Proofpoint Signs Definitive Agreement to Acquire Normalyze

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href="/kr">한국어</a> </li> </ul> </div> </div> </div> </div> <div class="layout-container"> <div> <div data-drupal-messages-fallback class="hidden"></div> </div> <main class="container" role="main"> <a id="main-content" tabindex="-1"></a> <section class="row"> <div class="layout-content"> <div> <div id="block-particle-content"> <div class="news__breadcrumbs"> <div class="breadcrumbs"><div class="nav-crumbs"><div class="breadcrumb__item"><a href="/us/newsroom" class="breadcrum__item-link">News Center</a></div><div class="breadcrumb__item"> Proofpoint Signs Definitive Agreement to Acquire Normalyze </div></div></div> </div> <div class="two-column"> <div class="left-side"> <div> <article about="/us/newsroom/press-releases/proofpoint-signs-definitive-agreement-acquire-normalyze" class="node--type--news node--view-mode--main-content node node-news-main-content"> <h3 class="news-main-content__title"> <span>Proofpoint Signs Definitive Agreement to Acquire Normalyze</span> </h3> <div class="news-main-content__content"> <div class="news-main-content__meta"> <div class="news-main-content__date"> <time datetime="2024-10-29T07:41:41Z">October 29, 2024</time> </div> </div> <div class="news-main-content__image"> <picture> <source srcset="/sites/default/files/styles/image_820_348/public/misc/Social%20Graphic_Proofpoint%2010292024.png.webp?itok=XlJ0nv9C 1x" media="screen and (min-width: 1440px)" type="image/webp" width="820" height="348"/> <source srcset="/sites/default/files/styles/image_786_326/public/misc/Social%20Graphic_Proofpoint%2010292024.png.webp?itok=aEqj8LnH 1x" media="screen and (min-width: 768px)" type="image/webp" width="786" height="326"/> <source srcset="/sites/default/files/styles/image_768_360/public/misc/Social%20Graphic_Proofpoint%2010292024.png.webp?itok=5lkpsKVa 1x" media="screen and (min-width: 480px)" type="image/webp" width="768" height="360"/> <source srcset="/sites/default/files/styles/image_820_348/public/misc/Social%20Graphic_Proofpoint%2010292024.png.webp?itok=XlJ0nv9C 1x" media="screen and (min-width: 1440px)" type="image/webp" width="820" height="348"/> <source srcset="/sites/default/files/styles/image_786_326/public/misc/Social%20Graphic_Proofpoint%2010292024.png.webp?itok=aEqj8LnH 1x" media="screen and (min-width: 768px)" type="image/webp" width="786" height="326"/> <source srcset="/sites/default/files/styles/image_768_360/public/misc/Social%20Graphic_Proofpoint%2010292024.png.webp?itok=5lkpsKVa 1x" media="screen and (min-width: 480px)" type="image/webp" width="768" height="360"/> <img loading="lazy" src="/sites/default/files/styles/image_480_225/public/misc/Social%20Graphic_Proofpoint%2010292024.png.webp?itok=6NeB31ef" width="480" height="225" alt="social" typeof="foaf:Image" /> </picture> </div> <div class="node-full__body news-main-content__body"> <p><span><span><em><span><span>Acquisition of leading DSPM company will bolster Proofpoint’s human-centric security platform aiming to address the full spectrum of data security challenges across today’s complex data landscape</span></span></em></span></span></p> <p><span><span><strong><span lang="EN-US"><span><span>SUNNYVALE, Calif., October 29, 2024</span></span></span></strong><span lang="EN-US"><span><span> – </span></span></span><a href="http://www.proofpoint.com/"><span><span><span>Proofpoint Inc</span></span></span></a><span lang="EN-US"><span><span>., a leading cybersecurity and compliance company, today announced it has entered into a definitive agreement to acquire </span></span></span><a href="https://normalyze.ai/"><span><span>Normalyze</span></span></a><span lang="EN-US"><span>,</span></span> <span lang="EN-US"><span>a<span> leader in Data Security Posture Management (DSPM). The acquisition is expected to close in November 2024, subject to customary closing conditions.</span></span></span></span></span></p> <p><span><span><span lang="EN-US"><span><span>With this acquisition, Proofpoint will further enhance its </span></span></span><a href="https://www.proofpoint.com/us/platform"><span><span>human-centric security platform</span></span></a><span lang="EN-US"><span><span> with </span></span></span><a href="https://normalyze.ai/platform/"><span><span>Normalyze’s leading AI-powered DSPM technology</span></span></a><span lang="EN-US"><span><span>, allowing organizations to discover, classify and protect data at scale across SaaS, PaaS, public or multi-cloud, on-prem and hybrid environments, while prioritizing the reduction of human-centric risks in data security.