Acquisition of Application Security, Inc. Expands Trustwave's Leadership in Protecting Data, Managing Compliance and Mitigating Data-Centric Vulnerabilities
CHICAGO - November 11, 2013 - Trustwave today announced the acquisition of data security provider Application Security, Inc. The company's automated database security scanning technologies strengthen Trustwave's ability to help organizations protect high-value data, reduce security risks and achieve compliance with mandates and regulations.
Application Security, Inc. pioneered the research and development of security software for relational databases and big data stores-helping businesses and government agencies uncover critical configuration mistakes, access control issues, missing patches, or any toxic combination of settings that could lead to denial-of-service attacks, unauthorized data modification and data breaches.
Trustwave will continue to develop, support and offer both Application Security, Inc. products, DbProtect and AppDetectivePRO, and will integrate and use those products throughout the Trustwave portfolio of information security, compliance management and threat intelligence offerings. The acquisition gives Trustwave the ability to:
"Attacks from cybercriminals, malicious insiders and other threats have increased the spotlight on the security of high-value data and the importance of protecting it no matter where it lives or where it's going," said Trustwave Chairman and Chief Executive Officer Robert J. McCullen. "Disparate products and manual tools and processes just can't keep up with the pace of today's threats. By joining forces with Application Security, Trustwave can help customers strengthen security across their environment-from the network, applications, Web, and down to the data itself-so they can more effectively fight cybercrime, protect data and reduce security risks."
Founded in 2002, Application Security, Inc. was, until the completion of the acquisition, a privately-held company headquartered in New York. The acquisition has closed, and financial terms were not disclosed.
About Trustwave
Trustwave is a leading provider of compliance, Web, application, network and data security solutions delivered through the cloud, managed security services, software and appliances. For organizations faced with today's challenging data security and compliance environment, Trustwave provides a unique approach with comprehensive solutions that include its TrustKeeper® portal and other proprietary security solutions. With more than two million businesses enrolled in TrustKeeper, Trustwave has helped organizations, ranging from Fortune 500 businesses and large financial institutions to small and medium-sized businesses, manage compliance and secure their network infrastructures, data communications and critical information assets. Trustwave is headquartered in Chicago with offices worldwide. For more information, visit https://www.trustwave.com.