In October 2014, the company acquired Armor5, a provider of cloud control solutions focusing specifically on preventing employees who bring their own mobile device to work from copying and removing company files or data.
#Data guardian processing january software
At the time, its security software had been installed on about two million servers, laptops or other devices. In August of the same year, Verdasys changed its name to Digital Guardian and increased its staff to 150. In March 2014, Identity Finder LLC partnered with Verdasys, bringing its Sensitive Data Manager, capable of automatically finding, classifying and securing sensitive information. The funding round was led by existing investors GE Pension Trust and Fairhaven Capital, with a new, individual investment from Brookline Venture Partners. In March, Verdasys raised $12 million in a venture funding, bringing the company's total raised capital to $69 million. Ken Levine, previously a McAfee executive, joined the company as CEO in 2014 and focused on simplifying its product. In December, Gartner's Magic Quadrant placed Digital Guardian among the five leaders of the global data loss prevention market. Before Verdasys' connector, the malware had to be handled manually.
Verdasys introduced a data connector in 2013 that contained malware threats detected by FireEye's platform. The Digital Guardian platform completed EAL2+ evaluation under the Communications Security Establishment's Common Criteria Evaluation and Certification Scheme in December 2012. When one of its customers, a large insurance company, requested Verdasys to take over the job of monitoring and protecting the data, Verdasys introduced two new offerings: Managed Service for Information Protection (MSIP) and Information Protection as a Service (IPaaS), offering data protection as a managed service. In early 2012, Verdasys expanded its data leak prevention portfolio to the cloud to help enterprises protect their data stored on its networks and reduce costs. Īn agreement between Verdasys and Fidelis Security Systems (now Fidelis Cybersecurity) in 2010 enabled customers to acquire and implement an integrated solution consisting of Fidelis XPS network appliances and Digital Guardian enterprise information protection in a single offering from Verdasys. Its client-side software package turned on whenever the user visited a website protected by the SiteTrust service and spawned a new instance of the user's Web browser, shutting out malware and creating a secure space around all communications with the protected site. In 2008, Verdasys launched SiteTrust, an encryption software service for banks, brokerages, and other big companies that served customers over the Internet and were legally liable for losses from online fraud.
From the start, its flagship product was Digital Guardian, a data-centric security platform monitoring and encrypting all proprietary or sensitive information passing through a desktop, laptop, or enterprise server. The company was founded in 2003 under the name Verdasys.
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