
"A Zero Trust (ZT) architecture abolishes the idea of a trusted network inside a defined corporate perimeter. ZT mandates that enterprises create microperimeters of control around their sensitive data assets to gain visibility into how they use data across their ecosystem to win, serve, and retain customers."
Barracuda Acquires Fyde: Potential MSP Use Cases
Fyde, based in California and Portugal, raised a €2 million post-seed funding round in July 2019, according to Finsmes. That round was co-led by Draper Nexus and Vertex Ventures, and subscribed by Bright Pixel, Portugal Ventures and Wells Fargo.Fyde, founded in 2017, develops a software platform that provides employees, partners, contractors and outsourcers with secure access to approved on-premises, remote and cloud resources. Or as Barracuda asserts:"Fyde’s ZTNA solution addresses the security risks associated with traditional remote access by continuously verifying that only the right person, with the right device, and the right permissions can access company resources. The solution is ideal to connect users directly to cloud-native and legacy corporate applications deployed in hybrid and multi-cloud environments."
“Remote work is here to stay, cloud migrations are accelerating, and traditional corporate perimeters have disappeared. Fyde offers a powerful ZTNA solution that works on any infrastructure, any device, and with any application on a corporate network. With this acquisition, Barracuda is providing distributed businesses a new way to modernize remote access, enforce global security and access policies, and achieve seamless connectivity without compromising productivity.”
MSP Security: What Makes Barracuda Unique?
Every major MSP platform provider -- ConnectWise, Datto, Kaseya, SolarWinds MSP and more -- has been acquiring, developing or partnering to deliver security-related services that help MSPs mitigate threats and safeguard customer assets.Yesterday, for instance, ConnectWise confirmed the Perch Security and StratoZen acquisitions for SOC (security operations center) and SIEM (security information and event management) services.
Barracuda's Overall Cybersecurity Portfolio
Fast forward to present day. Barracuda says the Fyde acquisition and the overall Barracuda portfolio helps MSPs and customers to further address such use cases as:- Secure single sign-on to SaaS applications
- Secure access to applications from BYOD devices
- Simultaneous access to applications located on-premises and on multiple clouds
- Mobile device security monitoring and protection against malicious websites
- Simplified privileged access.