Proofpoint to Acquire Normalyze to Enhance Data Security Offerings in Cloud Environments
Proofpoint, a leading cybersecurity company, is set to acquire Normalyze in a strategic move to enhance its data security offerings in today’s complex cloud environments. The acquisition, expected to be finalized in November, will integrate Normalyze’s AI-powered tools for data discovery, classification, and risk management into Proofpoint’s human-centric platform.
With the increasing adoption of cloud services, concerns around human-related risks in data handling have been on the rise. Proofpoint’s acquisition of Normalyze aims to address these challenges by providing enhanced protections against human errors, which are often significant risk factors in data security.
Normalyze’s Data Security Posture Management (DSPM) tools offer improved visibility and risk quantification, particularly in cloud and SaaS systems where traditional security models struggle. This technology will enable Proofpoint to strengthen its clients’ data security by focusing on human behavior as a key aspect of risk management.
The recognition of Normalyze as a Cool Vendor in the “2024 Gartner Cool Vendors™ in Data Security” further validates the innovative approach of the company in securing data pipelines linked to AI-driven environments. By leveraging AI-driven data classification at scale, Normalyze’s tools streamline data discovery and classification across various platforms, supporting governance and regulatory compliance.
Ravi Ithal, CTO and co-founder of Normalyze, emphasized the alignment of their mission with Proofpoint’s vision in improving data security posture and reducing the risk of data breaches caused by human errors. The integration of Normalyze’s DSPM technology will enable security teams to prioritize risks based on impact, enhancing operational efficiency in addressing potential threats.
As companies continue to adopt AI and generative tools, the need for robust data security measures becomes increasingly crucial. Proofpoint’s acquisition of Normalyze is expected to help customers navigate the complexities of cloud-native applications and manage risks associated with sensitive data effectively.