DATA SECURITY, PLATFORM SECURITY, SOFTWARE SECURITY
Businesswire | April 27, 2023
Lookout, Inc., the endpoint-to-cloud security company, today announced it has entered into an agreement to sell its consumer mobile security business to F-Secure, a global provider of consumer security products and services. This complementary acquisition expands F-Secure’s market leadership in the communication service provider channel and accelerates its vision of becoming the No. 1 security experience company.
With this transaction, Lookout’s core business will now evolve into a pure-play enterprise company.
“In today's complex cybersecurity landscape, consumers want consolidated solutions that secure every aspect of their digital lives in a seamless experience,” said Jim Dolce, Lookout CEO. “Early discussions with F-Secure led both parties to the realization that we’d be better together. The combination creates a holistic, integrated consumer experience while building on a shared partner-centric go-to-market model. The impact on customers is a genuine example of when one plus one equals three.”
With this partial divestiture, Lookout’s core enterprise business will continue to expand and diversify to address the most pressing security challenges facing IT and security leaders today. The core business includes Lookout’s Mobile Endpoint Security (MES) and its Security Services Edge (SSE) cloud-native solution, the Lookout Cloud Security Platform. Lookout plans to redirect the transaction proceeds back into the business and invest in expanding its enterprise products and customer base with a clear focus and vision.
“Our success in the highly competitive enterprise market has compelled us to focus our product and go-to-market efforts to gain advantage,” continued Dolce. “By doubling down on the enterprise market, we’ll be better positioned to capitalize on its projected hypergrowth, fueled by an increase in remote and hybrid work, a shift to cloud-based delivery models and the transition to zero-trust architectures.”
Lookout entered the fast-growing cloud security market through its acquisition of CipherCloud in March 2021, and that business continues to grow and expand. Its Cloud Security Platform was recently scored among the highest three vendors in the 2023 Gartner Critical Capabilities for Security Service Edge (SSE)1 report in each of the four use cases. The Gartner Critical Capabilities for SSE – an essential companion to the Gartner Magic Quadrant™ for SSE2 in which Lookout was named a Visionary for the second year in a row – is a comparative analysis that scores products or services against a set of critical differentiators that every business needs, as identified by Gartner.
The divestiture of Lookout’s consumer mobile security business segment is expected to close by the end of June, 2023.
About Lookout
Lookout, Inc. is the endpoint-to-cloud security company purpose-built for the intersection of enterprise and personal data. We safeguard data across devices, apps, networks and clouds through our unified, cloud-native security platform — a solution that's as fluid and flexible as the modern digital world. By giving organizations and individuals greater control over their data, we enable them to unleash its value and thrive. Lookout is trusted by enterprises of all sizes, government agencies and millions of consumers to protect sensitive data, enabling them to live, work and connect — freely and safely. To learn more about the Lookout Cloud Security Platform, visit www.lookout.com and follow Lookout on our blog, LinkedIn and Twitter.
© 2023 Lookout, Inc. LOOKOUT®, the Lookout Shield Design®, LOOKOUT with Shield Design®, and SIGNAL FLARE® are registered trademarks of Lookout, Inc. in the United States and other countries. DAY OF SHECURITY®, LOOKOUT MOBILE SECURITY®, and POWERED BY LOOKOUT® are registered trademarks of Lookout, Inc. in the United States. Lookout, Inc. maintains common law trademark rights in EVERYTHING IS OK, PROTECTED BY LOOKOUT, CIPHERCLOUD, SCREAM, the 4 Bar Shield Design, and the Lookout multi-color/multi-shaded Wingspan design.
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DATA SECURITY, ENTERPRISE SECURITY, SOFTWARE SECURITY
Businesswire | May 11, 2023
Qumulo, the simple way to manage exabyte-scale data anywhere, today announced integration with the Varonis Data Security Platform and introduced their new Snapshot-Locking capability to protect customers against ransomware. With an increasing number of ransomware attacks on private businesses, public agencies, and healthcare organizations, managing cybersecurity risk is a bigger priority than ever before. The ongoing threat of cyberattacks forces IT organizations to constantly evolve their ability to detect ransomware and malware outbreaks across petabytes of data, in real time, and respond quickly to minimize the damage inflicted.
