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Penta Security Applauded by Frost & Sullivan for Safeguarding Applications and APIs from Sophisticated Threats and for Its Market-leading Position

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Penta Security has grown and maintained its leadership position in the South Korean WAF industry, recording a year-over-year double digit revenue growth in 2022, lower than the 20% in 2021.

SAN ANTONIO, May 25, 2023 /CNW/ — Frost & Sullivan recently assessed the web application firewall (WAF) industry and, based on its findings, recognizes Penta Security Systems with the 2023 South Korean Company of the Year Award. The company deploys WAPPLES, its International Computer Security Association (ICSA) Labs-certified WAF, in public cloud environments, such as AWS and Microsoft Azure, and uses its Security-as-a-Service (SECaaS) Cloudbric to support expedited cloud migration processes. Penta Security’s diverse portfolio of supported cloud environments addresses the increasing demand for cloud-based WAF solutions over the last two years. With WAPPLES supporting local cloud environments across Asia-Pacific, the company offers scalability and accessibility to its customers, differentiating it in South Korea.

Penta Security bridges local WAF market technology gaps by offering comprehensive threat protection. WAPPLES’ threat intelligence platform detects new web vulnerabilities, provides automated vulnerability updates, and allows customers to patch vulnerabilities quickly and respond to attacks instantly. Based on advanced technologies that improve threat detection efficiency, the solution instantly detects and blocks known, modified, and zero-day attack vectors that alter the application programming interface (API) and YAML data formats within incoming web traffic, differentiating Penta Security from competitors.

Ying Ting Neoh, Cybersecurity Research Analyst, Frost & Sullivan, observed, “Penta Security has gained a competitive edge in the local market by staying updated and complying with the latest regulations in South Korea. Frost & Sullivan commends its WAF solutions that showcase the implementation of best practices to meet customers’ unmet needs.”

Penta Security’s WAPPLES successfully reduces false positives and achieves a 144% improved network performance, compared to the previous model after an upgrade. The company’s sandbox environment for WAPPLES fends off evolving application layer attacks, and its strategic partnerships in South Korea and worldwide provide local customers with access to advanced technologies, a world-class experience, and 24/7 support when expanding the geographic reach. Penta Security continuously fosters strong customer ties and achieves loyalty across the South Korean WAF industry, with its reputation and brand value in the region garnering solid growth across verticals in 2022.

“Penta Security has positioned itself as an industry leader in South Korea due to its steady business performance in 2022. It has continuously upheld its brand value as the South Korean WAF industry leader while fostering strong customer relationships,” added Neoh. With its strong overall performance, Penta Security earns Frost & Sullivan’s 2023 South Korean Company of the Year Award in the WAF industry.

Each year, Frost & Sullivan presents a Company of the Year award to the organization that demonstrates excellence, in terms of growth strategy and implementation in its field. The award recognizes a high degree of innovation with products and technologies and the resulting leadership, in terms of customer value and market penetration.

Frost & Sullivan Best Practices Awards recognize companies in various regional and global markets for demonstrating outstanding achievement and superior performance in leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry.

About Frost & Sullivan
For six decades, Frost & Sullivan has been 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.

Contact:
Tammy Chan
E: tammy.chan@frost.com

About Penta Security 
A global leader in web, data, and IoT security with 26 years of expertise in powering secured connections, Penta Security’s next-generation web application firewall WAPPLES has been the market leader in the Korean market for 15 consecutive years since 2008 and has maintained a leading position in the Asia-Pacific region after obtaining the largest market share in 2016. Its COCEP detection engine is known to be one of the most advanced logic-based detection tools in the industry.

For more information, visit pentasecurity.com.

For partnerships, email mailto:info@pentasecurity.com.

 

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SOURCE Frost & Sullivan

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InventHelp Inventor Develops Motorized Scooter Accessory for Shoppers (CCT-4889)

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PITTSBURGH, May 27, 2024 /PRNewswire/ — “I thought there could be a better way to utilize a scooter and shopping cart while shopping at the store,” said an inventor, from Springfield Township, Ohio, “so I invented the SHOPPING CART COME ALONG. My design would serve as a viable alternative to scooters with built-in carts, which may not always be easily accessible for shoppers.”

The patent-pending invention provides an effective way to attach a scooter to a shopping cart. In doing so, it would increase the mobility of a motorized scooter shopper by allowing him/her to pull a shopping cart without assistance. It also saves time and effort. The invention features a durable and adjustable design that is easy to use so it is ideal for individuals who utilize scooters while shopping, the elderly, disabled individuals, etc. Additionally, a prototype model is available upon request.

The original design was submitted to the Cincinnati sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 22-CCT-4889, InventHelp, 100 Beecham Drive, Suite 110, Pittsburgh, PA 15205-9801, or call (412) 288-1300 ext. 1368. Learn more about InventHelp’s Invention Submission Services at http://www.InventHelp.com.

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SOURCE InventHelp

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Ningbo: A City Connecting China and the World

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NINGBO, China, May 27, 2024 /PRNewswire/ — An anime When We Try to Portray Ningbo in a Five-minute-anime produced by China Matters shows Ningbo’s rich cultural heritage and opening. That is Ningbo – the city with a long history of civilization connecting with the world and high-tech industries renowned globally.

Youtube Link: https://youtu.be/_hJfOPawixQ?si=Op1tLyyc870DLkag  

 

In the Palazzo Vecchio, the town hall of Florence, Italy, there is a map of China drawn in 1575. This map highlights Ningbo as one of the few cities marked, symbolizing a historic friendship between the two cities. Centuries ago, these two cities were closely connected through the Maritime Silk Road. Today, they have established a sister city relationship, marked by numerous exchanges over the past decade.

