Arxan sees record growth in H1 2016 as IoT adoption growth demands application attack prevention

Arxan Technologies, a provider of application attack prevention and self-protection solutions, has closed the first half of 2016 with “record-breaking corporate growth, strong industry recognition and product innovation”.

Fuelled by rapid Internet of Things (IoT) and mobile application adoption, and a need for proactive security against new attacks, today Arxan is protecting applications on more than 500 million devices around the world.

According to Gartner, “Applications, not the infrastructure, represent the main attack vector for data exfiltration. As organisations lose more control over their infrastructure with trends like mobility and cloud, applications become one of the last control points for imposing the organisation’s security policy.”

Arxan’s patented guarding technology defends, detects and deters attacks by stopping, alerting or repairing detected attacks at rest, transit, and run-time. Arxan software protects applications on mobile devices, desktops, servers, and embedded platforms, including those connected as part of the IoT, in various key sectors such as mobile banking, mobile payments, connected cars, connected medical devices, gaming, and digital media.

Mandeep Khera, Arxan Technologies, Inc
Mandeep Khera, chief marketing officer, Arxan Technologies, Inc

“2016 is off to an extraordinary start, but this is just the beginning,” said Joe Sander, CEO of Arxan Technologies. “Our rapid growth and industry recognition underscores the market need for comprehensive application security at the binary level to ensure resilience and prevent hacker attacks in real-time. We’re looking forward to building on this momentum as we continue to drive innovation.”

Sales grew 400% in mobile banking industry and 300% in mobile payments compared to the first half of 2015. The company added twice as many new customers in H1 2016 as the comparable period in 2015.

In addition, large deals have been secured with customers in the connected medical device space, and robust pipeline development for connected automobiles.

Arxan has also “rounded out” its executive team with security and IoT executives, including Mandeep Khera, chief marketing officer, and James Love, senior VP of Worldwide Sales.

Comment on this article below or via Twitter: @IoTNow_ OR @jcIoTnow


Axiomtek launches compact DIN-rail IIOT gateway for data driven energy

Posted on: November 30, 2022

Axiomtek, a world-renowned specialist relentlessly devoted in the research, development, and manufacture of series of innovative and reliable industrial computer products of high efficiency is pleased to announce the ICO120-E3350, an extremely compact industrial IoT gateway powered by the Intel Celeron processor N3350 (codename: Apollo Lake-M). The ruggedised designs feature fanless operation, -40°C to 70°C

Read more

Semtech, AWS to create low-power IoT track and trace services with LoRa cloud geolocation

Posted on: November 30, 2022

Please replace the release with the following corrected version due to multiple revisions to the Forward-Looking and Cautionary Statements.

Read more

The IoT Adoption Boom – Everything You Need to Know

Posted on: September 28, 2022

In an age when we seem to go through technology boom after technology boom, it’s hard to imagine one sticking out. However, IoT adoption, or the Internet of Things adoption, is leading the charge to dominate the next decade’s discussion around business IT. Below, we’ll discuss the current boom, what’s driving it, where it’s going,

Read more

9 IoT applications that will change everything

Posted on: September 1, 2021

Whether you are a future-minded CEO, tech-driven CEO or IT leader, you’ve come across the term IoT before. It’s often used alongside superlatives regarding how it will revolutionize the way you work, play, and live. But is it just another buzzword, or is it the as-promised technological holy grail? The truth is that Internet of

Read more

Which IoT Platform 2021? IoT Now Enterprise Buyers’ Guide

Posted on: August 30, 2021

There are several different parts in a complete IoT solution, all of which must work together to get the result needed, write IoT Now Enterprise Buyers’ Guide – Which IoT Platform 2021? authors Robin Duke-Woolley, the CEO and Bill Ingle, a senior analyst, at Beecham Research. Figure 1 shows these parts and, although not all

Read more

CAT-M1 vs NB-IoT – examining the real differences

Posted on: June 21, 2021

As industry players look to provide the next generation of IoT connectivity, two different standards have emerged under release 13 of 3GPP – CAT-M1 and NB-IoT.

Read more

IoT and home automation: What does the future hold?

Posted on: June 10, 2020

Once a dream, home automation using iot is slowly but steadily becoming a part of daily lives around the world. In fact, it is believed that the global market for smart home automation will reach $40 billion by 2020.

Read more

5 challenges still facing the Internet of Things

Posted on: June 3, 2020

The Internet of Things (IoT) has quickly become a huge part of how people live, communicate and do business. All around the world, web-enabled devices are turning our world into a more switched-on place to live.

Read more

What is IoT?

Posted on: July 7, 2019

What is IoT Data as a new oil IoT connectivity What is IoT video So what’s IoT? The phrase ‘Internet of Things’ (IoT) is officially everywhere. It constantly shows up in my Google news feed, the weekend tech supplements are waxing lyrical about it and the volume of marketing emails I receive advertising ‘smart, connected

Read more