The rapid move to the cloud and remote work prompted by the COVID-19 pandemic are creating dynamic work environments that promise to drive new levels of productivity and innovation. But they have also opened the door to a host of new security and reliability concerns and sparked a significant increase in cyberattacks. The Federal Bureau of Investigation has reported a 400% increase in the number of cyberattack complaints since the pandemic began and more workers have had to access corporate resources remotely. To help companies defend themselves, Citrix® Systems, Inc. (NASDAQ:CTXS) is introducing two new workspace security solutions designed to secure access and protect applications wherever work needs to get done.
Work today is happening everywhere on everything from corporate issued laptops and mobile devices to personal tablets and even smartwatches. While this new-found freedom has given a major boost to productivity and innovation, it has also raised a new set of security concerns that require a more intelligent and contextual approach to address. To help drive it, Citrix® Systems, Inc. (NASDAQ:CTXS) today announced that it is expanding the Citrix Ready™ Workspace Security Program to include Zero Trust solutions from trusted and verified partners that will allow companies to simplify the selection of vendors and leverage their existing investments to design a modern security framework that delivers Zero Trust outcomes.
CTXS earnings call for the period ending September 30, 2020.