CA extends security portfolio with new acquisition

BANGALORE, INDIA: CA Technologies has signed a definitive agreement to acquire Xceedium, a provider of privileged identity management solutions that protect on-premise, cloud and hybrid IT environments.

Xceedium, headquartered in Herndon, Va., was founded in 2000 and has offices in Jersey City, NJ, and Ottawa, Canada.  It holds four patents in the area of privileged identity management and supports customers across multiple markets including finance, retail, manufacturing and federal government.

“Our digital world gives organizations tremendous opportunity; it also introduces additional regulatory demands and increased risk as bad actors penetrate our networks using stolen credentials which give them the proverbial ‘keys to the kingdom’,” said Steve Firestone, senior vice president and Security general manager, CA Technologies.

Acquiring Xceedium will extend CA’s security portfolio, giving customers a comprehensive solution for controlling and protecting IT administrator or other privileged user accounts from external attacks or insider mistakes and malicious misuse.

Xsuite, Xceedium’s innovative privileged identity management solution for hybrid IT environments, offers an identity-centric, proxy-based approach. This complements CA Privileged Identity Manager’s resource- or host-based access control approach, which focuses on controlling access to the server operating system and limits the scope for administrators—especially superusers—to modify processes, configuration files or registries.

“Stealing and exploiting privileged accounts is a central element of the kill chain in cyber attacks of all kinds, regardless of attacker origin. We’re excited to join forces with CA to help deliver a next generation threat mitigation suite to the market that directly addresses these devastating data breaches and attacks” said Glenn Hazard, Xceedium CEO.