IT Giants Rapidly Expanding in the World of Zero Trust Security

Certainly, Zero Trust security‘s mantra “never trust; always verify” has resonated. There is a growing acceptance of Zero Trust in boardrooms across the globe, which has evolved from a buzzword to a business imperative and strategic differentiator. Zero Trust has been a hot issue in cybersecurity for over a decade; however, in recent years, it has quickly evolved from being a promising future strategy to being a crucial part of organizations’ security toolkits. In 2021, around 24% of the organizations reported to already have Zero Trust solutions in place, according to the IT service management company Okta, Inc.

On January 18, 2023, Xage Security, the US-based zero trust real-world cybersecurity company, unveiled its expansion throughout the Middle East. Xage has opened offices in Dubai, United Arab Emirates, Saudi Arabia, and Riyadh. To speed up the adoption across the Middle East, Xage has signed a partnership with Dubai-based CyberKnight.

On January 17, 2023, Hypori, Inc., the US-based SaaS company, announced the close of an initial $10.5 million Series B investment led by Hale Capital Partners with bonus funds from Series A investor GEN David Petraeus, GreatPoint Ventures, and other participants. A total investment of $18 million will enable Hypori to expand its services in the world of zero-trust bring-your-own-device (“BYOD”) with entirely no data at rest or in transit, which is expectedly to be secure enough for the Department of Defense for regulated commercial industries.

On January 10, 2023, AlertEnterprise, the US-based cyber-physical security convergence software company, signed a partnership agreement with Brivo Systems LLC, the US-based cloud-based access control and smart building technologies, to deliver Zero Trust physical and digital security to businesses across the world. Through this partnership, the Guardian cyber-physical security convergence cloud platform joins Brivo Access with HR and OT systems, enterprise IT applications, and IT directory services, such as Active Directory and LDAP.

On January 10, 2023, FileCloud, the US-based hyper-secure content collaboration platform developer, announced the launch of Zero Trust File Sharing, aiming to provide a new layer of hyper-security to the robust content collaboration platform. With this integration, enterprises can employ secure file sharing all over their network as part of a larger Zero Trust strategy.

As 2023 approaches, the cybersecurity industry is moving more quickly to manage the rising number of threats made against enterprises by malevolent sources and more advanced attack routes. In October 2022, Dell Technologies collaborated with CyberPoint International and the Maryland Innovation Security Institute (MISI) to open a Zero Trust Center of Excellence in Spring 2023 at DreamPort, US.

Leave a Comment