Facebook buys PrivateCore to protect the servers from cyberattacks
Facebook has bought PrivateCore, a startup that specializes in data encryption to protect servers. Thus, the company will improve the security of its platform against malware, unauthorized access and malicious hardware devices. Financial details of the deal were not disclosed, but we assume that it has not been one of the companies that have cost so much.
PrivateCore has a technology called vCage that is getting protect various platforms from malicious attacks that want to interfere with the security of the same. In addition, it will prevent access to the data of millions of users with whom you already have a social network. It would be be able to develop software to improve the security of the network.
In addition, the company has confirmed that Marc Zuckerberg plans to incorporate this technology in the future to his own company to enhance the online protection. Furthermore, the startup will be able to optimize the system, thanks to the resources Facebook already have. “What makes this development so exciting is that Facebook and PrivateCore have the same goal, “said the CEO of the startup, Oded Horovitz, after the acquisition was known. This social network has done more than any other company by connecting the world and we want to use our technology security servers to help make these connections safe and secure, “added the manager. Facebook said that they believe the technology and experience of PrivateCore will help to improve and optimize the mission of the company to create a more open and connected world safer.
PrivateCore was founded in 2012 by several veteran safety who had worked at companies such as VMware and Google. So far, the company has been backed by 1.7 million euros of funding from TEEC Angel Fund and Foundation Capital. As we know Hearbleed attack buzzed the online world and even if you have not heard much about it, that does not mean that the problem is resolved. Just over a month ago over 300,000 servers were vulnerable. This situation is a cause for concern. For that reason, it is very important for Facebook to improve their security by acquiring companies like PrivateCore to keep the users data secure.