Device-to-cloud cybersecurity company McAfee recently entered into a definitive agreement to acquire browser isolation company Light Point Security. As per the acquisition deal, employees of Light Point Security will join McAfee.
Founded by former NSA employees, Light Point Security protects users from zero-day and other emerging malware like ransomware and credential phishing attacks by isolating browser sessions in a remote virtual environment outside of the corporate network. The acquisition integrates Light Point Security’s browser isolation technology with McAfee Secure Web Gateway for inbound and outbound protection for all web and cloud traffic. Additionally, McAfee stated that it’s going to integrate browser isolation into its newly released MVISION UCE solution, which includes McAfee Secure Web Gateway, McAfee Data Loss Prevention, and MVISION Cloud (CASB) to enable a complete implementation of the SASE Architecture.
Ash Kulkarni, EVP and Chief Product Officer at McAfee, said, “Web browsing is one of the most common threat vectors for endpoints to get infected. Adding Light Point Security’s capabilities into our products will create solutions that enable our customers to mitigate web-based threats without impacting user experience. We are constantly working to find ways to help our customers safely adopt the cloud so they enjoy increased productivity without experiencing heightened concerns about cyber-attacks. Light Point Security’s browser isolation capabilities will bolster the McAfee Unified Cloud Edge offering to make it a preferred solution for security-focused businesses without compromising on productivity.”
Commenting on the acquisition, Zuly Gonzalez, co-founder and CEO of Light Point Security, said, “Light Point Security’s technology enables users to browse any website safely, securely and without limitations, without having to keep up with website changes. This stops attacks launched against a web browser before they can even enter the network without hampering user experience. We’ve been recognized for revolutionizing the way that organizations think about security; now we will be joining a leading standalone cybersecurity player to be part of the next revolution.”
McAfee Appoints New Chief Executive Officer
McAfee, appointed Peter Leav as the new Chief Executive Officer, effective from February 3, 2020. Leav had previously served as President and CEO of BMC Software. He holds more than 20 years of executive leadership experience in large-scale technology companies like NCR Corporation, Symbol Technologies, Cisco Systems, Proofpoint, and Motorola.
Apart from addition to leadership roles, McAfee also forged multiple partnerships. The company acquired NanoSec, a container security startup, to improve its compliance and to mitigate the risk of its container deployments. NanoSec is a multi-cloud and zero-trust application security platform that’s focused on the container approach to application security. The acquisition will allow McAfee to boost its MVISION Cloud and MVISION Server Protection products.