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CipherCloud expands security platform with CloudUp acquisition

CipherCloud expands security platform with CloudUp acquisition

Acquisition aimed at bolstering security in the Cloud

Cloud security firm CipherCloud has bought CloudUp Networks, a privately held provider of SaaS application security, in a bid to expand its security platform.

It is hoped the acquisition will complement the company’s commitment to delivering a holistic platform to protect data in the cloud.

According the a company statement, CipherCloud is developing security innovations that remove the data privacy and compliance barriers to cloud adoption.

The integration of CloudUp Networks broadens the CipherCloud platform with capabilities to scan and tag different classes of data in order to protect sensitive organisational information.

CloudUp technology provides a holistic view of the sensitivity of data across all cloud applications and enables data loss protection policies to be enforced on cloud data based on the sensitivity or risk level of that data.

These capabilities enhance an organisation’s visibility into and compliance controls for data throughout its cloud lifecycle.

CipherCloud chief executive and founder, Pravin Kothari, said the company would continue to raise the bar for Cloud information protection.

“The consumption of multiple Cloud applications into the enterprise requires security to be in lock step with visibility,” he said.

“This acquisition reflects our strategy of growing our business with the tools our customers need to go to the cloud.”

The transaction closed in early January. The financial terms of the acquisition are not being disclosed.

The CipherCloud platform provides organisations with protection controls that enable organisations to comply with government regulations and industry mandates including GLBA, PCI, HIPAA and HITECH, the EU Data Protection Act, UK ICO guidance, the Australian Privacy Amendment Act and US State privacy laws.

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Tags PCICipherCloudthe EU Data Protection ActUK ICO guidancethe Australian Privacy Amendment Act and US State privacy lawsCipherCloud chief executive and founder Pravin KothariCloudUPGLBAHIPAA and HITECH

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