SAN JOSE, Calif., Feb. 20, 2019 (GLOBE NEWSWIRE) -- Forescout Technologies, Inc. (NASDAQ: FSCT), the leader in device visibility and control, today announced the industry’s first unified device visibility and control platform for IT and operational technology (OT) security. Integrating recently acquired SecurityMatters technology into its core platform, Forescout will deliver the world’s most robust visibility and control capabilities to manage cyber risk across both IT and OT domains. Additional new enhancements will enable comprehensive visibility for multi-cloud infrastructures, provide superior auto-classification for medical and industrial devices, and automate network segmentation controls across firewalls, as well as cloud and software-defined network (SDN) environments. 

“According to Gartner, ‘by 2023, the average CIO will be responsible for more than three times the endpoints they manage in 20181.’ We see that the vast majority of this growth is coming from IoT and OT, as well as public and private cloud instances, over traditional IT and corporate managed devices,” said Michael DeCesare, CEO and president, Forescout. “With our latest platform release, Forescout is the only vendor that can offer true device visibility and control across the extended enterprise from IT to OT and scale to two million devices regardless of physical, virtual, cloud or hybrid environments.”

“By 2021, 70 percent of OT security will be managed directly by the CIO, CISO, or CSO department up from 35 percent today2.” IT teams are no longer tasked with only managing user devices, applications and data, but are now responsible for running secure and streamlined business operations. This starts with knowing what devices are connected across campus, data center, cloud and OT networks. Forescout’s unified platform will enable customers to gain complete situational awareness of all assets on their network, understand their cyber and operational risk profile, and automate actions to mitigate exposure.

Forescout’s platform offers the following capabilities and benefits:

Forescout now offers the most scalable and modular device visibility and control platform. Comprised of software products that start with device visibility in Forescout eyeSight, customers can add products such as Forescout eyeControl and Forescout eyeExtend as their needs grow. Customers and channel partners have complete flexibility to customize their purchase and choose perpetual licensing or term-based subscription.

Supporting Comment:
“We are at a tipping point in cybersecurity where IP-connected devices continue to flood enterprises, IT is converging with OT, and businesses are moving to the cloud. These trends can cause significant risk and are leading the industry to gravitate towards integrated platforms to reduce complexity and handle as much as possible. Forescout is one of the first vendors to offer security capabilities that align with new requirements.” – Jon Oltsik, senior principal analyst, ESG

Additional Resources:

1 Top Strategic IoT Trends and Technologies Through 2023 – Gartner, Sept 2018
2 2018 Strategic Roadmap for Integrated IT Security – Gartner, May 2018

About Forescout  

Forescout Technologies, Inc. provides security at first sight. Our company delivers device visibility and control to enable enterprises and government agencies to gain complete situational awareness of their environment and orchestrate action. Learn more at www.forescout.com.

© 2019 Forescout Technologies, Inc. All rights reserved. Forescout Technologies, Inc. is a Delaware corporation. A list of our trademarks and patents can be found at https://www.forescout.com/company/legal/intellectual-property-patents-trademarks. Other brands, products, or service names may be trademarks or service marks of their respective owners.

Media Relations Contact:
Andria Leaf
Forescout Technologies, Inc.
408-538-0870
andria.leaf@forescout.com

Investor Relations Contact:
Michelle Spolver
Forescout Technologies, Inc.
408-721-5884
michelle.spolver@forescout.com

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