Published on : Apr 27, 2016
Cloud access security brokers, better known as CASB, are platforms offering cloud security solution that are deployed in order to protect critical and sensitive data of organizations. Lack of storage infrastructure and technological advancements have led to increased storage of digital information in cloud silos. With the growing threats of security breaches and data theft, CASB services are gaining popularity in the cloud security domain.
Small and medium firms have increasingly started deploying CASB solutions due to the dearth of storage infrastructure and flexible characteristics of CASB solutions. At low operating costs, CASB solutions, particularly SaaS-delivered services are gaining wide acceptance. All these factors are expected to boost the growth of the global cloud access security brokers market. However, lack of awareness regarding the secured usage of cloud technologies will play spoilsport in the growth of the market in the coming years. The outsourcing of security solutions has emerged as the foremost trend in the market.
Blue Coat Focuses on Expanding Its Reach across Cloud Security Market
To expand its reach in the cloud security market, Blue Coat is focussing on integrating Elastica’s CASB technology. The company had acquired CASB vendor Elastica last November for around US$280 million. The acquisition deal is paying off Blue Coat now as it is implementing Elastica’s expertise on web gateway products. This move is expected to push the growth of Blue Coat in the cloud security market. The Audit subscription service of Elastica has now been integrated with Blue Coat’s AppFeed to offer visibility into cloud access and suspicious IT activities. Elastica’s Audit helps an enterprise to find out suspicious IT activities and point out the usage of various applications by users across the enterprise.