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Check Point Press Releases


CHECK POINT TO ACQUIRE ATMOSEC, AN INNOVATIVE SAAS SECURITY VENDOR, AS PART OF
ITS STRATEGY TO DELIVER THE MOST SECURE SASE SOLUTION


THE TECHNOLOGY WILL ALLOW ORGANIZATIONS TO PREVENT CYBERATTACKS ON THEIR SAAS
ECOSYSTEM: DISCOVER AND DISCONNECT MALICIOUS APPLICATIONS, PREVENT COMMUNICATION
WITH RISKY 3RD PARTY APPLICATIONS AND FIX SAAS MISCONFIGURATIONS


San Carlos, CA  —  Wed, 06 Sep 2023

Check Point® Software Technologies Ltd. (NASDAQ: CHKP), a leading provider of
cyber security solutions globally, has announced the acquisition of Atmosec. An
early-stage start-up, Atmosec specializes in the rapid discovery and
disconnection of malicious SaaS applications, preventing risky 3rd party SaaS
communications, and rectifying SaaS misconfigurations. The move reinforces Check
Point‘s commitment to enhance its SaaS security offering and address the
security gaps and blind spots in SaaS applications. Atmosec was founded in
January 2021 and employs 17 employees.

The widespread adoption of SaaS applications has exposed organizations to an
increased array of cyber threats. Statista reports an average use of 130 SaaS
applications by organizations globally. Yet, Atmosec’s research reveals that
there are approximately 700 additional SaaS applications in use without IT’s
knowledge. Moreover, within popular enterprises SaaS platforms like O365 and
Slack, hundreds of third-party apps are connected. This ever-expanding SaaS
landscape not only increases the potential attack surface, but it also
introduces many apps that could be harmful or misused to leak sensitive
information, often bypassing proper IT authorization.

“The shift to SaaS applications introduces specific challenges, notably in the
realm of malicious SaaS-to-SaaS communications. Atmosec´s capabilities in SaaS
discovery, risk assessment, and full visibility are instrumental in addressing
these challenges,” says Nataly Kremer, Chief Product Officer and Head of R&D at
Check Point Software Technologies. “Integrating Atmosec’s technology into Check
Point Infinity sets us to deliver one of the industry’s most secure SASE
solutions, enabling organizations to effectively manage SaaS security, prevent
data leaks, unauthorized access, and malware dissemination, and ensure a robust,
adaptive zero trust environment.”

Key features of Atmosec’s technology include:

 * Quick discovery and disconnection of malicious SaaS applications, completed
   in under 10 minutes
 * Prevent third-party SaaS applications from communicating with an enterprise’s
   SaaS environment
 * Provide full visibility into authorized and unauthorized SaaS applications
 * Fix misconfigurations within SaaS applications such as publicly exposed
   repositories
 * Enforce multi factor authentication (MFA) to access the application, and many
   more.

With Atmosec’s technology, Check Point Infinity will offer SaaS security with
continuous SaaS posture management, prevention of malicious communications
(SSPM), and a full security stack for SaaS apps including threat prevention,
data protection, and adaptative zero-trust access controls for both users and
devices (CASB).

New capabilities will be incrementally released based on roadmap milestones,
enabling organizations to utilize these critical enhancements from the same
Check Point Infinity platform they already use today. The acquisition of Atmosec
is expected to close by mid-September 2023.



Follow Check Point Software via:
X (Formerly known as Twitter): https://www.twitter.com/checkpointsw
Facebook: https://www.facebook.com/checkpointsoftware
Blog: https://blog.checkpoint.com
YouTube: https://www.youtube.com/user/CPGlobal
LinkedIn: https://www.linkedin.com/company/check-point-software-technologies

About Check Point Software Technologies Ltd.
Check Point Software Technologies Ltd. (www.checkpoint.com) is a leading
provider of cyber security solutions to corporate enterprises and governments
globally. Check Point Infinity’s portfolio of solutions protects enterprises and
public organizations from 5th generation cyber-attacks with an industry leading
catch rate of malware, ransomware, and other threats. Infinity comprises four
core pillars delivering uncompromised security and generation V threat
prevention across enterprise environments: Check Point Harmony, for remote
users; Check Point CloudGuard, to automatically secure clouds; and Check Point
Quantum, to protect network perimeters and datacenters, all controlled by the
industry’s most comprehensive, intuitive unified security management; Check
Point Horizon, a prevention-first security operations suite. Check Point
protects over 100,000 organizations of all sizes.

Legal Notice Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. Forward-looking statements generally relate to future
events or our future financial or operating performance. Forward-looking
statements in this press release include, but are not limited to, statements
related to our expectations regarding our products and solutions and Atmosec’s
products and solutions, our expectations to deliver one of the industry’s most
secure SASE solutions, our ability to leverage Atmosec’s capabilities and
integrate them into Check Point Infinity’s architecture, and the consummation of
the acquisition of Atmosec, and the expected timeline for the consummation of
the acquisition. Our expectations and beliefs regarding these matters may not
materialize, and actual results or events in the future are subject to risks and
uncertainties that could cause actual results or events to differ materially
from those projected. The forward-looking statements contained in this press
release are subject to risks and uncertainties, including those more fully
described in our filings with the Securities and Exchange Commission, including
our Annual Report on Form 20-F filed with the Securities and Exchange Commission
on April 27, 2023. The forward-looking statements in this press release are
based on information available to Check Point as of the date hereof, and Check
Point disclaims any obligation to update any forward-looking statements, except
as required by law.



 

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