IT Intelligence Bulletin – McAfee has announced the completion of its acquisition of Skyhigh Networks. 

With the close of this deal, Skyhigh Networks becomes part of the McAfee Cloud Security Business Unit.

Skyhigh is an ideal complement to McAfee’s strategy – one focused on building and optimizing mission-critical cybersecurity environments for the future. Skyhigh Networks pioneered the cloud access security broker (CASB) market segment that analysts describe as one of the fastest growing areas of information security investments of the last five years. With this technology, McAfee can now offer a cloud portfolio that addresses the three primary challenges of managing multi-cloud environments—visibility into networks, workloads and data, advanced threat protection and pervasive data protection.

This announcement “marks a new milestone for the future of our company,” said Chris Young, chief executive officer, McAfee. “With two industry leaders coming together under one company, we will make cybersecurity an enabler to the transformative power of our digital age. We are focused on securing customers from their devices to the cloud, giving customers access to market-leading capabilities in the architectural control points that matter most.”

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According to McAfee’s 2017 cloud adoption and security report, Building Trust in a Cloudy Sky, 93% of organizations use some form of cloud services. McAfee cloud security solutions provide visibility, advanced threat protection, and data protection controls across all clouds to secure network traffic, workloads, and data. The multi-cloud security management of Skyhigh Security Cloud (Skyhigh), McAfee Cloud Workload Security (McAfee CWS) and McAfee Virtual Network Security Platform (McAfee vNSP) allows administrators to identify and secure critical cloud resources.

Skyhigh helps identify and control access to sensitive information already in, moving to, or originating in the cloud. Administrators can consistently enforce sharing permissions within applications, manage access controls across multiple environments, restrict the ability to download sensitive data to unmanaged devices – controlling the potential for oversharing information – and protect both structured and unstructured data with information rights management and encryption.

McAfee’s acquisition of Skyhigh Networks brings two security leaders together and the integration of their security offerings will provide a holistic data visibility and control for cloud applications, while preserving policy enforcement and compliance.

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