Accessibility and scalability offered by Penta
Security's WAF allow it to stand out among local customers in
South Korea compared to
international industry participants that do not support domestic
cloud environments.
SAN ANTONIO, Aug. 1, 2024 /PRNewswire/ -- Frost & Sullivan
recently assessed the web application firewall industry and, based
on its analysis, recognizes Penta Security Inc. with the 2024 South
Korean Company of the Year Award. The company offers web and data
security products and services. Unlike standard intrusion
prevention systems or next-generation firewall solutions (an
alternative for web firewalls that lack comprehensiveness), Penta
Security's WAPPLES, including WAPPLES SA, and Cloudbric WAF+
include API, SSL, and L7 security protections. Penta
Security's WAPPLES differentiates its WAF from other industry
participants through its patented logic-based detection Contents
Classification and Evaluation Processing (COCEP™) engine. Unlike
WAFs based on signature-matching detection, Penta Security's
WAPPLES does not rely on signature updates and lengthy learning
periods. It allows the company to conduct security patching and fix
vulnerabilities without delay.
![Penta Security balances providing application security with performance as a cybersecurity leader in the South Korean WAF space. Penta Security balances providing application security with performance as a cybersecurity leader in the South Korean WAF space.](https://mma.prnewswire.com/media/2472674/Frost_And_Sullivan_Penta_Security_Award.jpg)
Penta Security balances providing application security with
performance as a cybersecurity leader in the South Korean WAF
space. Its WAF fits different deployments, such as WAPPLES, the
on-premises appliances, WAPPLES SA, the software
appliances for Cloud, and cloud-based Cloudbric WAF+,
differentiating it in the industry. WAPPLES also supports public
and local Asia-Pacific cloud
environments. Penta Security outshines competitors due to its
ability to understand and meet local customer needs with offerings
that exemplify best practices implementation. The company's
advanced API security functions (XML, JSON, YAML, GraphQL
protection rules), advanced threat IP and bot reputation check
functions, and additional add-ons respond to countless web threats
based on malicious IPs.
Ying Ting Neoh, industry analyst
at Frost & Sullivan, observed, "Penta Security demonstrates
leadership focus and visionary strategy in leveraging WAF industry
megatrends in South Korea through
its integrations with in-house and third-party security solutions
and its commitment to technological innovations that offer
customers a comprehensive suite of application security
portfolios."
Penta Security provides round-the-clock support backed by over
200 employees to resolve customer difficulties and service failures
through its online communication systems. Besides offering local
customers access to advanced technologies, world-class experience,
and support, Penta Security's extensive connections, channel
partners, and collaborators expand its reach so it can globally
engage with customers. The company makes its application security
solutions accessible to different customer segments while aligning
them with local customer needs. This further strengthens the
company's leadership position in South
Korea's WAF industry. It successfully maintains its position
in the South Korean WAF space, over a 50% market share, due to its
broad portfolio and ability to retain optimal network performance
after introducing WAPPLES to customers' environments.
"Owing to steady business performance in recent years, Penta
Security has positioned itself as an industry leader in
South Korea. The company's
visionary strategy is based on its commitment to implementing best
practices and leveraging the cloud industry's rapid growth to
develop cloud-based WAF, a valuable addition to its application
security portfolio and growth pipeline," added Neoh. With its
strong overall performance, Penta Security earns Frost &
Sullivan's 2024 South Korean Company of the Year Award in the WAF
industry.
Each year, Frost & Sullivan presents a Company of the Year
award to the organization that demonstrates excellence in terms of
growth strategy and implementation in its field. The award
recognizes a high degree of innovation with products and
technologies, and the resulting leadership in terms of customer
value and market penetration.
Frost & Sullivan Best Practices awards recognize companies
in various regional and global markets for demonstrating
outstanding achievement and superior performance in leadership,
technological innovation, customer service, and strategic product
development. Industry analysts compare market participants and
measure performance through in-depth interviews, analyses, and
extensive secondary research to identify best practices in the
industry.
About Frost & Sullivan
For six decades, Frost & Sullivan has been world-renowned
for its role in helping investors, corporate leaders, and
governments navigate economic changes and identify disruptive
technologies, megatrends, new business models, and companies to
action, resulting in a continuous flow of growth opportunities to
drive future success. Contact us: Start the discussion. Contact us:
Start the discussion.
Contact:
Tarini Singh
P: +91 995376456
E: tarini.singh@frost.com
About Penta Security
A global leader in web, data,
and IoT security with 27 years of expertise in powering secured
connections, Penta Security is the top cybersecurity vendor in
Asia, as recognized by Frost &
Sullivan. Its web application firewall, WAPPLES, has been the
market leader in the Korean market for 16 consecutive years since
2008 and has dominated the entire Asia-Pacific region since 2016. Penta Security
has also gained a presence in Europe, the Middle
East, and North America.
For more information, visit www.pentasecurity.com. For
partnerships, email globalbiz@pentasecurity.com.
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