Latest news with #BarryMainz
Business Wire
22-04-2025
- Business
- Business Wire
Forescout Delivers Solid Top- and Bottom-line Growth in 2024
SAN JOSE, Calif.--(BUSINESS WIRE)--Forescout Technologies Inc., a global cybersecurity leader, today announced the company's strong 2024 performance with solid top- and bottom-line growth including a 20% increase in new recurring bookings, 48 deals with a value of over $1 million, and exceptional growth in EMEA, Latin America, and the US Department of Defense. "Our momentum in 2024 reflects the demand for a platform solution that delivers asset intelligence and control across every environment,' said Barry Mainz, CEO of Forescout. Share Fortune 100 organizations, government agencies and large enterprises use the Forescout 4D Platform™ to discover, assess, respond, and control all managed, unmanaged, and unagentable devices across IT, OT, IoT, and IoMT environments. 'The Forescout platform safeguards millions of connected devices across mission-critical verticals worldwide including healthcare, manufacturing, energy, critical infrastructure, financial services, and government,' said Barry Mainz, CEO of Forescout. 'For years, we've talked about the need for security convergence across IT, OT, IoMT and IoT but the increase in threats to our critical industries and systems is making this convergence real and that's driving our business. Our momentum in 2024 reflects the demand for a platform solution that delivers asset intelligence and control across every environment.' 2024 Financial Highlights 20% increase in new recurring bookings Second year cash flow positive Closed 48 $1M+ deals Grew US Department of Defense business 38% year-over-year Strong year-over-year growth in key geographies: EMEA grew 21% and Latin America grew 44% 2024 Business Highlights Signed strategic partnership with Microsoft to secure managed and unmanaged devices. Won over 220 new customers including over 20 new customers across both US Defense and Civilian agencies. Launched Forescout for OT Security enabling organizations to secure complex IT, OT, IoMT and IoT environments in cloud, air-gapped, or hybrid configurations. Launched Forescout AI which provides clear narratives that highlight crucial details about connected devices, potential causes of incidents, and recommended remediation steps. Launched OT Forescout Fly Away Kits: a portable cybersecurity solution optimized for assessments of air-gapped and low-bandwidth systems. Expanded Forescout Research – Vedere Labs threat intelligence sharing to the Operational Technology Information Sharing and Analysis Center (OT-ISAC) in addition to the Cybersecurity and Infrastructure Security Agency (CISA), Australian Signal Directorate Cyber Security Centre, European Energy Information Sharing & Analysis Center (EE-ISAC) and Emerging Threat Open Sharing. 2024 Recognition and Achievements Forescout's Operational Technology (OT) Solution was awarded a National Information Assurance Partnership (NIAP) Common Criteria certificate, the only specialized OT solution to receive this designation. Forescout's cloud security solutions achieved Information Security Registered Assessors Program (IRAP) certification at Protected level. Winner of the 2024 Cybersecurity Breakthrough Awards for IoT Security Analytics Solution of the Year Winner of the Cyber Defense Magazine's 2024 Global InfoSec Awards for Next-Generation OT Security Solution About Forescout For more than 20 years, Fortune 100 organizations, government agencies, and large enterprises have trusted Forescout as their foundation to manage cyber risk, ensure compliance, and mitigate threats. The Forescout 4D Platform™ delivers comprehensive asset intelligence, continuous assessment, and ongoing control over all managed and unmanaged, agented and un-agentable assets across IT, OT, IoT, and IoMT environments. Forescout's open platform makes every cybersecurity investment more effective with seamless data integrations and automated workflow orchestration across more than 100 security and IT products. Forescout Research – Vedere Labs is the industry leader in device intelligence, curating unique and proprietary threat intelligence that powers Forescout's platform.
Associated Press
20-03-2025
- Business
- Associated Press
Forescout Receives 2025 Cyber Excellence Award for its Unified Platform to Secure Healthcare Networks
SAN JOSE, Calif.--(BUSINESS WIRE)--Mar 20, 2025-- Forescout Technologies Inc., a global cybersecurity leader, today announced it received recognition from the 2025 Cybersecurity Excellence Awards for its Internet of Medical Things (IoMT) Security solution. This accolade underscores Forescout's commitment to strengthening healthcare security by providing complete visibility, asset intelligence, and control across IT, OT, IoT, and IoMT environments. This recognition follows Forescout's recent 2025 Global Medical Device Security Product Leadership Award from Frost & Sullivan and Forescout Vedere Labs' expanded threat intelligence sharing, now including the Health Information Sharing and Analysis Center (Health-ISAC). These milestones further reinforce Forescout's leadership in providing situational awareness around healthcare cybersecurity threats and establishing itself as a key partner to healthcare security teams. With over 200 healthcare customers managing 400,000+ hospital beds globally, Forescout is a trusted partner in securing critical healthcare networks and life-saving equipment. St. Luke's University Health Network, for example, leverages Forescout's platform for asset intelligence, ensuring all network assets remain compliant, secure, or quarantined. Forescout data also enhances St. Luke's Microsoft Defender and Azure operation, enabling full visibility and a true Zero Trust approach. Learn more about St. Luke's zero trust strategies in the on-demand webinar. More customer success stories and testimonials are available here. 'With more medical devices connected to the Internet, healthcare has been left more exposed than ever—putting operations, patient data, and even lives at risk,' said Barry Mainz, CEO of Forescout. 'We help organizations secure every device with visibility, automation, and control, so they can stay online and focused on patient care. This award reinforces our commitment to protecting them and advancing our technology capabilities to address the unique risks in healthcare.' The Cybersecurity Excellence Awards recognize organizations, products, and professionals who demonstrate leadership, innovation, and excellence within information security. Evaluated by industry experts against peers based on size, geography, and market position, Forescout's recognition reinforces its impact in enabling healthcare organizations to dynamically discover, assess risk and compliance, segment networks, and safeguard IoMT devices from emerging threats like ransomware and insider attacks. 'We congratulate Forescout on its well-deserved recognition in the IoMT category of the 2025 Cybersecurity Excellence Awards,' said Holger Schulze, founder of Cybersecurity Insiders and organizer of the awards. 'As we celebrate a decade of cybersecurity excellence, Forescout's relentless innovation and leadership continue to raise the bar, driving the industry forward and setting new standards in securing critical healthcare technology.' The Forescout cybersecurity platform provides complete asset intelligence and control across IT, OT, and IoT environments. For more than 20 years, Fortune 100 organizations, government agencies, and large enterprises have trusted Forescout as their foundation to manage cyber risk, ensure compliance, and mitigate threats. With seamless context sharing and workflow orchestration across more than 100 full-featured security and IT product integrations, Forescout makes every cybersecurity investment more effective. Forescout Research – Vedere Labs is the industry leader in device intelligence, curating unique and proprietary threat intelligence that powers Forescout's platform. RH Strategic for Forescout [email protected] SOURCE: Forescout Technologies Inc. Copyright Business Wire 2025. PUB: 03/20/2025 09:00 AM/DISC: 03/20/2025 09:00 AM