Qumulo and Varonis have partnered to provide an end-to-end solution that protects Qumulo customers from ransomware in both cloud and on-premises environments. The Varonis Data Security Platform provides real-time visibility and control over cloud and on-premises data and automatically remediates risk. Varonis’ behavior-based threat models detect abnormal activity proactively and can stop threats to data before they become breaches. In the storage layer, Qumulo offers data protection by cryptographically locking snapshots, allowing administrators a simple mechanism to stop attackers from infecting valuable customer data.
“Securing unstructured data can be very challenging due to its sheer volume, and the expansive number of places it is stored and used by companies,” said Kiran Bhageshpur, Chief Technology Officer, Qumulo. “Our new integration with Varonis will help our customers have complete visibility into where their most valuable data and key vulnerabilities are, especially for threats like ransomware.”
The combined solution operates across three areas to protect against bad actors’ attempts to spread ransomware and malware within Qumulo:
Prevention through continuous data exposure and risk monitoring with automatic remediation and least privilege enforcement
Detection of anomalous activity and activity patterns that resemble ransomware across data stored in Qumulo
Rapid recovery of data in the event of a successful attack
Varonis uses Qumulo’s APIs and granular audit logging to monitor user logins, permissions changes, file and folder activity, and pattern detection to warn against suspicious activity that may indicate threat actors or malicious insiders. Qumulo’s Snapshot-Locking feature uses cryptographic protection, where only the customer has access to the cryptographic key-pair required to unlock the snapshot. Together, the Qumulo-Varonis solution offers enterprise IT organizations a simple, secure, and scalable way to manage data anywhere.
“Organizations face an uphill climb when it comes to securing vast amounts of data across the cloud — in fact, we surveyed more than 700 companies and found that 81 percent had sensitive SaaS data exposed,” said David Bass, Executive Vice President of Engineering and Chief Technology Officer, Varonis. “We’re pleased to be teaming with Qumulo to provide greater visibility and control for companies looking to secure their critical data and proactively help mitigate the impact of a potential attack.”
About Qumulo, Inc.
Qumulo is the simple way to manage exabyte-scale data anywhere — edge, core, or cloud — on the platform of your choice. In a world with trillions of files and objects comprising 100+ zettabytes worldwide, companies need a solution that combines the ability to work anywhere with simplicity. This is precisely what Qumulo was founded to accomplish.
About Varonis
Varonis is a pioneer in data security and analytics, fighting a different battle than conventional cybersecurity companies. Varonis focuses on protecting enterprise data: sensitive files and emails; confidential customer, patient, and employee data; financial records; strategic and product plans; and other intellectual property. The Varonis Data Security Platform detects cyber threats from both internal and external actors by analyzing data, account activity, and user behavior; prevents and limits disaster by locking down sensitive and stale data; and efficiently sustains a secure state with automation. Varonis products address additional important use cases including data protection, data governance, Zero Trust, compliance, data privacy, classification, and threat detection and response. Varonis started operations in 2005 and has customers spanning leading firms in the financial services, public, healthcare, industrial, insurance, technology, consumer and retail, energy and utilities, construction and engineering, and education sectors.
Qumulo, Scale Anywhere(™) and the Qumulo logo are registered trademarks or trademarks of Qumulo, Inc. All other marks and names herein may be trademarks of other companies. Copyright © 2023. All Rights Reserved.
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DATA SECURITY, PLATFORM SECURITY, SOFTWARE SECURITY
Prnewswire | April 12, 2023
Keeper Security, the leading provider of zero-trust and zero-knowledge cybersecurity software protecting passwords, privileged access, secrets and remote connections, today announces a series of significant new User Interface (UI) updates to its password management platform for a friendlier and more intuitive experience. Keeper's upgraded user interface offers clearer distinctions between elements, as well as enhanced clarity and searchability, to improve the user experience and make it even easier to take advantage of Keeper's powerful features.