</span></span></span> </span></span></p> <p><span><span><strong><span lang="EN-US"><span>Addressing Human Risk in the Data-Driven Cloud Era</span></span></strong></span></span></p> <p><span><span><span><span>As organizations embrace AI and generative technologies to drive innovation, the human element in data security has become increasingly critical. The widespread adoption of AI platforms, Databases as a Service (DBaaS) and Continuous Integration/Continuous Development (CI/CD) practices has created a web of interconnected data environments that security teams can struggle to secure. </span></span><span lang="EN-US"><span><span>This rapid technological evolution has led to increased complexity and heightened risks of improper data handling as development teams focus on quick outcomes, often bypassing essential security governance</span></span></span><span><span><span>.</span></span></span> <span><span><span>As more access to data is granted to people and machines, gaps in visibility and control</span></span></span><span><span><span> can </span></span></span><span><span><span>emerge without appropriate governance or controls from security teams. </span></span></span></span></span></p> <p><span><span><span><span>This evolving landscape presents complex challenges in discovering, classifying, and securing data, leading to an increased risk of data breaches due to forgotten and misclassified data, as well as overprivileged access. In fact, </span></span><a href="https://normalyze.ai/lp/solving-enterprise-data-complexity-with-data-security-posture-management/"><span lang="EN-GB"><span>recent research from Enterprise Strategy Group</span></span></a><span><span> reveals that over a quarter of businesses don’t know where their sensitive data is. </span></span><span lang="EN-US"><span>By implementing DSPM technology, organizations are enabled to fill the security gaps created by their teams’ interactions with complex data environments and reduce the total data attack surface. </span></span></span></span></p> <p><span><span><span lang="EN-US"><span><span>“Today, data is at risk because of human behavior. Modern applications are rapidly changing, driven by small teams of developers working independently on microservices and various data sources, leading to an explosion of data,” said </span></span></span><span lang="EN-US"><span>Mayank Choudhary, executive vice president and general manager, Data Security & Compliance, Proofpoint. “These modern applications are highly interconnected, making it hard for security teams to manage the heterogeneous and ever-growing sprawl of their data. By combining <span>Proofpoint’s leading human-centric security platform with Normalyze’s pioneering DSPM technology, we can provide our customers with comprehensive visibility and control of their data posture so they can further mitigate human risk across their organization.” </span></span></span></span></span></p> <p><span><span><span lang="EN-US"><span><span>“</span></span></span><span lang="EN-US"><span>With the rapid proliferation of internally developed cloud applications, and use of SaaS applications procured by teams outside of IT, security teams are faced with the daunting challenge of inconsistent visibility and control of their critical data in the cloud,” said </span></span><span><span><span>Ravi Ithal</span></span></span><span lang="EN-US"><span><span>, cofounder and chief technology officer, Normalyze. “As data has become increasingly difficult to secure, the driving force behind our mission and technology has been to help organizations </span></span></span><span><span><span>secure the data they care about, wherever it is</span></span></span><span lang="EN-US"><span><span>. By joining forces with Proofpoint, we can empower organizations to further improve their data security posture, reducing the risk of data breaches caused by human errors and help them to prioritize data loss threats.”</span></span></span></span></span></p> <p><span><span><span lang="EN-US"><span><span>The Normalyze DSPM platform secures even the most complex data landscapes by combining insights into data, access and risk. It simplifies collaboration between data and security teams, enabling them to create effective security and governance plans tailored to the business’ needs. The platform allows organizations to:  </span></span></span></span></span></p> <ul> <li><span><span><strong><span><span><span>Discover and classify data using AI: </span></span></span></strong><span><span><span>Normalyze’s agentless One-Pass Scanner™ leverages AI to accurately identify and classify valuable and sensitive data at scale across a wide range of data environments. Scanning is performed in place to keep data under IT control, support compliance with stringent data protection regulations, and enhance operational efficiency. </span></span></span></span></span></li> <li><span><span><span><strong><span><span><span>Assess and prioritize risk:</span></span></span></strong><span><span><span> Risk is prioritized by impact and