Fortinet acquires IPLocks Assets
ConvergenceAsia staff
18/06/2008

Unified threat management solutions provider Fortinet has acquired IPLocks’ database security products and technologies as part of a strategy to broaden Fortinet’s network security portfolio.

Specifically, Fortinet has purchased IPLocks’ vulnerability assessment tool, source code and related physical assets, as well as a broad licence to IPLocks’ database monitoring and auditing tools.

IPLocks is a privately-held company that provides database security and compliance solutions to help guard against common database attacks, monitor database usage, alert on suspicious activities and identify fraudulent or malicious events. The tools assist enterprises in protecting internal data as well as meeting regulatory compliance requirements, such as Payment Card Industry Data Security (PCI DSS) and Sarbanes-Oxley (SOX), and data privacy laws.

“A continued rise in high-profile data security breaches has highlighted the significant financial, operational and reputational damage that can be inflicted on an improperly protected enterprise,” said Ken Xie, founder, president and CEO of Fortinet.

“As we continue to innovate solutions for securing networks and applications, we believe the IPLocks acquisition will bring an even greater benefit to our customers by hardening the protection of their databases for a security approach that penetrates more deeply into the network – to the application level. By enriching our product portfolio through this acquisition, we can offer customers this broader level of protection quickly and efficiently,” he added.

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