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Fortinet Extends Network Security Platform with Database Security Tools |
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Written by News watch
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Monday, 30 June 2008 |
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Fortinet® announced it 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 license to IPLocks' database monitoring and auditing tools. The financial terms of the deal are confidential.
In acquiring IPLocks' database security tools, Fortinet has enriched its security product portfolio to address a growing need to protect database applications, which are becoming a target of internal and external attack by cyber criminals looking to harvest personal and confidential data for financial gain. At the same time, enterprises are increasingly using database applications to house sensitive data and are looking for ways to do so safely and within compliance. The confluence of these factors presents an emerging market and a new revenue opportunity for Fortinet to expand its network security business. Forrester Research estimates the value of the database auditing and real-time protection market at approximately $450 million and expects it to double by 2010 as enterprises look to automate and secure even more of their enterprise databases.
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