CrowdStrike Receives Prestigious Frost & Sullivan 2024 Company of the Year Award for SaaS Security Excellence

CrowdStrike Receives 2024 Company of the Year Award



CrowdStrike, a prominent player in cybersecurity, has recently been awarded the prestigious 2024 Company of the Year Award by Frost & Sullivan for its outstanding contributions to SaaS Security Posture Management (SSPM). This accolade spotlights the company's innovative practices and its game-changing product, CrowdStrike Falcon® Shield, which has become an industry leader in providing robust protection against various digital threats associated with software-as-a-service environments.

The Significance of the Award


The recognition from Frost & Sullivan validates CrowdStrike's strategic approach to tackling the complexities of modern security challenges. With an alarming 79% of initial access attacks now being malware-free, attackers are increasingly targeting identities and cloud environments to exploit vulnerabilities. This award reinforces CrowdStrike's positioning in safeguarding businesses against these evolving threats, making it a trusted partner for organizations aiming to enhance their security posture.

Features of Falcon® Shield


Falcon Shield is recognized for its comprehensive coverage and proactive security measures, effectively managing SaaS applications, identities, and configurations. Here are the key features that set it apart:

1. Comprehensive SaaS Security: Falcon Shield secures more than 150 SaaS applications and safeguards both human and non-human identities from exploitation, offering complete visibility and control over SaaS environments through proactive misconfiguration management.

2. Unified Hybrid Identity Protection: The product combines Falcon Shield with Falcon® Identity Protection to deliver advanced identity threat detection and response (ITDR). This integration helps organizations secure their hybrid environments at every stage of identity-based attacks, from on-premises setups to cloud-based identities like Microsoft Entra ID and Okta.

3. GenAI Security Control: Continuously monitoring changing configurations, Falcon Shield prevents misconfigurations that can lead to data leakage, particularly from AI settings, ensuring compliance with enterprise security policies.

4. Automated SaaS Remediation: With Falcon's integration with SOAR (Security Orchestration, Automation, and Response), organizations can automate the remediation of high-risk misconfigurations quickly, which helps in reducing risk exposure and accelerating compliance efforts.

Expert Insights


Ying Ting Neoh, an industry analyst with Frost & Sullivan, highlighted the effectiveness of CrowdStrike’s solutions, emphasizing the significant advantages they bring to clients. By addressing key pain points and bridging existing gaps in SaaS security, CrowdStrike has proven its commitment to customer satisfaction and long-term operational advantages.

Elia Zaitsev, Chief Technology Officer at CrowdStrike, echoed these sentiments, stating, “SaaS applications are prime targets for today's adversaries, and security teams can no longer rely on fragmented solutions. With Falcon Shield, we offer complete SSPM and threat protection across modern hybrid environments.”

Looking Ahead


The award from Frost & Sullivan recognizes not just the product but CrowdStrike's overall strategy and innovation within the cybersecurity landscape. As they continue to empower organizations with cutting-edge security solutions, the future looks promising for stakeholders involved with CrowdStrike.

For a deeper understanding of the award and its implications for the industry, you can explore the complete Frost & Sullivan report detailing their analysis and further insights.

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CrowdStrike's consistent commitment to innovation and excellence has positioned it as a leader in the cybersecurity sector, setting new benchmarks for SaaS Security Posture Management and becoming a preferred choice for various organizations around the globe.

Topics Consumer Technology)

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