Forcepoint, emphasizing ‘human-centered’ security, buys RedOwl

Cybersecurity company Forcepoint, as part of its intensifying focus on what it calls “human first security,” is buying RedOwl, which specializes in using data analytics to measure and manage insider risk. Austin, Texas-based Forcepoint announced the acquisition Monday, saying RedOwl’s analytics platform would be on sale immediately and over time would be integrated into its full range of products. Executives declined to reveal the terms of the acquisition. “If the cybersecurity industry fails to put people at the center, it is certain to fall short in helping customers protect their most vital assets,” said Forcepoint CEO Matthew Moynahan, in a statement. “Forcepoint is absolutely committed to empowering customers with human-centric security systems,” and the Baltimore-based RedOwl “fits squarely into this promise,” he said. Cloud computing, mobile technology and rapid changes to infrastructure are making traditional perimeter cybersecurity “a fallacy,” explained Bharath Vasudevan, senior director for Forcepoint’s data and insider threat security business. “By focusing on how, when, where and why […]

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