Internet Initiative Japan (IIJ), an Internet connectivity and network services provider, has become a Cylance MSSP partner. The company also will add the CylancePROTECT endpoint security management console to its Secure Endpoint Services next month, according to a prepared statement.
CylancePROTECT uses a machine learning-based algorithm to help organizations identify known and unknown cyber threats. By doing so, CylancePROTECT empowers organizations to predict and prevent cyberattacks, the company says.
With the IIJ-Cylance partnership, Japanese organizations can use CylancePROTECT to visualize their endpoint security status, the companies stated. They also can leverage CylancePROTECT to access a closed-area connection that does not require a virtual private network (VPN) layer.
Global Demand for AI-Based Security Solutions Is On the Rise
The addition of CylancePROTECT to IIJ's Secure Endpoint Services could help Cylance capitalize on the rising demand for artificial intelligence-based security solutions.
Increasing adoption of big data analytics, Internet of Things (IoT) and other advanced technologies and rising concerns about data security are expected to drive the growth of the AI in security market in the Asia-Pacific region, according to industry analyst Reportlinker. Also, a shortage of cybersecurity professionals globally could accelerate this market's growth.
Global AI in security market revenues are projected to increase at a compound annual growth rate (CAGR) of 31.4 percent between 2017 and 2025, Reportlinker said. Furthermore, this sector could be worth approximately $34.8 billion by 2025.
IIJ and Cylance: Here's What You Need to Know
Founded in 1992, IIJ offers Internet connectivity, systems integration, cloud computing and mobile services. The company also provides a variety of security services, including:
- Mail Security.
- Network Security.
- Web Security.
Cylance offers cybersecurity solutions that combine machine learning and AI technologies, and its solutions are deployed on over 10 million endpoints and protect more than 4,000 customers worldwide. The company previously launched Cylance Smart Antivirus predictive security software for consumers and closed a $120 million funding round this year.
Meanwhile, Cylance exceeded $130 million in annual revenues in fiscal year 2018 and recorded 177 percent year-over-year revenue growth in 2017. Rumors persist that Cylance may be gearing up for an IPO, and the company looks poised to accelerate its global expansion in the foreseeable future.