CloudKnox Named Winner in 2020 Black Unicorn Awards for Cybersecurity Companies Who Have the Potential of Being Valued at $1BAugust 11, 2020 -
Cloud Permissions Management Platform Wins Spot Amongst Top 100 Cyber Security Startups for 2020
SUNNYVALE, Calif. — August 11, 2020 — CloudKnox Security, provider of the only cloud permissions management platform for hybrid and multi-cloud environments, today announced it was named a 2020 winner in the Cyber Defense Magazine Annual Black Unicorn Awards. The company competed against many of the industry’s leading providers of cybersecurity products and services for this prestigious award, which recognizes CloudKnox as a Top 100 Cyber Security Startup for Cyber Defense Magazine’s audience of CISOs, CIOs, investors and industry thought leaders.
The 2020 Black Unicorn award recognizes CloudKnox’s pioneering approach in protecting critical cloud resources from unmanaged vulnerabilities due to human and non-human identities with excessive high-risk permissions. While these vulnerabilities and risks vary widely between organizations, insider threats are consistently one of the chief obstacles faced. To reduce such cyber risks, the CloudKnox Cloud Permissions Management platform is built from the ground up to support a continuous and adaptive framework for managing identity permissions.
As a Top 100 Cyber Security Startup, CloudKnox’s cloud security solutions are particularly in demand in today’s ever-evolving cyber ecosystem. As enterprises accelerate cloud adoption, security and cloud infrastructure teams are being asked to do what seems impossible—manage and secure multiple, complex and vastly different cloud platforms—while keeping up with the proliferation of human and machine identities with powerful high-risk permissions.
“It’s a privilege to lead CloudKnox and to be recognized as a Top 100 Cyber Security Startup for Cyber Defense, as our team is laser focused on providing security and cloud infrastructure teams with the tools and resources to manage the Cloud Permissions Gap,” said Balaji Parimi, founder and CEO of CloudKnox Security. “If left unmanaged, the permissions gap puts enterprises at risk as they expand their cloud footprints without establishing protocols and capabilities to properly assign, manage and monitor human and machine identity permissions across their cloud environments.”
This award win comes on the heels of significant growth on multiple fronts for CloudKnox, including recent recognition as a Gartner Cool Vendor in IAM and Fraud Detection. Additionally, CloudKnox, was recently recognized as an Amazon Web Services (AWS) Security Competency Partner, as well as a 2020 CRN Emerging IT Vendor, which honors the industry’s most exciting new channel-focused vendors and further validates their market-leading technology. In June, Wipro announced a partnership with CloudKnox to secure multi-cloud and hybrid cloud infrastructure. Additionally, Wipro Ventures, the corporate investment arm of Wipro, invested in CloudKnox through its recently announced $150M Fund II, to strengthen the strategic partnership. Last month, CloudKnox closed a strategic investment from Telstra Ventures, through which Telstra becomes a strategic go-to-market channel partner in Australia-New Zealand to meet a significant acceleration in public cloud adoption in the region.
“We’re pleased to name CloudKnox as a winner among a small, elite group of cybersecurity industry leaders in our second annual Black Unicorn awards,” said Judges Robert R. Ackerman Jr. of www.allegiscyber.com, David DeWalt of www.nightdragon.com and Gary Miliefsky of www.cyberdefensemediagroup.com
To learn more about the CloudKnox approach that enables enterprises to enforce a least privilege posture across their hybrid and multi-cloud environments, please visit www.cloudknox.io.
About CloudKnox Security
CloudKnox Security is the only Cloud Permissions Management Platform built from the ground up to support the monitoring and management of identities, actions and resources across hybrid and multi-cloud environments. With its patented Activity-Based Authorization protocol and JEP (Just Enough Privileges) Controller, CloudKnox transforms how organizations implement the principle of least privilege in the cloud and empowers security teams to proactively address accidental and malicious credential misuse by continuously detecting and mitigating insider risks. CloudKnox is based in Sunnyvale, CA.