Australian application whitelisting software provider Airlock Digital has added $1.3 million in funding from AustCyber, a nonprofit organization that supports the growth of Australia's cybersecurity market. Airlock will use the funding to address work-from-home risks and Australia's cybersecurity ecosystem via MSPs and MSSPs, according to a prepared statement.
Airlock's software enables MSPs and MSSPs to perform application whitelisting at scale, the company said. The software provides centralized visibility across an organization's files, along with insights into when a file was first seen in an IT environment, where it came from and how it was executed.
In addition, Airlock's software tracks all network communications generated by files, the company stated. MSPs and MSSPs can use the software to search for a domain or IP address and find files that produced network communications.
Airlock also uses a 7 MB agent to limit its software's impact on endpoint resources, the company noted. Furthermore, Airlock helps organizations leverage its software to comply with HIPAA, PCI-DSS and other data security mandates.
Application Whitelisting: Here's What MSPs and MSSPs Need to Know
MSPs and MSSPs can deploy application whitelisting to ensure that only pre-approved programs can run across an organization's networks. Application whitelisting gives MSPs and MSSPs the ability to manage the demand on resources within a network; it also helps limit the risk of malicious programs running on networks that otherwise can contribute to lag time, outages and data breaches.
MSPs and MSSPs can deliver application whitelisting as part of a security-as-a-service (SECaaS) offering. In doing so, they could capitalize on the rising demand for SECaaS.
The global SECaaS market is projected to expand at a compound annual growth rate of 18.9 percent between 2020 and 2025, according to industry analyst MarketsandMarkets. This market also could be worth approximately $26.5 billion by 2025.