Latest news with #Fortra
Yahoo
9 hours ago
- Business
- Yahoo
North America Web Application Firewall Market Forecast Report 2025-2033, with Key Player Profiles for Akamai Technologies, Cloudflare, Qualys, F5, Fortinet, Radware, Microsoft & Barracuda Networks
As threats evolve, businesses across industries are investing heavily in WAF solutions to protect digital assets, ensure regulatory compliance, and maintain customer trust. Cloud-hosted WAF products offer scalability and easy deployment, spurring adoption. Key sectors include e-commerce, healthcare, and finance. Challenges persist in high implementation costs and integration with legacy systems. North American Web Application Firewall Market Dublin, June 09, 2025 (GLOBE NEWSWIRE) -- The "North America Web Application Firewall Market Size and Growth Trends and Forecast Report 2025-2033" report has been added to North America Web Application Firewall (WAF) Market is expected to expand strongly, increasing from USD 2.13 billion in 2024 to USD 6.65 billion by 2033. The growth is driven by growing cybersecurity threats, an upsurge in web-based applications, and strict data protection laws. Companies across industries are spending big on WAF solutions to protect digital assets, provide regulatory compliance, and preserve customer trust. Growth Drivers in the Web Application Firewall Market in North America Increased Cybersecurity ThreatsIncreased levels and frequency of cyberattacks have hugely driven up the uptake of Web Application Firewalls (WAFs) in North America. Organizations are constantly threatened by ransomware, phishing, and DDoS attacks on their web applications. WAFs offer essential protection by blocking malicious traffic and guarding against data breaches. With an increasing number of businesses migrating more services online, protecting customer data and business data has become more pressing, and WAF adoption across industries has been growing widespread. May 2023, Global cybersecurity software and services company Fortra unveiled an upgraded Managed Web Application Firewall (WAF) service. Offered by Fortra's Alert Logic business, the solution integrates the sophisticated tools and security know-how organizations require to safeguard key web applications and APIs from attack.E-commerce and Digital Services GrowthThe proliferation of online retailing, digital banking, and telemedicine services has driven the demand for solid web application security. As companies expand their online platforms, so too does the attack surface, leaving them increasingly exposed. WAFs secure customer transactions and sensitive data, maintain business continuity and compliance, and support regulatory mandates. The growing need for safe and seamless online experiences is forcing North American businesses to spend generously on sophisticated WAF solutions. Feb 2025, Yottaa, a pioneer in eCommerce website performance optimization, introduced Yottaa Web Performance Services. This managed solution accelerates website performance, increases security, and reduces operational complexity for online retailers and brands. Leverage best-in-class technologies from Fastly, HUMAN Security, and Yottaa, it delivers a high-performance platform optimized for Data Protection RegulationsRegulations such as the California Consumer Privacy Act (CCPA) and vertical regulations such as HIPAA have imposed strict data protection requirements. Firms must protect personal and financial data or incur massive fines. WAFs are important components in compliance initiatives by protecting web applications from unauthorized access and security breaches. The regulatory landscape in North America is driving organizations in various industries - particularly healthcare, finance, and retail - to invest in WAF as a means of evading legal consequences. The California Privacy Rights Act (CPRA), enacted through ballot initiative in November 2020, is the most far-reaching state data privacy law to date. It modifies the California Consumer Privacy Act (CCPA) and became effective in January in the North America Web Application Firewall Market High Implementation and Maintenance CostsIt is costly to implement and manage WAF solutions, particularly in small and medium-sized enterprises (SMBs). The costs consist of software licenses, hardware appliances, professional IT personnel, and maintenance. Such costs might drive most organizations away from investing in high-quality WAF systems, especially when matching limited cybersecurity budgets. Moreover, regular updates and tuning must be done to ensure that WAFs remain effective, and this contributes to the overall cost of ownership and represents a serious market Integration with Legacy SystemsMost North American businesses have legacy IT infrastructure. It is complex and expensive to integrate newer WAF solutions with older systems. Integration can lead to compatibility problems, poor system performance, and rising operation risks. The complexity tends to hinder or slow down WAF deployment, particularly in traditional sectors such as