Intelligent CIO North America Issue 50 | Page 10

NEWS

Fortinet acquires enterprise data security company Next DLP

Fortinet has acquired Next DLP , a leader in insider risk and data protection .

With this acquisition , Fortinet will improve its position in the standalone enterprise data loss prevention ( DLP ) market and strengthen its leadership in integrated DLP markets within endpoint and SASE in alignment with Fortinet ’ s business strategy .
Ken Xie , Founder , Chairman of the Board and CEO , Fortinet , said : “ Next DLP will significantly strengthen our data loss prevention capabilities , helping customers manage insider risk across SASE and endpoint deployments .
“ Innovating data security has been our sole focus since day one . By prioritizing the protection of our customers , we have developed leading solutions for insider risk and data protection . Data security and protection against insider threats are top priorities for enterprises and integrating Next DLP with Fortinet will extend the reach of our leading data security solutions to organizations worldwide .
Connie Stack , CEO , Next DLP , said : “ We see tremendous potential in combining Next DLP ’ s innovative technology with Fortinet ’ s market leadership . This acquisition recognizes the technical excellence of Next DLP ’ s team and provides a great platform for their further growth and success .”
As part of its commitment to offering enterprises a top-tier Unified SASE solution , Fortinet plans to integrate Next DLP ’ s technology to add advanced data loss prevention capabilities to Fortinet ’ s security service edge ( SSE ) offering , as well as integrate additional insider risk and data protection capabilities across the Fortinet Security Fabric .

SAP Enterprise Cloud Services selects CyberArk to safeguard the world ’ s largest organizations

SAP Enterprise Cloud Services ( ECS ) will implement CyberArk to secure privileged and sensitive access to their cloud services with zero standing privileges , protecting client data and allowing for easier auditing .

Matt Cohen , Chief Executive Officer , CyberArk , said : “ With identitybased attacks on the rise , a new paradigm is required for identity security – one where every identity is secured with the right level of privilege controls ,”
SAP ECS is the biggest private cloud in the world . With hundreds of thousands of servers , it runs the core operations of more than 6,000 of the largest organizations worldwide , across all major industries .
“ The team at SAP ECS understands this and has laid out a bold vision for protecting its customers through zero standing privileges and justin-time access .”
To manage and secure privileged access and increase cyber resilience , SAP ECS ’ s defensive architecture team will deploy several components of the CyberArk Identity Security Platform , including CyberArk Secure Cloud Access .
The project includes enforcing zero standing privileges to all sessions , whether they are related to cloud consoles , applications or database access – all from a single user interface .
Roland Costea , CISO Enterprise Cloud Services and Executive Vice President , SAP , said : “ My team ’ s vision for introducing CyberArk to SAP ECS is to build next-generation identity security for the business , providing the highest possible level of protection and reassurance to our global customer base .
10 INTELLIGENTCIO NORTH AMERICA www . intelligentcio . com