Risk
12/12/2012
03:20 PM
Dark Reading
Dark Reading
Products and Releases
50%
50%

SafeNet, Inc., Sells Government Solutions Business Unit To Raytheon Company

Divestiture allows SafeNet to sharpen its focus on providing commercial data protection and rights management solutions

BALTIMORE – December 12, 2012 – SafeNet, Inc., a global leader in data protection, today announced it is increasing its focus on data protection and rights management for enterprise customers following the sale of its Government Solutions business unit to Raytheon Company. Financial terms of the agreement were not disclosed.

In November, SafeNet announced that it was divesting government solutions that were largely defense related to focus on the company's data protection and rights management portfolios. In addition to its enterprise customers, SafeNet will continue to provide government customers with its high-assurance data protection solutions, delivering strong authentication, key management, information sharing, and intelligent encryption necessary to protect critical data as the government migrates from the data center to the virtual data center and to the cloud.

Dave Hansen, SafeNet's President and Chief Executive Officer, stated "All of our data protection and rights management customers will benefit from today's announcement, whether they are commercial, critical infrastructure, or government enterprises. It will enable us to continue to sharpen our focus and extend our leadership in the explosive growth markets of data protection for cloud and virtual environments, and security from the cloud."

SafeNet's recent product introductions include SafeNet Authentication Service, a pure cloud, strong authentication platform; ProtectV, a high-assurance solution for securing cloud and virtual infrastructure and related data; SentinelCloud, cloud-based software licensing management; StorageSecure, the market's only multi-gigabit storage data protection appliance; and KeySecure, providing enterprise-scale key management for on-premise, cloud, and mobile environments. In addition, SafeNet has announced several cloud-related strategic alliances with VMware (NYSE: VMW) , Amazon Web Services (NASDAQ: AMZN), and NetApp (NASDAQ: NTAP).

About SafeNet

SafeNet, Inc. is one of the largest information security companies in the world, and is trusted to protect the most sensitive data for market-leading organizations around the globe. SafeNet's data-centric approach focuses on the protection of high-value information throughout its lifecycle, from the data center to the cloud. More than 25,000 customers across commercial enterprises and government agencies trust SafeNet to protect and control access to sensitive data, manage risk, ensure compliance, and secure virtual and cloud environments.

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Write a Caption, Win a Starbucks Card! Click Here
Latest Comment: This comment is waiting for review by our moderators.
Current Issue
Security Operations and IT Operations: Finding the Path to Collaboration
A wide gulf has emerged between SOC and NOC teams that's keeping both of them from assuring the confidentiality, integrity, and availability of IT systems. Here's how experts think it should be bridged.
Flash Poll
New Best Practices for Secure App Development
New Best Practices for Secure App Development
The transition from DevOps to SecDevOps is combining with the move toward cloud computing to create new challenges - and new opportunities - for the information security team. Download this report, to learn about the new best practices for secure application development.
Slideshows
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2017-0290
Published: 2017-05-09
NScript in mpengine in Microsoft Malware Protection Engine with Engine Version before 1.1.13704.0, as used in Windows Defender and other products, allows remote attackers to execute arbitrary code or cause a denial of service (type confusion and application crash) via crafted JavaScript code within ...

CVE-2016-10369
Published: 2017-05-08
unixsocket.c in lxterminal through 0.3.0 insecurely uses /tmp for a socket file, allowing a local user to cause a denial of service (preventing terminal launch), or possibly have other impact (bypassing terminal access control).

CVE-2016-8202
Published: 2017-05-08
A privilege escalation vulnerability in Brocade Fibre Channel SAN products running Brocade Fabric OS (FOS) releases earlier than v7.4.1d and v8.0.1b could allow an authenticated attacker to elevate the privileges of user accounts accessing the system via command line interface. With affected version...

CVE-2016-8209
Published: 2017-05-08
Improper checks for unusual or exceptional conditions in Brocade NetIron 05.8.00 and later releases up to and including 06.1.00, when the Management Module is continuously scanned on port 22, may allow attackers to cause a denial of service (crash and reload) of the management module.

CVE-2017-0890
Published: 2017-05-08
Nextcloud Server before 11.0.3 is vulnerable to an inadequate escaping leading to a XSS vulnerability in the search module. To be exploitable a user has to write or paste malicious content into the search dialogue.

Dark Reading Radio
Archived Dark Reading Radio
In past years, security researchers have discovered ways to hack cars, medical devices, automated teller machines, and many other targets. Dark Reading Executive Editor Kelly Jackson Higgins hosts researcher Samy Kamkar and Levi Gundert, vice president of threat intelligence at Recorded Future, to discuss some of 2016's most unusual and creative hacks by white hats, and what these new vulnerabilities might mean for the coming year.