STOCK TITAN

Introducing Check Point Harmony SaaS: The Cutting-Edge Solution for SaaS Threat Prevention

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary
Check Point Software Technologies Ltd. introduces Harmony SaaS, a cutting-edge solution for SaaS security, offering real-time threat prevention and attack surface reduction. The platform seamlessly integrates AI-powered technologies to protect sensitive data and assets, addressing the challenges of SaaS adoption and cyber threats.
Positive
  • None.
Negative
  • None.

The introduction of Check Point Harmony SaaS represents a significant development in the cybersecurity industry, particularly in the area of Software as a Service (SaaS) security. The product's focus on automated threat prevention and continuous attack surface reduction is a response to the growing complexity and risks associated with SaaS applications, which have become integral to modern business operations.

The use of behavior-based machine learning and a comprehensive database of threat indicators positions Harmony SaaS as a sophisticated tool for proactively identifying and mitigating potential threats. This proactive stance is crucial given the statistics indicating high rates of data exposure and security incidents due to SaaS applications. By addressing common security challenges such as data theft, account takeover and file poisoning, Harmony SaaS provides a more secure environment for businesses to operate in the cloud.

The emphasis on ease of integration and deployment, with a cloud-native setup that is operational within minutes, is a notable advantage over traditional security solutions. This reduced time-to-value is particularly valuable for organizations looking to swiftly enhance their security posture without the need for extensive IT resources or expertise.

The SaaS model has increasingly become a cornerstone of enterprise IT architecture, necessitating advanced security solutions that can keep pace with the evolving threat landscape. Check Point Harmony SaaS not only offers real-time threat prevention but also provides insights into the SaaS ecosystem of an organization. The ability to discover and analyze interconnections between SaaS services and to prioritize remediation efforts based on risk scores is a critical feature that can significantly enhance an organization's security strategy.

Additionally, the capability to mitigate security gaps with a single click reflects a move towards greater security automation and user-friendly interfaces, which are essential for enabling businesses to respond quickly to threats. The focus on continuous attack surface reduction is also indicative of a shift from reactive to proactive security measures, emphasizing the importance of ongoing vigilance in protecting sensitive data and assets.

From a financial perspective, the launch of Harmony SaaS by Check Point Software Technologies could have a positive impact on the company's market positioning and revenue streams. As businesses continue to adopt SaaS solutions at a rapid pace, the demand for robust security measures is likely to increase. Check Point's offering in this space could attract new customers and retain existing ones by providing a differentiated product that addresses current security pain points.

Investors should consider the potential for Harmony SaaS to capture market share from competitors, especially given the product's emphasis on machine learning, ease of deployment and automation. These features could lead to competitive advantages in terms of customer acquisition and satisfaction. However, it is important to monitor the adoption rate and customer feedback post-launch to assess the actual market impact and financial performance relative to expectations and industry benchmarks.

Transforming SaaS Security with Automated Threat Prevention and Continuous Attack Surface Reduction

LAS VEGAS, March 06, 2024 (GLOBE NEWSWIRE) -- CPX -- Check Point® Software Technologies Ltd. (NASDAQ: CHKP), a leading AI-powered, cloud-delivered cyber security platform provider, today introduced Harmony SaaS, one of the most advanced solutions for safeguarding against SaaS-based threats. Designed to revolutionize Software as a Service (SaaS) security, Harmony SaaS offers exceptional protection by seamlessly integrating into customers’ existing infrastructure and providing real-time threat prevention.

"With the exponential rise in SaaS adoption, organizations face unprecedented challenges in maintaining robust security and regulatory compliance. Check Point Harmony SaaS represents a pivotal advancement in our mission to provide cutting-edge cyber security solutions,” said Eyal Manor, VP of Product Management at Check Point Software Technologies. “By seamlessly integrating AI-powered threat prevention and continuous attack surface reduction, Harmony SaaS empowers organizations to stay ahead of evolving threats in the SaaS landscape, ensuring robust protection for their sensitive data and critical assets."

“Enterprises are taking note of the key role of SaaS in their IT architecture, and the importance of safeguarding their SaaS ecosystems against cyber threats including Shadow IT, data theft, and account takeover, leading to rapid adoption of CASB and SSPM solutions. However, holistic SaaS security requires the ability to discover SaaS applications in use, how the apps interact with each other, advanced threat prevention, and security automation,” said Christopher Rodriguez, Research Director, IDC Security & Trust. “Check Point Harmony SaaS addresses a key need, preventing SaaS-based threats via machine learning engines to discover applications being used, analyze app connections, and automatically stop potential threats in real-time.”

In today's digital landscape, SaaS has become essential for businesses, yet it brings significant risks to both users and data. Within these platforms, sensitive data such as personal records, payment information, and source code are vulnerable. The complexity of securing SaaS applications, compounded by numerous connected services and third-party integrations, increases the risk of data leakage and unauthorized access. Recent statistics underscore the severity of the situation, with approximately 81% of organizations reporting they have experienced data exposure due to SaaS applications, and 43% have encountered security incidents linked to SaaS misconfigurations. Traditional solutions have fallen short in effectively addressing these challenges, struggling to automatically prevent risky SaaS connections, expedite SaaS discovery, and identify misconfigurations.

