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Industry Landscape
The internet security infrastructure industry is currently experiencing substantial growth, driven by increasing cybersecurity threats and the need for enhanced online privacy. The demand for TLS certificates and secure digital infrastructure is rising. Open-source solutions like Let's Encrypt are playing a crucial role in democratizing access to security, while innovations in memory safety and privacy-preserving telemetry are gaining traction. The industry faces challenges related to funding sustainability and competition from commercial entities, but overall the outlook remains positive.
Total Assets Under Management (AUM)
TLS Certificates Issued in
~
( CAGR)
Total Addressable Market
8.5 billion USD
Market Growth Stage
Pace of Market Growth
Emerging Technologies
Memory Safety
Memory safety initiatives like Prossimo are crucial in mitigating vulnerabilities in critical infrastructure, safeguarding against memory-related errors that can lead to security breaches.
Privacy-Preserving Telemetry
Privacy-preserving telemetry, exemplified by Divvi Up, allows organizations to gather valuable application insights while protecting user privacy and adhering to data protection regulations.
Automated Certificate Management
Automated certificate management streamlines the process of issuing, renewing, and managing TLS certificates, reducing the risk of certificate-related outages and improving overall security.
Impactful Policy Frameworks
General Data Protection Regulation (GDPR)
The GDPR, enacted in 2018, regulates the processing of personal data of individuals within the EU, imposing strict rules on data collection, storage, and usage.
Compliance with GDPR necessitates stronger data protection measures, aligning with ISRG's privacy-focused initiatives and increasing demand for privacy-preserving technologies like Divvi Up.
California Consumer Privacy Act (CCPA)
The CCPA, effective in 2020, grants California consumers various rights over their personal data, including the right to know, the right to delete, and the right to opt-out of the sale of their data.
CCPA compliance drives demand for enhanced online privacy and security, which supports the adoption of free TLS certificates and other security measures promoted by ISRG.
NIST Cybersecurity Framework
The NIST Cybersecurity Framework provides a set of standards, guidelines, and best practices to help organizations manage cybersecurity risks effectively (updated continuously).
NIST guidelines promote robust cybersecurity practices, which directly influences the adoption of TLS certificates and memory safety measures advocated by ISRG, enhancing their relevance and impact.
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