Herzliya, Israel, July 15, 2021 (GLOBE NEWSWIRE) — Safe-T® Group Ltd. (NASDAQ, TASE: SFET), a provider of secure access solutions and intelligent data collection, today announced that Quadrant Knowledge Solutions has named Safe-T as a 2021 emerging leader in the SPARK Matrix analysis of the global Zero Trust Network Security (ZTNS) market. Click here to read the report.
The Quadrant Knowledge Solutions SPARK Matrix™ includes a detailed analysis of global Zero Trust Network Security (ZTNS) market dynamics, major trends, vendor landscape, and competitive positioning. The study provides a competitive analysis and ranking of the major global vendors in the form of its SPARK Matrix, providing strategic information for users to evaluate different vendor capabilities, competitive differentiation, and market position.
According to Sachin Birajdar, Analyst at Quadrant Knowledge Solutions, “ZoneZero® SDP offers secured and transparent access to any internal application, service, and data for all user types, devices and locations. ZoneZero® SDP provides patented reverse-access technology to eliminate the need to open incoming ports in the organization’s firewall. ZoneZero® SDP offers clientless supports to TCP application, and ability to unify all the access use cases including internal and VPN users. ZoneZero® SDP also allows administrators to deploy new Software-Defined Perimeter (SDP) solutions, upgrade existing Virtual private network (VPN) infrastructure to Zero Trust Networks Access (ZTNA), and add Multi Factor Authentication)MFA( to any VPN, service, and application. With overall strong performance across the parameters of technology excellence and customer impact, Safe-T is positioned as the 2021 emerging leader in the global Zero Trust Network Security (ZTNS) market.”
The global ZTNS market is witnessing huge growth driven by continued investments in digital transformation projects leading to increased adoption of cloud and hybrid infrastructures, remote working, and rise in IoT devices, Bring Your Own Device (BYOD), and Wear Your Own Device (WYOD). According to the research “SPARK Matrix: Zero Trust Network Security (ZTNS), 2021,” a majority of the ZTNS solutions offer basic capabilities to secure user access to applications and information irrespective of the location, time, and nature of the device used. The solutions offer comprehensive capabilities including principle of least privilege, continuous adaptive authentication, granular and contextual access control, consistent meaningful policies, application-level access, and dark network defense. However, the breadth and depth of functionalities may differ between different vendors’ offerings. Driven by the increasing competition and emergence of a variety of vendors with different technological strengths, ZTNS vendors are increasingly looking at improving their product and market strategy and overall technology value proposition to remain competitive. The primary differentiators to evaluate ZTNS solutions include advanced security features, sophistication of technology platform, wide application and user support, integration and interoperability, ability to coexist with VPN, and such others.
Safe-T’s wholly owned subsidiary, Safe-T Data A.R Ltd., is an innovative provider of secure access solutions for on-premises and the hybrid cloud environment. Safe-T offers ZoneZero® SDP, a part of Safe-T’s ZoneZero Perimeter Access Orchestration suite, which provides central management of all secure-access technologies and allows organizations to achieve ZTNA. Safe-T supports existing VPN solutions and eliminates the need for network and access flow re-design. The platform offers secured access to all internal resources for all types of entities including people, applications, and connected devices. It is able to integrate with the latest access technologies making it suitable for both current and future access needs.
“We are proud to be recognized by Quadrant Knowledge Solutions as an emerging leader in the space of ZTNS. This is further testament to Safe-T’s strong position and ongoing leadership in the ZTNA market,” said Shachar Daniel, Chief Executive Officer of Safe-T.
For more information about ZoneZero® ZTNS Platform: Link
Safe-T Group Ltd. (Nasdaq, TASE: SFET) is a provider of access solutions and intelligent data collection.
Our cloud and on-premises solutions mitigate attacks on enterprises’ business-critical services and sensitive data, while ensuring uninterrupted business continuity. Organizations’ access use cases, whether into the organization or from the organization out to the internet, are secured according to the “validate first, access later” philosophy of Safe-T’s zero trust. This means that no one is trusted by default from inside or outside the network, and verification is required from everyone trying to gain access to resources on the network or in the cloud.
The wide range of access solutions, empowered by our patented reverse-access technology and proprietary routing technology, reduce organizations’ attack surface, improve their ability to defend against modern cyberthreats and enable them smooth digital transformation and to safely migrate to the cloud.
We also offer intelligent data collection cloud service, based on our world’s fastest and most advanced and secured business proxy network which enables clients to collect accurate, transparent and sensitive data from public online sources.
Safe-T’s solutions on AWS Marketplace are available here
For more information about Safe-T, visit www.safe-t.com
About Quadrant Knowledge Solutions:
Quadrant Knowledge Solutions is a global advisory and consulting firm focused on helping clients in achieving business transformation goals with Strategic Business and Growth advisory services. At Quadrant Knowledge Solutions, our vision is to become an integral part of our client’s business as a strategic knowledge partner. Our research and consulting deliverables are designed to provide comprehensive information and strategic insights for helping clients formulate growth strategies to survive and thrive in ever-changing business environments. For more available research, please visit https://quadrant-solutions.com/market-research/
This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and similar expressions or variations of such words are intended to identify forward-looking statements. For example, Safe-T is using forward-looking statements in this press release when it discusses the advantages of its ZoneZero® solution and the strong position and ongoing leadership of the Company in the ZTNA market. Because such statements deal with future events and are based on Safe-T’s current expectations, they are subject to various risks and uncertainties and actual results, performance or achievements of Safe-T could differ materially from those described in or implied by the statements in this press release. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading “Risk Factors” in Safe-T’s annual report on Form 20-F filed with the Securities and Exchange Commission (“SEC”) on March 22, 2021, and in any subsequent filings with the SEC. Except as otherwise required by law, Safe-T undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Safe-T is not responsible for the contents of third-party websites.
Spotlight Growth is compensated, either directly or via a third party, to provide investor relations services for its clients. Spotlight Growth creates exposure for companies through a customized marketing strategy, including design of promotional material, the drafting and editing of press releases and media placement.
All information on featured companies is provided by the companies profiled, or is available from public sources. Spotlight Growth and its employees are not a Registered Investment Advisor, Broker Dealer or a member of any association for other research providers in any jurisdiction whatsoever and we are not qualified to give financial advice. The information contained herein is based on external sources that Spotlight Growth believes to be reliable, but its accuracy is not guaranteed. Spotlight Growth may create reports and content that has been compensated by a company or third-parties, or for purposes of self-marketing. Spotlight Growth was compensated one thousand five hundred dollars and options representing 800,000 ordinary shares (the equivalent of 20,000 ADR shares) by Safe-T Group for the creation and dissemination of this content by the company.
This material does not represent a solicitation to buy or sell any securities. Certain statements contained herein constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may include, without limitation, statements with respect to the Company’s plans and objectives, projections, expectations and intentions. These forward-looking statements are based on current expectations, estimates and projections about the Company’s industry, management’s beliefs and certain assumptions made by management.
The above communication, the attachments and external Internet links provided are intended for informational purposes only and are not to be interpreted by the recipient as a solicitation to participate in securities offerings. Investments referenced may not be suitable for all investors and may not be permissible in certain jurisdictions.
Spotlight Growth and its affiliates, officers, directors, and employees may have bought or sold or may buy or sell shares in the companies discussed herein, which may be acquired prior, during or after the publication of these marketing materials. Spotlight Growth, its affiliates, officers, directors, and employees may sell the stock of said companies at any time and may profit in the event those shares rise in value. For more information on our disclosures, please visit: https://spotlightgrowth.com/disclosures/