Enterprise security firm Blue Coat Systems, Inc. has acquired CASB app/cloud security firm Elastica, Inc. for $280 million. Elastica, provides threat analysis and remediation of cloud applications had raised $36 million from Third Point Ventures, the Mayfield Fund, BYU Cougar Capital, and Pelion Venture. Founded in 2012, Elastica claims to be the leader in data science-powered cloud application security with services through its Elastica CloudSOC platform allowing clients to leverage cloud and SaaS applications while staying “safe, secure and compliant.” The core platform is said to enable a full life cycle of visibility and security for cloud and SaaS applications being used by a company,Read More →

Cloud Access Security Brokers, known as CASBs, are a new window into everyday security and safety needs of companies that increasingly serve cloud-focused applications and services that can kept much more secure with the help of CASB platforms. Gartner Inc., has recently announced a few technological advances for information security and defines Cloud access security brokers (CASBs) as on-premises, or cloud-based security policy enforcement points, placed between cloud service consumers and cloud service providers to combine and interject enterprise security policies as the cloud-based resources are accessed. CASBs consolidate multiple types of security policy enforcement. Example security policies include authentication, single sign-on, authorization, credential mapping,Read More →