WATERLOO, ON, June 23, 2020 /PRNewswire/ -- BlackBerry
Limited (NYSE: BB; TSX: BB) today announced findings from an
independent Frost & Sullivan report which concludes that
BlackBerry can secure all IoT endpoints, and upwards of 96% of all
cyberthreats.
The report reviews the cyberthreat landscape and the proportion
of risks that BlackBerry's suite of solutions protect enterprises
against. After quantifying the overall market in terms of number of
attacks and categorizing those attacks as more preventable by
either network- or endpoint-based security, Frost & Sullivan
determined that comprehensive endpoint-based security tools from
BlackBerry protect against upwards of 96% of attacks, noting that
the percentage is likely to increase because of the growing
proliferation and importance of Internet of Things (IoT)
devices.
"With the pace of technological innovation, enterprise endpoints
and the amount of data shared at the edge growing exponentially,
and expanding device interconnectivity creating vulnerabilities at
a rate few organizations can handle, today's business environment
is widespread with cyber chaos," said John
Chen, Executive Chairman and CEO of BlackBerry.
"Cyberattacks are a serious threat to everything from our personal
data and privacy to an enterprise's intellectual property and a
nation's critical infrastructure. To be recognized by Frost &
Sullivan further validates our strategy to connect, secure, and
manage every endpoint in the Internet of Things. And, with
BlackBerry Spark®, businesses now have a comprehensive AI-powered
Zero-Trust platform whose continuous authentication mechanisms
provide ongoing validation and security confidence to manage these
environments."
In addition to the overall enterprise need, Frost & Sullivan
assessed the potential for BlackBerry to address business security
by major industry or application – see here. The report found
BlackBerry provides broad coverage for any industry that relies on
endpoints, noting that industries with a higher proportion of new
endpoints and devices, such as connected cars, would be fully
within BlackBerry's capabilities.
"For enterprises, we predict global cyber-crime related costs to
hit $5 trillion (USD) in 2020 and the
number of new connected devices to rise to 67 billion devices by
2025, an increase of 167% from 2019. Indeed, the swift pace of
technological innovation, combined with companies and individuals'
ever-increasing demand for mobility, means that the attack surface
area will expand by an overwhelming amount," said Roberta Gamble, Partner and Vice President,
Frost & Sullivan. "For almost any organization, the question
will no longer be if it will face a cyberattack—but rather, when.
It is an imperative that all businesses ensure that endpoint
security is the foundation of their strategy. Partnering with a
solution provider like BlackBerry that has the technologies to
comprehensively secure an enterprise's data and communication is
the most effective way to ensure security, resilience, and
uninterrupted business continuity."
To download a full copy of the report and summary brief, visit
www.BlackBerry.com/iot-threat-landscape.
About BlackBerry
BlackBerry (NYSE: BB; TSX: BB)
provides intelligent security software and services to enterprises
and governments around the world. The company secures more
than 500M endpoints including over
175M cars on the road
today. Based in Waterloo,
Ontario, the company leverages AI and machine learning to
deliver innovative solutions in the areas of cybersecurity, safety
and data privacy solutions, and is a leader in the areas of
endpoint security management, encryption, and embedded systems.
BlackBerry's vision is clear - to secure a connected future you can
trust.
BlackBerry. Intelligent Security. Everywhere.
For more information, visit BlackBerry.com and follow
@BlackBerry.
Trademarks, including but not limited to BLACKBERRY and
EMBLEM Design are the trademarks or registered trademarks of
BlackBerry Limited, and the exclusive rights to such trademarks are
expressly reserved. All other trademarks are the property of their
respective owners. BlackBerry is not responsible for any
third-party products or services.
About Frost & Sullivan
For over five decades, Frost & Sullivan has become
world-renowned for its role in helping investors, corporate leaders
and governments navigate economic changes and identify disruptive
technologies, Mega Trends, new business models and companies to
action, resulting in a continuous flow of growth opportunities to
drive future success. Contact us: Start the discussion.
Media Contact:
BlackBerry Media Relations
+1
(519) 597-7273
mediarelations@BlackBerry.com
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SOURCE BlackBerry Limited