likelihood, providing a comprehensive view of risk accurately and at scale. The DataValuator™ assigns monetary value to data and identifies the data stores with the highest impact of potential data loss. The Data Access Graph visualizes access and trust relationships to identify human-centric risk, and the Data Risk Navigator highlights attack paths that can lead to data breaches or loss. </span></span></span></span></span></span></li> <li><span><span><strong><span><span><span>Remediate security and compliance issues:</span></span></span></strong><span><span><span> Actionable insights and comprehensive recommendations, integrated with alerts into service management platforms, help teams address exposures such as over-permissioned access before they are exploited. The solution also streamlines compliance across 500+ benchmarks, ensuring robust adherence to regulatory standards related to data protection.</span></span></span></span></span></li> </ul> <p><span><span><span lang="EN-US"><span>Normalyze’s in-place scanning and quantified risk analysis set it apart from other DSPM solutions, providing rapid time-to-value while minimizing security and cost challenges for data and security teams. </span></span><span lang="EN-US"><span>Normalyze also offers comprehensive on-premises to cloud coverage and excels in human-centric risk remediation. Normalyze’s solutions are expected to become part of Proofpoint’s offering upon the closing of the acquisition.</span></span></span></span></p> <p><span><span><span lang="EN-US"><span><span>Normalyze recently announced its recognition as a Cool Vendor in the 2024 Gartner Cool Vendors™ in Data Security. Read more here: </span></span></span><span lang="EN-US"><span><span><a href="https://normalyze.ai/company/press-releases/normalyze-selected-as-cool-vendor-by-gartner-for-cutting-edge-approach-to-securing-ai-pipelines/">https://normalyze.ai/company/press-releases/normalyze-selected-as-cool-vendor-by-gartner-for-cutting-edge-approach-to-securing-ai-pipelines/</a> </span></span></span></span></span></p> <p><span><span><span lang="EN-US"><span><span>To find out more about Proofpoint’s data protection solutions, please visit: </span></span></span><a href="https://www.proofpoint.com/us/products/defend-data"><span><span>https://www.proofpoint.com/us/products/defend-data</span></span></a></span></span></p> <p><span><span><strong><span lang="EN-US"><span><span>###</span></span></span></strong></span></span></p> <p><span><span><strong><span lang="EN-US"><span><span>About Proofpoint, Inc.</span></span></span></strong></span></span></p> <p><span><span><span><span>Proofpoint, Inc. is a leading cybersecurity and compliance company that protects organizations’ greatest assets and biggest risks: their people. With an integrated suite of cloud-based solutions, Proofpoint helps companies around the world stop targeted threats, safeguard their data, and make their users more resilient against cyber attacks. Leading organizations of all sizes, including 85% of the Fortune 100, rely on Proofpoint for people-centric security and compliance solutions that mitigate their most critical risks across email, the cloud, social media, and the web. More information is available at</span></span><a href="http://www.proofpoint.com/" target="_blank"> </a><a href="http://www.proofpoint.com/" target="_blank"><span lang="EN-GB"><span>www.proofpoint.com</span></span></a><span><span>.</span></span>  </span></span></p> <p><span><span> <span><span> <br> Connect with Proofpoint: </span></span><a href="https://twitter.com/proofpoint" target="_blank"><span lang="EN-GB"><span>X</span></span></a><span><span> | </span></span><a href="https://www.linkedin.com/company/proofpoint" target="_blank"><span lang="EN-GB"><span>LinkedIn</span></span></a><span><span> | </span></span><a href="https://www.facebook.com/proofpoint" target="_blank"><span lang="EN-GB"><span>Facebook</span></span></a><span><span> | </span></span><a href="https://www.youtube.com/channel/UCIvtJgsrUzFo90NKeiVozhQ" target="_blank"><span lang="EN-GB"><span>YouTube</span></span></a>  </span></span></p> <p><span><span><em><span lang="EN-US"><span>Proofpoint is a registered trademark or tradename of Proofpoint, Inc. in the U.S. and/or other countries. All other trademarks contained herein are the property of their respective owners.