Crowdstrike Holdings Inc.

08/29/2024 | Press release | Distributed by Public on 08/29/2024 06:30

CrowdStrike Named a Leader in Frost & Sullivan CWPP Radar, Demonstrating Strong Innovation and Growth

CrowdStrike Named a Leader in Frost & Sullivan CWPP Radar, Demonstrating Strong Innovation and Growth

CrowdStrike solidifies its market leadership with continued innovation and growth in cloud workload protection.

CrowdStrike is excited to announce we have been named a leader in Frost & Sullivan's Cloud Workload Protection Platform (CWPP) Radar for the second consecutive year. This recognition validates our continued innovation and growth in cloud security and our commitment to providing a unified cloud security approach and powerful workload security capabilities.

Organizations increasingly understand the importance of a comprehensive approach to cloud defense: The CrowdStrike 2024 Global Threat Report found cloud exploitation cases grew by 75% year-over-year in 2023, and cases involving threat actors targeting the cloud were up 110%. In light of this rapidly growing threat, it is vital for businesses to have cloud security that stops breaches.

Frost & Sullivan's report highlights why CrowdStrike offers the full breadth of cloud security capabilities organizations need: "CrowdStrike is an innovation leader on this Frost Radar™ for its unified cloud security approach and powerful workload security capabilities," it states. CrowdStrike Falcon® Cloud Security offers a comprehensive suite of tools to secure cloud environments, integrating multiple security functions to provide robust visibility, vulnerability management, runtime protection and compliance management for multi-cloud environments.

Our CWPP is an integral part of the Falcon Cloud Security solution, with capabilities to manage and secure virtual machines (VMs), applications, hosts, containers, Kubernetes and serverless environments. It provides full visibility into, and protection of, modern cloud resources and workloads so organizations can discover hidden threats and identify and address vulnerabilities and misconfigurations.

Let's take a closer look at the key drivers making CrowdStrike CWPP a leader in the Frost & Sullivan's Cloud Workload Protection Platform (CWPP) Radar.

Seamless Integration and Unparalleled Innovation

Anh Tien Vu, Industry Principal, Global Cybersecurity Research at Frost & Sullivan, says, "CrowdStrike Falcon Cloud Security has become a pioneer in cloud detection and response (CDR), leveraging its strengths in threat intel and managed detection and response (MDR) services."

The Frost & Sullivan report emphasizes the importance of MDR integration. "The deep combination of technology and its world-class MDR and threat-hunting expertise allows for comprehensive threat visibility and protection across endpoints, workloads, and cloud environments," the report states.

Our ongoing efforts to build new capabilities over the past year set the stage for future innovations. Further, our recent investments in M&A with Bionic and Flow Security to expand our capabilities in managing data protection and application risks are a testament to our strong commitment to technology innovation and business transformation.

The advancements continue to accelerate. Since February 2024, CrowdStrike has added or improved technology features within Falcon Cloud Security to strengthen cloud security, including:

  • Integrated Application Security Posture Management (ASPM): CrowdStrike brings together the most critical CNAPP capabilities in a single, cloud-native platform, delivering the deep visibility, DevOps workflow integrations and incident response capabilities teams need to secure their cloud infrastructure and applications.
  • Expanded Multi-cloud Support: Vulnerability assessments are available for serverless functions across AWS, Google Cloud and Azure. Falcon Cloud Security supports Google Cloud Run and GKE Autopilot and includes enhanced features for more effective operations of Red Hat Environments.
  • Augmented Cloud Detection and Response:Image assessment at runtime provides a continuous and holistic view of the security health of containers. Expanded cloud threat hunting capabilities and broader visibility into cloud resources help to quickly investigate attacks and proactively resolve cloud weaknesses. And you can investigate findings faster with Query Builder.
  • Broader Shift-Left Capabilities: Prevent non-compliant containers from deploying, while stopping crash loops with new Kubernetes Admission Controller functionality.

Frost & Sullivan highlights CrowdStrike's innovative use of new technologies and extensive threat intelligence to enhance security for cloud environments. Falcon Cloud Security leverages behavior analytics, artificial intelligence and machine learning capabilities, globally well-trained security data and extensive library of attack (IOAs) to detect threats, strengthening the security posture of cloud workloads and applications.

"The fully integrated Falcon Cloud Security SKU package, combining CWPP, CSPM, and CIEM, simplifies the security management process, making it more efficient and effective than turning to the highly bespoke cloud security sector," Frost & Sullivan states.

A Fast-Growing Cloud Security Player

Frost & Sullivan notes that CrowdStrike has maintained an impressive growth momentum over the last few years, becoming one of the fastest-growing and largest players in terms of revenue in the CNAPP industry in 2023.

The factors driving this strong growth include Falcon Cloud Security's advanced runtime protection, extensive platform support and integration with XDR and MDR services. These position Falcon Cloud Security as a leading choice for organizations seeking to enhance their cloud security posture and detection and response capabilities against evolving threats.

"CrowdStrike's steady growth momentum, extensive customer base from XDR/EDR offerings, and robust channel partner ecosystem are the main reasons for its position on the Growth index." The report further stated that CrowdStrike's rapid growth momentum is expected to increase the gap with its closest competitors in the market while bridging the gap with the largest player in the next 1-3 years.

The Power of Falcon Cloud Security

A comprehensive approach to cloud defense is critical as adversaries target cloud environments and as the enterprise attack surface quickly grows. CrowdStrike is the first cloud security vendor to natively secure businesses in the cloud by providing complete visibility across cloud and app-level risks. Falcon Cloud Security's advantages include:

  • The ability to stop breaches faster with the world's only unified agent and agentless approach to cloud security, extending from code to cloud in a single platform. It covers the full breadth of cloud security capabilities with pre-runtime, run-time protection and agentless technology.
  • A range of cloud threat detection and response services including incident response, threat hunting, assessment and 24/7 MDR services protects an organization's entire cloud estate.
  • We help teams reduce alert fatigue by correlating cloud risks to apps and services, allowing them to focus on the violations with the most business risk.
  • Use of the industry's best threat intelligence built into the cloud security platform continuously improves IOAs and leads to a smaller attack surface and improved mean time to respond with auto-remediation.

Cloud security is essential to a strong defense against evolving cybersecurity threats. We are excited the Frost & Sullivan Radar has recognized CrowdStrike Falcon Cloud Security as an innovation leader for our unified cloud security approach and powerful workload security capabilities. We believe this is a strong testament to our ability to deliver the full range of CWPP features needed to prevent, identify and remediate cloud-focused threats.

Download the full Frost & Sullivan report to learn what CrowdStrike can offer organizations seeking robust and comprehensive CWPP capabilities - and why we have one of the largest and fastest-growing cloud security businesses in the industry.

Check out our demo to see Falcon Cloud Security in action.

Additional Resources

  • Read the press release.
  • Learn more about how to protect your cloud environment at Fal.Con 2024, the can't-miss cybersecurity experience of the year. Register now and meet us in Las Vegas, Sept. 16-19!
  • Stop breaches from code to cloud: See and secure everything across your clouds, your applications, and your data.
  • CrowdStrike Falcon Cloud Security: The Only CNAPP to Stop Breaches with definitive protection for everything you build and run in the cloud.

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