Lookout has purchased password management provider SaferPass to help carriers manage their consumer app. The San Francisco-based endpoint and cloud security vendor is looking to expand the product to large enterprises. Lookout CEO Jim Dolce: “The market opportunity was so large that we wanted to put more organic investment” Dolce says large vendors in the space, such as 1Password and LastPass, are also seeking deals with enterprises that need a digital vault rather than just password management. The company plans to add password management to what it’s already doing in the app around security, privacy and identity protection.”]
Source: https://www.cuinfosecurity.com/lookout-buys-saferpass-to-help-carriers-manage-passwords-a-19190