May 9, 2024

The network security provider SonicWALL announced the acquisition of Banyan Security, a provider of edge service security solutions for workforces, to expand its cloud services portfolio.

Founded in 2015, Banyan Security specializes in security service edge, that combines various network security services like secure web gateways, cloud access security brokers, zero trust network access and firewall-as-a-service into a unified, cloud-based package. SSE is a subset of secure access service edge, which combines networking and security into a single cloud service.

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As more workforces and organizations have shifted to cloud computing, the edge, where employees connect to networks remotely, has become an increasing vector for attackers to use privileged access enter networks and exploit vulnerable systems.

The attack surfaces have increased largely, with more employees embracing hybrid and remote working from home, virtual offices and cyber cafes, outside devices are also increasingly connecting to critical business applications and complex networks. Protecting them have become even more problematic since defenses can no longer simply stop attackers at the entry points, and new cybersecurity paradigms to prevent exploits must be embraced.

The purchase will fill out SonicWall’s existing cybersecurity portfolio with zero-trust features that previously had been fulfilled through original equipment manufacturers.

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SonicWall already offers numerous security and network products, including endpoint, wireless cloud email and threat intelligence. This is the company’s second acquisition in the past three months, following a nearly 10-year hiatus. In November, it acquired Solutions Granted, a maker of managed security services for threat detection and response. With the platform, users get a unified backend for threat visibility and simplified workflows.

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