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Bangalore (I-Newswire) November 22, 2011 - Check Point® Software Technologies Ltd. (Nasdaq: CHKP), the worldwide leader in securing the Internet, 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.”
“With this acquisition, we are extending our 3D Security strategy by enabling customers to easily automate their Governance, Risk Management and Compliance (GRC) needs. This acquisition will help Check Point broaden its domain, now our customers can transform their compliance requirement to security policies in the simplest and fastest way possible” said Bhaskar Bakthavatsalu, Regional Director, Check Point Software Technologies India & SAARC.
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.
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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