Firewall Provider To Capitalize on Revolutionary Shift in Web
Application Protection
DENVER (BUSINESS WIRE) lt;a href=”https://twitter.com/hashtag/WAF?src=hash” target=”_blank”gt;#WAFlt;/agt; ThreatX, the leading provider of SaaS-based web application firewall
(WAF) solutions, today announced that cybersecurity industry veterans
David Roshak and Mike Reagan have joined its executive team as CFO and
COO, respectively. The appointments are the latest in a series of moves
demonstrating the company’s unparalleled combination of innovative
technology and industry expertise that makes it the ideal solution to
today’s complex web application security challenges.
The WAF industry is undergoing a rapid shift to cloud-based solutions,
with major analyst firms predicting that more than 70 percent of WAF
deployments will be delivered as a cloud service or virtual appliance by
2020. Analyst firms also predict 2020 will see over half of all
public-facing web applications protected by cloud-based WAF platforms,
combining CDN, DDoS protection, and bot mitigation. ThreatX offers these
capabilities via a single solution, providing a behavior-based
application security approach that unlike other next-gen WAF’s, provides
complete visibility, reduces false positives, and prevents legitimate
traffic from being blocked.
The appointment of Roshak and Reagan positions ThreatX to build upon its
strong growth foundation and capitalize on the market shift to
cloud-based security solutions. A seasoned technology veteran with more
than 20 years of leadership experience, Roshak joins ThreatX from Optiv,
which was created in 2015 as a result of the Accuvant and FishNet
Security merger. With a strong financial, operational and channel
background and experience helping organizations seize market
opportunities, Roshak will play a pivotal role in ThreatX’s next phase
of growth.
A 30+ year industry veteran, Reagan comes to the company from leading
SIEM provider LogRhythm where he played a pivotal role in growing the
business from <$1M to over $150M in annual sales. Reagan has held
executive management roles in sales, marketing, business development,
and channel and product management and will lead the company’s strategy
development and drive the customer experience.
The new hires will work closely with ThreatX’s co-founder and CEO, Bret
Settle, and the rest of the executive team to build on the company’s
momentum as more organizations shift applications to the cloud and look
for accurate, adaptable, and easily deployable security solutions to
meet their needs.
Quotes
“The market is undergoing a rapid and fundamental
shift, and we’re helping more and more companies to securely migrate
their application architectures to the cloud. Bringing David and Mike on
board allows us to ramp up these efforts and tap their wealth of
industry knowledge to accelerate ThreatX’s growth and WAF market
leadership.”
Bret Settle, Co-Founder and CEO, ThreatX
“As enterprises continue to connect applications and migrate them to the
cloud, they must also focus on securing a large attack surface from a
continually advancing threat landscape. ThreatX has amazing momentum and
its behavior and risk-based web application firewall will fundamentally
transform how enterprises deploy and protect their web and cloud
applications from malicious threats. I am looking forward to helping the
company further capitalize on this opportunity and continue its rapid
growth.”
David Roshak, CFO, ThreatX
“ThreatX’s attacker centric, SaaS-based WAF is setting a new standard
for website and application protection. The company’s unique solution is
empowering enterprises around the globe to address the increasingly
sophisticated threat landscape and the simultaneous shortage of
cybersecurity professionals. I’m thrilled to be joining this team of
highly skilled and passionate security experts and establishing ThreatX
as a leader in this billion dollar market experiencing double-digit
growth.”
Mike Reagan, COO, ThreatX
About ThreatX
ThreatX is the only SaaS-based web application
firewall (WAF) solution that enables enterprises to confidently secure
all their web applications against a rapidly evolving threat landscape.
Purpose built for the hybrid-cloud, ThreatX delivers complete visibility
and the most precise threat detection and neutralization capabilities
available by combining progressive behavior profiling, collective threat
intelligence, and deep analytics with a managed service. ThreatX
eliminates the false positives and maintenance burdens associated with
1st generation WAFs and static, rule-based solutions.
Contacts
For ThreatX
Claire Rowberry, 617-785-5571
claire@clearcommsc.comDo you think you can beat this Sweet post? If so, you may have what it takes to become a Sweetcode contributor...Learn More.