ThreatX, a provider of SaaS-based web application firewall (WAF) solutions, has hired cybersecurity industry veterans David Roshak and Mike Reagan as CFO and COO respectively. Bringing Mr. Roshak and Mr. Reagan on board would allow ThreatX to strengthen its executive team and tap their wealth of industry knowledge to accelerate ThreatX’s growth and WAF market leadership.
Major analyst firms predict that more than 70 percent of WAF deployments will be delivered as a cloud service or virtual appliance by 2020. Analyst firms also predict 2020 will see over half of all public-facing web applications protected by cloud-based WAF platforms, combining CDN, DDoS protection, and bot mitigation.
ThreatX offers these capabilities via a single solution, providing a behavior-based application security approach that would provide complete visibility, reduce false positives, and prevent legitimate traffic from being blocked.
A seasoned technology veteran with more than 20 years of leadership experience, David Roshak joins ThreatX from Optiv, which was created in 2015 as a result of the Accuvant and FishNet Security merger. With a strong financial, operational and channel background and experience helping organizations seize market opportunities, as ThreatX’s new CFO, Mr. Roshak would play a pivotal role in ThreatX’s next phase of growth.
“As enterprises continue to connect applications and migrate them to the cloud, they must also focus on securing a large attack surface from a continually advancing threat landscape,” said David Roshak, the newly appointed CFO of ThreatX.
ThreatX has amazing momentum and its behavior and risk-based web application firewall will fundamentally transform how enterprises deploy and protect their web and cloud applications from malicious threats.
I am looking forward to helping the company further capitalize on this opportunity and continue its rapid growth.”
A 30+ year industry veteran, Mike Reagan comes to ThreatX from SIEM provider LogRhythm where he played a pivotal role in growing the business from <$1M to over $150M in annual sales. Mr. Reagan has held executive management roles in sales, marketing, business development, and channel and product management and will lead ThreatX’s strategy development and drive the customer experience.
“ThreatX’s attacker centric, SaaS-based WAF is setting a new standard for website and application protection,” said Mike Reagan, the newly appointed COO of ThreatX.
The company’s unique solution is empowering enterprises around the globe to address the increasingly sophisticated threat landscape and the simultaneous shortage of cybersecurity professionals.
I’m thrilled to be joining this team of highly skilled and passionate security experts and establishing ThreatX as a leader in this billion dollar market experiencing double-digit growth.”