HelpSystems Acquires Vera to Broaden Data Security Solutions

HelpSystems CEO Kate Bolseth. Photo: HelpSystems.

HelpSystems, a global software firm focused on cybersecurity and automation software that simplifies critical IT processes to give users peace of mind, recently announced the acquisition of cloud-based data protection solution provider, Vera. Vera’s data-centric security solution enables businesses of all sizes to secure, track and share any kind of data, no matter where it’s stored or located.

With robust policy enforcement, strong encryption, and strict access controls, Vera’s data-centric security solution enables employees to collaborate freely while ensuring a high level of security, visibility, and control. It empowers customers in financial services, manufacturing, media & entertainment, and other industries to achieve the fine balance between strong security and productive collaboration by giving users the ability to secure, track, audit, and revoke data access at any time.

HelpSystems, which’s stated aim is "helping exceptional organizations Build a Better IT™" and improve compliance posture, said it is acquiring Vera to extend its data security portfolio and meet the increased demand for solutions that protect information throughout the full data lifecycle, from data classification to secure file transfer and data loss prevention and encryption.

“The market for data security is evolving fast to require a comprehensive approach to discovery, detection, classification and dynamic encryption,” Kate Bolseth, HelpSystems CEO, said. “Vera seamlessly integrates and expands HelpSystems data security solution offerings and we welcome the Vera employees and their expertise to the global HelpSystems family.”

Data is always on the move, not only within an organization, but also as it’s shared with customers, partners, and ever-growing remote workforces relying on both on-premises and cloud-based technology. This means the once-impenetrable corporate IT perimeter no longer exists, and managing sensitive files that contain valuable IP, financial data, or customer details requires a new way of thinking.

Vera solves this challenge by attaching military-grade encryption, access controls, security, and policy directly to data, giving companies granular control and audit capabilities over their information. It offers powerful risk mitigation for entities relying on the cloud to store sensitive IP such as products plans, manufacturing designs, financial strategies & results, and security operations audits.  It also covers data subject to regulation such as credit card numbers, social security numbers, and patient medical records.

“I’m pleased Vera is joining a global company with a comprehensive set of solutions empowering customers to strengthen their approach to data security,” said Shri Dodani, President and CEO, Vera. “Vera solutions extend HelpSystems’ existing data security portfolio meeting the needs of our combined customers and partners. We have been working together at some of our largest customers and have proven the joint value proposition and look forward to expanding our go-to-market leveraging HelpSystems global footprint and resources.”