manufacturing and government, and thus brakes the overall expansion of the WAF market across North States Web Application Firewall MarketThe United States leads the North America WAF market due to a widespread presence of healthcare organizations, financial institutions, and tech giants. High WAF adoption rates are being driven by stringent regulatory standards, increasing cybersecurity threats, and operational resilience demands. U.S. firms are making investments in both cloud and on-premises WAF products to protect their assets from sophisticated threats and also remain compliant with federal and state data protection legislation. March 2025, Akamai Technologies, Inc. has been identified as a Leader in The Forrester Wave: Web Application Firewall Solutions, Q1 2025 Web Application Firewall MarketCanada's WAF market is steadily developing, with momentum provided by measures to strengthen country-level cybersecurity capabilities and defend sensitive infrastructure. Enterprise adoption of digital services in Canada is growing fast, which ranks cybersecurity high as a concern. Banking, health, and the government are industries that lead in WAF consumption. Beyond defenses against data intrusions, Canada's WAFs enable entities to comply with privacy regulations such as PIPEDA. June 2024: Vercara is opening its first distributed denial-of-service (DDoS) and application security (AppSec) point of presence (PoP) in Toronto, Canada. The new PoP expands Vercara's international presence for its UltraDDoS Protect and UltraWAF solutions, providing Canadian customers with an in-country data processing and mitigation Web Application Firewall MarketMexico's WAF market is growing as companies go digital and face an increasing number of cyber attacks. Sectors like finance, retail, and manufacturing are prioritizing web application security to safeguard consumer information and business processes. While awareness of cybersecurity has increased, market issues persist in terms of cost and technical skills. Nevertheless, growing investments in IT security and government initiatives are driving WAF adoption in the country. Key Players Analysis Akamai Technologies, Inc. Cloudflare Inc. Qualys Inc. F5 Inc. Fortinet Inc. Radware Ltd. Microsoft Corporation Barracuda Networks, Inc. Key Attributes: Report Attribute Details No. of Pages 200 Forecast Period 2024 - 2033 Estimated Market Value (USD) in 2024 $2.13 Billion Forecasted Market Value (USD) by 2033 $6.65 Billion Compound Annual Growth Rate 13.5% Regions Covered North America North America Web Application Firewall Market Segmentation Component Solution Services Organization Type Large Enterprises Small and Medium Enterprises Deployment Mode On-Premise Cloud Industry Vertical Retail BFSI Manufacturing Government IT & Telecommunication Healthcare Energy & Utilities Others Countries United States Canada Mexico Rest of North America The key players have been analyzed by: Overviews Key Persons Recent Developments Revenue For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment North American Web Application Firewall Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
Yahoo
6 days ago
- Business
- Yahoo
Aeries Technology enters partnership with Fortra
Aeries Technology (AERT) announced a strategic partnership with Fortra. This collaboration is aimed at establishing GCCs for Fortra in both India and Mexico, to expand their existing India-based workforce and add a nearshore hub. Aeries will leverage its expertise to deliver purpose-built solutions through these GCCs, focusing on enhancing core business functions. The GCCs will enable Fortra to further access a skilled and diverse talent pool, ensure cost efficiency, and scale operations, aligning strategically with their business objectives. These facilities will serve as a hub for fostering innovation, optimizing operational efficiency, and accelerating digital transformation initiatives. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top stocks recommended by analysts >> Read More on AERT: Disclaimer & DisclosureReport an Issue Aeries Technology Updates Executive Employment Agreements Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
02-06-2025
- Business
- Yahoo
Millions Impacted by Data Breach To Receive Cash, Free Monitoring in $20 Million Deal
Victims of a substantial data breach are set to receive a portion of a $20 million settlement. Over five million affected users are in line to receive compensation for their losses. What Happened: A court has granted preliminary approval for a multi-million dollar settlement to be distributed among victims of a data breach. The breach was linked to the file transfer platform of cybersecurity firm Fortra. The compromised data includes sensitive details such as names, addresses, Social Security numbers, and health insurance information. Trending: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — According to a report, the lawsuit was lodged against Fortra and several other companies, including rail service provider Brightline and healthcare firms Aetna, Community