Will integrate the technology into Infinity architecture, CloudGuard platform
Check Point Software will be incorporating serverless security into its product portfolio with the acquisition of Protego, the latest move by an established security vendor to bulk up its serverless capabilities via acquisition.
The Lowdown: Protego, as Israeli start-up with an office in Baltimore that in May 2018 received $2 million in seed money for its serverless security platform, is among a group of security companies that has cropped up over the past several years with the rise of the cloud and modern technologies like containers and cloud-native applications.
The Details: Check Point did not release financial terms of the deal, which is expected to close by the end of the month.
In the first quarter of 2020, the company will incorporate Protego’s technology into its Infinity architecture, a consolidated security solution for networks, endpoints, the Internet of Things (IoT), and cloud and mobile environments. Check Point’s CloudGuard cloud security platform also will include the Protego products. Protego’s technology is designed to stop malicious attacks on serverless functions in run time and to prevent vulnerable code from being deployed in production. It runs in Amazon Web Services, Microsoft Azure, and Google Cloud Platform.
The Impact: Other security vendors also are looking for ways to protect serverless environments, in which developers can write and deploy code without having to deal with the underlying infrastructure, often relying on managed cloud services. Palo Alto Networks jumped into the serverless security space in a big way in May, when it bought PureSec and Twistlock, which both had serverless and container security expertise to bolster the capabilities in its new Prisma suite of cloud security solutions.
Background: Analysts at Technavio are forecasting that the global market for serverless architecture will grow 26% a year, reaching $9.17 billion by 2023, with a key driver being the ability to reduce operating costs through a pay-as-you-use model at a time when costs are rising due to uncertain business and economics conditions.
The Buzz: “On their journey to cloud transformation, organizations require a new security paradigm to protect against fifth- and sixth-generation cyberattacks,” said Dorit Dor, Check Point’s vice president of products. “By incorporating serverless security into our market-leading CloudGuard portfolio and leveraging our comprehensive platform for cloud security and compliance, we deliver unprecedented protection across multicloud and hybrid environments.”