Imperva News
23 articles
Thales acquiring cybersecurity company Imperva for $3.6 billion | CTech
French multinational company Thales is acquiring Israeli-founded cybersecurity company Imperva for $3.6 billion. Thales will be purchasing Imperva from private equity firm Thoma Bravo, which paid $2.1 billion for the company in 2018. This acquisition will add approximately $500 million of revenue and over 1,400 employees to Thales. Impervas products help organizations protect critical applications, APIs, and data. Thales operates mainly within three domains: defense and security, aeronautics and space, and digital identity and security.
Acquisition
Imperva Meets Enterprise and Public Sector Data Security Needs for Critical and Sensitive Workloads on Oracle Cloud Infrastructure
Imperva blocked a record DDoS attack with 25.3 billion requests
Cybersecurity company Imperva mitigated a DDoS attack with over 25.3 billion requests, setting a new record for its application DDoS mitigation solution. The attack targeted an unnamed Chinese telecommunications company and lasted more than four hours, peaking at 3.9 million RPS. Impervas automated mitigation solution blocked the attack in under three seconds. The attack was launched by a botnet composed of almost 170,000 different IPs. The compromised devices were located in over 180 countries, with the majority in the US, Indonesia, and Brazil.
Customers
Imperva Extends its Data Security Fabric to Include Enterprise Data Lakes Built on AWS
Imperva acquires CloudVector, accelerating its web application and API protections
Cybersecurity company Imperva has agreed to acquire CloudVector, an advanced API security company. The acquisition is expected to strengthen Impervas API security solution and broaden the security of its customers applications and data. CloudVectors technology helps organizations discover, monitor, and protect API traffic, including identifying sensitive data exposure and securing shadow APIs. The acquisition of CloudVector is Impervas third acquisition since being acquired by Thoma Bravo in 2018. Imperva was founded in 2002 and has made a total of eight acquisitions, including jSonar and Distil Networks.
Acquisition
Imperva recognized for Performance in The Forrester Wave™: DDoS Mitigation Solutions, Q1 2021 Report
Impervas DDoS protection has been named a leader in The Forrester Wave: DDoS Mitigation Solutions, Q1 2021 report. The report recognizes Imperva for its performance in defending networks and applications from DDoS attacks. Impervas DDoS solution is capable of handling complex attacks and mitigating them with speed and efficiency. The companys topology deploys the cloud as the first line of defense, eliminating bottlenecks caused by Pulse Wave attacks. Imperva also mitigated some of the largest DDoS attacks on record and a high number of extortion-based Ransom DoS attacks in 2020. The company achieved the highest score in eight categories on the Forrester Wave DDoS Mitigation Solutions Scorecard.
Customers
An Industry First, Imperva Sonar Platform Delivers A Unified Security Platform Across Edge, Applications and Data
Imperva, Inc. has introduced the Imperva Sonar platform, which eliminates the need for siloed point solutions and delivers integrated analytics while automating workflow and accelerating incident response. The platform provides visibility to applications and data, addressing information security blind spots. It also offers a unified management console for security teams to monitor security performance metrics, attack analytics, and suspicious traffic. The platform aims to simplify the security of targeted business assets and protect data throughout its lifecycle. Imperva Sonar combines edge, application, and data security to protect all paths to data. The platform is designed to help organizations accelerate digital transformation projects and reduce the complexity caused by multiple security tools. The article highlights the importance of data protection in the modern business landscape and the need for a unified security platform.
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Despite COVID-19 pandemic, Imperva reports number of vulnerabilities decreased in 2020
Impervas report reveals a decrease in the number of vulnerabilities in 2020 despite the COVID-19 pandemic. The report highlights cross-site scripting (XSS) and injection as the dominant root causes of vulnerabilities. Social media trends also align with the findings. The report predicts a constant growth in API vulnerabilities in 2021 but at a slower rate. Injection and XSS vulnerabilities remain a concern, and vulnerabilities in third-party plugins are expected to increase. Imperva recommends using a Web Application Firewall (WAF) to protect against web application database vulnerabilities.
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Imperva acquires jSonar in Israeli cybersecurity consolidation
Israeli-founded cybersecurity company Imperva is acquiring American database security company jSonar. Imperva has also appointed a new Senior Vice President, Global Product Development. The acquisition amount was not disclosed, but similar deals have been estimated at hundreds of millions of dollars. Imperva was purchased by investment firm Thoma Bravo for $2.1 billion in 2018. The company has two R&D centers in Israel and employs 1,000 people, with 450 in Israel. The acquisition strengthens Impervas position as a global player in securing data and information.
AcquisitionExpand
For Cyber Companies, There Is no Place Like Israel, Says Imperva CEO
Pam Murphy, the CEO of Imperva, believes that the Covid-19 crisis will lead to a greater focus on remote work and a reexamination of business models. The company experienced growth in the food and e-commerce industries but also faced increased cyberattacks. Imperva, an Israeli information security company, develops software for internal databases and web apps. It was listed on Nasdaq in 2011 with a valuation of $400 million. In 2018, it was acquired by Thoma Bravo LLC for $2.1 billion. Murphy, who took over as CEO in January, aims to prevent future data breaches and strengthen the companys security measures. Imperva plans to hire more employees for its Israeli team.
CustomersExpand
Information Security Company Imperva Appoints New CEO
Information security company Imperva Inc. has appointed Pam Murphy as CEO, following the resignation of former CEO Chris Hylen. The company had previously disclosed a data breach that affected its cloud web application firewall customers. Imperva develops and sells information security software and was founded in Israel in 2002. It listed on Nasdaq in 2011 with a valuation of $400 million. In 2018, it was acquired by Thoma Bravo LLC for approximately $2.1 billion. The company employs around 1,000 people, with 450 based in Israel.
