Today, nearly 70% of companies have data stored in the public cloud with sensitive data often even more spread out across cloud services, including distributed databases, vector databases, PaaS services, among others. Companies need assistance in identifying that sensitive data and thus effectively managing user access and implementing robust security measures to protect against internal and external threats. At the same time, the rise in volume and impact of cloud data breaches remains high.
Dig’s DSPM solution helps organizations discover, classify, monitor, and protect sensitive data across all cloud data stores, giving Palo Alto Networks’ customers visibility into and control of their multi-cloud data estate. Following the acquisition, Dig’s solution will be integrated into the Prisma Cloud platform to offer data protection from ‘code to cloud’.
“Modern cloud applications leverage a broad set of data stores to meet the complex needs of businesses,” said Dan Benjamin, Co-Founder and CEO at Dig Security. “Integrating Dig’s technology with Prisma Cloud will enable customers to effectively manage the security of their diverse data stores in modern cloud applications and reduce the risk of data breaches. My co-founders and I look forward to continuing our innovation journey with Palo Alto Networks to make the world safer.”
Palo Alto, founded in 2005 by Israeli Nir Zuk, is the world’s largest cyber company in terms of market cap. Dig was founded by Benjamin, Ido Azran, and Gad Akuka, all of whom will continue leading their teams in joining the Prisma Cloud team at Palo Alto Networks after closing.
“The announcement of our intent to join forces with Dig reinforces our longstanding commitment to our team in Israel and to continue growing our footprint with its talented and dedicated cybersecurity professionals,” said Lee Klarich, Chief Product Officer for Palo Alto Networks. Ankur Shah, its SVP of Products, Prisma Cloud, added: “Dig lets security teams see and secure their data across multi-cloud environments. This visibility and security is becoming increasingly important in the age of generative AI.”
