US Air Force awards USD18.8 Million Deal to Endgame for Digital Defense Software

United States: Endgame, the US-based cybersecurity firm, has been awarded USD18.8 Million by the United States Air Force with a view to arm its forces with the latest technology to fight against the host of adversaries that stage various computer based attacks.

This cybersecurity deal is being regarded as one of the largest deals of the year within the “endpoint detection and response” market, which is a cybersecurity industry’s segment and includes the identification of security breaches being witnessed on the computers of the people.

The Air Force has been using Endgame’s tools already in its internal “red flag” training and exercise games that help them in fighting against the offensive hackers. However, with this deal, the military branch is aiming to deploy Endgame’s digital defense software across its various internal computers for the security improvement.   

TechSci Research depicts that the USD18.8 Million deal between the US Air Force and Endgame will help the military branch to enhance its security against various computer based attacks. 

According to the recent report published by TechSci Research, “Global Cyber Security Market By Security Type (Network Security, Content Security, etc.), By Solutions (Identity & Access Management, Risk & Compliance Management, etc.), By End Use Industry, By Region, Competition Forecast and Opportunities, 2011-2021”, the global market for cyber security is projected to surpass US$ 137 billion by 2021. Growing trend of Bring Your Own Device (BYOD), rising adoption of cloud computing, expanding market for Internet of Things (IoT) are expected to continue driving the cyber security market across the globe over the next five years. Though the global cyber security market is highly fragmented, Symantec Corporation emerged as the largest player in 2015, followed by BAE Systems PLC, Intel Corporation and Cisco Systems. Banking, Financial Services and Insurance (BFSI); IT & Telecom; defense; energy & power; retail; and healthcare have emerged as the key application areas where cyber security solutions are being increasingly adopted.