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April 29, 2015

Check Point turns to mobile following Lacoon buy

Predicted portfolio expansion comes amid new dangers in cybersecurity.

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Check Point will turn towards the mobile security market a month after its acquisition of Lacoon Mobile Security as it seeks to expand its product range.

Speaking at its conference in Amsterdam, the security vendor pledged to fortify its traditional stronghold in network security whilst exploring the emerging markets created by corporate mobile use and the development of the Internet of Things.

Marie Hattar, CMO at Check Point, said: "In the case of security, hackers are always going to find every possible opportunity to infiltrate an organisation.

"We believe that security needs to be multi layered and you have to look at the different levels."

Check Point purchased Lacoon earlier this month in a deal the former firm’s founder Gil Shwed said was worth tens of millions of dollars, prompting rumours that the firm was about to expand its product range.

At a conference keynote Shwed said: "I think we’re very lucky to live today in an amazing world that 25 years ago we could only imagine.

"In one click we can communicate with every person in our world, with the same click we can download almost all mankind’s knowledge and share it. Everything is available to us."

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However he added that these advances had brought considerable risk for businesses, highlighting not just the move towards greater mobility in work but also the future connectivity of consumer devices and industrial equipment.

"One attack today can shut down the entire power grid, can shut down the transportation system in a country," he said. "That’s very scary and very risky in our world today."

Despite Check Point’s pivot, it is warning that there are limits to what can be achieved in the cybersecurity market given the enhanced productivity associated with mobile devices and the expectations of workers.

Amnon Bar-Lev, president at Check point, noted that mobile devices were somewhat uncontrollable, whilst also warning against unjustified hype over the potential of analytics and threat intelligence, much discussed trends at last week’s RSA Conference in San Francisco.

"At the end of the day intelligence does not protect you," he said. "It just tells you about things that happen."

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