Banyan Security

Focus: Zero-trust remote access

Funding: $17M (Series A)

Founded in: 2015

The global shift to remote work means the perimeter is "truly being lost," Omdia's Johnson says, driving the need for greater visibility, monitoring, and management. Banyan Security aims to secure remote access for users and apps in a single platform that aims to provide least privileged access in on-premises, hybrid cloud, and multicloud deployments.

Zero trust is a "relatively newer capability" that serves as an evolution of the VPN, he explains. Zero trust connectivity provides more granular control over employees' file access and perpetuates the principle of least privilege, which he calls the "foundation of cybersecurity."

"You only give someone access to the amount of information that they truly need to do their job and nothing more," Johnson says.

Banyan's Zero Trust Remote Access platform relies on the Trust Scoring Engine," which quantifies the user, device, and applications based on integrations with existing single sign-on, mobile device management, and endpoint detection and response tools. It continuously enforces access policies based on the combination of user, device, and application requesting it.

"They value and recognize the need for effective remote management, not only for the individual employee to have access to remote resources and infrastructure to do their job, but that same demand can be turned around and used by the organization to effectively manage and control access from the end user," Johnson says. "It's more of a two-way street."

(Image: Banyan Security via Twitter)