Data Theorem Named a Visionary for Second Year in a Row in 2022 Gartner® Magic Quadranttm for Application Security Testing

Data Theorem, Inc., a leading provider of modern application security, today announced that it has been positioned by Gartner in the Visionaries Quadrant of the Gartner Magic Quadrant for Application Security Testing, 2022.¹ Last year, Data Theorem was also positioned by Gartner in the Visionaries Quadrant of the 2021 Gartner Magic Quadrant for Application Security Testing.²

According to Gartner, "Modern application design and the accelerating adoption of DevSecOps are expanding the scope of the AST market. Security and risk management leaders can meet tighter deadlines and test more-complex applications by seamlessly integrating and automating AST in the software delivery life cycle."¹

With more than nine years of R&D investment, Data Theorem's award-winning Analyzer Engine is the technology underpinning for all of its flagship products: API Secure, Cloud Secure, Mobile Secure, Web Secure, and the recently launched Supply Chain Secure. The Analyzer Engine uniquely enables automated API and application discovery, inspection, and remediation of vulnerabilities, helping organizations to prevent data breaches of their applications. Data Theorem's customers include six of the world's seven biggest banks and some of the largest global companies, and its AppSec defensive libraries protect more than 5 billion application instances and growing.

According to Gartner, "Market drivers, centered on increasing regulatory and compliance mandates and a growing recognition of the risks associated with software, remain. A variety of high-profile software supply chain attacks underscored those risks, and ? at least in the U.S. ? prompted regulatory actions that will continue to drive overall application security demands. Based on these drivers, we expect worldwide AST end-user spending to exceed $3.1 billion in 2022."¹

To download a copy of the Gartner Magic Quadrant for Application Security Testing, 2022 report, see https://www.datatheorem.com/resources/reports/gartner-ast-mq-2022.

"We believe Data Theorem's position again as a Magic Quadrant Visionary by Gartner validates our vision to protect API, cloud, mobile, and modern web apps with continuous monitoring and remediation," said Himanshu Dwivedi, Data Theorem CEO. "As the API economy and cloud-native applications continue to proliferate, we see the attack surfaces and data breaches of businesses increasing at a similar rate. With our suite of cloud, web, API, and mobile products, Data Theorem has become one of the most valued partners to enable automated attack surface management and the prevention of AppSec data breaches."

Data Theorem's broad AppSec portfolio protects organizations from data breaches with application security testing and protection for modern web frameworks, API-driven microservices and cloud resources. Its solutions are powered by its award-winning Analyzer Engine, which leverages a new type of dynamic and run-time analysis that is fully integrated into the CI/CD process, and enables organizations to conduct continuous, automated security inspection and remediation. Data Theorem is one of the first vendors to provide a full stack application security analyzer that connects attack surfaces of applications starting at the client layers found in mobile and web, the network layers found in APIs, and the infrastructure layers found in cloud services.

Note 1 ? "Gartner Magic Quadrant for Application Security Testing," by Dale Gardner, Mark Horvath and Dionisio Zumerle. April 18, 2022.
Note 2 ? "Gartner Magic Quadrant for Application Security Testing," by Dale Gardner, et al. May 27, 2021.
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About Data Theorem

Data Theorem is a leading provider of modern application security, helping customers prevent AppSec data breaches. Its products focus on API security, cloud (serverless apps, CSPM, CWPP, CNAPP), mobile apps (iOS and Android), and web apps (single-page apps). Its core mission is to analyze and secure any modern application anytime, anywhere. The award-winning Data Theorem Analyzer Engine continuously analyzes APIs, Web, Mobile, and Cloud applications in search of security flaws and data privacy gaps. The company has detected more than 5 billion application incidents and currently secures more than 25,000 modern applications for its enterprise customers around the world. Data Theorem is headquartered in Palo Alto, Calif., with offices in New York and Paris. For more information visit www.datatheorem.com.

Data Theorem and TrustKit are trademarks of Data Theorem, Inc. All other trademarks are the property of their respective owners.