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Xerox Gains on Leadership Recognition

Xerox (NASDAQ:XRX) today announced it has been named a Leader in Quocirca’s 2023 Print Security Market Landscape Report. This annual report provides a snapshot of the positioning of vendors in the Global Print Security market and recognizes the top print industry vendors who offer security solutions as part of their portfolio.

The report also reveals the ongoing challenges organizations face in securing print infrastructure as they adjust to a hybrid workplace. According to Quocirca, despite the ongoing digitization jump fueled by the pandemic, 61% of organizations have experienced data losses in the past 12 months due to unsecure printing practices.

“As cybercrime continues to grow, our clients are looking for solutions to prevent data loss and mitigate security risks. It’s more important than ever to enable security solutions for distributed workforces,” said Tracey Koziol, executive vice president of Global Offering Solutions and chief product officer at Xerox. “Xerox continues to invest to protect our clients’ print infrastructure and data, and we’re honored to be recognized by Quocirca as a print security leader.”

Xerox advanced its leadership position in this year’s assessment. Quocirca commended the company for its deepening capabilities across device security, fleet management and content security. Also noted were advancements made in certificate management, firmware management, vulnerability management, security monitoring and automated remediation.

XRX shares gained 42 cents, or 2.7%, to $15.66.