“Check Point Harmony SaaS is a central tool that helped and continues to help us discover, investigate and remediate our SaaS usage,” said Antoine Noel, CISO, Cloudreach. “Instead of taking a “blanket ban” approach, it gives us more flexibility and in-depth visibility to make better informed decisions so we can continue to reduce the likelihood of shadow SaaS and associated risk. And being true to themselves the setup is cloud native and very straightforward.”

With Harmony SaaS, organizations can safeguard their SaaS ecosystem against threats such as data theft and account takeover. Unlike traditional solutions, Harmony SaaS installs within minutes, continually reduces your attack surface, and automatically prevents threats as they arise. Key Harmony SaaS Features include:

  • Automatic Threat Prevention: Leveraging behavior-based machine learning and the most complete repository of SaaS-related threat indicators and attributes, Check Point Harmony SaaS proactively prevents data theft, account takeover, file poisoning, and other SaaS attack vectors. Harmony SaaS automatically stops anomalous activity, ensuring the security of sensitive data.
  • Continuous Attack Surface Reduction: Delivers insights into an organizations’ SaaS ecosystem, prioritizing recommendations, and remediating security gaps to reduce the attack surface. Organizations can easily discover interconnections between SaaS services, gain insights on each service's risk score, and mitigate security gaps with just a click of a button.
  • Best Time-to-Value: The standard path to uncover Shadow SaaS entails lengthy integration work with CASBs or SSEs, which in turn analyze firewall and web gateway logs to discover unsanctioned SaaS applications. Harmony SaaS enables quick deployment with a 100% cloud solution that requires no additional hardware or expertise. Within minutes, users can access valuable information, insights, and policies to effectively manage your SaaS security.

Availability

Check Point Harmony SaaS is available immediately through our network of global partners. For more details about Check Point Harmony SaaS, visit: https://www.checkpoint.com/harmony/saas/

Follow Check Point Software via:
LinkedIn: https://www.linkedin.com/company/check-point-software-technologies
X (Formerly known as Twitter): https://www.twitter.com/checkpointsw
Blog: https://blog.checkpoint.com
YouTube: https://www.youtube.com/user/CPGlobal

About Check Point Software Technologies Ltd.

Check Point Software Technologies Ltd. (www.checkpoint.com) is a leading AI-powered, cloud-delivered cyber security platform provider protecting over 100,000 organizations worldwide. Check Point leverages the power of AI everywhere to enhance cyber security efficiency and accuracy through its Infinity Platform, with industry-leading catch rates enabling proactive threat anticipation and smarter, faster response times. The comprehensive platform includes cloud-delivered technologies consisting of Check Point Harmony to secure the workspace, Check Point CloudGuard to secure the cloud, Check Point Quantum to secure the network, and Check Point Infinity Core Services for collaborative security operations and services.

MEDIA CONTACT: INVESTOR CONTACT:
Liz Wu  Kip E. Meintzer
Check Point Software Technologies Check Point Software Technologies
press@checkpoint.com ir@checkpoint.com


 


FAQ

What is the latest solution introduced by Check Point Software Technologies Ltd. for SaaS security?

Check Point Software Technologies Ltd. has introduced Harmony SaaS, a state-of-the-art solution for safeguarding against SaaS-based threats.

What are the key features of Harmony SaaS?

Harmony SaaS offers automatic threat prevention using behavior-based machine learning and continuous attack surface reduction. It provides insights into an organization's SaaS ecosystem, prioritizes recommendations, and reduces security gaps.

How does Harmony SaaS help organizations in safeguarding their SaaS ecosystem?

Harmony SaaS helps organizations prevent data theft, account takeover, file poisoning, and other SaaS attack vectors through automatic threat prevention. It also reduces the attack surface by discovering interconnections between SaaS services and mitigating security gaps.

Is Harmony SaaS easy to deploy?

Yes, Harmony SaaS installs within minutes and requires no additional hardware or expertise for deployment. Users can access valuable information, insights, and policies quickly to effectively manage their SaaS security.

Where can organizations access Check Point Harmony SaaS?

Check Point Harmony SaaS is available immediately through the company's network of global partners.

Check Point Software Technologies Ltd

NASDAQ:CHKP

CHKP Rankings

CHKP Latest News

CHKP Stock Data

17.24B
87.91M
22.05%
74.2%
2.72%
Software Publishers
Information
Link
United States of America
5 Shlomo Kaplan Street

About CHKP

check point software technologies ltd. is the largest network cyber security vendor globally, providing industry-leading solutions and protecting customers from cyberattacks with an unmatched catch rate of malware and other types of threats. check point offers a complete security architecture defending enterprises – from networks to mobile devices – in addition to the most comprehensive and intuitive security management. check point protects over 100,000 organizations of all sizes.