Seagate and its LaCie subsidiary have announced the cancellation its Wuala cloud storage service. The closure is set to be complete November 15^th. The company stated, “Seagate is discontinuing service of Wuala in order to focus attention on the key areas of business that we see the most opportunity for our growth and revenue. Our partnerships with established consumer and SMB cloud offerings continue to demonstrate strong value to our customers, leading us to the decision to discontinue development of our own service.”

After Novemeber 15^th, all data will be deleted, so, the company has advised users to begin to download or transfer their content. It is recommended they use Tresorit, end-to-end encrypted cloud storage service and is offering both an easy transfer and discount upon subscription. Customers who paid upfront for the cloud service may receive a refund.

Dr Chenxi Wang, VP of cloud security and strategy at CipherCloud, has stated, “Wuala’s closure is emblematic of the commoditisation of cloud storage. We’re likely to see more closures and consolidations, which will mean more end users asking the same questions about their data and business continuity. These closures are highly disruptive for businesses. Customers are unexpectedly having to find another storage provider and face time pressures for moving their data out or face losing it. Aside from the business disruption, customers also have to worry about confidentiality for their data. What measures will Wuala take when they delete data? Will Wuala literally overwrite the bits on the disks, or will they simply delete the handle to the data?”

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Cryptzone has joined the Cloud Security Alliance, a not for profit organization that serves to promote the best practices for providing security within the realm of cloud computing as well as disseminating information pertaining to the myriad of cloud computing uses. Cryptzone provides a dynamic context-aware network, application and content security solutions.

Jim Reavis, CEO of the CSA, has stated, “Cryptzone offers a unique, comprehensive approach to securing data across both on-premises and cloud-based networks – a model that is very typical of what we see end-users leveraging today. Cryptzone offers a unique, comprehensive approach to securing data across both on-premises and cloud-based networks – a model that is very typical of what we see end-users leveraging today.”

Cryptzone has an extensive portfolio of solutions including but not limited to AppGate, a dynamic, context aware security gateway that prevents unauthorized access, Compliance Sheriff, which provides content governance for public websites, intranets and extranets, and Simple Encryption Platform, which secures data in email, removable storage, files and folders.

Kurt A. Mueffelmann, President and CEO of Cryptzone has also said, “Sophisticated cyberattacks are forcing enterprises to dramatically shift their thinking on how they secure their most valuable data and assets. The CSA has been at the forefront of research, not only to secure cloud computing, but to leverage the cloud to secure your entire compute infrastructure. We look forward to working with the CSA to further this research, and educate enterprises on how they can leverage best practices and proven models to improve their security posture now and for the future.”

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Fortinet, a global leader in high-performance cybersecurity solutions, has recently announced improvements to its FortiCloud management system. In addition, it announced a new line of cloud managed wireless access points. This marks yet another investment into the secure wireless networking market. Fortinet’s “FortiAP-S series” wireless LAN (WLAN) APs among the most secure cloud managed Wi-Fi products in the world, so, companies will not need to compromise security while managing their enterprise wireless LAN from the cloud.

John Maddison, vice president of marketing at Fortinet, has stated “Fortinet’s new FortiAP-S series combines the flexibility of cloud management, the latest generation of wireless access point technology and the proven security of FortiGuard, all forming a secure wireless architecture for enterprise access networks. We can now apply mobile-specific security policies and updates such as application control and virus scanning directly to the wireless access points, giving the customer a layer of perimeter defense for BYOD devices.”

The FortiAP-S series APs have a plethora of security features such as intrusion prevention, web filtering, rouge AP detection, antivirus security protection, granular application controls and more, all running directly on the access point. These features are backed by FortiGuard Labs’ threat intelligence. This level of hardware has been created through Fortinet’s extensive expertise.

Scott Fuhriman, vice president of sales and product development at TierPoint, a national provider of managed services, as said “We’ve worked closely with Fortinet to deliver best-in-class, business enabling wireless solutions that are tailored to meet the unique needs of each of our customers.”

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California based Zscaler, which provides security-as-a-service (SAAS), has raised $100 million dollars in Series B funding round. This was led largely by late stage investor TPG. Other investments have come from existing investors EMC, the storage company, and Lightspeed Ventures. The company has now raised well over $130 million dollars and its valuation last round was estimated to be at over a billion.

Jay Chaudhry, CEO of Zscaler, has said in a recent announcement, “Our mission is to make the Internet safe for business by delivering an amazing security platform that protects our clients and enables the strategic adoption of cloud computing, mobile devices and the Internet of Things. The investment and partnership from TPG and the global relationships and experience they provide will enable us to accelerate investment in our technology, grow our customer base and aggressively scale our business to meet growing demand. We are excited to join an elite group of security companies valued in excess of $1 billion.”
The companies’ customer base has nearly doubled since last year. The company has an estimated 5000 customers, including Humana, NBC, ExxonMobil and the UK’s National Health Services, and protects over 13 million employees.
Nehal Raj, a partner at TPG, and now a Zscaler board member, has also said, “We see tremendous opportunity in the rapidly growing cybersecurity industry, and after spending significant time in the space, we found Zscaler to be the leading cloud-based security solution for the world’s largest and most demanding customers — a true SaaS platform like that of Salesforce or Workday. We are looking forward to partnering with Jay and his team to accelerate growth, most immediately by introducing Zscaler to the potential customers and channel partners within our global network.”

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