading or touching any malicious content,” DiLullo added.

“We also use content disarmament and reconstruction (CDR) procedures, which typically dismantle documents and rebuild them from building blocks that we know are secure. That’s what zero trust is all about.”

Forcepoint was established in the region 14 years ago and continues to invest primarily in salespeople, engineers and technical support.

“We are investing in partnerships with different operators, service providers, partnerships with system integrators and value-added resellers of our technology. We are also investing in cloud providers. As more and more people respond The challenges of data privacy and starting to move into the public cloud are becoming available in the region; we plan to work with them as well,” he added. — sandhya@khaleejtimes.com

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