The company today disclosed an approach to data security designed to protect against modern threats at a lower cost than complex network tools.
Data security startup Privafy has officially entered the market with a new security-as-a-service application and $22 million in minority investment to continue scaling its cloud-based business.
Privafy, founded by executives of Verizon and NXP Semiconductors, aims to secure data in motion as it travels across on-prem locations, clouds, mobile, and the Internet of Things. Its app relies on the integrated functionality of encryption systems and VPNs, firewalls, distributed denial-of-service (DDoS) protection, intrusion detection and prevention systems, data loss prevention, and deep content inspection technology.
The goal is a new approach to network security. Technologies developed by the networking industry to protect data are quickly becoming obsolete for today's cloud- and mobile-based workloads, said co-founder and CEO Guru Pai in a statement. SD-WAN and cloud-based point products are often more focused on cost reduction than addressing underlying security flaws.
Privafy aims to do both. Its Cloud Services are built to protect data across business environments from unauthorized intrusions, malware, DDoS, ransomware, and other threats at a lower cost than legacy tools. A central dashboard monitors and manages Privafy security services, including NetEdge to secure on-prem connectivity, CloudEdge to secure public and private clouds, and AppEdge to protect workers on iOS, Android, Windows, macOS, and Linux.
Read more details here.
Check out The Edge, Dark Reading's new section for features, threat data, and in-depth perspectives. Today's top story: "The Y2K Boomerang: InfoSec Lessons Learned from a New Date-Fix Problem."
About the Author(s)
You May Also Like
Guarding the Cloud: Top 5 Cloud Security Hacks and How You Can Avoid Them
April 4, 2024Cybersecurity Strategies for Small and Med Sized Businesses
April 11, 2024Defending Against Today's Threat Landscape with MDR
April 18, 2024Securing Code in the Age of AI
April 24, 2024
Black Hat USA - August 3-8 - Learn More
August 3, 2024Cybersecurity's Hottest New Technologies: What You Need To Know
March 21, 2024Black Hat Asia - April 16-19 - Learn More
April 16, 2024