The relationship between the two cities is an example of Ningbo as the forefront of cultural exchanges between China and the world. Ningbo is not only a significant origin of Chinese civilization, but also a major cultural and intellectual hub during the Song and Ming dynasties. During the Ming and Qing dynasties, the “Zhedong School”, a school of thought in east Zhejiang province, represented by Wang Yangming’s thoughts on “Unity of Knowledge and Action,” had great cultural influence in China and beyond. The Tianyi Pavilion is famous for its rich collection of books in East Asia and around the world. In modern times, thanks to its cultural legacy, Ningbo is home to many renowned scientists such as Tu Youyou, Tong Dizhou, Tong Zhipeng, Zhu Gaofeng, and Zheng Weimin in fields like biology, medicine, communications, and supercomputing, earning Ningbo the name of “Home of Chinese Academicians.”

Ningbo is not only an ancient city with rich cultural heritage, but also a trade port connecting the world. Since modern times, merchants and entrepreneurs from Ningbo had developed their business globally and established “Ningbo townsmen association” everywhere. Today the Zhoushan port of Ningbo has maintained world’s largest port in cargo throughput for 15 consecutive years while Ningbo’s enterprises and industries have made their own names worldwide. In 2023, added value of Ningbo’s high-tech industry reached 332.288 billion yuan, and the value of new products reached 813.56 billion yuan, ranking first in Zhejiang province. In April 2024, 7,900 new energy vehicles have been exported from Ningbo to global market.

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SOURCE China Matters

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MacPaw Partners with Tennis Star Gaël Monfils to Boost Global Access to User-Friendly Software

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This collaboration will help MacPaw bring its innovative products to more users across Europe and beyond

KYIV, Ukraine, May 27, 2024 /PRNewswire/ — In a strategic move to amplify its global reach and deepen its impact, MacPaw, the software company creating products that secure and simplify digital lives, is proud to announce its partnership with international tennis star Gaël Monfils. This collaboration marks a significant step in MacPaw’s mission to expand its global presence and bring user-friendly solutions to more people across Europe and the USA.

Many recognize Gaël Monfils for his unconventional playing style and unique flair on the court. However, as an avid content creator himself, he is equally committed to engaging his fans off the court through dynamic digital media, often with his iPhone. Gaël’s tech-savvy, on-the-move lifestyle is complemented by MacPaw’s innovative software solutions, which enhance his ability to share high-quality content while effortlessly managing and optimizing his devices.

“Teaming up with MacPaw isn’t just about endorsing products; it’s about helping more people smoothly integrate technology into their lives. That’s what excites me most,” said Gaël. “Being always on the go, the ability to reduce digital clutter and manage files effectively without needing to worry about it makes MacPaw essential for me. It’s a timesaver, really helpful in my everyday life.”

“We are happy to welcome Gaël to our MacPaw family. His versatility on the tennis court and approachable personality reflects our core values of creating experience, making impact, and staying human,” said Oleksandr Kosovan, Founder and CEO of MacPaw. “At MacPaw, we see technology as a universal language, much like sports, both enhancing lives and inspiring communities. With Gaël’s support, we can bring our technology to even more hands around the world, helping everyone to achieve more every day.”

Gaël has captivated the world with his top-tier athleticism, achieving a career-high ATP ranking of world No.6 in singles, reaching multiple Grand Slam semifinals, and securing several ATP tour titles throughout his career. Like Gaël, who thrives under pressure and consistently seeks new challenges, MacPaw excels with an innovative approach to software development that emphasizes agility and centers on the user experience. Their shared dedication to excellence positions this partnership as a dynamic force for redefining possibilities.

“Working with a passionate team like MacPaw that is determined to create a great experience for its users just makes sense. This partnership is about breaking boundaries, whether they be on the tennis court or in our digital world,” continues Gaël.

MacPaw remains at the forefront of global software innovation, consistently expanding its reach and impact. With the announcement of its invite-only beta version of Setapp Mobile in the EU, MacPaw addresses the diverse needs of iOS users seeking alternative marketplaces. Additionally, MacPaw opened a new office in Boston, a significant milestone in the company’s strategy to foster closer ties with its US user base.

MacPaw remains committed to its Ukrainian roots. To help provide relief to Ukrainian civilians, please visit the MacPaw Foundation here.

About MacPaw
MacPaw develops and distributes software for macOS and iOS that simplifies the lives of Mac users. Renowned for innovative and precision-engineered products, including CleanMyMac X, Setapp, and ClearVPN, as well as housing the Moonlock cybersecurity division, MacPaw is committed to elevating and securing the user experience within the Mac ecosystem. Founded in Kyiv, Ukraine, with an office in Boston, MacPaw products have more than 30 million users worldwide, with one in every five Mac users having at least one app downloaded.

About Gaël Monfils
Monfils is a top-ranked tennis pro. He owns 12 ATP Tour titles, including ATP 500s at 2016 Washington, 2019 Rotterdam and 2020 Rotterdam. Monfils reached at least 1 final in 18 straight seasons (2005-22), including ATP Masters 1000s at 2009 Paris, 2010 Paris and 2016 Monte Carlo. Since 2004, he has earned 500+ career victories, highlighted by biggest wins over No. 1 Nadal at 2009 Doha and No. 1 Medvedev at 2022 Indian Wells, as well as career-long win streaks of 12 matches and 25 sets in 2020.

Photo: https://mma.prnewswire.com/media/2422587/MacPaw.jpg
Photo: https://mma.prnewswire.com/media/2422586/Gael_Monfils_X_MacPaw.jpg

 

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