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Verimatrix Recognized as a Sample Vendor in 2022 Gartner® Hype Cycle™ for Application SecurityRegulatory News: Verimatrix, (Euronext Paris: VMX) (Paris:VMX), the leader in powering the modern connected world with people-centered security, today announced it has been identified as a Sample Vendor in the application shielding category of the Gartner Hype Cycle for Application Security 2022 report. Gartner describes the business benefits of application shielding, with a focus on mobile apps, as, "Application shielding protects enterprise software and applications from cloning, fraud, IP theft and other forms of abuse. In certain industries, such as financial services and online retail, it can also be used to improve the user experience. By hardening the application, an online retailer can minimize the restrictions and additional forms of verification requests (such as step-up authentication) made to its customers." "We see this recognition from Gartner as a continuation of our recent industry accolades that point to our innovation and leadership in the sector, providing CISOs, software architects and mobile app developers with excellent user experiences through the power of our proven, SaaS security services," said Juha Högmander, vice president, cybersecurity business at Verimatrix. "Verimatrix security technologies consistently prevent cybercriminals from hijacking apps, APIs and devices - helping to protect corporate IP, consumer PII data, development code, and the data connections that feed enterprise SIEMs." Verimatrix's cybersecurity technologies include:
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