Health, Elevance Health, Imagine360, Intellihartx, NationsBenefits, and Santa Clara Family Health Plan. Victims who can present 'reasonable documentation for losses' from the 2023 data breach will receive up to $5,000. Without such documentation, class members will receive approximately $85. Claims must be submitted by August 29. Besides the cash payment, class members are also eligible to receive dark web monitoring services for one year to mitigate potential identity theft and fraud risks. The payments will be made once the court gives the class action settlement final approval, with a final approval hearing scheduled for It Matters: This settlement marks a significant victory for victims of data breaches, as it sets a precedent for future cases. It underscores the importance of cybersecurity and the potential financial consequences for companies that fail to adequately protect user data. The inclusion of dark web monitoring services in the settlement also highlights the growing recognition of the long-term risks associated with data breaches, including identity theft and fraud. This case serves as a reminder to companies of their responsibility to safeguard user data and the potential legal and financial repercussions of failing to do so. Read Next: Hasbro, MGM, and Skechers trust this AI marketing firm — Invest before it's too late. 'Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. You can invest today for just $0.30/share with a $1000 minimum. Image: Shutterstock/Mdisk Send To MSN: Send to MSN UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? This article Millions Impacted by Data Breach To Receive Cash, Free Monitoring in $20 Million Deal originally appeared on
Yahoo
12-05-2025
- Business
- Yahoo
Lookout Announces Sale of Its Cloud Security Business to Fortra
BOSTON, May 12, 2025--(BUSINESS WIRE)--Lookout, Inc., the leader in mobile endpoint security, today announced the sale of its Cloud Security line of business to Fortra, a company dedicated to breaking the cyber attack chain with advanced offensive and defensive security solutions. Under the terms of the agreement, Fortra will acquire all assets, intellectual property, and personnel associated with the business. The divestiture reflects Lookout's strategic focus on its core strength in Mobile Endpoint Security and positions both organizations for sustained long-term growth. "Following this transaction, we will focus our resources and investments on Endpoint Security, where we see strong opportunities for growth and value creation," said Jim Dolce, CEO of Lookout. "We're confident Fortra is the right partner to advance Lookout's Cloud Security business and continue delivering exceptional service to its customers." In March 2024, Lookout entered a strategic partnership with Fortra, enabling the launch of Fortra's Digital Guardian Secure Service Edge (SSE) solution, built on the Lookout Cloud Security Platform. With fully trained teams actively selling and supporting the platform, Fortra is well-positioned to drive the business forward. The solution is already integrated into Fortra's Data Protection Suite, alongside Digital Guardian DLP and Data Classification. "Our top priority during this transition is to ensure a seamless experience for our Cloud (SSE) customers, partners, and employees," said Dolce. "We know Fortra will continue to provide the high standards of service and support our customers and partners have come to expect." "We're thrilled to welcome Lookout's SSE solutions, customers, partners, and employees to Fortra," said Matt Reck, CEO of Fortra. "This acquisition strengthens our cloud security capabilities and supports our strategic vision for continued focus on Fortra's cybersecurity offerings." About Lookout Lookout is the recognized leader in mobile security, trusted by governments, enterprises, and small businesses worldwide. The company pioneered the mobile security industry in 2009 and has built the largest and most advanced dataset in the market, protecting over 220 million devices and analyzing over 325 million apps. Powered by AI-driven mobile threat intelligence and supported by a world-class research team, Lookout delivers unmatched protection and proactive threat detection. As mobile devices become the primary gateway to corporate identity and data, organizations face growing blind spots. Traditional security tools leave SOC teams without critical visibility into mobile risks, rendering them vulnerable to sophisticated cross-platform social engineering attacks. Lookout's Mobile EDR closes this gap by providing real-time threat detection, investigation, and response, enabling security teams to stay ahead of evolving threats and keep their organizations safe. To learn more, visit and follow Lookout on our blog, LinkedIn and X. © 2025 Lookout, Inc. LOOKOUT®, the Lookout Shield Design®, LOOKOUT with Shield Design® and the Lookout multi-color/multi-shaded Wingspan Design® are registered trademarks of Lookout, Inc. in the United States and other countries. DAY OF SHECURITY®, LOOKOUT