Combination Will Enhance Security and Compliance Capabilities, Expand
Offerings for Both Commercial and Government Customers
“As organizations continue to move their most critical enterprise class workloads to the cloud, security and compliance must be priority number one,” said
As a result of the acquisition:
“The acquisition underscores the virtue of security and compliance in bringing risk-averse enterprises to production clouds, particularly those that are subject to stringent regulatory requirements,” said
The relationship between the two companies developed in 2012 when Virtustream integrated ViewTrust’s GRC and Risk Management solution into xStream to enable commercial enterprises and government agencies to automate the pre- and post-audit requirements, as well as ensure continuous compliance monitoring. Built on a modular reference architecture which supports both SQL and NoSQL (Big Data) data stores with conformance to the CAESARS (Continuous Asset Evaluation, Situational Awareness and Risk Scoring) framework and NIST 800-137, these tools solve the problem of Continuous Enterprise Risk and Compliance Management by ingesting and analyzing massive amounts of data, to help enterprises meet, not only the requirements of a compliance audit, but also support post compliance analytics, monitoring and reporting.
“By integrating a comprehensive GRC, SIEM and Risk Management offering into our service, we will save our clients money, reduce deployment time to minutes, and ensure their environments are continuously monitored and secure,” added
ViewTrust’s suite of products will also enhance the Virtustream software portfolio both as stand-alone products and a fully integrated solution into Virtustream’s xStreamTM cloud management software. ViewTrust’s assets will strengthen the xStream product suite by adding security-related IP to both the hybrid and core policy engine. Virtustream will be able to help customers manage and monitor compliance with leading cloud certifications and compliance frameworks, including FedRAMP, FISMA, DIACAP, ICD 503, CSA, SSAE16, PCI-DSS 2.0, SOX/GLBA, HIPAA HITECH, NERC CIP, IS0 27001-2005/2013, and others - in the customer's environment as well as any xStream powered cloud.
Virtustream will continue to distribute ViewTrust's Analytics and Continuous Monitoring Engine (ACE) platform, as well as its ComplyVision, ThreatVision, LogVision, and AssetVision software solutions. These software solutions provide Enterprise Risk Management (ERM/xGRC) services integrated with compliance management, cyber security and threat impact analysis to commercial and government clients. ViewTrust currently provides these ERM solutions to such clients as
“We’re very excited to join the Virtustream team,” said Kaus Phaltankar, CISSP, CISA and CEO of
Virtustream is the enterprise-class cloud software and service provider trusted by enterprises worldwide to migrate and run their mission-critical applications in the cloud. For enterprises, service providers and government agencies, only Virtustream's xStream™ cloud management software and Infrastructure-as-a-Service (IaaS) meet the security, compliance, performance, efficiency and consumption-based billing requirements needed to move complex production applications to the cloud - whether private, public or hybrid. The company is headquartered in