CipherCloud Expands Platform by Acquiring Anicut Systems

By CIOReview | Wednesday, April 1, 2015
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SAN JOSE, CA: CipherCloud, a cloud security solution provider, acquires Anicut Systems, a privately held provider of adaptive security as a service. This acquisition complements the company's commitment to delivering a holistic cloud security platform that enables enterprise cloud adoption.

CipherCloud focuses on solutions that bring visibility and protection to data across all clouds in use by an enterprise. The company began by delivering security controls – namely searchable strong encryption, advanced tokenization and data loss prevention (DLP) – to solve the immediate need to secure sensitive data in the cloud. The platform has further evolved to include incorporated data classification, cloud detection, data discovery and anomaly monitoring to give organizations the insights they need to apply security policies and tools to protect their sensitive information in the cloud.

Anicut's technology enhances CipherCloud's cloud discovery, data protection and monitoring platform by bringing additional intelligence and security controls that help organizations defend against a fast evolving threats landscape. Anicut provides advanced cloud security analysis of real-time traffic using machine learning to detect malicious insider and external threats. The technology detects both high risk clouds and high risk user activities in their use of cloud services based on over 60 attributes to detect advanced attacks on cloud services such as spear phishing and watering hole. It also enables administrators to effectively configure and enforce corporate cloud use policies.

The CipherCloud platform arms organizations with controls that enable compliance with government and industry regulations for data security, privacy and residency. CipherCloud cloud security platform contains the following essential components:

Cloud application discovery that provides aggregated reporting and dashboards of cloud applications including understanding employee usage and behavior, whether they are using enterprise approved cloud applications or not, and the level of risk of using them and most importantly putting data into them.

Cloud data protection that delivers based on corporate policies, industry regulations, or country required compliance laws the maximum level of protection to all sensitive data through a combination of searchable strong encryption, tokenization and malware detection controls.

Cloud user monitoring that enables the tracking and identification of anomalies that help to reduce the source of risk from both of insider and external threats.

Pravin Kothari, founder and CEO of CipherCloud says,"The rapid pace of cloud adoption by organizations requires deep intelligence into cloud threats and real-time protection for data across clouds. We are making this investment to go deeper into cloud visibility and security given the clear demand."