Security News > 2020 > May > Smarsh Adds Cybersecurity and Compliance to Archiving with Acquisition of Entreda
Information archiving firm Smarsh has acquired cybersecurity and compliance firm Entreda.
The acquisition adds Entreda's 300 clients from the enterprise wealth management market to Smarsh's 6,000 financial services clients, while bringing new cybersecurity expertise to the secure collection, storage and management of enterprise data.
Entreda brings new cybersecurity risk and compliance capabilities to Smarsh's capture, archiving and monitoring of information across the breadth of corporate communication channels.
"With the acquisition [of Entreda]," Cramer added, "Smarsh can now offer our customers cutting-edge device, network and user level cybersecurity risk and compliance management capabilities."
Stephen Marsh, founder and chairman at Smarsh, told SecurityWeek, "Through our conversations with customers and regulators, it has become clear that firms need a cybersecurity compliance partner like Entreda. Entreda's Unify platform is a comprehensive, easy-to-use cybersecurity command center, monitoring multiple mission-critical threat vectors behind a single pane of glass. Similar to the Smarsh Connected Archive offerings, the product was purpose-built to help broker-dealers and registered investment advisories efficiently meet their regulatory requirements. Now customers can get compliance solutions for cybersecurity and electronic communications in one place."