Palo Alto Networks announces its intention to purchase Dig Security, a cloud security startup.

The leader in worldwide cybersecurity, Palo Alto Networks (NASDAQ: PANW), today announced that it has finalized an acquisition deal to buy Dig Security, a start-up cloud security company that offers cutting-edge Data Security Posture Management (DSPM).

Nearly 70% of businesses now already store data in public clouds1. Sensitive data is frequently dispersed even further over cloud services, such as distributed databases, vector databases, PaaS services, and more, as generative AI gains popularity and adoption. To defend against both internal and external threats, organizations require assistance in identifying sensitive data, managing user access, and putting strong security measures in place. Concurrently, the unrelenting increase in the quantity and severity of cloud data breaches continues2, seriously harming businesses. This emphasizes how important a role DSPM will

The leader in worldwide cybersecurity, Palo Alto Networks (NASDAQ: PANW), today announced that it has finalized an acquisition deal to buy Dig Security, a start-up cloud security company that offers cutting-edge Data Security Posture Management (DSPM).

Nearly 70% of businesses now already store data in public clouds1. Sensitive data is frequently dispersed even further over cloud services, such as distributed databases, vector databases, PaaS services, and more, as generative AI gains popularity and adoption. To defend against both internal and external threats, organizations require assistance in identifying sensitive data, managing user access, and putting strong security measures in place. Concurrently, the unrelenting increase in the quantity and severity of cloud data breaches continues2, seriously harming businesses.