In a significant move that underscores the rapidly evolving landscape of cybersecurity, Cyera has announced its acquisition of Trail Security for $162 million.
It’s a smart move and just the latest example of how the cyber security industry is shifting governance and control away from the traditional perimeter and moving it closer to the data itself. Let's explore what this news means for the broader cyber ecosystem, data-centric security in general, and how it aligns with Virtru's unique innovation.
Cyera's acquisition of Trail Security is further evidence that customers are beginning to shift their thinking on how best to approach security architecture. It’s proof that customers want to protect the data itself, and therefore they are interested in ways to make security controls more granular. Both Cyera and Virtru are leaders in data-centric security, pioneering innovative approaches that establish a new standard for protecting sensitive information.
This shift is crucial because traditional perimeter-centric security practices are increasingly inadequate in today's complex digital world. As organizations adopt cloud services and distributed workflows, the need for robust data protection that follows the data itself has become paramount.
While Cyera and Virtru share a common goal of enhancing data security, our approaches complement each other in important ways:
Cyera's acquisition of Trail Security is significant for several reasons:
As the cybersecurity industry continues to evolve, Virtru remains committed to innovating around the OpenTDF standard and empowering organizations to share sensitive data securely. Our unique approach complements defensive strategies by equipping customers with tools so they can maintain control over data even after it has been shared with others.
By leveraging Virtru's solutions, organizations can:
The acquisition of Trail Security by Cyera marks another step in the industry's journey towards comprehensive data protection. At Virtru, we applaud this move and see it as validation of the data-centric approach we've championed for years.
As organizations continue to navigate the complexities of modern data security, the combination of robust defensive measures (like those offered by Cyera) and proactive, offensive strategies (enabled by Virtru) will be crucial. Together, these approaches create a more resilient and agile security posture, allowing businesses to protect their sensitive information while still leveraging its value through secure sharing and collaboration.
In this new era of data-centric security, Virtru stands ready to help organizations not just defend their data, but to confidently and securely use it to drive innovation and growth. The future of cybersecurity is here, and it's centered on the data itself.
A proven executive and entrepreneur with over 25 years experience developing high-growth software companies, Matt serves as Virtu’s CMO and leads all aspects of the company’s go-to-market motion within the data protection and Zero Trust security ecosystems.
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