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ProofPoint to move into incident response area with acquisition

by The Gurus
May 22, 2014
in Editor's News
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ProofPoint is to acquire NetCitadel to add incident response capabilities to its product and service offering.
 
With a figure of $24 million (£14 million) reported by ProofPoint, the deal will extend the reach and capabilities of Proofpoint’s existing advanced threat solutions, adding additional threat verification and containment capabilities via an open platform that unifies products from Proofpoint and other vendors.
 
Steele, chief executive officer of Proofpoint, said: “Loss of customer records and other sensitive information can begin within minutes of a system compromise, yet it typically takes organisations hours or days to respond to and contain an attack.
 
“By leveraging NetCitadel’s cutting edge technology, organisations can close this critical gap and dramatically reduce the risk of significant data loss. This technology is a natural complement to our cloud-based offerings and allows us to deliver a comprehensive advanced threat solution to all organisations, regardless of their existing IT security infrastructure.”
 
The offering will unify disparate threat intelligence data with automated incident response, to enable security professionals to respond to threats faster and in a more scalable way.
 
Mike Horn, NetCitadel co-founder and former chief executive officer, who will be named as vice president of threat and response products at Proofpoint, said: “NetCitadel’s incident response platform has been fulfilling a critical need for our customer base by slashing incident response times and cost. We’re excited to join forces with Proofpoint and bring this technology to the broader market.”
 
Also this week, ProofPoint announced the launch of ProofPoint Content Control to offer a cloud-based solution for control of confidential, private, and regulated data. The company said that this is an addition to its Enterprise Privacy suite to provide complete visibility and control over sensitive content such as customer records, patient information or credit card data across the enterprise.

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