FireMon Acquires FortyCloud for multi-cloud Management

OVERLAND PARK, KS and DALLAS, TX--(Marketwired - Oct 25, 2016) - FireMon, the global leader of the Network Security Policy Management (NSPM) market, today announced its acquisition of FortyCloud, a field-proven cloud infrastructure security broker. The move advances FireMon's cloud management capabilities across all major cloud platforms providing a comprehensive view and consistent control of the complex hybrid environments enterprises must manage.

According to Gartner's 2017 Planning Guide for Cloud Computing, "Through 2020, 95% of cloud security issues will be the organization's fault, not the cloud provider's." FireMon recognizes that managing the complexity of today's networked environments is not always straightforward as they consist of a variety of disparate technologies and security controls in the cloud and on premise. The report goes on to say, "Inadequate security practices can quickly turn an otherwise well-intentioned cloud initiative into a massive disaster for an organization."

The company's acquisition of FortyCloud addresses this market need by providing solutions to help effectively secure cloud infrastructure and make the transition to the cloud simpler by extending security and connectivity to the public cloud.

"Our customers are at varying points on their journey of implementing public and hybrid cloud strategies," said Satin H. Mirchandani, CEO, FireMon. "While the security needs are very similar in cloud infrastructure and on-premise networks, the technology implementations can be very different. FireMon intelligent security management solutions allow the network and security teams to quickly deliver the capabilities the business demands to stay competitive."

In addition to the strategic importance of cloud security technologies, it's critical to have a team and solutions that have proven successful in real-world environments.

"One of the most impressive aspects of the FortyCloud technology is the customer and market acceptance," said Jody Brazil, co-founder and chief product strategist, FireMon. "The FortyCloud team has built a great, multi-cloud security solution that is being used by many large and complex global organizations. We look forward to working with them to further advance the great solutions they've already produced."

With the addition of FortyCloud to its suite of products, FireMon will support:

• Native cloud awareness to enhance management capabilities
• Cloud discovery and automated security group mapping
• Security object abstraction across the enterprise and multiple cloud environments
• Automation of security enforcement in multi-cloud environments
  
  

"I've been very impressed with the entire FireMon team and am very excited to work with the leading global NSPM vendor," said Amir Naftali, CTO and co-founder, FortyCloud. "We look forward to sharing our solution with FireMon's 1,000+ customers and continuing to expand our vision of securing the public cloud."

FireMon's Intelligent Security Management solutions are a complete package of policy and risk analysis, automated change management and security analytics and monitoring. It does this in a single platform that gives security professionals a centralized view of the traffic, rule usage and changes happening across the environment.

ABOUT FIREMON
FireMon solutions deliver continuous visibility into and control over network security infrastructure, policies, and risk. Using the FireMon Security Intelligence Platform, today's enterprise organizations, government agencies, and managed services providers dramatically improve effectiveness of network defenses, optimizing investments and speeding response to changing business demands. For more information, visit http://www.firemon.com.