Integrating Skyfence’s cloud access security broker (CASB) capabilities with Forcepoint’s web security and data loss prevention (DLP) technologies will provide customers increased visibility, control and security as users interact with data wherever it resides, including within cloud applications. The integration also provides Forcepoint customers greater flexibility in deploying web security via on premise-, hybrid- and cloud-based solutions.
As more organizations migrate to cloud services, the CASB market is expected to experience significant growth. According to Gartner, “by 2020, 85% of large enterprises will use a cloud access security broker platform for their cloud services, which is up from less than 5% today.”1
Skyfence provides visibility and control over cloud applications approved for use by an organization (e.g., NetSuite, Office 365, Salesforce, Workday), as well as those employees might use without approval (e.g., Dropbox, G Suite and Box). Skyfence helps companies to determine which cloud applications are in use by employees, analyzes content in real-time to prevent malicious or unauthorized leakage and quickly identifies and blocks cyber-attacks. Integrating Forcepoint DLP with Skyfence will further broaden customers’ abilities to protect critical business and personal data.
Skyfence capabilities are particularly important to companies seeking to protect intellectual property, as well as those facing compliance requirements, such as the European General Data Protection Regulation (GDPR), Payment Card Industry Data Security Standard (PCI-DSS) and Sarbanes Oxley (SOX).
The acquisition of Skyfence by Forcepoint extends a relationship launched in March 2015. At the time, Forcepoint (then Raytheon│Websense) entered into a licensing arrangement that enabled the company to embed the Skyfence Cloud App Catalog into the company’s web security gateway products.
Upon the close of the transaction, Skyfence technology and employees will join the Forcepoint team. The Skyfence team will continue to be based in Ramat Gan, Israel.