Netwrix Corporation, provider of a visibility platform for data security and risk mitigation in hybrid environments, today announced its results for Q1 2018, which indicate 26% global sales growth and substantial revenue increase across multiple sectors, including financial services, government and technology. Netwrix also reports sustainable growth in the UK, France and the DACH region; new partnerships; charity and research initiatives; and recognition from industry experts.Market momentum
The 2018 Verizon Data Breach Investigations Report showed that hacking is now the most common cause of data breaches, and use of stolen credentials is the top method used. This demonstrates that many organizations still lack the visibility they need into what users are doing in their IT environments so they can protect their data from insider and outsider threats. With the deadline for GDPR compliance quickly approaching, companies have little time to provide evidence that their security measures are working and their systems and data are under control. As a result, we expect a surge of interest in products that empower organizations to keep track of user behavior, quickly detect suspicious activities and prioritize their security efforts to protect critical assets.
Steve Dickson, CEO of Netwrix
Netwrix makes data security easy thereby simplifying how professionals can control sensitive, regulated and business-critical data, regardless of where it resides. More than 10,000 organizations worldwide rely on Netwrix solutions to secure sensitive data, realize the full business value of enterprise content, pass compliance audits with less effort and expense, and increase the productivity of IT teams and knowledge workers.
Founded in 2006, Netwrix has earned more than 150 industry awards and been named to both the Inc. 5000 and Deloitte Technology Fast 500 lists of the fastest growing companies in the U.S.
For more information, visit www.netwrix.com.
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Erin Jones, Avista PR for Netwrix
Phone: 704 - 664 - 2170