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Check Point Software Technologies Launches CloudGuard SaaS Service

Check Point Software Technologies, the Israeli cybersecurity solutions provider, has launched the CloudGuard SaaS cloud security service. The company previously announced CloudGuard SaaS in February 2018.

CloudGuard SaaS protects organizations against malware, phishing and zero-day attacks and employee account takeovers, according to Check Point. It also helps organizations prevent data leakage.

CloudGuard SaaS uses artificial intelligence (AI) to detect malicious content on SaaS email accounts, Check Point stated. By doing so, CloudGuard SaaS helps organizations prevent cyberattacks against SaaS applications.

In addition, CloudGuard SaaS offers a variety of security capabilities, including:

  • Breach Prevention: Safeguards Microsoft Office 365 and Google G Suite attachments, as well as shared files and downloads on Box, OneDrive and other SaaS applications.
  • Identity Protection: Detects unauthorized access using transparent authentication to block account hijacks.
  • Threat Visibility: Provides visibility into unauthorized SaaS activity and allows IT teams to identify unsanctioned SaaS applications in use.

CloudGuard SaaS is now available.

What Does the CloudGuard SaaS Launch Mean for Check Point?

The CloudGuard SaaS launch could help Check Point extend its reach in a rapidly expanding global cloud security services market.

Global cloud security services market revenues could reach nearly $9 billion by 2020, according to technology research firm Gartner. The ability to use security controls that are delivered, updated and managed via the cloud and rising awareness of security threats are among the primary factors that are expected to drive this sector’s growth.

Furthermore, Check Point last month acquired Dome9, a public cloud security company, for an undisclosed sum. Check Point also has integrated Dome9’s security policy enforcement and multi-cloud protection capabilities into its Infinity security architecture.

What Is Check Point?

Founded in 1993, Check Point offers cybersecurity solutions that protect data in cloud, mobile and network environments. Check Point’s cybersecurity solutions today are used to safeguard over 100,000 organizations against malware, ransomware and other cyberattacks.

Check Point recorded nearly $1.86 billion in total revenue in 2017, up 7 percent year over year. The company also posted security subscriptions revenues of $130 million last year, which represented an 18 percent year-over-year increase.

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