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News

Bloor recognition for Fortify Software

Fortify : 03 December, 2008  (Company News)
Application security leadership recognition for Fortify software received in Bloor Research market update report
Fortify Software has announced that Bloor Research, in its Market Update on Application Security placed Fortify Software as a "champion" in their Application Security overview report. Further, analyst Nigel Stanley placed Fortify in an ideal position close towards the Bloor Bullseye. This announcement comes as Fortify Software was also named the leader in application security by analyst firm Gartner/Dataquest in the report Market Share: Application Development Software, Worldwide, 2007. Finally, Fortify was also named as "rising star" in Deloitte's Technolgy Fast 50 program for Silicon Valley.

Nigel Stanley - analyst and author of the report explains that Fortify's, "'champion' rating indicates an established vendor with a leading market presence. By contrast, an "innovator" is a vendor with a highly rated product with increasing market share and a "challenger" is an up and coming vendor in this market space. Closer to the centre of the bullseye target is better."

In Nigel Stanley's report for Bloor he predicts that the market for application security is on an upward trend. "The application security market will continue to grow for the foreseeable future. Demand for application security products will increase in line with more legislation and regulations, as well as a desire for better overall corporate security hygiene".

Fortify's own experience in the application security space mirrors the findings of the Bloor research, as they have seen a definite spike in demand for application security with an increase in the commercial business including FORTUNE 500 companies in financial services, healthcare, e-commerce, telecommunications, among others, as well as all three branches of the U.S. military and numerous federal civilian agencies. Many are now recognising that breaches are happening at the application level and are securing their systems with application security solutions such as Fortify 360.

Nigel Stanley notes that "Applications need to be secured during the software development process, not as an afterthought. Code security reviews must now form part of the rigorous checks development teams take during the daily build and software development life cycle (SDLC). Legislation and regulations are now catching up with the need to ensure application security and some standards, such as PCI DSS, the Payment Card Industry Data Security Standards, explicitly demand that software code security checks take place".

In 2008, Fortify continued to build its leadership position in the application security market by launching business software assurance-a security strategy that provides organizations with a blueprint for minimizing business risks associated with the exploitation of software and vital corporate assets. Its in-house research group led the charge in discovering the first Web 2.0-based hacking vulnerability, and in 2008, has produced industry reports on numerous topics ranging from the state of open source software to electronic voting vulnerabilities.
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