Cybera Acquires Data Loss Prevention Firm Trail Security for 62 Million

In a significant move to bolster its cybersecurity capabilities, Cyera, a leading provider of data security solutions, has announced the acquisition of Trail Security, a renowned data loss prevention (DLP) firm. The deal, valued at a substantial $162 million, is expected to strengthen Cyera’s position in the market and offer its customers a more comprehensive suite of data protection tools.

Trail Security brings a wealth of expertise and innovative technology to the table, specializing in preventing sensitive data breaches and unauthorized access. By combining forces with Cyera, the two companies aim to create a powerful synergy that will enable them to deliver even more effective data security solutions to their customers.

The acquisition is a testament to the growing importance of data protection in today’s digital age, as organizations grapple with the increasing threat of cyberattacks and data breaches. With the addition of Trail Security’s capabilities, Cyera is well-positioned to help businesses safeguard their valuable assets and mitigate the risks associated with data loss.

Sources: Wikipedia, Undercode Ai & Community, Robotics Revolution, Internet Archive, Securityweek
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