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    300454   CNE1000033T1

SANGFOR TECHNOLOGIES INC.

(300454)
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Sangfor Releases Extended Detection, Defense and Response Application Containment

09/15/2021 | 09:05pm EST

Sangfor Technologies announced the release of their long-awaited extended protection solution, XDDR Application Containment. Based on Sangfor's XDDR security framework, Application Containment allows the network and endpoints (both on-premise or in-cloud) to work together to identify, control, and report on all applications running on endpoints, or using the network to communicate. Sangfor's XDDR provides an integrated solution that protects against ransomware, malware, APTs, phishing websites and email, and potentially malicious applications. Controlling and enforcing internet access policies in the workplace has not been easy. Employees want access to the internet for personal use as well as their work, making overly restrictive security solutions difficult to implement and maintain. Organizations deploy proxy servers to control access to the internet and external applications. This access control is necessary to maintain productivity, ensure users do not access malicious sites and unknowingly download malware, and to maximize bandwidth utilization for critical business applications. Many users employ VPN (virtual private network) technology, anonymous browsers, and other proxy avoidance applications to bypass organizational security and content filtering policies enforced by the proxy servers. Sangfor XDDR Application Containment solutions enable the organization to quickly create Proxy Avoidance Protection policies for blocking usage of proxy avoidance tools and applications on the endpoint. Sangfor'sNGAF (Next Generation Application Firewall), IAG (Internet Access Gateway) and Endpoint Secure products work cohesively to provide real-time visualization of all application communication throughout the entire network, quickly identifying proxy avoidance traffic. Proxy Avoidance Protection policies can quickly be built on the NGAF or IAG from Sangfor's extensive library of anti-proxy and proxy avoidance applications. These policies are then deployed by Endpoint Secure to block or monitor anti-proxy applications. Organizations can also create whitelists and blacklists of applications in Application Containment. This gives administrators granular control of applications running on PCs, laptops, and servers to prevent installation of malware and ransomware, especially with users working from home, to prevent infection of corporate, enterprise, or organizational networks, resources, and critical assets. Peripheral Control manages access to connected USB devices to prevent data leakage. Traditional extended detection and response (XDR) is network security technology designed to provide increased visibility, analysis functions and response to cyber-threats in the network, cloud, applications, and endpoints. XDR is positioned as the most sophisticated technology available but tends to be more marketing hype than reality, having been developed as the progression of EDR, or endpoint detection and response, to work with non-integrated network security products. Unlike XDR products, Sangfor XDDR Application Containment is the only true solution where network and endpoint work together to identify, control, and report on both allowed and malicious applications running on endpoints and communicating across the network. Sangfor NGAF, IAG and Endpoint Secure coordinate responses so Application Containment can provide real-time blocking and monitoring of unapproved or malicious applications. Control can be regained from rogue applications delivered by ransomware, malware and APTs that users bring into networks. Sangfor Application Containment blocks the bypassing of internet access controls and prevents users from bringing them in again.


ę S&P Capital IQ 2021
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Financials
Sales 2021 7 480 M 1 180 M 1 180 M
Net income 2021 861 M 136 M 136 M
Net cash 2021 1 479 M 233 M 233 M
P/E ratio 2021 85,5x
Yield 2021 0,11%
Capitalization 74 001 M 11 670 M 11 671 M
EV / Sales 2021 9,70x
EV / Sales 2022 7,09x
Nbr of Employees 7 553
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Mean consensus BUY
Number of Analysts 17
Last Close Price 178,01 CNY
Average target price 291,84 CNY
Spread / Average Target 63,9%
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Managers and Directors
Chao Xi He Chairman & Chief Executive Officer
Jia Jun Ma Chief Financial Officer
Chun Hao Zhou Chairman-Supervisory Board
Dan Hao Independent Director
Xiao Jian Wang Independent Director
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