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Cigital Achieves Record Growth for Seventh Consecutive YearCigital Inc., one of the world's largest software security firms, announced its seventh consecutive year of company growth, highlighted by significant financial and company gains during 2015. On pace to close the year with approximately $75M in sales bookings, Cigital is positioned to stay the course of seven consecutive years of double-digit, year-over-year growth. As organizations around the world develop innovative new software and mobile solutions, the demand for Cigital's solutions increases, as noted with Cigital's selection to Gartner's Application Security (News - Alert) Testing Magic Quadrant. In addition, the company released BSIMM6, completed a company rebranding, announced international partnerships and was selected to Inc. Magazine's 5000 list. In Gartner (News - Alert) Inc.'s 2015 Magic Quadrant for Application Security Testing (AST), Cigital is recognized in the "Challengers" quadrant based on its ability to provide managed services, products, training, and professional services that deliver a holistic package of application security needs. Placement in the quadrant highlights a long, distinguished record of delivering high quality testing for some of the most discerning customers including the top four, eight of the top ten, and 16 of the top 20 commercial banks, with many relationships spanning five years or more. Cigital's clients realize that leveraging one set of tools isn't enough to identify vulnerabilities. As a result, they turn to Cigital for a trusted partnership that provides an individualized approach to maximize results. Cigital recently released data from BSIMM6, the latest from the industry's first and only software security measurement tool built on real-world data. BSIMM6 also marks the addition of the healthcare industry, providing healthcare organizations a critical mass of data to help them assess, compare, and contrast their software security initiative with others in the industry. Additional sgnificant milestones include:
"With new breaches and vulnerabilities announced every day, companies and executives realize that threats will come at them from all directions. As such, organizations recognize that building security in through ongoing assessments and tests are critical to identifying areas of vulnerability before sensitive data is breached," said John Wyatt, Chief Executive Officer, Cigital. "While companies want cutting edge solutions, they struggle to find the resources to conduct software testing themselves. With our managed service approach, companies can move at the speed of innovation without sacrificing security. Our exponential growth and achievements this year further emphasize that Cigital's proactive approach to application security helps clients address vulnerabilities and flaws while reducing costs and enabling technological advancement." About Cigital Cigital is one of the world's largest application security firms. We go beyond traditional testing services to help organizations identify, remediate and prevent vulnerabilities in the applications that power their business. Our holistic approach to application security offers a balance of managed services, professional services and products tailored to fit your specific needs. We don't stop when the test is over. Our experts also provide remediation guidance, program design services, and training that empower you to build and maintain secure applications. Our proactive methods helps clients reduce costs, speed time to market, improve agility to respond to changing business pressures and threats, and focus resources where they are needed most. Cigital is headquartered near Washington, D.C. with regional offices throughout North America, Europe and India. For more information visit: https://www.cigital.com.
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