Imperva's CEO reveals his thoughts on the information security market
By Shlomo Kramer, CEO and chairman of Imperva.
Exponant, a value-added reseller for Imperva, today announced that the latter's CEO and chairman, Shlomo Kramer, who is recognised as one of the world's greatest information security entrepreneurs, has recently revealed his thoughts to Forbes magazine on where the information security market is headed.
The information security market is huge, generating $30 billion in annual sales. "It consists of two solution stacks," according to Kramer, "the $10 billion to $12 billion (annual revenues) endpoint market, represented by companies such as Symantec; and the similarly-sized network market, in which Check Point and Palo Alto Networks are leaders.
"These two solutions stacks are not enough to protect organisations from 'the new threat environment' emanating from external threat vectors such as mobile devices, Web applications, customers and partners, and the impact these are having on data centres," continued Kramer. "You don't have to look very far into the recent past to realise that things are different now from even a few months ago. For example, in January 2013, the New York Times and the Wall Street Journal reported that Chinese hackers had broken into their networks. We must not forget that, today, hackers are very sophisticated people driven by money, politics and/or military motives.
"Not surprisingly, I believe Imperva's offering is an excellent choice for companies seeking to protect themselves from this new threat environment," concluded Kramer, "a view that is also held by our 2 200 large enterprise customers that have adopted our solution."
Kramer has helped found three leading information security companies, ie Check Point Software, Palo Alto Networks and Imperva.
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Exponant is one of the Silver Sponsors at this year's Security Summit. The 8th annual ITWeb Security Summit will be held from 7 to 9 May 2013 at the Sandton Convention Centre. The gathering creates an opportunity for senior security professionals and business decision-makers to learn about new strategies and tactics, and hear insight and comment from leading international and local subject-matter experts. With expert insights, interactive workshops, an expo, valuable networking, sought-after SANS training and practical solutions, this is a must-attend event for every IT professional with a security mandate. For further information, visit www.securitysummit.co.za.