Defending At Risk Data
Increased data volume, government regulation mandating data protection, and rising concerns around critical data loss in on-premises environments are expected to drive data protection market growth. The global data protection market expects to see a 9.1 percent compound annual growth rate (CAGR) over the next several years, going from $61.3 billion in 2020 to $113.4 billion by 2027, Valuates Reports said.
Seven identity management or data protection vendors bolstered their technological bona fides through acquisition. Some of the most notable deals include: Okta’s $6.5 billion purchase of customer identity and access management vendor Auth0; Microsoft’s buy of attack surface management firm RiskIQ for a reported $500 million; and HelpSystems’ acquisition of data loss prevention leader Digital Guardian.
Three identity management or data protection vendors on our list secured six-figure funding rounds, including: Jumio, which raised $150 million on an undisclosed valuation; OneTrust, which raised $210 million on a $5.3 billion valuation; and Transmit Security, which raised $543 million on a $2.2 billion valuation.
As part of CRN’s 2022 Security 100, here’s what the 20 coolest identity management and data protection companies are doing.
