Cisco Powers Up on Cyber Security with New Acquisition of CloudLock
Cisco recently announced the acquisition of their fifth cyber security company this year, this time CloudLock with $293 million. This points directly to the company’s focus on cyber threats, and that means that soon, managed IT solutions in Toronto, who are partnered with Cisco, will be able offer enhanced security to their clients.
CloudLock has some unique features which made them a viable acquisition for Cisco. To discuss the matter further. We share an article by Michael Cooney that covers the current state of Ciso, CloudLock and what we can look forward to in the near future:
Cisco reinforces cloud security technology with $293M CloudLock buy
Cisco today said it would make its fifth acquisition of the year by acquiring cyber security provider CloudLock for $293 million.
The move should bolster Cisco’s overarching cloud security offerings and the CloudLock team will join Cisco’s Networking and Security Business Group under Senior Vice President and General Manager David Goeckeler, Cisco stated.
In a blog post announcing the deal, Cisco’s Rob Salvagno, vice president of Cisco Corporate Business Development, said: “CloudLock specializes in Cloud Access Security Broker, or CASB, technology and helps organizations move faster to the cloud. CloudLock delivers cloud security to help track and manage user behavior and sensitive data in SaaS applications, such as Office 365, Google Drive, and Salesforce. Enterprise IT can then enforce a granular security policy within these cloud applications. For example, CloudLock can help protect data and enforce access rules when an employee tries to access sensitive data stored in a SaaS application from an unprotected device, in a defined geography, at a specific time of the day – essentially, ‘security anywhere, anytime’ for content in the cloud. CloudLock extends these security controls to the IaaS and PaaS layers as well.”
In a crowded market of cloud access security broker vendors, CloudLock has built a powerful go-to-market engine that has managed to grow to attract over 700 customers, including Fortune 500 companies, in less than five years, Salvagno said. “CloudLock brings a unique cloud-native, platform and API-based approach to cloud security which allows them to build powerful security solutions that are easy to deploy and simple to manage.”
It is great to see the tech giants making a move to stand up against cyber threats, and offer potential solutions to businesses. The best thing is, there are always new innovations and trends to look forward to. For instance, consider the fact that Google Recent announced a widget that will allow users to test their internet speed on the search engine directly. Read more below;
Google testing new tool to check internet speeds directly in search results
Google appears to be testing a new widget that lets users check their internet speed directly in search results.
As shown in this screenshot shared via a tweet from Moz marketing scientist Dr. Pete Meyers, a Google search for “check internet speed” returned the internet speed test widget with a “Run Speed Test” button.