"Our customers' satisfaction with their user experience is a priority for us. We are fanatical about creating solutions that are as user-friendly as they are secure" said Keeper CEO and Co-Founder, Darren Guccione. "At Keeper, our design and product teams are constantly working to modernize Keeper's cybersecurity products which ultimately unifies ease-of-use and world-class security."
Keeper customers can expect an updated experience with this overhaul of the vault's user interface – offering a fresh, updated look with modern styling for a welcoming and streamlined appeal. Highlights to the updated UI include:
Friendlier Interface: Keeper's streamlined UI will reduce grid lines and introduce cleaner colors and adjustable panes.
Streamlined Usability: More efficient user workflows will reduce the number of clicks necessary to complete a task.
Accessibility and Inclusion: Upgraded UI will provide colors, contrast and font/icon sizes compliant with Web Content Accessibility Guidelines (WCAG) standards.
Advanced Search: New, easy-to-use filters will enable users to search their Keeper Vaults with the utmost flexibility.
Onboarding: The new onboarding wizard provides a more welcoming guided experience to setting up a user's vault.
Lost Records: Keeper will now show the shared folder name and record contents of all records that are deleted out of shared folders.
When customers log into Keeper, they will immediately notice a refreshed Web and Desktop Vault featuring the new, modern UI. Animated record and folder details are displayed for better clarity, legibility and modern style, and users will be able to customize their individual colors. Users can now enjoy improved vault organization with modern interface elements such as modals, popups and dialogs – all improved to be equally functional and stylish. The interface will also display avatars with initials to allow teammates to quickly identify contacts when sharing records and folders.
As Keeper expands into larger markets, the number of folders and records in enterprise vaults has increased exponentially, with some customers having tens of thousands of record counts. To address this, Keeper will now offer advanced search capabilities to quickly pinpoint data in the vault. This search function will allow users to specify one or more search operators that can be used in combination to locate folders and records – while also allowing for granular searches that include specific values in specific record fields. Meanwhile, the brand new Keeper Quick Search feature will show recently viewed items and provide lightning fast results.
Also coming soon for Keeper's users is a new fixed-sized browser extension, which will stay consistent from screen to screen, and replicate the Web Vault improvements on mobile devices. The browser extension provides a more spacious design, easier identification of key fields, useful settings and features with easy-to-find logos, and simple navigation with new layouts.
For mobile apps, the new UI will feature friendly elements that are easier to read and navigate on smaller screens. For iOS, Keeper users will benefit from performance improvements, faster speeds and enhanced search results to easily find folders and their contents – even with tens of thousands of records. Android users will see cleaner themes with a new default Light Mode and revamped user-selected themes to match Keeper's UI enhancements. Additional features include a navigation bar for quick access to important screens on the app and frictionless Multi-Factor Authentication (MFA) login.
Keeper is taking an incremental approach to improving the user experience, continuously enhancing the look, feel and usability of its applications, while staying mindful of the importance of familiarity, consistency and the world-class functionality and security that Keeper users are accustomed to.
For more information about Keeper's password management platform and the new updates, please visit Keeper's Documentation Portal and Release Notes.
About Keeper Security
Keeper Security is transforming the way people and organizations around the world secure their passwords, secrets and confidential information. Keeper's easy-to-use cybersecurity platform is built on a foundation of zero-trust and zero-knowledge security to protect every user on every device. Our solution deploys in minutes and seamlessly integrates with any tech stack to prevent breaches, reduce help desk costs and ensure compliance. Trusted by millions of individuals and thousands of organizations globally, Keeper is the leader for best-in-class password management, secrets management, privileged access, secure remote access and encrypted messaging. Protect what matters at KeeperSecurity.com.
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