</span></span></em></span></span></p> <p> </p> <p><span><span><strong><span lang="EN-US"><span><span>About Normalyze </span></span></span></strong></span></span></p> <p><span><span><span><span>Normalyze is the pioneer in Data Security Posture Management (DSPM), enabling organizations to effectively secure data at scale across SaaS, PaaS, public or multi-cloud, on-prem and hybrid environments. Normalyze fills the security gaps created by complex data landscapes, data lakes, shadow data and Generative AI by accurately and quickly discovering, classifying and visualizing the total data attack surface. </span></span></span></span></p> <p><span><span><span><span>With Normalyze, data and security teams can quantify risks and prioritize remediation plans to prevent data breaches, enforce least privilege access to valuable and sensitive data, optimize data storage and leverage AI for business. </span></span></span></span></p> <p><span><span><span><span>For more information, please visit </span></span><a href="http://normalyze.ai/"><span lang="EN-GB"><span>Normalyze.ai</span></span></a><span><span><span>.</span></span></span></span></span></p> </div> </div> </article> </div> </div> <div class="right-side"> <div class="views-element-container"> <div><div class="js-view-dom-id-e2e630481bf625f736717890fb90f0757ec4ed5583e20216d6af78f90fa1d518"> <div class="news-recent"> <h2 class="news-recent__header-title UNCONVERTED">Most Popular</h2> <div class="news-recent__items"> <div about="/us/newsroom/press-releases/american-retailers-expose-consumers-holiday-shopping-email-fraud" class="node--type--news node--view-mode--mini-teaser news-mini-teaser__item"> <div class="news-mini-teaser__image"> <a class="" href="/us/newsroom/press-releases/american-retailers-expose-consumers-holiday-shopping-email-fraud"> <img loading="lazy" src="/sites/default/files/styles/image_75_75/public/news-imgs/collection-craft-shopping-packets-with-sale-inscription.jpg.webp?itok=Sut-ZAhk" width="75" height="75" alt="Black Friday" typeof="foaf:Image" /> </a> </div> <div class="news-mini-teaser__content"> <div class="news-mini-teaser__date"> 1 day ago </div> <div class="news-mini-teaser__link"> <a class="link--gray" class="link--gray" href="/us/newsroom/press-releases/american-retailers-expose-consumers-holiday-shopping-email-fraud"> <span>American Retailers Leave Consumers Exposed to Email Fraud Amid Holiday Shopping Season</span> </a> </div> </div> </div> <div about="/us/newsroom/news/why-google-meet-error-might-be-sneaky-hacker-trick" class="node--type--news node--view-mode--mini-teaser news-mini-teaser__item"> <div class="news-mini-teaser__image"> <a class="" href="/us/newsroom/news/why-google-meet-error-might-be-sneaky-hacker-trick"> <img loading="lazy" src="/sites/default/files/styles/image_75_75/public/logos/Fox_News-2024Media%20Logo.png.webp?itok=oNTKvWde" width="75" height="75" alt="Fox-News-Logo-2024" typeof="foaf:Image" /> </a> </div> <div class="news-mini-teaser__content"> <div class="news-mini-teaser__date"> 1 week ago </div> <div class="news-mini-teaser__link"> <a class="link--gray" class="link--gray" href="/us/newsroom/news/why-google-meet-error-might-be-sneaky-hacker-trick"> <span>Why that Google Meet error might be a sneaky hacker trick</span> </a> </div> </div> </div> <div about="/us/newsroom/news/digital-danger-how-cyberattacks-put-patients-risk" class="node--type--news node--view-mode--mini-teaser news-mini-teaser__item"> <div class="news-mini-teaser__image"> <a class="" target="_blank" rel="nofollow" href="https://www.medscape.com/viewarticle/digital-danger-how-cyberattacks-put-patients-risk-2024a1000kd1?form=fpf"> <img loading="lazy" src="/sites/default/files/styles/image_75_75/public/logos/Medscape_media-logo-2024%20%282%29.png.webp?itok=sF9WPQ8r" width="75" height="75" alt="Medscape_2024_logo" typeof="foaf:Image" /> </a> </div> <div class="news-mini-teaser__content"> <div class="news-mini-teaser__date"> 2 weeks ago </div> <div class="news-mini-teaser__link"> <a class="link--gray" target="_blank" rel="nofollow" class="link--gray" href="https://www.medscape.com/viewarticle/digital-danger-how-cyberattacks-put-patients-risk-2024a1000kd1?form=fpf"> <span>Digital Danger: How Cyberattacks Put Patients at Risk</span> </a> </div> </div> </div> <div about="/us/newsroom/news/were-all-getting-too-many-political-texts-its-not-too-late-fight-back" class="node--type--news node--view-mode--mini-teaser news-mini-teaser__item"> <div class="news-mini-teaser__image"> <a class="" target="_blank" rel="nofollow" href="https://www.washingtonpost.com/technology/2024/10/27/how-to-stop-political-text-spam-elections/"> <img loading="lazy" src="/sites/default/files/styles/image_75_75/public/misc/WaPo-Media-Logo.jpg.webp?itok=91jFY0Mo" width="75" height="75" alt="WaPo-Media_logo_2024" typeof="foaf:Image" /> </a> </div> <div class="news-mini-teaser__content"> <div class="news-mini-teaser__date"> 3 weeks ago </div> <div class="news-mini-teaser__link"> <a class="link--gray" target="_blank" rel="nofollow" class="link--gray" href="https://www.washingtonpost.com/technology/2024/10/27/how-to-stop-political-text-spam-elections/"> <span>We’re all getting too many political texts. 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Proofpoint Signs Definitive Agreement to Acquire Normalyze | Proofpoint US