CloudLock Shares Insight Into Growing Cybersecurity Market in MassTLC 2016 State of the Technology Economy Report

WALTHAM, MA--(Marketwired - Jun 21, 2016) - In its 2016 State of the Technology Economy Report MassTLC confirmed that the high-tech sector in Massachusetts is one of the state's strongest economic engines. A rapidly growing Massachusetts-based company, CloudLock, the leading Cloud Access Security Broker (CASB) and Cloud Cybersecurity Platform, was tapped to provide its expertise to the report, which was released today to the business and tech community.

"Our region has a responsibility to take a leadership position in training and retaining a workforce with 21st Century skills, especially among women and underserved minorities, in order to meet the tech community's critical need for talent," said MassTLC President and CEO Tom Hopcroft. "Furthermore we must continue to tell our many success stories and boast of our state's numerous competitive advantages, in order to attract and retain the most talented innovators."

Over the last five years, Massachusetts tech employment has grown by more than 34,000 jobs. Concurrently, CloudLock has expanded rapidly, adding 60+ jobs and increasing revenue. In the report, Ron Zalkind, CTO and co-founder of CloudLock, shares what he believes will be the greatest innovations in cloud cybersecurity over the next decade, citing the proliferation of dynamic adaptive security controls as the next frontier in the field.

"The goal at CloudLock has always been to change the landscape of cybersecurity and make security the reason why companies adopt the cloud, not what prevents them from doing so," said Ron Zalkind, CTO and co-founder of CloudLock. "We are proud to be a Massachusetts-based company, helping to drive innovation, create jobs and fuel the economy of the state."

With an influx in cyberthreats, CloudLock is committed to delivering innovative solutions that provide rich security intelligence for organizations. Earlier this year, CloudLock launched the industry's first adaptive CASB security platform, which enables unprecedented detective, preventative, response and predictive capabilities to combat emerging cloud cyberthreats.

To download the MassTLC 2016 State of the Technology Economy report, please visit http://www.masstlc.org/?page=2016StateofTech.

About CloudLock
CloudLock is the cloud-native CASB and Cloud Cybersecurity Platform that helps organizations securely leverage cloud apps they buy and build. CloudLock delivers security visibility and control for SaaS, IaaS, PaaS and IDaaS environments across the entire enterprise in seconds. Founded by Israeli Elite Cybersecurity Military Intelligence experts, the company delivers actionable cybersecurity intelligence through its data scientist-led CyberLab and crowdsourced security analytics across billions of data points daily. CloudLock has been recognized by Inc. Magazine as the fastest growing security product company in the U.S. and by Glassdoor as one of the top 3 best places to work in the U.S. Learn more at www.cloudlock.com.