Press release
CrowdStrike to Acquire SecureCircle to Enforce Zero Trust Data Protection
CrowdStrike announces acquisition of SecureCircle to enable customers to gain visibility and control of how data is downloaded, used and shared via the
About this update from Crowdstrike Holdings, Inc.
[{"type":"text","content":"\nCrowdStrike announces acquisition of SecureCircle to enable customers to gain visibility and control of how data is downloaded, used and shared via the endpoint\n\n SUNNYVALE, Calif.--(BUSINESS WIRE)--\nCrowdStrike Holdings, Inc. (Nasdaq: CRWD), a leader in cloud-delivered endpoint and workload protection, today announced it has agreed to acquire SecureCircle, a SaaS-based cybersecurity service that extends Zero Trust security to data on the endpoint. With this acquisition, CrowdStrike will extend its industry leading Zero Trust endpoint security device and identity capabilities to include data. The all cash transaction is expected to close during CrowdStrike’s fiscal fourth quarter, subject to customary closing conditions.\n\nCrowdStrike has redefined security for the cloud era by securing the epicenter of enterprise risk - the endpoint. With SecureCircle’s technology, CrowdStrike will modernize data protection and enable customers to enforce Zero Trust at the device level, the identity level, and at the data level. By joining forces and leveraging SecureCircle’s innovative capabilities, CrowdStrike plans to solve a complex problem that vexes all organizations, data protection, with a simple solution - enforcing Zero Trust control at multiple levels, all delivered through CrowdStrike’s lightweight Falcon agent on the endpoint.\n\nZero Trust Data Protection Reimagined\n\nThe market for data loss prevention (DLP) and related technologies is estimated to be approximately $3 billion in 2021*. Despite billions of dollars invested in legacy DLP tools, organizations continue to experience data breaches at an alarming rate from accidental leaks, ransomware, sophisticated attacks and more. DLP is a failed technology and customers need a solution to protect data without impacting the user experience. With SecureCircle’s technology, CrowdStrike plans to reimagine data protection - by enforcing encryption on data in all three states (in transit, at rest and in use), customers will be able to protect data on, from and to the endpoint. Combined with CrowdStrike Zero Trust Assessment, customers will also be able to control data access and usage policies for each user based on their Zero Trust score, enabling dynamic risk mitigation.\n\n“Data loss prevention has suffered from a lack of innovation and legacy tools have completely failed to li...