Sectigo®, a global provider of automated digital certificate management and web security solutions, today announced the acquisition of SiteLock, a leading provider of website security protection and monitoring; the transaction also included Patchman, a Netherlands-based provider of automated Content Management System (CMS) vulnerability scanning and patching solutions.
By acquiring SiteLock, Sectigo expands its product capabilities, partner network, and reach to more than 16 million websites currently protected by Sitelock. The combined organization establishes a commanding market leadership position in web security.
Global demand for advanced web security is at an all-time high, particularly in an era of remote work and increasingly frequent and complex cyberattacks. Sales of the Sectigo Web Security Platform grew nearly 40% in the 2H of 2020, demonstrating that businesses are making increased investments to improve their website security and ensure business continuity.
The recent Sectigo State of Website Security and Threat Report, found that 20% of SMBs surveyed have experienced a breach in the past year alone. Thirty-seven percent of those breached concede that they had some form of website security in place at the time—underscoring the need for more comprehensive solutions.
Also Read: Top Reasons Why Enterprises Need an Incident Response Plan
“SiteLock is a widely recognized and trusted brand for website security among customers and partners globally,” explained Michael Fowler, President of Partners and Channel, Sectigo. “Businesses are facing more frequent and sophisticated web-based attacks, often overwhelming website owners and crippling their business. By combining Sitelock and Sectigo products’ strengths, we are providing an unmatched, automated website security solution backed by two of the largest brands and experts in the market.”
“As a recognized leader in innovative cybersecurity solutions for both enterprises and small businesses, we are energized by the opportunity to join Sectigo’s rapidly expanding global organization,” said Tom Serani, Chief Channel Officer, SiteLock. “Now, as part of the trusted Sectigo organization, we will continue to develop and deliver best-in-class security solutions that safeguard businesses worldwide.”
SiteLock is Sectigo’s fifth acquisition completed during the past three years. Sectigo strengthened its enterprise security platform in 2019 with the addition of Icon Labs’ IoT security technology, and acquired CodeGuard, a website backup and recovery company for SMBs in mid-2018.
In fall 2020, the company acquired SSL247, the biggest SSL certificate and web security provider in the UK and France, and Xolphin, the largest provider of SSL certificates and digital signatures in the Netherlands, to extend its sales reach and support for the company’s leading SSL certificate solutions.
With this acquisition, Sectigo’s global organization will grow to more than 450 employees worldwide. The SiteLock brand will remain intact and will now be known as SiteLock, “A Sectigo Company,” a separate business unit within Sectigo Ltd.
For more such updates follow us on Google News ITsecuritywire News. Please subscribe to our Newsletter for more updates.