MOBILE SECURITY®, and POWERED BY LOOKOUT® are registered trademarks of Lookout, Inc. in the United States. Lookout, Inc. maintains common law trademark rights in EVERYTHING IS OK, PROTECTED BY LOOKOUT, CIPHERCLOUD, and the 4 Bar Shield Design. Contact Lookout PR: press@ About Fortra Fortra provides advanced offensive and defensive security solutions that deliver comprehensive protection across the cyber kill chain. With complete visibility across the attack chain, access to threat intelligence spanning the globe, and flexible solution delivery, Fortra customers can anticipate criminal behavior and strengthen their defenses in real time. Break the attack chain at Copyright © Fortra, LLC and its group of companies. Fortra™, the Fortra™ logos, and other identified marks are proprietary trademarks of Fortra, LLC. View source version on Contacts Media ContactJessica RyanPR ManagerFortraPR@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
12-05-2025
- Business
- Business Wire
Lookout Announces Sale of Its Cloud Security Business to Fortra
BOSTON--(BUSINESS WIRE)--Lookout, Inc., the leader in mobile endpoint security, today announced the sale of its Cloud Security line of business to Fortra, a company dedicated to breaking the cyber attack chain with advanced offensive and defensive security solutions. Under the terms of the agreement, Fortra will acquire all assets, intellectual property, and personnel associated with the business. The divestiture reflects Lookout's strategic focus on its core strength in Mobile Endpoint Security and positions both organizations for sustained long-term growth. 'Following this transaction, we will focus our resources and investments on Endpoint Security, where we see strong opportunities for growth and value creation,' said Jim Dolce, CEO of Lookout. 'We're confident Fortra is the right partner to advance Lookout's Cloud Security business and continue delivering exceptional service to its customers.' In March 2024, Lookout entered a strategic partnership with Fortra, enabling the launch of Fortra's Digital Guardian Secure Service Edge (SSE) solution, built on the Lookout Cloud Security Platform. With fully trained teams actively selling and supporting the platform, Fortra is well-positioned to drive the business forward. The solution is already integrated into Fortra's Data Protection Suite, alongside Digital Guardian DLP and Data Classification. 'Our top priority during this transition is to ensure a seamless experience for our Cloud (SSE) customers, partners, and employees,' said Dolce. 'We know Fortra will continue to provide the high standards of service and support our customers and partners have come to expect.' 'We're thrilled to welcome Lookout's SSE solutions, customers, partners, and employees to Fortra,' said Matt Reck, CEO of Fortra. 'This acquisition strengthens our cloud security capabilities and supports our strategic vision for continued focus on Fortra's cybersecurity offerings.' About Lookout Lookout is the recognized leader in mobile security, trusted by governments, enterprises, and small businesses worldwide. The company pioneered the mobile security industry in 2009 and has built the largest and most advanced dataset in the market, protecting over 220 million devices and analyzing over 325 million apps. Powered by AI-driven mobile threat intelligence and supported by a world-class research team, Lookout delivers unmatched protection and proactive threat detection. As mobile devices become the primary gateway to corporate identity and data, organizations face growing blind spots. Traditional security tools leave SOC teams without critical visibility into mobile risks, rendering them vulnerable to sophisticated cross-platform social engineering attacks. Lookout's Mobile EDR closes this gap by providing real-time threat detection, investigation, and response, enabling security teams to stay ahead of evolving threats and keep their organizations safe. To learn more, visit and follow Lookout on our blog, LinkedIn and X. © 2025 Lookout, Inc. LOOKOUT®, the Lookout Shield Design®, LOOKOUT with Shield Design® and the Lookout multi-color/multi-shaded Wingspan Design® are registered trademarks of Lookout, Inc. in the United States and other countries. DAY OF SHECURITY®, LOOKOUT MOBILE SECURITY®, and POWERED BY LOOKOUT® are registered trademarks of Lookout, Inc. in the United States. Lookout, Inc. maintains common law trademark rights in EVERYTHING IS OK, PROTECTED BY LOOKOUT, CIPHERCLOUD, and the 4 Bar Shield Design. Fortra provides advanced offensive and defensive security solutions that deliver comprehensive protection across the cyber kill chain. With complete visibility across the attack chain, access to threat intelligence spanning the globe, and flexible solution delivery, Fortra customers can anticipate criminal behavior and strengthen their defenses in real time. Break the attack chain at Copyright © Fortra, LLC and its group of companies. Fortra™, the Fortra™ logos, and other identified marks are proprietary trademarks of Fortra, LLC.
