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Cisco to acquire CloudLock to boost security options

Wednesday 29 June 2016 11:32 CET | News

Cisco has announced its plans to acquire cloud security company CloudLock in a USD 293 million deal.

CloudLock specializes in cloud access security broker (CASB) technology which provides insight and analytics focused on user behaviour and sensitive data in the cloud. The move builds on Cisco’s ‘Security Everywhere’ strategy, its initiative designed to provide protection from the cloud to the network to the endpoint.

The purpose of CASB solutions is to sit between the cloud provider and cloud consumer to consolidate multiple types of security policies including authentication, single sign-on, encryption, tokenization and malware detection. The CASB solution offers a level of assurance for those customers who have concerns over the security provided by cloud providers themselves, as the concept of secure and risk with vary dependent on the company.

By integrating CASB solutions, a cloud consumer can dictate how many additional layers of security are placed on top of a cloud provider’s offering, to allow the cloud consumer to define their own risk profile. The concept of CASB on the whole could go some way to mitigate the security concerns for those companies who have not currently adopted the cloud for more sensitive workloads.


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Keywords: online security, cloud-based system, behaviour analytics, sensitive data, Cisco, CloudLock
Categories: Fraud & Financial Crime
Companies:
Countries: World
This article is part of category

Fraud & Financial Crime