HelpSystems to Acquire Tripwire

HelpSystems has signed a definitive stock purchase agreement to acquire Tripwire, a leader of file integrity monitoring (FIM) solutions from Belden Inc.

Nasdaq-listed Belden is a leading global supplier of specialty networking solutions. The size of the deal was not disclosed. With the ongoing increase in cyberattacks, Tripwire’s FIM solution gives resource-constrained organisations insights and actionable intelligence around how files have changed, who changed them, and when the change occurred. When this monitoring reveals unexpected results, IT teams can then determine whether access was unauthorized and how best to restore an affected file. FIM can also be useful for detecting malware in the files it scans to enable businesses to comply with regulations such as PCI-DSS, NERC CIP, FISMA, SOX, NIST, and HIPAA.

“Tripwire’s file integrity monitoring solution pairs business context with necessary remediation steps, making it an important piece of the cybersecurity puzzle for organizations in highly regulated industries.” We are excited welcome the Tripwire team to the HelpSystems family and look forward to working together to introduce these benefits to our global customers. File integrity monitoring is an excellent addition to our Infrastructure Protection and Data Security portfolios, and Tripwire is the established leader in this space.” Kate Bolseth, CEO, HelpSystems

“HelpSystems is a trusted name in cybersecurity, and their strategic direction, positive culture, and depth of resources will be an excellent fit for our team and our solutions,” said Subhajit Bagchi, President, Tripwire. “As part of HelpSystems, we look forward to expanding our reach and introducing our customers to the wide range of solutions HelpSystems offers to address today’s fast-changing cybersecurity environment. We look forward to the established partnership with HelpSystems and continuing to provide integrated cybersecurity solutions to our customers in industrial end markets.”

As the inventor of FIM technology, Tripwire sets the industry standard for this critical security control, a foundational element in a finely tuned security posture. Many large enterprises within the financial services, technology, and industrial verticals look to Tripwire to meet compliance requirements by alerting them to concerning changes to sensitive assets.

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