Acquisition brings multi-factor authentication to SMBs
Move to the cloud reduces cost and complexity
US-based WatchGuard Technologies, a network and wireless security firm, has closed a new acquisition that extends its portfolio to SMBs and distributed enterprises.
By acquiring advanced authentication firm Datablink, WatchGuard plans to develop its technology as a fully cloud-based service. Customers will be able to use the service to implement access authentication for the network, remote network, privileged users, SaaS applications and employee workstations.
Multi-factor authentication is an important way for organisations to protect themselves in case of a data breach - 63 per cent of which involve using weak, default or stolen passwords. However, cost and complexity have discouraged SMBs from using the technology.
Prakash Panjwani, CEO of WatchGuard, said: "Our vision has always been to make high-end enterprise-grade security accessible to everyone, regardless of company size or technical capabilities. Until now, the only barrier standing between the SMB market and mass adoption of authentication technology has been accessibility. We're excited to expand our portfolio and believe when we launch the new cloud-based authentication service next year, we'll be hitting the market at the perfect time."
Offering authentication as a cloud service removes several costs and complexities associated with on-premise deployments. In addition, WatchGuard's existing ecosystem of resellers and partners will distribute the service worldwide.
"Adding another solution that's complementary to our core security offerings is a tremendous business opportunity for our partners," added Panjwani. "Not only will they be able to broaden their own security portfolios with powerful authentication, but they will be able to offer it as a service, which reduces deployment, management, and support burdens."