Emerging Technology

OpenText Strengthens Security & Protection Cloud with Network Detection & Response

Acquisition of Bricata technology enables OpenText to extend threat detection and response to the network

OpenText™ (NASDAQ: OTEX), (TSX: OTEX) today announced the addition of next-generation Network Detection & Response (NDR) technology to the OpenText Security & Protection Cloud through the acquisition of Bricata .

Maryland -based Bricata provides NDR security technologies that analyze network traffic for vulnerabilities and threats – reducing the number of false-positive security alerts, while responding to actual threats in real-time to keep enterprise networks operational and in a trusted state. The addition of the Bricata team also provides deep engineering talent to help build future products in the growing NDR market.

"As organizations benefit from digitization and the move to the Cloud, they also face new risks and challenges from cyberattacks", said Mark J. Barrenechea , OpenText CEO & CTO. "The addition of the deep-visibility Network Detection & Response solutions provides increased protection for our customers, allowing them to focus on productivity."

Protecting Expanded Perimeters

OpenText can now collect and analyze data from all sources across cloud, network, endpoints, email, and webserver. Trends such as remote working, Shadow IT, and Cloud adoption require new technologies to help secure the ever-expanding enterprise perimeters. With the combination of Bricata's NDR technology and OpenText's Endpoint Detection & Response, Digital Forensics, and Incident Response, security teams have 360-degree visibility across network and endpoint to detect threats, conduct root cause analysis across their network, and bring systems back to a trusted state.

Additional Capabilities

Using smart sensors, Bricata's NDR eliminates blind spots and delivers complete network visibility in support of comprehensive internal investigations. This level of inspection allows users to intelligently capture and analyze network data to support any type of internal investigations such as HR-driven investigations or fraud. The Smart Sensor also automatically examines files transmitted within the network for malicious attributes.

The Bricata purchase price and current revenues are not material to OpenText financials and are not disclosed.

About OpenText

OpenText, The Information Company™, enables organizations to gain insight through market leading information management solutions, powered by OpenText Cloud Editions. For more information about OpenText (NASDAQ: OTEX, TSX: OTEX) visit opentext.com .

Connect with us:
OpenText CEO Mark Barrenechea's blog
Twitter | LinkedIn

Certain statements in this press release may contain words considered forward-looking statements or information under applicable securities laws. These statements are based on OpenText's current expectations, estimates, forecasts and projections about the operating environment, economies, and markets in which the company operates. These statements are subject to important assumptions, risks and uncertainties that are difficult to predict, and the actual outcome may be materially different. OpenText's assumptions, although considered reasonable by the company at the date of this press release, may prove to be inaccurate and consequently its actual results could differ materially from the expectations set out herein. For additional information with respect to risks and other factors which could occur, see OpenText's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other securities filings with the SEC and other securities regulators. Unless otherwise required by applicable securities laws, OpenText disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

Copyright © 2021 Open Text. All Rights Reserved. Trademarks owned by Open Text.  One or more patents may cover this product(s). For more information, please visit https://www.opentext.com/patents .

Further information:
publicrelations@opentext.com

OTEX-MNA

View original content: https://www.prnewswire.com/news-releases/opentext-strengthens-security--protection-cloud-with-network-detection--response-301431609.html

SOURCE Open Text Corporation

News Provided by PR Newswire via QuoteMedia

The Conversation (0)
robot using ai to think

Nvidia to Build Israeli Supercomputer as AI Demand Soars

SOURCE: REUTERS

By Steven Scheer

Keep reading...Show less
face in profile made of binary code and circuitry lines

5 Canadian Artificial Intelligence Stocks (Updated 2023)

Blockchain isn't the only new technology that's transforming the world we live in — artificial intelligence (AI) is also taking charge as a revolutionary industry in a big way, and its momentum looks set to continue.

Case in point — the global AI market was worth US$136.55 billion in 2022, and it is projected to grow at an impressive compound annual growth rate of 37.3 percent through 2030 to reach US$1.81 trillion.

According to a Grand View Research report, "The continuous research and innovation directed by the tech giants are driving the adoption of advanced technologies in industry verticals, such as automotive, healthcare, retail, finance, and manufacturing."

Keep reading...Show less

OpenText Celebrates 10th Consecutive Year as a Leader in the Gartner® Magic Quadrant for Application Security Testing

Fortify, part of the OpenText Cybersecurity portfolio, empowers DevSecOp teams

OpenText ™ (NASDAQ: OTEX), (TSX: OTEX) announced today it has been recognized as a Leader in the 2023 Gartner Magic Quadrant review for Application Security Testing (AST) for the 10 th consecutive year. With more than 20 years of innovation, Fortify has a long history in the commercial application security testing space and is well known for offering exceptional security and visibility.

News Provided by PR Newswire via QuoteMedia

Keep reading...Show less
businessman using ChatGPT on a screen

What is OpenAI's ChatGPT and Can You Invest? (Updated May 22)

OpenAI’s ChatGPT is one of the latest technological breakthroughs in the artificial intelligence (AI) space.

The global AI market is already expected to grow at a compound annual growth rate of 38.1 percent to reach US$1.59 trillion by 2030 — just how much of an impact OpenAI’s ChatGPT will have on this space is hard to predict.

The emerging technology is representative of a niche subsector in the AI industry known as generative AI — systems that can generate text, images or sounds in response to prompts given by users.

Keep reading...Show less

Vertica by OpenText and Anritsu Sign New Deal for Next-Gen Architecture and 5G Network Capabilities

Vertica by OpenText data analytics platform opens the door for AI and machine learning for use by the telecommunications company.

Today, Vertica by OpenText (NASDAQ: OTEX, TSX: OTEX) and Anritsu Service Assurance announced the extension of their long-running partnership providing a new generation of analytical database technologies to Anritsu's next-generation architecture, designed to meet the demands of 5G networks around the world.

News Provided by PR Newswire via QuoteMedia

Keep reading...Show less
SensOre

Dispatch Of Share Purchase Plan Offer Document

SensOre Ltd (ASX:S3N) aims to become the top performing global minerals targeting company through deployment of big data, artificial intelligence (AI)/machine learning technologies and geoscience expertise.

Keep reading...Show less

Latest Press Releases

Related News

×