Security biz to slurp Aussie compliance outfit
Infosec giant Trend Micro is buying Australian compliance biz Cloud Conformity for $70m to help customers check the configuration of their fluffy white services – one of the major causes of cloud security breaches.
Trend Micro CEO Eva Chen said: "As more enterprises move to the cloud, our customers feel they're operating amid a wild-west approach to cloud implementations that leave them with unmanaged risk.
"Cloud Conformity understands these implementations and the risks," the exec added.
The complexity of typical multi-cloud environments can make assessing security and risk profiles and checking configurations and permissions much more difficult and time-consuming.
Gartner research from January estimates that 99 per cent of successful hacks on cloud platforms and services are down to customer errors of ..
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