Management Changes
Imperva Expands Executive Leadership With New Technical Talent
Imperva CEO Chris Hylen Resigns
Chris Hylen, the CEO of Imperva Inc., has stepped down following a data breach that endangered its cloud web application firewall customers. The resignation has a negative impact on the companys growth. Imperva, founded in Israel in 2002, develops and sells information security software. In 2018, it was acquired by Thoma Bravo LLC for a total deal value of around $2.1 billion. The company reported revenues of $90 million for the last quarter before its delisting. The resignation of Hylen comes after a difficult year for Imperva, which included layoffs and the data breach. The company is now searching for a new permanent CEO.
Management Changes
Imperva discloses security incident impacting cloud firewall users ZDNet
Cybersecurity firm Imperva disclosed a security incident that impacted customers of its cloud web application firewall (WAF). The breach exposed customer email addresses, hashed and salted passwords, API keys, and customer-provided SSL certificates. Imperva has notified affected customers and is forcing password changes. The company has engaged forensics experts and informed regulatory agencies. The details of the breach, including how it occurred and who discovered it, are still under investigation. Imperva was acquired by Thoma Bravo in February 2019 for $2.1 billion.
Customers
Imperva Application Security portfolio provides protection for any attack size - Help Net Security
Imperva has announced significant enhancements to its Application Security portfolio, including targeted protection against account takeover (ATO) and partnerships with leading API vendors. The company also offers an unprecedented three-second SLA for mitigating any type of DDoS attack. These enhancements help customers strengthen their defenses against evolving cyber attacks. Impervas acquisition of Distil Networks will further strengthen its anti-bot capabilities. The companys API Security protects API endpoints and integrates with API vendors like Microsoft Azure and Amazon AWS. Imperva also provides enhanced DDoS protection for individual IPs. With these capabilities, Imperva brings defense in depth to a new level, allowing companies to prioritize security during digital transformation and cloud migration.
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Imperva to Acquire Bot Management Company Distil Networks
Information security company Imperva Inc. has signed an agreement to acquire Virginia-based bot management company Distil Inc. The financial details of the deal were not disclosed. Distil Networks develops cloud-based security software that uses machine learning to analyze attack patterns and defend websites against malicious bots. Prior to the acquisition, the company raised nearly $70 million. Imperva, headquartered in Redwood City, California, develops and sells information security software for databases and web apps. Imperva was acquired by technology investment firm Thoma Bravo LLC for $2.1 billion earlier this year.
Acquisition
Imperva to Lay Off Dozens of Employees Following Acquisition by Thoma Bravo
Technology investment firm Thoma Bravo LLC has completed its $2.1 billion acquisition of information security company Imperva Inc. Imperva is letting go dozens of employees in Israel, but intends to maintain its operations in Tel Aviv and Rehovot.
Layoffs
Thoma Bravo buys cybersecurity co Imperva for $2.1b
US private equity company Thoma Bravo is acquiring cybersecurity company Imperva for $2.1 billion, a 30% premium on its share price. Thoma Bravo plans to take Imperva private. The acquisition will provide immediate and substantial value to Imperva stockholders and allow the company to focus on executing its long-term strategy. Impervas offices in Tel Aviv and Rehovot employ an estimated 500 employees.
Acquisition
Elliott Associates 'Restarted' Information Security Company Imperva
Imperva, an information security company, reported a quarterly net profit for the first time and beat analyst forecasts in its annual reports. Since activist investor Elliott Associates LP disclosed a stake in Imperva in 2016, nine executives have left the company. Imperva had been experiencing losses since its launch in 2002, but its recent reports showed positive results. The company reported total revenues of $91.1 million in a quarterly report, with an increase in product and services revenue. Impervas co-founder, Shlomo Kramer, sold his entire stake in the company in January. The article highlights the changes in management and the companys financial performance.
Management Changes
Incapsula network to expand, in a bid to increase Performance and Speed Attack Mitigation
Imperva is expanding its Incapsula network and investing in second-generation DDoS attack mitigation technology. The expansion is driven by a shift in DDoS attack patterns, with a significant increase in high packet rate attacks. Imperva has expanded its Incapsula data center footprint and increased network bandwidth. They have also deployed second-generation scrubbing technology in their global network. The expansion aims to provide faster performance and introduce a 10-second DDoS mitigation SLA. The investment and expansion are expected to help Imperva handle larger DDoS attacks and protect against downtime.
InvestmentExpand
Imperva Expands Global Incapsula Network to Increase Performance and Speed Attack Mitigation
Imperva Inc. has announced a significant expansion of its network and investment in second-generation DDoS attack mitigation technology. The investment means faster performance for internet users and introduces an industry-leading 10-second DDoS mitigation service level agreement (SLA) to minimize business disruption in the event of a DDoS attack. The network expansion is driven by subscriber growth along with a change in DDoS attack type, size, and frequency. Imperva has expanded its Incapsula data center footprint with the addition of points of presence (PoPs) in several locations and has increased its network bandwidth. The company now offers a new 10-second DDoS mitigation SLA.
CustomersInvestment
Security company Imperva raises $20M
Imperva, a company that provides application data security, has raised $20 million in a fourth round of financing. The company’s total funding is now $54 million.
Investment
Data security co. Imperva raises $17m
Israeli start-up Imperva has closed a fourth financing round, raising $17 million. The funding will be used to expand the companys sales infrastructure and capitalize on the growing market opportunity for its data security products. Greylock Partners, along with existing investors, led the financing round. Imperva, founded in 2002, offers a device for preventing unauthorized use of knowledge by enterprise employees, primarily targeting web-based enterprises and commerce sites. The company aims to become a world leader in the data security category.
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