As a confirmation of a positive response from the market, Imperva, the global leader in data security, recently demonstrated its success and value of its data security solutions with its strong Q2 2010 financial results.
Imperva co-founder and CEO, Shlomo Kramer, said: “The company's performance in Q2 was impressive. Businesses today recognise that data security is a strategic imperative and that early detection and response to cyber attacks is a critical part of securing your organisation.”
The Asia Pacific Japan (APJ) region recorded 51 per cent quarter-on-quarter growth, and APJ Vice President Stree Naidu said: “China's contribution to APJ's results was significant – it achieved 84 per cent increase in Q2 2010 over Q2 2009. The success of the China team has fuelled our expansion plans and commitment in this region.”
Just like organizations around the world, Chinese enterprises are making security a top priority. In today's world, no one is exempt from cyber threats. In 2009, 94% of all data breaches are database or application compromises , yet more than 90% of the $16 billion spent on security in 2009 was on other, which means that enterprises would need to spend their budget more wisely and that the market size is huge.
Imperva SecureSphere is the market leading data security and compliance solution. SecureSphere protects sensitive data from hackers and malicious insiders, provides a fast and
cost-effective route to regulatory compliance and establishes a repeatable process for mitigating data risk.