This year, Check Point Software will invest $ 100 million in its cloud security business and plans to hire a hundred more developers to an already robust cloud security template. The new initiative helps address a growing need for organizations around the world that have been forced to operate remotely due to the coronavirus pandemic, as they are now subject to a new class of cyber threats. aimed at their cloud environments.
The initiative is based on Check Point Software’s current drive for cloud security. Last year, the company generated more than $ 100 million in revenue for its cloud security business. The company also made four cloud acquisitions in the past 24 months, with 500 engineers dedicated to the cloud, with more than 4,000 customers worldwide and more than $ 100 million in sales by 2020. And today:
- 1 in 4 Fortune 500 worldwide uses Check Point cloud security products (and 1 in 5 in 2000)
- 1 in 3 largest banks in the world use Check Point’s cloud security (S&P) products
- 1 in 5 leading U.S. retailers use Check Point cloud security (NRF) products
Appointment: TJ (Tsion) Gonen, head of security in the cloud at the checkpoint:
“The rapid adoption of the cloud carries a greater risk of security in the cloud. In a post-pandemic world with accelerated cloud computing, remote workforce, dynamic network access, and more attack vectors for cloud-threatening actors, organizations everywhere need to make sure that your business is safe in the cloud and is ready for the next cyberpandemic. To address the need, we made a number of recent acquisitions that are now integrated into a powerful offering: our CloudGuard platform, which provides automatic native security to the cloud in a multi-cloud environment. So now we’re announcing a global initiative to invest $ 100 million in our cloud offering, with plans to hire a hundred more developers into our already solid cloud security workforce. Check Point is the only cloud security provider to offer a unified platform that protects networks and applications in AWS, AZURE, ORACLE, Ali and Google. For more than 4,000 organizations, Cloud Security is a checkpoint, and with these additional investment initiatives, we look forward to helping thousands more organizations embrace the cloud with confidence. ”