Skyhigh Security

History

2022: Creation of a company

In mid-March 2022, Symphony Technology Group (STG) launched a new portfolio company, Skyhigh Security, which includes services that were previously available under McAfee Enterprise SSE.

This step is the final in the reorganization of STG after in June 2021 it acquired FireEye for $1.2 billion and McAfee Enterprise for $4 billion in March 2021. In January 2022, FireEye and McAfee Enterprise units were merged into a new company called Trellix.

Based on the assets of the corporate software division sold for $4 billion, McAfee created a new company

STG planned to launch the McAfee Enterprise Secure Service Edge portfolio, which will include Cloud Access Security Broker, Secure Web Gateway and Zero Trust Network Access, as a separate business. By March 22, 2022, only Skyhigh Security was launched.

The company was created to meet the growing security requirements of cloud computing for large and small organizations. The company claims that Skyhigh Security has a unique approach to managing access to and use of data.

Skyhigh Security has established itself as a specialized cloud security company that focuses on moving the business forward with a comprehensive and converged approach to data security, "said STG Managing Partner William Cheazholm. - We are committed to investing in this business, which is located in one of the most important security markets - SSE.

The Skyhigh Security SSE portfolio includes Security Web Gateway (SWG), Cloud Access Security Broker (CASB), Zero Trust Network Access (ZTNA), cloud data loss prevention solution, remote browser isolation technology, cloud firewall, and cloud application protection platform.^[1]

Skyhigh Security has created a comprehensive security platform to protect both access to and use of data through unified policies and data awareness, "said CEO G Rittenhouse. "Organizations can now have complete visibility and control, and easily monitor and mitigate security risks, reducing associated costs, increasing efficiency, and keeping pace with innovation."

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