Austin, Texas (PRWEB) November 17, 2015
StratoKey, today announced it debuted at #71 in the Cybersecurity 500, a directory of the hottest and most innovative cybersecurity companies to watch according to Cybersecurity Ventures. StratoKey is the only Australian company to be named in the top 100 hottest cyber security companies worldwide.
"StratoKey is the first product of its kind in the cloud data protection market and really sets the bar for the next generation of cloud security products,” said Anthony Scotney, founder and CEO, StratoKey. “To be recognized as the #71 cybersecurity company in the Cybersecurity 500 is an honor and is testament to the dedication and skill of our employees and the unique capabilities of StratoKey.”
The cybersecurity industry is expected to grow to $170 billion by 2020, according to the Cybersecurity 500 report – with aerospace, defense and intelligence vertical continuing to be the largest contributor to cybersecurity solutions.
StratoKey is a key innovator in the Cloud Access Security Broker market. Combining four fundamental pieces of cloud data protection: best-in-class in-app encryption, live monitoring, user behavioral analysis and automated defensive countermeasures, StratoKey sets the technical standard for the category with a highly scalable cloud data protection product. The StratoKey platform is application agnostic, protecting any cloud or SaaS application and providing organizations with one complete security solution for their entire cloud portfolio.
“StratoKey delivers big time on protecting SaaS apps against data breaches in the cloud,” says Steve Morgan, founder and CEO at Cybersecurity Ventures and Editor-In-Chief of the Cybersecurity 500 list of the world’s hottest and most innovative cybersecurity companies. “StratoKey enables its customers to mix and match encryption strength to data confidentiality. They have deep domain knowledge and a strong track record of securing data in the cloud. They belong on the short list for any organization who is evaluating their cloud application security strategy.”
Selection criteria for the Cybersecurity 500 includes factors such as cybersecurity sector, customer base, feedback from CISO's and decision makers, company growth, demos and presentations at conferences, media coverage and notable implementations. Ranking #71 in the Cybersecurity 500 builds on the momentum StratoKey has been experiencing the past year. StratoKey has received critical acclaim for its intelligent cloud data protection solution. In addition to a robust portfolio of global clients and partnerships, the company was named a finalist in the RSA Conference's Most Innovative Company awards for Asia Pacific and Japan. For more information about StratoKey, visit http://www.stratokey.com.
About StratoKey
Established in 2012, and with a presence in both Australia and the US, StratoKey’s intelligent cloud data protection secures cloud and SaaS applications against data breaches, enabling organizations to conduct secure and compliant business in the cloud, knowing that sensitive data is protected.
Through the use of best-in-class encryption, paired with behavioral analytics and a formidable set of automated defensive countermeasures, StratoKey can detect and block bad actors, even if both parties share the same username and password.
StratoKey is application agnostic and transparent to users, providing organizations with one complete security solution for all their cloud and SaaS apps. StratoKey allows employees the freedom to use the best cloud and SaaS tools whilst giving organizations peace of mind that their data is protected in the unlikely event of a data breach.
For more information please visit http://www.stratokey.com and follow StratoKey on Twitter @StratoKey.