Tuesday, February 12, 2019

Symantec acquires cloud security startup Luminate

Symantec, the American software company has announced on Tuesday that it is going to acquire cloud security startup Luminate for an undisclosed amount. The objective of the deal is to allow mobile devices to connect securely to corporate applications running on-premises and in the cloud.

As cyber threats of today are filled with sophistication, they are presenting unique challenges that require a new mindset to contain and mitigate them. Luminate Secure Access Cloud helps connect applications in a secure way to cloud and thus helps companies scale privately granting users access points to authorized applications and resources without the need of any DNS control.

In near future, more companies will anticipate operating their businesses on cloud platforms that are managed by 3rd parties such as Azure, AWS and Google. This is where CSPs need to build a kind of trust by offering secure infrastructure on lease to be used by corporate companies to host applications and data.

Symantec hopes that it’s newly acquired Luminate Secure Access Cloud will easily integrate into Symantec’s Integrated Cyber Defense making it a forerunner when it comes to security in the cloud era.

Greg Clark, President, and CEO, Symantec said that companies and users are opting for frictionless access to applications whether on-premises or cloud and this is where Symantec’s Integrated Cyber Defense Platform Unifies Cloud and on-premises security across endpoints, networks, email, and cloud. Thus, isolating them from the most sophisticated cyber threats of today’s generation in a cost-effective way by cutting down the complexity involved in it.

Note- Luminate is a 2017 founded cloud security startup based in Tel Aviv, Israel.

The post Symantec acquires cloud security startup Luminate appeared first on Cybersecurity Insiders.


February 12, 2019 at 09:03PM

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