Bytes Blog: Mimecast Announces Acquisition of Code42

Thursday 8th August 2024

Introduction

In a significant development in the cybersecurity landscape, Mimecast, a leading global Human Risk Management (HRM) platform, has announced its acquisition of Code42, a renowned insider threat management and data loss prevention company. This acquisition marks a pivotal step in Mimecast’s strategy to revolutionise how organisations manage and mitigate human-centered security risks.

The Acquisition

Building on the success of their existing technology partnership, Mimecast will integrate Code42’s solution suite into its platform to enhance insider threat detection and response. This move is designed to provide comprehensive visibility and strategic insight across customers’ ecosystems, enabling more effective intervention to prevent costly incidents caused by insider risk and data exfiltration.

Key Benefits

1. Enhanced Security Capabilities: Code42’s market-leading insider threat management and data loss prevention capabilities will be seamlessly integrated into Mimecast’s platform. This integration will help businesses protect critical data from exposure, loss, leak, and theft while accelerating incident response times.

2. Comprehensive Visibility: The acquisition will enable businesses to gain comprehensive visibility into risky user activities across various platforms, including email, collaboration tools, web, and cloud services.

3. Strategic Insight: By joining forces, Mimecast and Code42 aim to provide strategic insights that help organisations quickly detect and respond to threats across their expansive digital environments.

Leadership Perspectives

Marc van Zadelhoff, CEO of Mimecast, emphasised the importance of this acquisition: “Mimecast’s platform stands out in our crowded industry by focusing specifically on the critical moment of risk—a person opening their laptop. Integrating leading solutions like Code42 broadens and deepens our proven security and human risk management capabilities”.

Joe Payne, President & CEO of Code42, added, “Protecting organizations from data exfiltration requires enhanced visibility into risky user activities. By joining forces with Mimecast, we can help customers quickly detect and respond to threats across their expansive digital environments”.

Conclusion

This acquisition reinforces Mimecast’s commitment to solving human risk through a connected HRM platform. The integration of Code42’s capabilities will undoubtedly strengthen Mimecast’s position in the cybersecurity market, offering customers a more robust and comprehensive solution to manage insider threats and data loss prevention.

Keen to learn more about the acquisition, or how Bytes & Mimecast can support your Cyber Security Strategy? Reach out to your dedicated Bytes Account Manager, or email our friendly team via [email protected].

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