HelpSystems acquires Fox Technologies to expand its Cybersecurity Portfolio
SPI, the African distributor for utility software products and services to the Open Systems segment of the IT industry and the sole sub-Saharan Africa distributor for HelpSystems, today announced that the latter has acquired Fox Technologies, a solution provider in the cybersecurity industry since 2001, from Parallax Capital Partners. Fox Technologies solutions help organisations tighten security by centralising Linux and Unix identity and access management. With the acquisition, HelpSystems can help customers manage user privileges—granting employees the right amount of access necessary to perform their jobs—across a greater range of operating systems. This capability is critical as most cyberattacks are carried out by company insiders. It also protects organisations from outsider attacks because fewer users have elevated privileges, limiting the exposure of sensitive data if credentials are compromised.
“Opportunistic employees often gain unauthorised access to critical information due to weak or poorly enforced security policies,” commented Chris Heim, CEO, HelpSystems. “Protecting businesses from these attacks is where Fox Technologies solutions excel. In fact, members of the Fortune 500 trust Fox Technologies to enforce granular security controls and achieve compliance with strict regulatory guidelines.”
This solution adds to HelpSystems’ growing cybersecurity portfolio, which features anti-virus, vulnerability and security scanning, and managed file transfer for Unix and Linux-based platforms. This is particularly relevant as a growing number of businesses use Linux in their cloud networks. Ultimately, HelpSystems believes it will be able to help organisations worldwide keep systems and data safe on hundreds or thousands of servers with fewer resources required.
“Since our first introduction to the Fox Technologies team and solution set, we knew there would be a great fit with HelpSystems,” added Dan Mayleben, CFO, HelpSystems. “Our two companies are equally committed to helping businesses with the growing problem of cybersecurity. We look forward to continuing to enhance the Fox Technologies product line to help our customers secure their networks now and for years to come.”
“We’re pleased to be joining the HelpSystems family and are impressed by how their array of solutions helps solve pressing problems for IT organisations,” concluded Vic Shepherd, CEO, Fox Technologies.
For more information, please contact Chris Anderson of SPI Group Pty Ltd on 011 234 1560 or fax 011 234 1387; email chris@spi.co.za or visit our website www.spi.co.za
