Tag: Cyber Security Threats

Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced that it has completed the acquisition of Lacework, a cloud security and cloud-native application protection platform (CNAPP) trailblazer, effective August 1, 2024.

“The addition of Lacework aligns with Fortinet’s commitment to protect our customers with innovative solutions that provide consistent security across on-premises and cloud environments,” said Ken Xie, Founder, Chairman of the Board, and CEO at Fortinet. “Integrating Lacework’s organically developed cloud-native platform with the Fortinet Security Fabric will result in the most comprehensive, full-stack AI-driven cloud security platform available from a single vendor.”

Like Fortinet, Lacework is an innovation-first company that has invested significantly to build, from the ground up, an integrated cloud security solution that adds meaningful value to customers. Lacework has been recognized for its leading technology by industry analysts and was recently named a representative vendor in the 2024 Gartner Market Guide for Cloud-Native Application Protection Platforms.1 In addition to advanced technology, Fortinet has gained a portfolio of 225 patents and applications, many related to cloud security and artificial intelligence, which reflects the innovation focus and will bring Fortinet’s global patent and application count to over 1,800, estimated to be more than the nearest three pure-play security vendors combined. This acquisition also brings an experienced sales team and a talented group of engineers whose expertise will be instrumental in delivering industry-leading solutions to Fortinet’s customers.

Read Full News @ https://ai-techpark.com/fortinet-completes-acquisition-of-lacework/

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NETSCOUT SYSTEMS, INC. (NASDAQ: NTCT), a leading provider of performance management, cybersecurity, and DDoS attack protection solutions, today introduced its new suite of Business Edge Observability products, including the nGenius Edge Sensor and Remote InfiniStreamNG solutions to deliver IT observability for remote locations at the digital edge. As the prevalence and importance of mission-critical applications and services expand at remote sites, like retail stores, manufacturing facilities, banks, utility companies, hospitals, and government offices, proactive, deep-dive observability is more critical in reducing business risk.

Recent research from the Uptime Institute points to the painful costs of outages. 16% of respondents stated their most recent outage cost more than $1 million, and 54% said costs exceeded $100,000, reinforcing the need for automating IT operations so mission-critical applications and data can be available locally.

“With the rise of edge computing, IoT solutions, front-line interactions, perimeter threats, and hybrid workers, detailed visibility into remote resources, exchanges, and application experiences is more critical than ever,” said Mark Leary, research director, network analytics and automation, IDC. “Key functions such as scalable deep packet inspection and synthetic transaction testing provide comprehensive views and valuable control mechanisms for the digital infrastructure, bolstering operational efficiency, worker productivity, customer satisfaction, security posture, and, ultimately, financial performance.”

Read Full News @ https://ai-techpark.com/netscout-expands-it-observability-for-the-digital-edge/ 

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