Check Point will integrate Dynasec's risk management and compliance software easy2comply with its firewalls, IPS and other security products to provide end-to-end compliance management for customers.
Check Point Software
Technologies will acquire Israel-based Dynasec to enhance its governance, risk-management and compliance (GRC) portfolio to help customers grappling with
CheckPoint's 3D Security
strategy aims to compile and publish best practices for corporate security
policies and to develop products that meet those best practices. Dynasec's GRC
software will boost 3D Security's goals and integrate with the company's
security, business and consulting service, CheckPoint said Oct. 31.
The financial terms of the
deal were not disclosed, but Globes,
an Israeli business publication, estimated the value of the deal at $10 million
to $20 million. The acquisition is expected to close within the next month.
"This acquisition makes it
very simple for customers to establish corporate policies that adhere to a wide
range of global compliance regulations," said Amnon Bar-Lev, president of
Check Point. Security should be viewed as a business process, "focusing on
policy, people and enforcement," according to Bar-Lev.
Organizations have to comply
with a growing body of industry standards and government regulations that
govern how data and systems are protected and managed. The compliance and IT
staff have to implement a consistent security framework across the organization
that meets GRC requirements without disrupting day-to-day business operations.
Dynasec's software would allow Check Point to help customers translate compliance
requirements into IT-security policies that map to their overall business
objectives, Check Point said.
Check Point's acquisition of
Dynasec comes on the heels of two acquisitions last month in the adjacent
security information and event management (SIEM) space. The GRC technology
market has a lot in common with SIEM as they both deal with how organizations
handle security response and remediation, IT risk evaluation and compliance
management. IBM closed its Q1 Labs acquisition on Oct. 26. McAfee's
NitroSecurity deal has not closed yet.
Dynasec sells "easy2comply"
software, which provides customers with a set of GRC frameworks for hundreds of
compliance requirements, including Sarbanes-Oxley and the Health Insurance
Portability and Accountability Act (HIPAA). The easy2comply program helps
customers manage internal controls, meet regulatory risk-management deadlines
and streamline the organization's information-security process, Check Point
By integrating the
frameworks into CheckPoint's existing security products, such as the firewall,
VPN, application-control, intrusion-prevention, data-loss prevention, mobile-access
and endpoint-security products, customers will be able to automate the
compliance tasks and apply them consistently throughout the organization. The
combined security and GRC products will allow customers to manage the entire 3D
Security process, from corporate objectives to policies and security
enforcement, in one place and maintain a "continuous holistic security and
compliance picture," according to the company.
"By providing an easy way to
define, manage and translate security policies into IT security controls, we
are further enhancing the implementation of 3D Security for our customers,"
The easy2comply software can
be run on-premise on physical servers, or accessed as a software-as-a-service
Dynasec has customers in
over 20 different countries and offices in Israel, the United States, Canada,
the United Kingdom, the Netherlands, Spain and Hungary. All 26 Dynasec
employees are expected to join Check Point after the acquisition closes.