SOURCE: Arxan Technologies, Inc

Arxan Technologies, Inc

March 20, 2015 08:00 ET

Arxan Technologies Named Finalist in Info Security Products Guide's 11th Annual 2015 Global Excellence Awards

Arxan Technologies Brings New Security Innovations to Mobile Payments, Internet of Things and Other Key Markets

BETHESDA, MD--(Marketwired - Mar 20, 2015) - Arxan Technologies, the leading provider of application protection solutions, today announced that Info Security Products Guide, the industry's leading information security research and advisory guide, has named the company a finalist for the 11th Annual 2015 Global Excellence Awards in both the Security Products and Solutions for Finance and Banking and Internet of Things (IoT) Security categories. These prestigious global awards recognize security and IT vendors with advanced, groundbreaking products and security. 

"Mobile financial services, such as banking and payments, are now widely adopted and require strong mobile application security to be an integral component to upholding consumer data privacy," said Mike Dager, CEO, Arxan Technologies. "Arxan provides the world's strongest application protection solutions to its financial institution customers that are managing over $4 trillion in assets. Our globally deployed security defends applications against hacker attacks to ensure both the providers and users are protected from the effects of fraud and privacy compromise. We are proud to be acknowledged as an industry player whose innovative security solutions have been recognized by Info Security Products Guide."

The criticality of app security is quickly extending from the mobile platform to the requirements of addressing new application risks arising across growing IoT market segments. Recent market estimates indicate that IoT is on a strong trajectory to surpass the PC, tablet and phone markets combined by 2017.1 As network and device perimeters become less defined due to the growth and distribution of software, applications require unique protections.

As such, CISO's should "make application self-protection a new investment priority, ahead of perimeter and infrastructure protection. Perimeter protection technologies cannot protect what ceases to exist -- the perimeter, which dissipates in the mobile, consumer-oriented and cloud-oriented world."2 Arxan's IoT security solutions are increasingly being adopted to protect the connected car, home and enterprise.

Info Security Products Guide winners will be honored in San Francisco on April 20, 2015 during the annual awards dinner and presentation.

About Info Security Products Guide

SVUS Awards organized by Silicon Valley Communications are conferred in 10 annual award programs: The Info Security's Global Excellence Awards, The IT Industry's Hot Companies and Best Products Awards, The Golden Bridge Business and Innovation Awards, and Consumer World Awards, CEO World Awards, Customer Sales and Service World Awards, The Globee Fastest Growing Private Companies Awards, Women World Awards, PR World Awards, and Pillar Employee Recognitions World Awards. These premier awards honor organizations of all types and sizes from all over the world including the people, products, performance, PR and marketing. To learn more, visit http://www.svusawards.com.

About Arxan Technologies

Arxan provides the world's strongest application protection solutions. Our unique patented guarding technology 1) Defends applications against attacks, 2) Detects at run-time when an attack is being attempted, and 3) Responds to detected attacks to stop them, alert, or repair. Arxan offers solutions for software running on mobile devices, desktops, servers, and embedded platforms -- including those connected as part of the Internet of Things (IoT) -- and is currently protecting applications running on more than 300 million devices across a range of industries, including: financial services, high tech/independent software vendors (ISVs), manufacturing, healthcare, digital media, gaming, and others. The company's headquarters and engineering operations are based in the United States with global offices in EMEA and APAC.

Follow Arxan:

Twitter: http://twitter.com/arxan
Blog: http://blog.arxan.com/
LinkedIn: https://www.linkedin.com/company/arxan-technologies
Facebook: https://www.facebook.com/pages/Arxan-Technologies/290902575878
Google+:https://www.google.com/+Arxan

1 Business Insider Intelligence Estimates: Growth in the Internet of Things, Business Insider, 7 Dec 2013.
2 Stop Protecting Your Apps; It's Time for Apps to Protect Themselves, Gartner Maverick* Research, Joseph Feiman, 25 September 2014.

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