Microsoft Corp. is reported to have acquired Software-as-a-service (SaaS) cloud cybersecurity company Adallom, Inc. for $320 million.

Founded in 2012 by Assaf Rappaport, Ami Luttwak and Roy Reznik, former members of the Israeli Intelligence Corps’ Unit 8200, Adallom offers a cloud access security platform which delivers visibility, governance and protection for cloud applications.

Available as a SaaS-based or on-premises solution, the company’s solutions are said to offer an innovative platform, that in their own words, means that “you don’t have to be a data scientist to understand risks and threats.”

 Adallom’s platform works for any user on any device on any network, with no need for an agent, or network configuration, and can be deployed within 8 minutes.

The platforms API mode integrates into the framework of enterprise cloud applications, with their SmartProxy architecture seamlessly directing users through the Adallom cloud, providing the enterprise with complete control without breaking application functions.

For those users needing more, the platform supports deployment of hybrid modes, with one example given being API mode for normal usage and proxy mode for unmanaged device access.

As well as their core cybersecurity service, Adallom’s platform also offers support for governance, risk management and compliance, offering enterprise users meaningful insights on their employees, the data they’re accessing, and their activities in the cloud. Each insight is said to be actionable, so the enterprise is able the apply the applicable policies.

 As Globes rightfully reports, the acquisition takes Microsoft full circle as it was it was Adallom in December 2013 that exposed the break into the security server of Microsoft Office 365, news that garnered widespread reporting at the time.

Source : http://siliconangle.com