Blue Coat Systems, Inc., an enterprise security company, announced it has acquired Perspecsys, Inc., an enterprise cloud data protection solutions company.
With the acquisition, Blue Coat said it intends to significantly expand its cloud security offerings and positions it as a leader in the Cloud Access Security Broker (CASB) segment, setting a new bar for data protection within cloud applications.
Kenneth Chen, Blue Coat Managing Director for ASEAN, Hong Kong & Taiwan says that CASBs have become the primary means of layering security onto SaaS (Software as a Service) applications, “We predict substantial growth for this space over the next five years. As SaaS deployments continue to increase, CASB will become an essential component of enterprise data and cloud security.”
This acquisition of Perspecsys enables Blue Coat to offer the industry’s widest range of CASB capabilities within its Secure Web Gateway portfolio – protecting data in an era of user-led cloud application consumption.
Blue Coat said that the Perspecsys’ Cloud Data Protection platform solves the key business risks associated with data compliance, privacy and security for enterprises as they move to adopt cloud-based applications.
Through the use of its patented cloud data tokenisation and encryption capabilities, Perspecsys puts enterprises in complete control of their data at all times, regardless of where the data resides, both while in use and at rest in the cloud. By removing the risks associated with placing sensitive data in the cloud with applications such as salesforce.com, ServiceNow and Oracle, Perspecsys effectively makes the public cloud private.
“Bluecoat is paying close attention to the unique needs of multinationals that reside or are doing business in geographies with strict compliance and data sovereignty requirements. In short, Perspecsys’ capability reduces corporate cyber-crime risk. Management of data at rest via tokenizing or encrypting is rapidly becoming a critical element of cyber defense for both corporate owned infrastructure and cloud applications,” ends Chen.
