Forcepoint announces acquisition of RedOwl

Forcepoint has announced the acquisition of RedOwl. This latest milestone in Forcepoint’s strategy arms customers with cybersecurity systems designed for the reality of today’s threats.

Forcepoint’s human point strategy views people – rather than technology infrastructure – as the focal point for cybersecurity. Cloud, mobility and ever-changing infrastructure makes the traditional perimeter a fallacy; by focusing on how, when, where and why people interact with critical data and IP, organizations can more effectively identify and address risk.

“The world has fundamentally changed and the way we think about security must change, as well. If the cybersecurity industry fails to put people at the center, it is certain to fall short in helping customers protect their most vital assets,” said Matthew P. Moynahan, Chief Executive Officer of Forcepoint. “Forcepoint is absolutely committed to empowering customers with human-centric security systems, and RedOwl fits squarely into this promise.”

RedOwl’s user and entity behaviour analytics (UEBA) technology is ideally suited for this human-first approach to addressing security and regulatory use cases. Since 2011, the company has focussed specifically on delivering capabilities that provide visibility into the holistic activities of people, including cyber, physical and financial. Customers deploy these capabilities to analyze large amounts of complex data, assess high-risk events and behaviors, and enact centralized and supervisory oversight to satisfy both security and regulatory requirements.

“As I’ve watched Forcepoint’s story unfold, it is clear we share the view that a human-first approach must be the path to addressing cybersecurity and internal risk,” said Guy Filippelli, Chief Executive Officer, RedOwl. “The opportunity to deliver a holistic solution around proactive human oversight is exciting; joining Forcepoint will accelerate our ability to deliver these important capabilities to our customers. We’re thrilled to become a part of the Forcepoint team.”

RedOwl brings a sophisticated analytics platform to Forcepoint’s human-centric cybersecurity system and will be integrated across the company’s portfolio, as well as with customers’ existing technologies (e.g., SIEM). This platform delivers real-time insight into anomalous interactions and access across people, data, devices and applications. In addition, the combination of RedOwl’s UEBA technology, Forcepoint DLP and Forcepoint Insider Threat will provide the industry’s only comprehensive solution for understanding and responding to the behaviours and intent of people.

RedOwl technology and employees are joining the Forcepoint team as part of the Data and Insider Threat Security business reporting to Thompson.

Tags: Forcepoint, RedOwl, cybersecurity, Matthew P Moynahan forcepoint, UEBA technology, Guy Filippelli redowl, forcepoint acquits redowl