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BetterCloud announces acquisition of Tricent

BetterCloud

November 13, 2024

3 minute read

BetterCloud acquires Tricent to bolster file sharing governance

Today, we’re excited to announce the acquisition of Tricent, a top global file sharing governance platform!

While there are dozens of reasons to keep IT up at night, securing the tech stack surpasses them all. SaaS undoubtedly makes our lives easier, but it also opens up new security holes. It’s a trade-off, but one IT has to manage.

To help IT manage this trade-off, BetterCloud has acquired a leading  file-sharing governance platform, Tricent. With Tricent’s advanced governance tools and BetterCloud’s proactive file security features, this acquisition will offer the most comprehensive and robust file security solution for SaaS lifecycle management.

With BetterCloud, IT can further secure its tech stack with full, granular, automated control of its organization’s Google and Microsoft shared files.

Back in August, the cybersecurity podcast “Darknet Diaries” revealed a hidden danger: shared folders can become accidental gateways for hackers.

Podcast host, Jack Rhysider, interviews “Professor Dubstep”, a once curious teenager who was able to hack his way into finding unreleased dubstep music. Specifically into Skrillex’s Dropbox.

While file sharing services like Box, Google Drive, and Dropbox are fantastic for teamwork on short-term projects or even daily tasks, they also introduce a potential security risk. 

This episode of the “Darknet Diaries” serves as a chilling reminder of the challenge this poses for IT departments. File sharing platforms are an essential tool, but as Professor Dubstep demonstrates, anyone with a shared link could potentially gain unauthorized access.

And, with the EU Data Governance Act enforcement starting in September 2025, the cost of not managing shared files is about to be much higher. The regulation requires that all companies doing business in EMEA, regardless of origin, have established processes for managing shared files and data.

To calculate the cost of your organization’s unmanaged shared files visit the file sharing calculator

The solution: File sharing governance

File sharing is an essential part of modern businesses. Collaboration on projects, sharing files with clients, and access to important documents all rely on a strong file-sharing platform such as Google Drive or Microsoft Sharepoint. 

But file sharing is a double-edged sword. This powerful tool for collaboration can be a security nightmare if not managed properly. That’s where file sharing governance comes in.

What is file sharing governance?

Think of file sharing governance as setting the rules of the road for your digital files. It’s about defining how files are created, stored, shared, and eventually disposed of.

This ensures SaaS security by safeguarding data, maintaining compliance, and optimizing efficiency.

How BetterCloud empowers IT to take control

BetterCloud grants you the power to oversee and control your file-sharing environment, safeguarding your organization from external threats.

Achieve instant visibility into your company’s files with BetterCloud, delivering:

  • Policy creation: IT administrators can define external sharing policies, such as expiration periods for shared files and creating domain allow/block lists.
  • Proactive and collaborative policy enforcement: Paired with automated file security, file owners are notified when their files require action according to set policies. Users can choose to extend sharing, stop sharing, or allow BetterCloud to automatically clean up shared files.
  • Quickly prove compliance: BetterCloud provides a history of all sharing events in the administrative portal.

With BetterCloud, IT will have unparalleled control of its file-sharing environment, including Google Shared Drives and Microsoft 365, while empowering end users to share responsibly. This transparency reduces frustration and encourages responsible sharing practices, enhancing overall security.

See how Tricent automates file sharing governance with Google Workspace and Microsoft 365.

Simplify your SaaS and empower your team with BetterCloud

Beyond automated file security management, BetterCloud is the platform for harnessing the value of SaaS. From software asset management to spend optimization to robust user automation, manage the entire SaaS lifecycle all in one place.

Empower your IT team with BetterCloud, the ultimate SaaS Lifecycle Management platform.

To learn about how BetterCloud can help you manage your tech stack, schedule a demo here.

Read the full press release here.