Zscaler, Inc. announced it has completed its acquisition of ShiftRight
October 2022 by Marc Jacob
Zscaler, Inc. announced it has completed its acquisition of ShiftRight. ShiftRight’s workflow automation technology is currently being integrated into the Zscaler Zero Trust Exchange™ cloud security platform to automate security management for the growing influx of risks and incidents organizations are experiencing. This integration will provide a simple, sophisticated solution to reduce incident resolution time dramatically.
Security teams are held accountable, but are not directly responsible, for many security-related actions. This misalignment has become a source of contention for organizations as the security landscape becomes crowded, fragmented and complex. In practice, the responsibility for cybersecurity is distributed throughout multiple teams in an organization. Security teams are forced to work with multiple distinct groups to keep users and data properly secured. The current working model is an ineffective patchwork of error-prone spreadsheets interlaced with disparate systems where critical security issues fall through the cracks.
The transaction closed in Zscaler’s fiscal fourth quarter ended July 31, 2022. Terms of the transaction were not disclosed.