Balbix Named a 2018 Cool Vendor in Security and Risk Management Software for Technology and Service Providers by Gartner

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SAN JOSE, Calif., May 08, 2018 (GLOBE NEWSWIRE) — Balbix, provider of the security industry’s first breach avoidance platform, today announced that it has been named to the list of Cool Vendors in the Gartner “Cool Vendors in Security and Risk Management Software for Technology and Service Providers, 2018” report1.

“For security and risk management leaders, knowing where the next cyberattack will come from remains challenging. They must manage an ever-increasing number of devices, users and applications spread across infrastructure that includes the Internet of Things (IoT), operational technology (OT), bring your own device (BYOD), on-premises, third-party vendors and connections, and cloud services,” notes Gartner analysts Elizabeth Kim and Matthew Stamper.

The report states that “end users are looking for more advanced technologies to continuously monitor for threats to minimize and mitigate risk to stave off cyberattacks. Products using new and innovative technologies that provide automation and ease of use against new threats are preferred.”

It also notes that “these innovative technologies have the opportunity to disrupt market dynamics and help end…

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