SailPoint was founded on the principle that managing and controlling identity is central to an organization’s security and compliance initiatives. Increasingly, identity management is taking hold at the corporate level as a central component of compliance and security strategies. However, as we continue to talk with customers and prospects, we’ve come to realize that they are still largely struggling with access privileges and ownership of the unstructured data that exists outside of databases and applications.
With the explosion of unstructured data everywhere – from file stores on cloud storage services (such as Box.com) to mobile content and data in collaboration platforms, (such as SharePoint) to cloud storage services (such as DropBox and Google Apps) – organizations have lost track of what data exists where, who owns it, and who has access to it. This presents a significant compliance issue, and exposes organizations to security vulnerabilities such as the loss of sensitive data, IP theft and even corporate espionage.
As we spoke with our customers about managing unstructured data, it became clear to SailPoint that it was becoming an increasingly identity-relevant issue that needed to be addressed in the context of a larger identity management strategy. Combining the management of unstructured data with the power of identity management provides IT and the business a complete view of their risk exposure. It also allows them to work together to conduct regular reviews of the unstructured data ownership and access, clean it up, apply access policies and provision and deprovision access as appropriate.
For that reason, we announced today that SailPoint has acquired Whitebox Security, a specialist in data access governance, in order to address this emerging corner of identity management. We are making the Whitebox Security suite of data governance solutions available immediately from SailPoint and rebranded as SecurityIQ.
Our acquisition and strategy around data access governance is a logical step toward our long-term mission to become “Identity Inc.,” which means providing the most innovative and comprehensive solutions to meet all our customers’ IAM challenges, today and tomorrow. We are very excited about the future ahead of us and believe this is a great move for our company and customers.
Please join us in welcoming the Whitebox Security team to the SailPoint family. They’re as committed to addressing customer challenges and delivering ROI as we are, and we’re looking forward to collectively addressing this emerging IAM challenge.
Stay tuned in the coming weeks as we begin sharing more details on SecurityIQ. If you have any questions about this announcement, I encourage you to get in touch with us.