Perspecsys Now in Blue Coat's Acquisition

By CIOReview | Friday, August 7, 2015
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SUNNYVALE, CA:  Blue Coat Systems to set a new benchmark for data protection in cloud applications, with the acquisition of cloud security solution provider Perspecsys. The integration will aide Blue Coat in offering premium range of Cloud Access Security Broker (CASB) abilities in its Secure Web Gateway portfolio.

“CASBs have become the primary means of layering security onto SaaS applications,” quotes Mike Fey, Blue Coat President and COO. “Industry analysts predict substantial growth for this space over the next five years. As SaaS deployments continue to increase, this technology will become an essential component of enterprise data and cloud security.”

With the growing dependency on cloud applications, multinational enterprises are struggling with data compliance regularity and regional sovereignty regulations including compliance requirements for Personally-Identifiable-Information (PII), protected health information (HIPAA); strict data governance and most prominently, the continuous global news of data breaches. These concerns inhibit the adoption of cloud applications for many organizations. 

Perspecsys’ Cloud Data Protection platform understands these challenges and attempts to solve the key business risks associated with data compliance, privacy and security for enterprises as they migrate to cloud. Through the use of its patented cloud data tokenization 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.