Check Point Extends 3D Security With Acquisition of GRC Leader Dynasec
October 31 2011 - 8:00AM
Marketwired
Check Point® Software Technologies Ltd. (NASDAQ: CHKP), the
worldwide leader in securing the Internet, today announced the
acquisition of privately held Dynasec Ltd., a leading provider of
Governance, Risk Management and Compliance (GRC) solutions. The
acquisition extends Check Point 3D Security that enables companies
to view security as a business process, focusing on policy, people
and enforcement. The combined security and GRC solutions will
enable customers to manage their entire 3D Security process from
corporate objectives, to policies and security enforcement --
maintaining a continuous holistic security and compliance picture.
Organizations today face a growing number of industry standards
and government regulations that require CIOs and security officers
to implement a consistent security framework that adheres to GRC
requirements without disrupting the flow of business -- a nearly
impossible task when done manually. The acquisition of Dynasec will
help organizations accelerate the path to 3D Security by enabling
customers to easily translate compliance requirements into IT
security policies that map to their overall business
objectives.
Check Point's offering will include security, business and
consulting services together with Dynasec's easy2comply leading GRC
software solution that provides a rich set of GRC frameworks with
built-in best practices that are customizable for hundreds of
compliance standards. The Check Point solution will offer a simple
way for businesses to automate the manual task of handling a
growing number of regulations and compliance standards.
A major advantage of easy2comply is the ability to implement the
technology in less than two weeks, helping customers streamline
compliance efforts. By leveraging GRC frameworks that include
pre-defined regulatory standards, customers are able to quickly
translate business and compliance requirements into IT policies at
a fraction of the time it takes most companies. Integrating these
tools with Check Point's existing security solutions enables
customers to define and manage policies that can be applied to all
of the company's leading protections, including Firewall, VPN,
Application Control, Intrusion Prevention, Data Loss Prevention,
Mobile Access and Endpoint Security -- helping organizations create
a security blueprint that reflects their specific business
needs.
"By providing an easy way to define, manage and translate
security policies into IT security controls, we are further
enhancing the implementation of 3D Security for our customers,"
said Amnon Bar-Lev, president of Check Point Software Technologies.
"This acquisition makes it very simple for customers to establish
corporate policies that adhere to a wide range of global compliance
regulations, and reinforces the importance of turning security into
a business process."
Dynasec, an Israeli-based company, was founded in 2004 and has
customers in over 20 different countries and across multiple
industries, including the financial services, telecommunications,
government, energy and healthcare sectors. The transaction is
expected to close within the next month. Terms of the acquisition
will not be disclosed.
"With this new offering, we are extending our 3D Security
strategy and bringing customers the tools that enable them to
easily and quickly implement corporate and security policies with
full control and enforcement," concluded Bar-Lev.
About Check Point Software Technologies
Ltd. Check Point Software Technologies Ltd.
(www.checkpoint.com), the worldwide leader in securing the
Internet, provides customers with uncompromised protection against
all types of threats, reduces security complexity and lowers total
cost of ownership. Check Point first pioneered the industry with
FireWall-1 and its patented stateful inspection technology. Today,
Check Point continues to develop new innovations based on the
Software Blade Architecture, providing customers with flexible and
simple solutions that can be fully customized to meet the exact
security needs of any organization. Check Point is the only vendor
to go beyond technology and define security as a business process.
Check Point 3D Security uniquely combines policy, people and
enforcement for greater protection of information assets and helps
organizations implement a blueprint for security that aligns with
business needs. Customers include tens of thousands of
organizations of all sizes, including all Fortune and Global 100
companies. Check Point's award-winning ZoneAlarm solutions protect
millions of consumers from hackers, spyware and identity theft.
©2011 Check Point Software Technologies Ltd. All rights
reserved
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Media Contact Stephanie Look Check Point Software
Technologies +1 650.628.2171 press@us.checkpoint.com Investor
Contact Kip E. Meintzer Check Point Software Technologies +1
650.628.2040 ir@us.checkpoint.com
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