Zscaler (ZS) Zenith Live 2024 summary

Strategic platform expansion and innovation

• Platform now covers users, workloads, IoT, OT, and B2B, with a focus on Zero Trust, AI-driven insights, and 150+ integrations.

• Serviceable addressable market has grown from $72B to $96B, driven by data protection, Zero Trust factories, and actionable insights applications.

• Acquisitions like Airgap and Avalor enhance factory IoT/OT security and unified vulnerability management.

• AI cloud and Data Fabric initiatives harmonize 400B daily transactions for real-time, contextual risk scoring and analytics.

• Zero Trust SD-WAN and device segmentation enable secure, simplified connectivity for branches, factories, and IoT/OT devices.

Data protection and Zero Trust networking

• Data protection portfolio now addresses structured/unstructured data, all channels, and all data states, consolidating legacy DLP and CASB solutions.

• Addressable market for data protection has doubled to $20B, with large wins in banking, financial services, and technology sectors.

• Zero Trust Networking disrupts legacy SD-WAN and firewall models, enabling secure, agentless connectivity for all devices, including IoT/OT.

• Airgap acquisition brings Zero Trust to LAN, expanding the opportunity to secure billions of additional devices and critical infrastructure.

• Inline inspection and threat prevention protect sensitive data from both external and insider threats in real time.

Risk management and security posture

• Risk360 provides holistic, AI-driven risk assessment, with a risk score of 24.1, well below the peer average of 50.0.

• Data loss and lateral propagation risks are below peer benchmarks due to advanced segmentation and less risky app usage.

• Financial risk exposure is $9.7M, much lower than the peer average of $39M, reflecting strong security controls.

• Key recommendations include discontinuing VPNs, implementing posture checks, and reviewing SaaS access.

• Weekly CISO reports and cybersecurity maturity assessments support ongoing risk management and compliance.