Banyan Security | Top 10 Remote Work Tech Solution Company - 2020
Banyan Security: The Future-Proof Remote Access Solution
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CIOREVIEW >> Remote Tech >> Banyan Security

Banyan Security has been recognized by CIOReview Magazine as the recipient of “Top 10 Remote Work Tech Solution Companies - 2020,” based on our proprietary methodology, reflecting its position in the industry. This profile has been developed by the CIOReview research and editorial team based on insights from an interview with Jayanth Gummaraju, CEO and Co-Founder.

Banyan Security
The Future-Proof Remote Access Solution

Banyan Security

Jayanth Gummaraju, CEO and Co-Founder
The concept of “remote working” has gained global acceptance as a critical enabler of business continuity and “the new normal” during this COVID-19 outbreak. The present situation has impelled myriads of organizations across the globe to provide work-from- home facilities to their employees. However, considering the number of employees who are working remotely, organizations need a robust solution that will enable workers to carry out their tasks with efficiency, while ensuring information security. Unfortunately, many enterprises still rely on decades-old technologies like VPNs that cannot keep the promise of securing remote access in a multi-cloud environment. Built on choke-point architecture, it fails to secure connections, protect information, and deliver outstanding performance. Also, VPNs authorize by IP address, inviting manageability challenges.

Poised to solve these challenges, Banyan Security serves as a go-to partner for enterprises by providing them with the industry's most user-centric, zero-trust, network access solution. “Inspired by Google's BeyondCorp, our next-gen platform provides least privileged remote access to enterprise resources hosted in hybrid and multi-cloud environments in real-time,” says Jayanth Gummaraju, CEO and Co-founder of Banyan Security.

Unlike its competitors, who often approach access control from a network perspective, or an identity perspective only, Banyan Security adopts an end-to-end approach. The company’s platform is built on a patented architecture that follows zero-trust principles. As such, it continuously enforces access policies based on a combination of user, device, and application context, while allowing a direct connection between end-users and corporate resources, without getting in the way. The company then authenticates the request according to access policies and the unique TrustScore, enhancing security, reducing clients’ attack surface, eliminating lateral movement, and preventing unauthorized access. Banyan Security is recognized for its potential to deliver the highest level of productivity to clients by leveraging its zero-trust architecture without compromising on the security aspect.

Banyan Security's platform includes three major components. The first one is an app that is deployed on end-users’ devices to support the quantified trust analysis. It also provides the user their security posture information, enabling self-remediation.

The next component is a SaaS platform, also dubbed as ‘command center’ where administrators write policies required for secure remote access. The third part is the enforcement plane, which comprises a set of entities deployed within the clients’ environment. This distributed enforcement plane supports a direct connection between devices and in-house applications, and enabling clients to completely own their data and preventing it from leaving their environment.

In addition to the platform, Banyan Security’s TrustScore gives them an edge in the market. With this innovative concept, similar to a credit score, companies are ensured that devices are authenticated with a sufficient score for the resource they are requesting to access – more sensitive resources require a higher TrustScore. A device’s TrustScore is computed based on contextual information about the user and device. Banyan Security integrates with the company’s identity providers and endpoint solution providers to collect more information on the devices to enhance the TrustScore calculation. “By making the TrustScore and associated security risks visible to employees, we ensure that the entire workforce is involved in the enterprise’s security equation,” says Gummaraju.

He goes on to mention that Banyan Security's platform is incremental in nature, which allows enterprises to deploy it alongside a VPN. This enables clients to bring one application into the platform at time and later on, migrate the entire system. Banyan’s customers have utilized this tractable, incremental approach to support only a few apps initially, or introduce the platform to help one organization, like developers, securely connect with their services, and then extend the solution to the rest of their workforce.

With such an innovative and robust value proposition, Banyan Security caters to a wide range of industries, including FinTech, healthcare, eCommerce, to name a few. In one instance, the company successfully deployed its solution for a Fortune500 company where 30,000 people leverage it on more than 50,000 devices to access 2000 applications.

Moving forward, the company plans to integrate with additional security tools to collect data for figuring out the trustworthiness of people and devices. Banyan Security is also on a mission of incorporating machine learning into its solution to enhance the accuracy in computing the TrustScore. “As a customer-focused company, we always intend to make our solutions easy-to-use and deliver the best outcomes,” concludes Gummaraju.

Top 10 Remote Work Tech Solution Companies - 2020

Company
Banyan Security

Headquarters
San Francisco, CA

Management
Jayanth Gummaraju, CEO and Co-Founder

Description
Banyan Security serves as a go-to partner for enterprises by providing them with the industry's most user-centric, zero-trust, network access solution. Unlike its competitors, who often approach access control from a network perspective, or an identity perspective only, Banyan Security adopts an end-to-end approach. The company’s platform is built on a patented architecture that follows zero-trust principles. As such, it continuously enforces access policies based on a combination of user, device, and application context, while allowing a direct connection between end-users and corporate resources, without getting in the way. The company then authenticates the request according to access policies and the unique TrustScore, enhancing security, reducing clients’ attack surface, eliminating lateral movement, and preventing unauthorized access

Top 10 Remote Work Tech Solution Companies - 2020

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